The insurance and reinsurance sector also experienced robust...
Category:
Eco/Invest/Demography
Latest
Global natural disasters cause overall losses of around $ 131bn,insured losses at $ 80bn in H1 2025, says Munich Re
Thomas Blunck, Member of the Board of Management After the record...
No Insurance Amendment Bill in Parliament’s Monsoon session
M Nagaraju, Secretary, Department of Financial Services ``The Bill...
Insured losses from natural catastrophes set to top $100 billion in 2023
More than two-thirds of the insured losses were as a result of severe thunderstorms in the US. The 12-figure threshold is likely to be passed even though just $5 billion of the $40 billion in damages caused by the year’s most devastating event — the earthquake that...
AI unlikely to destroy most jobs, but clerical workers at risk, ILO says
An explosion of interest in generative AI and its chatbot applications has sparked fears over job destruction, similar to those that emerged when the moving assembly line was introduced in the early 1900s and after mainframe computers in the 1950s. However, the study...
Over 947mn cyberattacks blocked in India out of 1.1bn worldwide in Q2: Report
Banking and insurance and healthcare were the particularly targeted sectors that were heavily affected as each website in this sector faced bot attacks. New Delhi: More than 947 million cyberattacks blocked in India, out of a global total of 1.1 billion in the second...
How satellites are helping farmers adapt to global warming
In ten climate hotspots from Guatemala to Afghanistan, acute hunger has more than doubled in six years, according to UK charity Oxfam. But cutting-edge satellite sensor technology could play a big role in slowing that down. Experts envision a future in which farmers...
12% of sitting MPs of RS billionaires, highest percentage from AP, Telangana: ADR
The total assets of seven Members of Parliament (MPs) analysed from Telangana is Rs 5,596 crore, that of 11 MPs from Andhra Pradesh is Rs 3,823 crore, and 30 MPs analysed from Uttar Pradesh have total assets worth Rs 1,941 crore New Delhi: About 12 per cent of sitting...
COVID-19 still a global health threat, new variant under scanner: WHO chief
Although COVID-19 is no longer a global health emergency, it remains a global health threat. WHO has recently classified a new variant with a large number of mutations. BA.2.86 variant is under monitoring at present, highlighting once again the need for all countries...
Moody’s affirms India’s sovereign rating flags risks of populist policies due to rising political tensions
All three global rating agencies, Fitch, S&P and Moody’s, have the lowest investment grade rating on India, with a stable outlook. The ratings are looked at by investors as a barometer of a country’s creditworthiness and affect borrowing costs New DelhI: Moody's...
2038 dead due to floods, landslides, lightning since April 1: MHA Data
Altogether 892 people drowned due to floods, 506 died due to lightning and 186 lost their lives due to landslides during from April 1 to August 17, according to the home ministry data New Delhi: As many as 2,038 people lost their lives due to floods, lightning and...
India faces record low August rains, threatening summer crops
August rainfall, expected to be the lowest since records began in 1901, could dent yields of summer-sown crops, from rice to soybeans, boosting prices and overall food inflation, which jumped in July to the highest since January 2020.The monsoon, vital for the...
Global Fintech Festival 2023 aims to aid startups bag USD 10 mn in funding
Union Finance Minister Nirmala Sitharaman, Commerce and Industry Minister Piyush Goyal, RBI Governor Shaktikanta Das, Sebi chairperson Madhabi Puri Buch, Irdai chairman Debasish Panda and SBI chairman Dinesh Khara will be among the speakers at the event Mumbai: Global...