“The resurgence of preventable and climate-sensitive illnesses...
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Banking frauds rise in H1FY25, amount involved jumps 8-time: RBI report
The RBI said frauds present multiple challenges for the financial...
Losses from crypto hacks jump to $2.2 bln in 2024, report says
Among the most notable hacks are the theft of more than $305...
Maha, MP, Odisha suffered most from extreme weather in 2021: IMD chief
Indian Ocean is the fastest warming ocean basins in the world, and this will have serious impacts on the South Asian region. Heavy rainfall and flood-related incidents last year had claimed over 750 lives across the country, with Maharashtra recording the highest...
AIG commits to Net Zero Greenhouse Gas emissions across its underwriting & investment portfolios by 2050
“Leading change in a changing world requires being a company of action – and, as a market leader, AIG is committed to setting the standard with our actions. We believe today’s ESG commitments are an important step forward for AIG, the clients we serve and the global...
AM Best downgrades Russian insurers Ingosstrakh and SOGAZ
These credit ratings have been placed under review with negative implications due to heightened geopolitical, economic and financial system risk in Russia, where both Ingosstrakh and SOGAZ is domiciled and underwrite the majority of their business, said AM Best...
Niti Aayog developing National Gender Index
Niti Aayog has also developed a draft State Energy and Climate Index to assess the performance of states on indicators such as discoms’ viability and competition; access, affordability and reliability of energy; clean energy initiatives; energy efficiency; generation...
Many places in central, western India may record `aove normal maximum temperatures: IMD
For the plains, a "heat wave" is declared when the maximum temperature is more than 40 degrees Celsius, and at least 4.5 notches above normal. Maximum temperatures are likely to remain above normal in Jammu and Kashmir, Ladakh, Himachal Pradesh, major parts of...
India slips 3 spots on 17 SDG adopted as 2030 agenda, says report
India's rank dropped primarily because of major challenges in 11 SDGs including zero hunger, good health and wellbeing, gender equality and sustainable cities and communities. With the latest rankings, India is now behind all south Asian nations except Pakistan, which...
Russian ransomware attacks on Ukraine muted by leaks, insurance woes
One reason for that could be a loophole in cybersecurity insurance policies. Experts and industry-watchers say the more sophisticated digital extortion gangs tend to focus on insured organisations because the victims already have a policy to make the payoff, making...
Auto sector posts robust sales amid fears of Ukraine crisis worsening chips shortage
Indian automakers which posted encouraging sales data for the month of February 2022 riding on a demand surge, are cautiously optimistic that as they enter into the new fiscal, the semi-conductor availability will improve and they will be able to cater to the customer...
Tata cancelled USD 3 billion deal in Bangladesh over bribery issue
Dhaka: Indian conglomerate Tata in 2005 cancelled USD 3 billion deal after Bangladesh Nationalist Party (BNP) leader Tarique Rahman placed a bribery deal to the Indian company. Prime Minister Sheikh Hasina's ICT Advisor Sajeeb Wazed Joy in a post from his verified...
Number of ultra HNIs in India up 11% in 2021 at 13,637: Report
"In India, the number of UHNWIs (net assets with USD 30 million or more) has grown by 11 per cent YoY (year-on-year) in 2021, the highest percentage growth in APAC," Knight Frank said in a statement. The number of UHNWIs in India grew to 13,637 in 2021 from 12,287 in...