Jeremy Nixon, the CEO of Ocean Network Express, said Monday there...
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Iran conflict disrupts global shipping as tankers are stranded, damaged
War risk premiums have risen up to 1% of the value of a ship in the...
Insurance gaps leave airlines exposed as Iran conflict widens
Airlines have aviation war cover for their fleets, including damage...
U.S. Fed slashed interest rates by half a point in its first cut since 2020, more expected
Fed Chair Jerome Powell Policymakers see the Fed's benchmark rate falling by another half of a percentage point by the end of this year, another full percentage point in 2025, and by a final half of a percentage point in 2026 to end in a 2.75%-3.00% range Washington:...
US files $100 million lawsuit against owner and operator of ship that destroyed Baltimore’s Key Bridge
“The Justice Department is committed to ensuring accountability for those responsible for the destruction of the Francis Scott Key Bridge, which resulted in the tragic deaths of six people and disrupted our country’s transportation and defense infrastructure,” said...
Nearly 50% of public infrastructure unprepared for disaster management: CBRE survey
"Floods, extreme temperatures, and cyclones have become more common and severe, causing widespread damage to infrastructure, loss of lives, and disruption of livelihoods, the country is increasingly exposed to man-made risks such as industrial accidents, cyberattacks,...
Presence of carcinogenic chemicals in cars NGT issues notice to BIS and MoRTH
The tribunal was hearing a matter where it had taken suo motu (on its own) cognisance of a media report regarding the use of two flame retardant chemicals inside cars - - TDCIPP and TCEP - - which were carcinogenic New Delhi: The National Green Tribunal (NGT) has...
‘Samanvaya’ portal for data exchange among police forces on cyber criminals’ activities MHA
The portal will act as a data repository of cybercrime, data sharing, crime mapping, data analytics, cooperation and coordination platform for the Law Enforcement Agencies across the country. The Ministry of Home Affairs aims to raise 5,000 cyber commandos in five...
Bangladesh political instability not to impact credit quality of Indian firms: CRISIL
The report said that there has also been no significant impact on India's trade with Bangladesh going forward, while the effect will vary based on industry specific exposure. Kolkata: Leading research firm CRISIL Ratings said in its report that the recent political...
Russian insurance shores up cheaper oil exports to top buyer India
By using Russian insurers, Moscow can sell the oil above a $60 per barrel price cap that the Group of Seven (G7), the European Union and Australia imposed aiming to limit Russia's oil revenue following its invasion of Ukraine. Over 60% of Russia's seaborne oil exports...
Don’t reject transgender’s application over identity HC tells TN veterinary varsity
Justice M Dhandapani gave the ruling in a recent order, while disposing of a petition from A Nivetha, challenging the prospectus issued by the Tamil Nadu Veterinary and Animal Sciences University (TANUVAS) for the admission notification for undergraduate degree...
France uses tough, untested cybercrime law to target Telegram’s Durov
Pavel Durov, CEO, Telegram The so-called LOPMI law, enacted in January 2023, has placed France at the forefront of a group of nations taking a sterner stance on crime-ridden websites. But the law is so recent that prosecutors have yet to secure a conviction PARIS:...
Rate cut to be based on long-term inflation trajectory: RBI Governor
Shaktikanta Das, Governor, Reserve Bank of India I would like to sort of step back and look more carefully at what is the future trajectory of inflation and growth, and based on that, we will take a decision," Reserve Bank of India (RBI) Governor Shaktikanta Das...