PwC “turned a blind eye” to Evergrande’s fraud, the Chinese...
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Goldman Sachs settles shareholder lawsuit over Malaysian 1MDB scandal
Goldman agreed in 2020 to pay $2.9 billion in penalties and have a...
Ex-Credit Suisse team plans $1 billion Fund for Data Center Risk
It would be the first time a product in the market for...
Indian Non-Life Insurance Industry:Poised for significant growth in FY2026 & beyond
Notwithstanding geopolitical tensions and external headwinds, the Indian non-life insurance sector is projected to grow between 13-15% on an annual basis over the near term as consumer demand rises in step with the country’s economic growth momentum. Sharad Mathur,...
Frame no-fault compensation policy for serious adverse events after Covid vaccination: SC to Centre
The top court delivered its verdict on pleas, including the one which alleged that two women lost their lives in 2021 after taking the first dose of the Covishield vaccine. The plea alleged that both of them suffered from severe adverse effects following immunisation....
Middle East Crisis: How US-Israeli war on Iran is upending global business
The war has closed much of the region’s airspace and crippled Dubai and Doha airports, two of the world’s busiest transit hubs, stranded tens of thousands of passengers and forced airlines to cancel about 40,000 flights–the travel industry’s biggest disruption since...
IRDAI issues licenses to Kiwi General Insurance and Allianz Jio Reinsurance, approves draft regulations for new SBSR Act
Ajay Seth, Chairman, IRDAI In order to expedite the regulatory alignment process and incorporating reforms of SBSR Act(the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, the IRDAI granted in-principle approval for drafting and publishing the draft...
Over 1.61 lakh water samples found contaminated in 2025-26: Govt in Rajya Sabha
The number of samples tested in labs in 2025-2026 was 63.96 lakh, out of which 1.61 lakh were found to be contaminated, the House was informed. New Delhi: As many as 1.61 lakh samples of water out of nearly 64 lakh tested across the country in 2025-26 were found to be...
Govt to curb opaque shipping surcharges amid Middle East tensions: Report
The move comes after exporters flagged sharp and sometimes arbitrary increases in logistics costs, particularly during the current geopolitical crisis that has disrupted global shipping routes and pushed freight rates higher. New Delhi: The government is preparing to...
Over 3.07 crore women-led enterprises registered on Udyam till Feb 2026: Govt
Responding to a written question in the Rajya Sabha, Minister of State for MSME Shobha Karandlaje said the government has been implementing several schemes to support women entrepreneurs and increase their participation in the MSME sector New Delhi:More than 3.07...
Indian refiners seek legal view to buy sanctioned Russian oil under US waiver
The world's third-biggest oil importer gets about 40% of its oil imports from the Middle East through the Strait of Hormuz.India has been hit by the stoppage of liquefied natural gas production by Qatar and the disruption to supplies from Abu Dhabi National Oil...
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 15, a report of a 2019-20 survey conducted by India's federal health ministry showed. The state has a population of 67.6 million, a 2025 presentation by federal government think tank Niti Aayog...
US’s DFC announces $20B plan for Maritime Reinsurance in the Gulf
Working alongside CENTCOM, DFC coverage will offer a level of security no other policy can provide. We are confident that our reinsurance plan will get oil, gasoline, LNG, jet fuel, and fertilizer through the Strait of Hormuz and flowing again to the world,said DFC...