As per Press TV, the IRGC Navy made the remarks in a post on X and...
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GST Rationalisation:Indian auto sales hits all-time high growth in FY26, set to cross 3 crore mark, says FADA
Passenger vehicles (PVs) crossed the 47-lakh mark for the first...
New India ends FY26 with a global premium of around Rs 47,000 crore
Girija Subramanian, CMD, New India Assurance Recovering from a slow...
Munich Re CFO Christoph Jurecka to become chairman from Jan 1,2026
Jurecka has been with the Group since 2011 and will succeed Joachim Wenning. In 2019, he had joined Munich Re’s Board of Management as Chief Financial Officer (CFO) Munich: Munich Re, the largest international reinsurer, on Wednesday has appointed Christoph Jurecka,...
ICICI Lombard and AWS enable seamless business continuity with automated Disaster Recovery solution
ICICI Lombard in collaboration with Amazon Web Services (AWS), has completed a major upgrade of its disaster recovery (DR) infrastructure from AWS Asia- Pacific (Mumbai) Region to AWS Asia Pacific (Hyderabad) Region, backed by a fully automated, cloud-native setup....
FM expands footprint in India with new innovative centre in Bengaluru and sales office in Mumbai
Complementing the Bengaluru expansion, FM will also open a new sales office in Mumbai later this year. The Mumbai office will help the company strengthen its presence in the country’s financial capital, bringing it closer to key clients and decision-makers Bengaluru:...
Govt clears appointments of 5 EDs in PSU general insurance cos
The government on Tuesday has cleared the appointments of five executive directors(EDs) in different PSU general re/insurance companies. Anjana Saxena and Amandeep Singh Grover have been posted as EDs in Oriental Insurance Company, Jayashri Balkrishna in GIC-Re,...
India’s financial inclusion index improves, surges to 67 from 64.2 in March 2024: RBI
It captures the level of financial inclusion using data from different sectors, including banking, insurance, investments, pensions and postal services. Mumbai: The Reserve Bank of India (RBI) on Tuesday said that the country's financial inclusion index (FI-Index)...
Natural disasters like floods emerge as top reason for buying home insurance in India: Survey
The survey highlighted that 41 per cent of the respondents in last 6 months consider natural calamities such as floods, earthquakes, and storms as the primary reason to purchase home insurance. These events have made people realise the importance of securing their...
TRAI convenes joint committee of regulators on issues of spam and cyber fraud
Key outcomes were urgent transition to 1600-Series for Commercial Calls, regulators, discussed setting up timelines for migration to the dedicated 1600-number series for transactional and service calls in the banking, financial services, and insurance (BFSI) sectors....
Deadly Flash Floods in Asia and U.S: Urgent need for early warnings
“Flash floods are not new, but their frequency and intensity are increasing in many regions due to rapid urbanization, land-use change, and a changing climate. Rising temperatures play a role because each additional degree Celsius of temperature increase allows the...
Evidence shows Jeju Air pilots shut off less-damaged engine before crash, source says
The source said the evidence, including the cockpit voice recorder, computer data and a physical engine switch found in the wreckage showed pilots shut off the left engine instead of the right engine when taking emergency steps after a bird strike just before it was...
What’s in the EU’s 18th sanctions package against Russia?
Central to the package is a lower price cap on Russian oil – a move designed to shrink Moscow’s energy revenues without disrupting global markets by severing Russian supply entirely. Here are the details of the European Union’s 18th package of sanctions against Russia...