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India’s tech state Karnataka bans social media for children under 16
Less than one-quarter of Karnataka's population is under the age of...
US’s DFC announces $20B plan for Maritime Reinsurance in the Gulf
Working alongside CENTCOM, DFC coverage will offer a level of...
More than 1-in-3 people globally vulnerable to flood Risk, says Moody’s
South Asia is the most flood-prone region, with almost 40% of its inhabitants susceptible to inland flooding and just over 5% at risk from coastal flooding at the 100-year return period level London: As the Southeastern US and central Europe contend with the aftermath...
Microinsurance Network announces partnership with African Insurance Organisation
Together, MiN and AIO, with additional support from the International Labour Organization (ILO)’s Impact Insurance Facility aim to create a robust platform for knowledge sharing, capacity building, and the promotion of product development to enhance the inclusive...
“Despite evolving global economic challenges, the study indicates a positive business outlook across several sectors in India. This sentiment continues in many of the domestically driven sectors illustrated by the projected increments in the manufacturing, life...
Investors lose Rs10 lakh crore amid Middle East conflict, Sensex plunges 1800 points
According to market experts, the domestic market took a sharp downturn following Iran’s launch of ballistic missiles at Israel, sparking fears of retaliation and escalation into war. This could potentially drive up oil prices and lead to inflationary pressures, they...
West Asia tensions: Air India closely monitoring situation; Lufthansa cancels 2 flights on Wed
German carrier Lufthansa on Wednesday cancelled its flights from Hyderabad to Frankfurt (LH753/01) and from Mumbai to Frankfurt (LH757/01) due to current situation in West Asia New Delhi: Amid escalating tensions in West Asia, some flights from Europe to India have...
Israel-Iran conflict: India Inc braces for wider sea trade disruption
As per a recent Crisil Ratings report, Indian companies use the Red Sea route through the Suez Canal to trade with Europe, North America, north Africa, and part of the Middle East. The country’s overall merchandise trade (exports and imports combined) in FY23 was Rs...
India’s EV market rises 23 pc in September with 1.59 lakh unit sales
Electric two-wheeler sales were 0.90 lakh units, a rise from 0.64 lakh units in the same month last year. The electric three-wheeler segment saw 0.63 lakh unit sales, compared with 0.58 lakh units in September 2023, as per the data New Delhi: In a boost for the...
Airlines in the Gulf adjust routes after Iran’s attack on Israel
Neighbouring countries have closed their airspace and airline crews are navigating alternative routes to avoid the escalating conflict DUBAI: Several airlines operating in the Gulf have adjusted their flight routes to ensure passenger safety following Iran's attack on...
Govt allows non-forest depts to undertake disaster prevention work in forest areas
In a letter to states and Union territories on Tuesday, the ministry said that according to the Van (Sanrakshan Evam Samvardhan) Adhiniyam, 1980, and related guidelines, certain forestry activities can be carried out in forest areas in emergency situations, such as...
Centre releases Rs 5858.60 crore to 14 flood-affected states
The Centre has released more than Rs14,958 crore to 21 states this year, said the MHA.This includes Rs9,044.80 crore from the SDRF to 21 states, Rs4,528.66 crore from the NDRF to 15 states, and Rs1,385.45 crore from the State Disaster Mitigation Fund (SDMF) to 11...