Debasish Prusty, Additional Secretary, DFS, Ministry of Finance...
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Two vessels with 22 Indians on board hijacked by pirates in Yemen, Somalia
"As reported by Recruitment and Placement Service Licence (RPSL)...
Retirement Planning:Achieving financial freedom
Retirement planning is about far more than simply building a corpus...
Liberty Mutual increases stake in Liberty General Insurance to 74% in India
Matthew Jackson, president, Liberty International Insurance APAC, said, “India remains an important market for Liberty Mutual as we build our business across Asia Pacific, supported by strong fundamentals and significant opportunity for growth. Increasing our...
Climate Adaptation & Resilience in Asia: Pricing Risk,Financing Solutions
By 2030, Asia will account for around 75% of the global climate adaptation and resilience(CA&R) financing gap, and Asian companies are projected to bear around US$336 billion in annual climate costs. The Centre for Impact Investing and Practices (CIIP), in...
West Asia Conflict:Reshaping India’s insurance, risk and financial ecosystem
There is a visible increase in demand for war risk, political risk and transit insurance. Indian businesses are deeply integrated into global supply chains today. A disruption in one region can delay shipments, increase costs or even close operations entirely. As a...
US delegation explores India’s expanding nuclear sector
The SHANTI Act replaced the Atomic Energy Act of 1964 and the Civil Liability for Nuclear Damage (CNLD) Act of 2010. The CNLD Act had tougher liability provisions on nuclear suppliers which global companies found to be an impediment to exploring the Indian market. New...
Space intel giant ICEYE chooses India for first Asia-Pacific satellite manufacturing hub
Rafal Modrzewski, CEO and co-founder of ICEYE The company's satellite constellations currently serve sectors ranging from defence and intelligence to insurance and emergency management. Demand for ICEYE's technology has surged amid rising global geopolitical tensions,...
UK’s Prudential buys 75% in Bharti Life Insurance for Rs 3,500 crore, to reduce stake in ICICI Pru Life to below 10% from 22%
Anil Wadhwani, CEO, Prudential There is potential additional consideration payable of up to ₹700 crore ($78 million) by Prudential in Bharti Life deal, dependent on the fulfilment of certain conditions. Anil Wadhwani, CEO, Prudential, said, “India is a strategically...
Financial advisor gets 2-year RI, fined Rs 30 lakh in breach of trust case
The court, in the judgment passed on Saturday, ordered that the entire fine amount of ₹30 lakh, once recovered, be paid as compensation to the woman, a resident of Thane in Maharashtra. Thane: A Thane court has sentenced a financial advisor to two years rigorous...
FPIs pull out Rs 27,000 cr in May; 2026 outflows hit Rs 2.2 lakh cr-mark
With this, total outflows by Foreign Portfolio Investors (FPIs) from the equity market have reached Rs 2.2 trillion in 2026, higher than the Rs 1.66 trillion pulled out during the entire 2025, according to data with the NSDL. New Delhi:Foreign investors continued to...
W.H.O. declares Ebola outbreak in Congo, Uganda a global health emergency
The WHO said the outbreak, caused by the Bundibugyo virus, does not meet the criteria of a pandemic emergency but that countries sharing land borders with the DRC are at high risk for further spread.The outbreak is "extraordinary" as there are no approved Bundibugyo...
AP govt plans financial rewards for larger families:Chief Minister
N Chandrababu Naidu,Chief Minister,Andhra Pradesh "I have made a new decision. We will provide Rs 30,000 immediately after the birth of a third child and Rs 40,000 for a fourth child. Isn't this the right decision?" Naidu said on the sidelines of the...