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Iran yet to decide on whether to attend talks as ceasefire deadline ticks down
President Donald Trump said he hoped to reach a "great deal" to end...
Middle East Conflict: Consequences for Asian construction industry
Geopolitical risk is becoming structural rather than episodic....
Modernising Indian Insurers: Technology route to transformation
Organisations that are moving towards modular systems and AI-enabled decision tools are seeing faster product development, better pricing accuracy and stronger fraud detection, says a Deloitte India’s report India’s insurance sector is entering a new phase of...
Non-scheduled, general aviation players’ 176 planes do not have cockpit, flight data recorders: Govt
Minister of State for Civil Aviation Murlidhar Mohol said that a total 2,263 aircraft were registered and issued certificates of airworthiness (C of A) before January 1, 2016. New Delhi: As many as 176 planes operated by non-scheduled and general aviation operators do...
Saudi Aramco offers Red Sea route option for oil buyers as Hormuz faces lengthy disruptions
The other option is to receive oil from the Persian Gulf, but at the risk of not getting any if the strait remains closed, said the traders. Saudi Arabia is giving long-term oil customers the option of receiving their allocations for April via the Red Sea port of...
Seth to take stock of Bima Sugam with insurers on Tuesday, to discuss launch of standard Health & Motor covers on e-platform
Ajay Seth,chairman, IRDAI ``We are having a virtual conference with insurers and officials of Bima Sugam Federation,wherein details of a standard motor and standard medical policy sold over the platform would be discussed,’’ said the IRDAI sources IRDAI chairman Ajay...
Wartime Marine Risks: Navigating insurance & supply chain disruptions
One of the most common misconceptions during times of crisis is that all stakeholders in the supply chain are automatically aware of evolving risks and that insurance protection continues seamlessly. However, marine insurance operates under specific contractual...
Passenger vehicle dispatches stood at 3,77,689 units in February 2025
SIAM Director General Rajesh Menon said, "Positive sentiments in the industry continue as passenger vehicles, two-wheelers, and three-wheelers posted their highest ever Sales of February in 2026, with double-digit growth compared to February 2025." New Delhi:Domestic...
Comm min to help exporters at insurance front to deal with West Asia crisis: Official
Exporters are facing issues due to a joint attack launched by the US and Israel on Iran. It has led to a spike in ocean freight, air transport, and insurance premiums because of disruptions in the movement of oil and gas consignments. New Delhi: The commerce ministry...
Iranian Envoy confirms Tehran to give safe passage to vessels bound for India via Hormuz
Mohammad Fathali,Iran's Ambassador to India Answering a question on whether Iran would allow Indian-bound ships safe transit through the Strait, which is one of the critical routes for global energy trade, Fathali said,"Yes. Because India and I are friends. You can...
Top Africa insurer Sanlam flags ‘Massive’ risks from Iran war
The escalating tensions will hurt earnings of the firm with operations in 27 nations “very directly” as investor flight hits global equity markets and as rising fuel prices trigger inflationary pressure, which will result in higher borrowing costs.You impact consumers...
Iran laying mines in the Strait of Hormuz:UK Defense Secretary John Healey
John Healey,UK Defense Secretary The narrowness of the Strait of Hormuz — it is less than 25 miles (40 kilometers) wide at the thinnest point — makes the danger of sea mines more acute, as ships have less room to maneuver and greater odds of striking one of the...