Urging the ministry to audit helipads and passenger movement...
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Binance’s $6.3 Billion Hack: How Crypto insurance works
When a crypto exchange suffers a hack, losses can be covered...
Govt sets up high-level banking reform panel headed by former CVC Suresh N Patel
Suresh N Patel, former Central Vigilance Commissioner Besides Patel...
China’s natural disaster losses hit $30 billion in first nine months of 2026
Geological hazards, which include rain-triggered landslides and mudslides, caused the highest proportion of fatalities and made up 60% of all disaster types, while typhoons caused the largest amount of direct financial damage, the ministry said. HONG KONG: China...
IRDAI extends deadline for comments on Distribution Reforms to Oct 31
The proposed distribution reforms have sparked concerns across the industry over their potential impact on distribution costs, intermediary remuneration and the sustainability of existing business models. New Delhi: The Insurance Regulatory and Development Authority...
AI could unlock USD 2.52 trillion in annual global economic value, rising costs pose risk: McKinsey
The research identified financial services as the sector with the largest potential economic gains from AI, estimated at USD 530 billion annually, followed by education at USD 410 billion, technology, media and telecommunications at USD 360 billion, and healthcare at...
Courts cannot be unmindful when precious water bodies remain unprotected: SC
The court reiterated its directions to states and Wetland Authorities to undertake physical ground-truthing of water bodies, if not already done, and file a compliance affidavit detailing the mode and method adopted for the exercise. New Delhi: The Supreme Court has...
Meta sued in Australian class action over alleged social media harm to children
The lawsuit, filed in the Federal Court, Australia’s second-highest, by law firm MinterEllison this month could be the first in Australia to blame social media for harming its users, particularly children and teenagers. A class-action lawsuit has been filed in an...
Parliamentary panel on Finance selects 46 subjects; AI, virtual digital assets, pension and health insurance sectors on the list
BJP MP Bhartruhari Mahtab has been reappointed as Chairperson of the Committee, which comprises 21 members from Lok Sabha and 10 from Rajya Sabha. New Delhi: Parliament's Standing Committee on Finance has selected 46 subjects for detailed examination and reporting...
Centre beats March 2027 target, issues 11 crore unique farmer IDs under AgriStack
Shivraj Singh Chouhan.Ministry of Agriculture and Farmers’ Welfare The Farmer ID initiative is designed to provide farmers with a unique digital identity, enabling transparent, efficient and timely access to government schemes, bank credit, crop insurance and disaster...
Financial Stability and Development Council reviews cyber resilience of Indian financial sector
Nirmala Sitharaman, Union Finance Minister The FSDC discussed reducing cost of intermediation in the financial sector Union Finance Minister Nirmala Sitharaman also urged the regulators and stakeholders concerned to expedite the process of refund of unclaimed assets...
Govt sets up panel to suggest measures for curbing unethical activities in pharma sector
According to the statement by Ministry of Chemicals and Fertilisers, the panel will examine the existing regulatory set-up and suggest measures to strengthen oversight, monitoring, and enforcement mechanisms to check unethical pharmaceutical marketing practices. New...
MHA seeks public opinion on developing broadband network for security, disaster response personnel
The ministry has chosen 10 pilot locations for the project — the Andaman and Nicobar Islands, Amritsar, Bastar, Bengaluru, Guwahati, Ladakh, Lakshadweep, Mumbai, Rudraprayag and Visakhapatnam. New Delhi: The Union Ministry of Home Affairs on Friday said it has sought...