The statement was in response to a report in The Washington Post...
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SBI Life’s net profit falls 7% to Rs 495 crore in Q2FY26 as costs rise amid competition
Its net premium income jumped 22.6% to Rs 24,848, driven by a near...
Jaguar Land Rover hack cost UK economy $2.5 billion, report says
"This incident appears to be the most economically damaging cyber...
PM Modi chairs high-level meeting to review preparedness for heat wave conditions this summer
Prime Minister also stressed upon awareness creation along with adequate preparation in hospitals. He also highlighted the need for quick detection and putting out forest fires New Delhi: Prime Minister Narendra Modi on Thursday chaired a meeting to review...
Middle East on alert for Iranian attack as Lufthansa suspends Tehran flights
There was no immediate word from other international airlines that fly to Tehran. Iranian air space is also a key overflight route for Emirates' and Qatar Airways' flights to North America.Iranian Supreme Leader Ayatollah Ali Khamenei said Israel "must be punished and...
Apple warns of ‘mercenary spyware attack’ on users in India, 91 other countries
Mercenary spyware attacks are rare and vastly more sophisticated than regular cybercriminal activity or malware, according to the notification email. The iPhone-maker has sent threat notifications such as these multiple times a year since 2021, the notification email...
Europe’s wildfires in 2023 were among the worst this century, report says
Preliminary data for the first three months of 2024 show almost double the average number of fires, although these did not have major impact in terms of burnt areas According to the report, the wildfires produced some 20 megatonnes of CO2 emissions, equivalent to...
Takeaways from the Swiss women’s climate victory
This is the first time a regional human rights court has ruled that countries can violate human rights by failing to reduce their climate-warming emissions fast enough.The Court said it interpreted the European Convention on Human Rights language on a right to private...
Super election year increases risks of political violence in many countries, warns Allianz
As unrest can now spread more quickly and widely, thanks in part to social media, financial costs from such events for companies and insurers are mounting. Economic and insured losses from just seven civil unrest incidents in recent years cost approximately US$13bn...
Fitch cuts China’s ratings outlook on growth risks
"The outlook revision reflects increasing risks to China's public finance outlook as the country contends with more uncertain economic prospects amid a transition away from property-reliant growth to what the government views as a more sustainable growth model," Fitch...
IDF announces plans to facilitate investments in resilient infrastructure in emerging markets
Philipp Hildebrand, Vice Chairman of BlackRock, said,``“BlackRock is delighted to partner with a group of our most strategic insurance investors to help advance their objective of building greater resilience against climate change and other natural disasters in...
Global trade growth to rebound this year; geopolitical tensions pose downside risks: WTO forecast
WTO Director-General Ngozi Okonjo-Iweala said, “We are making progress towards global trade recovery, thanks to resilient supply chains and a solid multilateral trading framework, which are vital for improving livelihoods and welfare New Delhi: The global trade growth...
Equity mutual funds attract Rs 22,633 cr in March; SIP hit fresh high at Rs 19,187 cr
Systematic Investment Plan (SIP) monthly inflow rose to a fresh high of Rs 19,270 crore during the month under review from Rs 19,187 crore in February. Total SIP contribution stood at Rs 2 lakh crore, an uptick of 28 per cent over the previous year NEW DELHI: Equity...