Indian general insurers, which will be generating a premium of over...
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ING first globally important bank to meet climate watchdog
“As the first global systemically important bank with a validated...
India denies entry to Russian oil loaded ship over documentation, sources say
The vessel has protection and indemnity (P&I) insurance cover...
RIL top-ranked Indian firm on Forbes Global 2000 list
Forbes Global 2000 ranks the largest companies in the world using four metrics: sales, profits, assets and market value, Forbes said releasing the 2022 ranking of the world's top 2,000 companies Reliance is the top-ranked Indian firm on the list, followed by State...
Consumer inflation at 8-year high of 7.79%, to ‘trigger’ quicker rate hikes by RBI
Given the tone of urgency in RBI's statement to support the altered inflation-growth dynamics, "we now revise our call and expect the RBI to hike repo rate by an additional 60 bps in the rest of FY23". New Delhi: Sounding a red alert on India's CPI inflation at an...
EU toughens cybersecurity rules for key sectors
The new rules cover all medium and large companies in essential sectors – energy, transport, banking, financial market infrastructure, health, vaccines and medical devices, drinking water, wastewater, digital infrastructure, public administration and space All medium...
Crypto collapse intensifies,Over $200 billion wiped off in a day
Cryptocurrencies have been swept up in a sell-off in risk assets, which has picked up steam this week as data showed U.S. inflation running hot, deepening investor fears about the economic impact of aggressive central bank tightening. The sell-off has taken the...
Assisted driving systems struggle with collision tests: US consumer body
A fast-growing number of new vehicles are equipped with Automated Driver Assistance Systems, or ADAS, that partially automate functions such as steering, staying in a lane and braking. Tesla’s Autopilot is one of the best-known such systems, but most major automakers...
Study of diverse populations sheds light on Type 2 Diabetes
According to the study, the global prevalence of Type 2 Diabetes, a familial disease with severe morbidity has increased four-fold over the last three decades. South Asia, especially India and China are major hubs of this spurt. It is thought that Indians are...
South-west monsoon knocks at Andaman & Nicobar islands, early onset over Kerala likely
''Normally, monsoon advances over Nicobar Islands on May 15 and covers Mayabunder, the extreme north point in the Andaman islands by May 22,'' said India Meteorological Department Director General Mrutyunjay Mohapatra Most parts of north India experienced scorching...
World ‘at a crossroads’ as droughts increase nearly a third in a generation
From 1970 to 2019, weather, climate and water hazards, accounted for 50 per cent of disasters and 45 per cent of disaster-related deaths, mostly in developing countries. By 2030, an estimated 700 million people will be at risk of being displaced by drought.By 2040, an...
AXA launches mental health covers for Indian gr clients, partners with Manas for Mental Health Helpline
Ankur Nijhawan, CEO, AXA France Vie India Reinsurance Branch Ankur Nijhawan, CEO, AXA France Vie India Reinsurance Branch said, “Mental health is still ignored as a disease in India and we don’t provide primary care to the individuals who are dealing with it. At AXA...
Investors lose nearly Rs 19 trn in five trading sessions
"Markets continued to remain under pressure in sync with global markets slump, as worries of more interest rate hikes coupled with sluggish economic growth going ahead weighed on sentiment. The ongoing conflict and lockdowns in China due to virus spread is promoting...