Girija Subramanian, CMD, New India Assurance Till July 2025, 12...
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US PE giant Blackstone buys majority stake in Ace Insurance Brokers
Ace Insurance Broker known for arranging major covers for Adani...
Equity mutual fund inflow stands at Rs 33,430 crore in Aug, gold ETFs jump: AMFI
"From Rs 42,702 crore of net flow on July 25 to Rs 33,430 crore on...
Risk Report: Building Risk Culture for India Inc
Sanjeev Mantri, MD & CEO, ICICI General Insurance Profound urgency of Climate Change continues to be undervalued among India Inc. Only Energy and Utilities, Hospitality, Infrastructure and Real Estate and FMCG sectors identified Climate Change and Natural...
World population to top 8 billion by January 1,adds 75 million this year
The worldwide growth rate in the past year was just under 1 per cent. At the start of 2024, 4.3 births and two deaths are expected worldwide every second, according to the Census Bureau figures Washington: The world population grew by 75 million people over the past...
JN.1 variant dominates US with 50% of Covid cases: CDC
"JN.1 continues to cause an increasing share of infections and is now the most widely circulating variant in the United States. For the two weeks ending on December 23, 2023, JN.1 is expected to account for 39-50 per cent of all SARS-CoV-2 variants," the CDC said in...
Wealth Management: Record year for India’s $585 billion Mutual Fund industry
As the unforeseen gift of a pandemic-led boom in retail investing keeps on giving, and India’s $4.1 trillion equity market continues to grow — benchmark indexes are poised to cap a record eighth year of gains — industry veterans see mutual funds attracting a bigger...
Self-driving cars could be on UK roads by 2026:Minister
Critics of the technology, which has been trialed in the United States, say that the vehicles can cause crashes, and in California, regulators ordered General Motors’ driverless car unit Cruise to remove its vehicles from state roads after an accident in October...
Tokyo court only holds utility responsible to compensate Fukushima evacuees and reduces damages
The decision is among the four rulings that apparently came in line with the June 2022 Supreme Court decision that said the government wasn't liable for the disaster and that the disaster from a tsunami that high wasn't foreseeable or preventable A Tokyo court has...
China metals giant faces protest in Indonesia after fatal blast
The deadly blast at a furnace run by PT Indonesia Tsingshan Stainless Steel — which is controlled by the Chinese group — has triggered a police investigation and a halt to the firm’s operations. Tsingshan is the world’s biggest nickel producer and one of Indonesia’s...
India records six Covid-19 deaths, 692 new cases in 24 hrs; total active caseload at 4,097
A total of 109 cases of the JN.1 sub-variant have been detected in India until Wednesday, as per Health Ministry sources New Delhi: India records six Covid-19 deaths, 692 new cases in 24 hrs; total active caseload at 4,097India recorded 692 fresh cases of COVID-19 in...
Govt asks platforms not to carry ads of fraudulent loan apps; seeks swift removal of such apps
''One of the areas we are now cracking down on is advertising of fraudulent loan apps that many platforms are carrying and we have, through yesterday's advisory, made it clear that no intermediary can carry advertisements of fraudulent loan apps because it will be...
Fraud cases in banking sector rises in first half of FY24: RBI report
With the adoption of new technology, it said, the risks of cyberattacks, data breaches and operational failures have also increased. Frauds lead to reputational, operational and business risk for banks and undermine customers' trust in the banking system with...