The report, said, "Crossings through the Strait of Hormuz reached...
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ADB expands credit insurance programme with 4 global insurers, to unlock $2.5 billion lending across Asia-Pacific
Four insurers are—Sompo Japan Insurance, Mitsui Sumitomo Insurance,...
SC extends mandatory TP vehicle insurance period by one yr, asks IRDA to implement it immediately
The Supreme Court directed third-party insurance period for new...
UK’s Cooper warns AI is emerging as decade’s greatest security risk
Yvette Cooper, foreign secretary , UK A recent report for the United Nations warned of potentially “catastrophic outcomes” from AI being used to facilitate cybercrime, fraud and disinformation. It said the development of the technology was outpacing governments’...
AI to transform insurance, strengthen India’s risk management ecosystem: DFS Addl Secy
Dr. Debasish Prusty, Additional Secretary, Department of Financial Services is addressing the India Insurance Summit 2026 in Mumbai on Friday. Girija Subramanian, Chairman and Managing Director, New India Assurance is seen on the dias. The India Insurance Summit 2026,...
Allianz warns of rising uninsurable assets
Extreme weather events — such as the heat wave gripping Europe — are making a growing number of assets too risky to insure, according to a director at Europe’s largest primary insurer. “Certain locations and perils cannot be covered as we would wish them to be...
RBI flags AI-Powered cyberattacks as biggest threat to banks, NBFCs
"AI-enabled cyber attacks emerged as the most important near-term challenge," it said in the comments that come amid heightened commentary around the capabilities of systems like Mythos. Mumbai:Artificial intelligence-enabled cyberattacks were classified as the "most...
Hormuz half-open: tanker fleet prices in recovery hope
Daily rates for a VLCC from the Middle East to China are currently quoted around $287,000, which is down from more than $500,000 shortly before the peace accord was announced.In contrast, rates for chartering smaller tankers have edged higher as the heavy...
Enhanced insurance cover for exports to West Asia extended till Sept 30
"The eligibility timelines under Component II of the EPM RELIEF intervention are extended up to 30th September 2026 to support Indian exporters and mitigate logistics challenges arising out of the continuing West Asia Crisis," the Directorate General of Foreign Trade...
Delhi govt clears EV policy; cars under Rs 30 lakh to be exempt from road tax, registration fees
Addressing a press conference, Chief Minister Rekha Gupta said that around Rs 15,000 crore will be invested under the new policy over the next four years to promote electric mobility and reduce vehicular pollution in the national capital. New Delhi: All electric cars...
Venezuela faces $6.7 billion in economic losses from earthquakes:UNDP
Direct physical damage is estimated at $6.7 billion (range of $4.7 billion to $8.7 billion), driven by losses to housing and economic assets, according to the preliminary assessment. This does not include infrastructure damage, wider economic disruption and...
Iran and US step up attacks and threaten to escalate
Iran's foreign minister, Abbas Araqchi, said responsibility for returning maritime traffic in the strait to pre-war levels lay solely with Tehran and urged others not to intervene "in Iran's administration of the strait". DUBAI/WASHINGTON: Iran launched missiles and...
Family with disabled minors wins Rs 1.09 cr compensation for 2018 Bihar road crash
Over ₹56 lakh was awarded to the two children, including a toddler whose right leg was amputated below the knee, and a five-year-old girl who suffered severe facial disfigurement and head trauma. This money has been ordered into a fixed deposit in a nationalized bank...