Oriental Insurance Company, a branch of India's Oriental Insurance,...
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India becomes world’s 3rd largest tech startup ecosystem with $7.7 bn of funding in 2025: Report
This sector received $10.1 billion worth of funds in the...
FSSAI launches dedicated licensing window for Ayurveda Aahara products
The initiative has been developed in close collaboration with the...
Govt highlights GIFT City as funding destination for Startups
''So far, the startup founders have largely used VC from abroad for funding. The government would prefer that they use other avenues for funding including the offshore financing framework that we set up in GIFT City,'' Rajesh Kumar Singh, the secretary of the...
Scientists announce sequencing of 10,000 genomes of Indian population
Creating a database of Indian genomes means that researchers anywhere can learn about genetic variants that are unique to India's population groups and use that to customise drugs and therapies New Delhi: Scientists on Tuesday announced that they have sequenced...
Berkshire posts record profit on insurance, investments
Berkshire Hathaway has reported net underwriting earnings across its re/insurance operations of $5.4 billion for the full year 2023 compared with a loss a year earlier. Warren Buffett’s Berkshire Hathaway on Saturday posted its second straight record annual operating...
Companies to dole out 10 pc average salary hike this year, says survey
'This trend showcases India's strong economic performance and its growing appeal as a hub for innovation and talent. Employees in the automobile, manufacturing & engineering and life sciences in India are projected to see the highest salary increment increases,...
New Zealand set to scrap world-first tobacco ban
Set to take effect from July, the toughest anti-tobacco rules in the world would have banned sales to those born after Jan. 1, 2009, cut nicotine content in smoked tobacco products and reduced the number of tobacco retailers by more than 90% New Zealand will repeal on...
Govt involvement necessary to manage rising global CAT and Cyber risks: Munich Re
The private sector cannot provide cover for the greatest systemic cyber risks, such as the failure of critical infrastructure or cyber war. But a potential solution to this complex problem is a governmental backstop – a precautionary measure of last resort, Munich Re...
Govt may look at enhanced KYC requirements for certain class of corporates
As many as 26,28,865 companies were registered in the country as on January 31, 2024, and out of the total, 16,65,438 companies, or 63 per cent were active, as per the latest official data New Delhi: The matters related to KYC (Know Your Customer), including a...
Houthi attacks has led to an “environmental disaster” in the Red Sea, US says
The Houthi assaults have continued despite waves of airstrikes by the US and the UK The missile attack by Houthi militants on a ship carrying a cargo of fertilizer has led to an “environmental disaster” in the Red Sea, US Central Command said Friday evening. Hours...
FM Sitharaman stresses on compliance of norms at meet with fintech heads
While the government has made it clear that there can be no compromise over the compliance to regulatory norms, it has also given the assurance that the fintech sector is seen as playing a key role in the Indian economy and various steps have been taken to nurture the...
Cyber Insurance: Heightened Indian Risk
Cyber insurance premium costs have increased by over 50% over the past year. Several factors have contributed to the considerable increase in cyber insurance premium in India. This include the surge, sophistication and severity of cyber-attacks that have significantly...