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World faces largest-ever oil supply disruption on Middle East war, IEA says
The supply could rise in April as some Middle East Gulf producers...
Chubb to be lead partner on US’s $20 billion Maritime Reinsurance Plan
“Together, DFC and Chubb have identified several American insurance...
New Nuclear Bill spares suppliers from accident liability
The new bill, named the Sustainable Harnessing of Advancement of Nuclear Energy for Transforming India(SHANTI) Bill, 2025, drops a rule that let operators sue suppliers for equipment defects, a provision foreign suppliers have long opposed. Foreign suppliers include...
Surge in gold, silver prices due to geopolitical tensions, says FinMin
Minister of State for Finance Pankaj Chaudhary Gold and silver serve a dual role not only as a consumption item but also as an investment avenue, as they are considered safe assets for hedging against uncertainties.Thus, an increase in the price of gold or silver...
SC mulls pan-India guidelines to prevent road accidents on expressways, NHs
A bench of Justices J K Maheswari and Vijay Bishnoi flagged the construction of illegal "dhabas" on both sides of national highways and expressways as a possible cause of road accidents and asked Solicitor General Tushar Mehta, who appeared in the matter for the...
Govt sets up a merger cell for due diligence of merger among 3 PSU general insurers
Any possibility of three companies- NIC, OIC and UII - getting merged with New India Assurance(NIA), the country's largest general insurance company, is ruled out as latter has opposed it tooth and nail New Delhi: Beginning its home work on the issue of merger of...
Parl Panel for diversification of crude sources to cut geopolitical risks
n its report tabled in Parliament last week, the Public Undertaking Committee noted that India imports nearly 89 per cent of its crude oil requirements, making the country vulnerable to global disruptions arising from conflicts, sanctions, civil unrest in...
Apollo Global Management sees potential risks in US insurers moving to Cayman Islands
Executives, regulators and experts have voiced concerns in recent months about the emerging risks among US life insurers as private equity expands its influence on the sector. In an October study, economists from the Bank for International Settlements attributed part...
Reddit sues Australia over social media ban, citing free speech threat
The San Francisco-based firm, which ranks Australia among its biggest markets, said in a High Court filing that the ban should be declared invalid because it interfered with free political communication implied by the country’s constitution. Message board website...
Income Tax Department cautions taxpayers against rise in fake emails, SMS scams
Fraudsters, the Department warned, are increasingly using fake sender IDs, misleading links and look-alike websites to trick individuals into revealing sensitive details such as PAN numbers, passwords and one-time passwords (OTPs).The Department has reiterated that...
CBDCs more superior to Stablecoins as they satisfy all attributes of money: RBI DG T Rabi Sankar
"Stablecoins can undermine trust in the currency and finance system. India already benefits from a payments landscape that is highly efficient, reliable, and robust. Systems such as UPI, RTGS, and NEFT provide fast, low-cost, and secure payment capabilities to...
Cabinet nod for Bill seeking to open up civil nuclear sector for private participation
To facilitate the implementation of the Nuclear Energy Mission, amendments to the Atomic Energy Act and Civil Liability for Nuclear Damage Act will be taken up by the parliament for shielding plant operators and cap equipment suppliers' liability, along with...