The war has massively disrupted shipping, sending crude oil prices...
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US insurance program meant for Strait of Hormuz to begin soon:Scott Bessent
Scott Bessent,US Treasury Secretary Although the program was first...
Financial literacy a “core life skill” to secure savings, says Shamika Ravi
Shamika Ravi, Member of the Economic Advisory Council to the Prime...
Cyber attack on govt networks surged nearly 7 times post-Operation Sindoor: NICSI MD
"Post-Operation Sindoor, attackers have intensified their efforts and attempted hits on government networks have surged nearly seven times, exposing new vulnerabilities in ministries, data centres, and citizen services. This underscores the need for advanced defences...
Families of private doctors lost on Covid duty cannot be excluded from Rs 50 lakh insurance: SC
The Bombay High Court had previously dismissed her plea for benefits under the Pradhan Mantri Garib Kalyan Yojana Package (PMGKY), holding that Dr Surgade’s work was not officially “requisitioned” as Covid duty New Delhi: The Supreme Court on Thursday ruled that...
Failure to hedge FX risk could affect ratings for some Indian corporates
The picture is more diverse in the building materials and construction sectors. Commodity and natural resource firms, for example, have products whose prices are broadly linked to global commodity prices in US dollars.Rated companies in the technology (mostly IT...
Employee medical plan costs in India expected to rise by 11.5 per cent in 2026
The report showS cardiovascular diseases, gastrointestinal conditions, and cancer will continue to be the top drivers of medical costs, with hypertension, high cholesterol, and poor nutrition as leading risk factors. “India’s healthcare landscape is evolving, with...
Climate change supercharge devastating South Asian floods
A trio of tropical cyclones battered the region from Sri Lanka to Indonesia in November, causing at least $20 billion of losses. The storms resulted in torrential rainfall and destructive floodwaters that swept through homes, businesses and tourist spots, damaged...
PFRDA widens investment options for funds
The PFRDA will now allow private pension funds to invest in the top 250 stocks by market capitalisation listed on India's bourses. Earlier, these funds were allowed to invest in a list of 200 stocks approved by the trust of the National Pension Scheme New...
Number of train accidents in India is down from 135 in 2014-15 to 31 in 2024-25: Railway Minister
Vaishnaw highlighted various safety measures taken by the Indian Railways to enhance safety in train operations. He said that the budgetary outlay for safety-related activities had been enhanced nearly 3-fold from Rs 39,463 crore in 2014-15 to over Rs 1.16 lakh crore...
Swiss Re and RIQ partner to advance risk transfer powered by data and AI
Swiss Re's Group Chief Executive Officer Andreas Berger said,"This collaboration builds on Swiss Re’s deep risk expertise, strong data foundation and early adoption of AI. Together with RIQ, we aim to realise an AI-native reinsurance platform and further strengthen...
Allianz and Oaktree join hands to launch reinsurance syndicate at Lloyd’s
Thorsten Fromhold, Chief Group Reinsurance Officer, Allianz SE Reinsurance, said: " The launch of this Lloyd's syndicate highlights the strength of the portfolio we are ceding and our consistent approach to reinsurance, which is an important contributor to Allianz’s...
EU strikes deal to further weaken corporate sustainability laws after US pressure intensifies
The agreement reached, which also scales back the scope of the Corporate Sustainability Due Diligence Directive, represents an effort to “boost competitiveness and cut red tape,” the EU Parliament’s legal affairs committee said in a statement. The European Union...