The FSSAI announced on Sunday it had prohibited sales of Diageo's...
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Retail participation in financial markets likely to deepen as household savings shift towards market-linked assets: SEBI
The number of unique mutual fund investors rose 13.2 per cent...
Households in India, other Asia-Pacific regions highly vulnerable to El Nino-driven price shocks: S&P
S&P said South and Southeast Asia are among the more vulnerable...
Hedge Fund money is reshaping a 180-year-old reinsurance model
Reinsurers covered just over 10% of total insured catastrophe losses in 2024, well below the historical average of 20%, according to S&P Global Ratings. The industry’s biggest firms have more than halved their exposure to insured disaster losses in recent years,...
Trump’s threat to blockade the Strait of Hormuz risks widening war to High Seas
The developments threatened to prolong and widen a war that has led to thousands of deaths and roiled global energy markets, with higher oil and gas prices threatening to stoke inflation while slowing economic growth. Around the world, there’s now a desperate effort...
Rise of AI demands new approach to cyber underwriting:CyberCube
William Altman, Director of Cyber Threat Intelligence Services and report author, said, “AI is compressing the cyberattack lifecycle, reducing the time threat actors spend between initial compromise and operational disruption, and in some cases enabling impact to...
Trump says US to start blockading the Strait of Hormuz immediately
President Donald Trump Trump made his remarks in a Truth Social post hours after U.S-.Iran peace talks ended without a deal. Trump said the meeting "went well, most points were agreed," but added the two sides had not agreed on Iran's nuclear program....
US-Iran peace talks end without a deal as delegations leave Pakistan
"The bad news is that we have not reached an agreement, and I think that's bad news for Iran much more than it's bad news for the United States of America," said Vice President JD Vance, the head of the U.S. delegation. ISLAMABAD: The U.S. and Iran failed to reach an...
State can’t differentiate between serving employees and pensioners on DA: SC
In a significant judgment upholding the right to equality for retirees, a bench comprising Justice Manoj Misra and Justice Prasanna B Varale dismissed appeals filed by the State of Kerala and the Kerala State Road Transport Corporation (KSRTC) and affirmed that...
Shipowners rushing for insurance cover to transit Strait of Hormuz
The Strait of Hormuz remained largely blocked as shipowners try to understand if they can safely transit the vital waterway following a fragile ceasefire between the US and Iran that was announced overnight Shipowners are placing “huge volume requests” for insurance...
Govt,GIC Re and New India stitch up $100 million`Bharat Marine Pool’ with a sovereign guarantee, to re/insure war risks for vessels
The BNP will provide three kind of covers- Hull, Cargo and Protection & Indeminity(P&I) and has different sum assured for each of the segments which can be utilised on a floater basis for certain premiums. New Delhi:Looking beyond the ongoing West Asia crisis,...
Financial Intelligence Unit-India, Indian Cyber Crime Coordination Centre sign MoU to combat cyber fraud and financial crimes
The collaboration comes at a juncture where India's digital payment ecosystem has undergone a tremendous transformation requiring guardrails that safeguard citizens from cybercrime and fraud New Delhi: In a step towards strengthening India's fight against cyber fraud...
Indian general insurance industry grows almost 10% to Rs 3.36 trillion in FY 26, Health Insurers record faster growth
One of the noteworthy features of the industry, in FY26, is the growth story of seven Standalone Health Insurers(SAHI), which have, led by Start Health Insurance,grown their total premium by 19.40 per cent to Rs 45,865 crore and have expanded their market shares...