Additional premiums for vessels transiting high-risk waters are...
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Rising tensions in Middle East may impact trade, push up freight, insurance costs
``The disruption in the Strait of Hormuz threatens a major share of...
India braces for hotter-than-normal summer, more heatwave days expected
In March, the first month of the summer season, minimum...
India’s household debts surge on back of housing loans, rising trend of unsecured lending
As per the report, as of FY23, India's household debt has reached 38 per cent of GDP, reflecting a growing trend in household leverage. The report noted that the household debt is linked to real estate, such as homes and properties and it is driven by investment...
Combination of EVs, hybrids, plug-in-hybrids will drive India’s clean energy auto sector: Report
As per the report, the Indian EV market has seen tremendous growth. Global EV sales reached 14 million in 2023, with India experiencing a 90 per cent growth rate. By 2030, the Indian government aims for 30 per cent EV penetration, with key enablers like expanded...
Tech companies commit to fighting harmful AI sexual imagery by curbing nudity from datasets
In a deal brokered by the Biden administration, tech companies Adobe, Anthropic, Cohere, Microsoft and OpenAI said they would voluntarily commit to removing nude images from AI training datasets “when appropriate and depending on the purpose of the model.” WASHINGTON:...
Sebi introduces centralized fee collection mechanism for investment advisers, research analysts
Under this mechanism, clients will pay fees to Investment Advisers (IAs) and Research Analysts (RAs) , through a designated platform or portal administered by a recognised Administration and Supervisory Body (ASB), the regulator said in a circular Mumbai: Market...
India to add 179 million people to its working age population by 2045
India's working age population (age 25-64) is rising as a proportion of the total population which will be a positive for savings and investments as well, according to global investment firm Jefferies New Delhi: India's demographics are in a sweet spot, and the...
FPIs inject Rs 27,856 cr in equities in Sep so far on US rate cut expectations
Foreign Portfolio Investors (FPIs) have been consistently buying equities since June. Before that, they pulled out Rs 34,252 crore in April-May New Delhi: Foreign investors have infused Rs 27,856 crore in domestic equities in the first fortnight this month, owing to...
India jumps to Tier 1 in Global Cybersecurity Index 2024
India topped the chart for adopting measures like legal, technical, capacity development and cooperation as areas of relative strength. Organisational measures was a listed as an area of potential growth for the country New Delhi: India has jumped to Tier 1 in the...
Buffett’s insurance leader Ajit Jain sells large part of Berkshire stake
Ajait Jain, vice chairman, Berkshire Hathaway Jain’s selling occurred five days after Berkshire’s share price peaked above $727,000, and less than two weeks after its market valuation first topped $1 trillion Ajit Jain, the longtime top insurance executive at Warren...
Gastro problems could heighten Parkinson’s disease risk by 76%, study finds
Gastrointestinal problems are known to be common in patients suffering from neurodegenerative disorders, the authors said Digestive problems, including ulcers in one's food pipe or stomach, could increase the risk of Parkinson's disease by 76 per cent, according to a...
CCI probe finds Amazon, Walmart’s Flipkart breached antitrust laws
The investigation's findings are the latest setback for Amazon and Flipkart in a country where they continue to face criticism for their business practices from smaller retailers, who say their businesses have suffered in recent years due to deep discounts offered...