There will be sizable insured losses, and the conflict could have...
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Black Swan scenarios: Crisis of geopolitical instability and interconnected risks
According to new Allianz Risk Barometer analysis,respondents in...
London marine insurers widen high-risk zone in Mideast Gulf as conflict escalates
Gulf war risk premiums have risen fivefold in recent days compared...
Sensex surges to record high, investors gain Rs 6.24 trillion
"Markets were on a roll on the back of across-the-board buying as the US interest rate cut has triggered a downward spiral in both Indian and US bond yields, making India's financial assets more attractive," Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd,...
Banks must use UPI to create more digital opportunities to empower millions: FM Sitharaman
Nirmala Sitharaman, Union Finance Minister As banks benefit from technology, they need to periodically learn to mitigate risks and improve customer service, credit assessments and fraud detection using technology, the Finance Minister noted Mumbai: As the unified...
Supreme Court’s YouTube channel hacked
In its e-initiative measures, the SC began live streaming proceedings of the Constitution Bench on YouTube and used artificial intelligence and natural language processing technology for live transcription of such hearings of national importance New Delhi: The Supreme...
LIC to tap NRIs and PIOs through Gift City
Siddartha Mohanty, CEO & MD,LIC Siddartha Mohanty, CEO & MD,LIC, addressed a conference of its CEO’s & Heads of foreign units from UK, Singapore, Bahrain, Kenya, Fiji, Mauritius, Nepal, Sri Lanka & Bangladesh at GIFT city, Gandhinagar on Friday Gift...
Role of food regulators more crucial to protect consumers’ health: JP Nadda
JP Nadda,Union Minister of Health and Family Welfare Highlighting the country’s efforts in alternative measures to curb the increasing menace of plastic wastes, the minister said India is taking steps to reduce plastic wastes and adopting organic farming and organic...
Bombay HC quashes amended IT Rules on fake news; speaks of their `chilling effect’
The amended rules provided for the establishment of a fact checking unit (FCU) with powers to flag misleading or false online content concerning the government. Observing that the amended rules infringed the right to equality and freedom of speech, the court also said...
India on track to becoming third-largest economy by FY31: S&P report
The country has emerged as the fastest-growing large economy at an 8.2 per cent growth rate in FY24, significantly exceeding the government's earlier estimate of 7.3 per cent Mumbai: India is on track to become the third-largest economy by fiscal 2030-31, driven by a...
Stroke cases increasing globally, air pollution, high temperatures driving numbers: Lancet Study
Further, for the first time, particulate matter or PM air pollution was found to have the same contribution as smoking towards causing a fatal form of brain bleed, according to the researchers forming the Global Burden of Disease, Injuries, and Risk Factors Study...
Central Europe flooding could cause billions in insurance losses, analysts say
According to re/insurance broker Gallagher Re's estimate, insured losses are likely to range between EUR 2.0 – 3.0 billion (USD 2.2 – 3.3 billion) The latest flooding in central Europe could cause economic losses ranging from several hundred million euros to billions,...
In 10 yrs National Pension Scheme has 1.86 cr subscribers with an AUM of Rs 13 trillion: Sitharaman
Nirmala Sitharaman,Finance Minister NPS has generated 14 per cent, 9.1 per cent, and 8.8 per cent returns for investments in equity, corporate debt and G-Secs, respectively, Finance Minister Nirmala Sitharaman said New Delhi: Finance Minister Nirmala Sitharaman on...