"FY'26 has been a watershed year for India's electric mobility...
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SC warns insurers on not taking legal action on fraud claim cases
The SC Bench comprising Justices Ahsanuddin Amanullah and R....
Strait of Hormuz:Trump risks confidence in U.S. role as guardian of global shipping
“The free flow of commerce through the strait is a larger principle...
World may have already missed its chance to limit global warming to 1.5C:Study
In 2024, global temperatures reached 1.5C for the entire year, the first time it’s happened in recorded history. It was a stark departure from previous projections: The Intergovernmental Panel on Climate Change report published just a year earlier suggested that...
Govt is building a sanctions-proof supply chain for Russian oil, says Petroleum Secy
“Imports need ships which are not sanctioned, insurance which takes time to reconfigure, and imports will need payments to go through. So each one of these has problems that need to be solved. People are working on solving these problems,” Oil Secretary Pankaj Jain...
India sixth-most severely-affected country by extreme weather from 1993 to 2022: Report
India experienced more than 400 extreme weather events in the three decades, causing losses of nearly "USD 180 billion and at least 80,000 fatalities", the report said. New Delhi: India ranked as the sixth-most severely-affected country by extreme weather events in...
Over 34 crore patients provided consultation through eSanjeevani platform
Union Health Minister J P Nadda The eSanjeevani platform has been instrumental in reducing the burden on physical healthcare facilities, Nadda said responding to a question New Delhi: Since its launch in 2019, more than 34 crore patients have been provided...
Oil executives call for cautious return to Red Sea navigation
“Everyone is watching each other to see who goes first,” Barbara Harrison, vice president of crude supply and trading at U.S. major Chevron, said at an oil conference in Houston. Oil executives called on for a return to navigation through the Red Sea en route to the...
China allows insurers to invest in gold for first time
The shift in policy in China could be a signal that authorities recognize the dearth of investment options in Asia’s largest economy, and the need for alternatives amid a property downturn and an economic slump. It would translate into a potential 200 billion yuan...
MS Amlin launches new credit and political risk offering in MENA, eyes India and Africa opportunities
“We see exciting opportunities in India, and on the African continent, which are both experiencing a significant influx of foreign investment. We believe this will create growing demand across a number of speciality lines, most notably credit and political risk.”...
IRDAI chief to meet insurance industry CEOs for Bima Sugam and Bima Manthan on Feb 12-14
Debasish Panda,chairman,IRDAI The IRDAI, on Feb 12, is expected to do a plain speaking to the insurers who have not taken their Bima Sugam job seriously. IRDAI chairman Debasish Panda will address CEOs of non-life insurance companies on 13th Feb and life companies...
New India‘s 16% topline surge boosts industry’s prm growth 7% to Rs 29,000 cr in Jan
`After January, we are now making efforts to maintain a healthy topline growth till the end of the year. We are giving a very strong thrust towards risk selection, bringing in greater accountability and monitoring mechanisms have been strengthened....
RBI allows insurers to deal with interest rate derivative products
``Such forward contracts will enable long-term investors such as insurance funds to manage their interest rate risk across interest rate cycles. They will also enable efficient pricing of derivatives that use bonds as underlying instruments,'' said Sanjay Malhotra,...