Ivan Gonzalez, chief executive officer of Corporate Solutions at...
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UN chief calls for AI pact to prevent rise of killer robots
Antonio Guterres,secretary general of the United Nations “We are...
Europe faces more than $500bn climate adaptation cost
The summer of 2026 laid bare how exposed the fastest-warming...
Financial fragmentation could amplify shocks across global insurance markets: Geneva Association report
Jad Ariss, managing director of the Geneva Association, said, "The global economy is entering a new phase in which geopolitical considerations are playing a greater role in shaping financial markets. For an industry built on international risk sharing and long-term...
LIC leads $703mn NSE anchor book
LIC, NSE’s largest shareholder, emerged as the biggest anchor investor, acquiring 2.24 million shares valued at ₹400.3 crore. Societe Generale’s offshore derivative instrument desk picked up 1.77 million shares worth ₹316 crore, while Norway’s Government Pension Fund...
Florida Hurricane could trigger $300bn insured losses: Swiss Re
Balz Grollimund, Head Catastrophe Perils at Swiss Re, said: "The Atlantic hurricane season has been relatively quiet so far this year, but it only takes one major storm making landfall in a highly exposed area to turn a quiet season into a costly one. One hundred...
EPFO wage ceiling hike could benefit up to 1 crore new workers: Mandaviya
Union Labour and Employment Minister Mansukh Mandaviya According to the latest EPFO data cited by the government, the organisation has around 7.98 crore contributing members across about 7.68 lakh contributing establishments, while the EPS provides pension benefits to...
BIS says global market AI momentum showing signs of vulnerability
“What we are most concerned on in this (AI) area is the rapid increase in debt and leverage,” head of economic analysis of BIS, Frank Smets, said. “And the fact that many of these financing deals are quite opaque. They’re often off balance sheet. They have sort of...
AI Data centers are on track to fuel ‘Explosive’ growth in Captive Insurance
AM Best, an insurance-focused credit rating firm, says the roughly 150 US captives it rates generated more than $8 billion in savings over the past five years. The ability to turn insurance from “a pure cost center into a potential profit center” is the corporate...
August domestic passenger vehicle dispatches rise 36.5 pc YoY to 4,39,309 units: SIAM
Total two-wheeler sales increased 10.5 per cent to 20,34,698 units last month, as against 18,41,954 units in August last year, it added. New Delhi:Domestic passenger vehicle dispatches from companies to dealers rose 36.5 per cent year-on-year to 4,39,309 units in...
Meta to report child safety cases directly to India’s cyber crime portal amid govt crackdown
"To collectively strengthen our efforts to combat this harm, Meta will now report child safety matters directly to the cybercrime portal managed by I4C," the spokesperson said. New Delhi:Amid a government crackdown on child sexual abuse and other harmful content...
UPI transactions above Rs 2,000 to attract 0.4% MDR from October 15, capped at Rs 300
The government notified changes in its payments legislation on Monday, specifying that banks cannot impose charges on payments via Unified Payments Interface transactions of up to 2,000 rupees ($20.93). New India: The introduction of Merchant Discount Rate (MDR) on...
Satheesan reviews Keralam State Elderly Persons (Care and Protection) Bill, 2026
V D Satheesan.,Chief Minister,Keralam Chaired a high-level meeting to review the draft Keralam Policy for Elders and the Keralam State Elderly Persons (Care and Protection) Bill, 2026. Committed to ensuring statutory security, healthcare access, and a life of dignity...