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Time for greater workforce formalisation, expansion of social security coverage:SBI report
Punjab records the highest share of informal workers at 82 per...
Iran sets Hormuz transit rules; Shipowners stay cautious
Iran’s Islamic Revolutionary Guard Corps said Wednesday that “safe,...
Only 20% of women in India have adequate insurance,find out two insurers
Anand Roy, MD & CEO, Star Health said,“India is witnessing a meaningful shift in women’s approach to healthcare and financial protection.Younger women are engaging more in preventive care and integrating health insurance earlier into financial planning—viewing it...
Next frontier:Unlocking women’s financial adoption in India
With 75 million working women poised to unlock an Rs2.8 lakh crore market, Redseer' report underscores that the next frontier for BFSI players lies in shifting from a male-centric "access" model to a household-centric "adoption" strategy RedSeer, a premier strategic...
India gets 30-day US waiver to buy Russian oil amid Iran war
"President Trump's energy agenda has resulted in oil and gas production reaching the highest levels ever recorded. To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver to allow Indian refiners to purchase...
Maritime insurance premiums surge as Iran conflict widens,in some cases by more than 1,000%
Analysts at Jefferies estimated on Thursday that potential industry losses from at least seven vessels reported damaged, at the time its note was published on March 5, could reach up to $1.75 billion. With most tankers valued between $200 million and $300 million, the...
EU countries give final approval to 2040 climate target for 90% emissions cut
In practice, the target will require an 85% emissions reduction from European industries against 1990 levels. The EU will pay developing countries via carbon credits, so they cut emissions on Europe’s behalf to make up the rest, to reach 90%.As part of the agreement,...
Seafarers can refuse to sail through Mideast Gulf region, main union says
As part of negotiated arrangements reached on Thursday between mariners and commercial shipping companies, known as the International Bargaining Forum (IBF), seafarers can refuse to sail into the area, with repatriation at the company’s cost and compensation equal to...
Missile fire hinders Middle East rescue flights as airspace edges open
While major carrier Emirates said on Friday it was targeting “a return to 100% of its network” in the coming days, EU aviation regulator EASA extended a warning about high risks until March 11. Emirati airlines resumed some flights to global cities from the war-hit...
More tankers come under attack as US-Iran conflict spreads in the region
Around 200 ships, including oil and liquefied natural gas tankers as well as cargo ships, remained at anchor in open waters off the coast of major Gulf producers, according to Reuters estimates based on ship-tracking data from the MarineTraffic platform. More tankers...
Strait of Hormuz shipping is at near-total halt, JMIC says
A review of shipping signals have confirmed only two commercial transits in the past 24 hours, the Joint Maritime Information Center said in note on Friday. Those crossings were cargo ships rather than oil tankers, according to the multinational naval advisory group...
London marine insurers still offering Middle East cover as War Risk rates rise: Gallagher
“Given the challenging maritime security environment, rates have increased from levels that owners and charterers will be used to.The cost will vary depending on the vessel type, cargo and routing, however marine insurers are very much continuing to provide cover and...