Amit Jhingran, Managing Director and Chief Executive Officer, said...
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Jio Finance and Allianz form 50:50 JV for non-life biz in India
Mukesh D. Ambani, chairman and MD, Reliance Industries and promoter...
Abu Dhabi National Insurance launches reinsurance branch in India’s GIFT City
Charalampos Mylonas, chief executive officer, ADNIC, said,...
SC fastens liability of paying penalty on employer for delay in depositing compensation
"The perusal of the statement of objects of the said legislation makes it crystal clear that the said legislation is a social welfare statute brought in by Parliament to redress the grievances of the employees in case of accidents that may occur in or during the...
War risk insurance premiums for ships likely to rise amid West Asia crisis: Re/insurance brokers
Vessels of the Shipping Corporation of India (SCI) are also involved in the movement of crude oil and LNG, especially through areas around the Red Sea, and would have to pay an additional premium for war cover to ensure risk cover. In aviation, hull war risk (HWR)...
Ausatralian QBE to take full control of its Indian JV, buys out 51% stake from Prism Johnson for Rs 324 Cr
This is the first deal by any foreign insurer to have a 100 per cent venture in India after the new act,The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025,was enacted by the Indian parliament in December, 2025, allowing 100 per cent foreign direct...
Middle East Crisis: Govt engages with all stakeholders to ensure trade continuity amid geopolitical unrest
The Centre reiterated its readiness to facilitate trade operations, including procedural flexibility in export-related authorisations in cases of genuine disruption; coordination with Customs authorities to ensure smooth clearance; engagement with financial and...
Rising tensions in Middle East may impact trade, push up freight, insurance costs
``The disruption in the Strait of Hormuz threatens a major share of India's crude oil and LNG imports, raising freight costs, insurance premiums, and fuel prices, while a surge in global oil prices could widen the current account deficit and fuel inflation''GTRI...
India braces for hotter-than-normal summer, more heatwave days expected
In March, the first month of the summer season, minimum temperatures are likely to remain above average across most areas, said Mrutyunjay Mohapatra, director-general of the India Meteorological Department (IMD). MUMBAI: India is set to experience a hotter-than-normal...
Govt to meet shipping firms and exporters on Monday to assess impact of Iran tensions on trade
Iran's state media said on February 28 that the Islamic Republic has shut the Strait of Hormuz - one of the world's most critical energy chokepoints through which about a fifth of global oil and gas supplies transit - in response to US and Israeli missile strikes. "We...
Healthcare should be affordable to all; Ayushman Bharat scheme fulfills vision: PM Modi
Prime Minister Narendra Modi PM Modi highlighted the potential of Puducherry to emerge as a major medical tourism hub, pointing out that the region already has nine medical colleges Puducherry:Prime Minister Narendra Modi on Sunday said healthcare should be...
Middle East Crisis: 444 flights expected to be cancelled on March 1, Flight disruptions hit passengers across India
“Passenger assistance, airline coordination, and terminal crowd management are being closely monitored, with senior officials deployed on the ground,” said the aviation regulator. New Delhi/Mumbai:After a massive disruption due to airspace closures across Iran and...
Baramati plane crash: Visibility was below required level when accident happened, says AAIB initial report
In its safety recommendations, AAIB said operators of uncontrolled airfields should allow flying activities only when the prevailing MET (Meteorological) conditions are within the criteria laid down in the relevant regulations New Delhi:Aircraft accident probe agency,...