N Ramaswamy, CMD, GIC Re ``Currently, due to the huge catastrophic...
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Crypto crime spills over from behind the screen to real-life violence
While crypto thefts are not new, the use of physical violence is a...
Trump tariffs stoke supply chain worries for US businesses, survey shows
“Our survey showed supply chain disruptions were a concern to...
Plastic use in G20 countries to nearly double by 2050:Study
Existing programs to boost recycling or cut single-use plastic consumption only “scratched the surface” and a more comprehensive global plan is required, according to Back to Blue, a research group run by the Economist Impact think-tank and the Nippon Foundation, a...
Insurers face $500 million in claims for up to 60 commercial ships stuck in Ukraine
With insurers already grappling with exposure to commercial aircraft caught up in Russia, the prospect of payouts will likely translate into higher costs for shipments from the region A senior industry source said exposure for the ships currently stuck was estimated...
First time in many years, fixed deposit rates turn positive at 8%
The rates are better even from other angles, too, as one-year post office deposit fetches a low 6.6 per cent and 6.8 per cent for two years, while the 10-year government securities yield just 7.35 per cent Mumbai: As banks' chase for customers to collect cheap...
Disclosures in advertisements must be hard to miss by consumers: Govt
Rohit Kumar Singh, Secretary to the Department of Consumer Affairs emphasized the duty of manufacturers, service providers, advertisers, and advertising agencies to ensure that their advertisements do not mislead consumers. Disclosures made in advertisements must be...
Investors’ wealth plunges Rs 10.42 lakh crore in 7 trading sessions
Shrikant Chouhan, Head of Equity Research (Retail) at Kotak Securities Ltd, said weak Asian markets cues and worsening global macro economic indicators like higher inflation level, rising interest rates and volatile commodity prices are forcing investors to slash...
Over 1 billion in 43 nations at risk amid cholera outbreaks, WHO says
Right now, 22 countries across the world are fighting outbreaks of the acute diarrhoeal infection caused by eating or drinking contaminated food or water. Cholera cases climbed in 2022, following years of falling numbers of cases, and the trend is expected to continue...
National Pension System: Investing for Retirement
An impending challenge employees or workers may face in India, is the risk of inadequate pension arrangements after retirement from work. As a fallout, individuals may either be required to put severe curbs on their post-retiral expenses or continue working beyond the...
Buffett’s Berkshire records annual operating profit despite inflation, rate pressures
Warren Buffett, chairman,Berkshire Hathaway Berkshire did spend $11.5 billion in the fourth quarter to buy the insurance company Alleghany. Warren Buffett’s Berkshire Hathaway on Saturday reported its highest-ever annual operating profit, even as foreign currency...
Due to commercialisation and overburdened healthcare system, mistrust and suspicion on medical services becoming narratives: CJI
DY Chandrachud,Chief Justice of India The Chief Justice said, “We as a society need to counteract structural and policy constraint which prevent access to good healthcare in order to achieve healthcare justice”, while lamenting that growing socio-economic inequalities...
FPIs sell-off spree continues; withdraw Rs 2,300-cr from equities in Feb
This was also the worst outflow in the last seven months, data with the depositories showed Prior to that, they made a net investment of Rs 11,119 crore in December and Rs 36,238 crore in November Foreign investors have turned cautious and pulled out Rs 2,313 crore...