At least half a dozen Indian drugmakers, including Dr Reddy's,...
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West Asia Crisis:Govt now says yes to IFSCA’s plan to set up a P&I Club and Captives
The Department of Financial Services(DFS) last week has written to...
Post Brexit,UK seeks closer EU ties on financial services for growth
Six years after Britain left the European Union, Keir Starmer’s...
India’s tech state Karnataka bans social media for children under 16
Less than one-quarter of Karnataka's population is under the age of 15, a report of a 2019-20 survey conducted by India's federal health ministry showed. The state has a population of 67.6 million, a 2025 presentation by federal government think tank Niti Aayog...
EU countries give final approval to 2040 climate target for 90% emissions cut
In practice, the target will require an 85% emissions reduction from European industries against 1990 levels. The EU will pay developing countries via carbon credits, so they cut emissions on Europe’s behalf to make up the rest, to reach 90%.As part of the agreement,...
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: 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,...
Bermudian reinsurer Partner Re ventures into India’s GIFT City
``PartnerRe’s GIFT City branch will provide support to Indian clients, enhancing responsiveness, regulatory alignment, and ease of doing business, offering locally the depth of PartnerRe’s global underwriting expertise and capital strength.With our experienced local...
Close coordination among stakeholders necessary to prevent digital frauds says:RBI
A two-day workshop for executive directors and heads of fraud risk management of 60 major banks, conducted by the RBI, concluded on Wednesday Mumbai:The Reserve Bank on Thursday said that close coordination among all the stakeholders is necessary to prevent or...
DGCA revises air ticket refund norms; no additional charges for changes within 48 hours of booking
“This facility shall not be available for a flight whose departure is less than 7 days for domestic flight and 15 days for international flight from booking date when ticket is booked directly through airline website,” the regulator said. New Delhi:The ticket refund...
Sebi asks regulated entities, agents to disclose registation no. on social media platforms while posting contents
"With the rapid increase in the use and acceptance of social media, a need is felt to distinguish contents related to securities market uploaded/posted by the persons regulated by the Board (hereafter referred to as 'regulated entities') and their agents on SMPs, from...
Cut costs, fix mis-selling to make insurance products affordable: IRDAI member to insurers
"The high cost of acquisition and high expenses of management (EoM) need immediate focus from all players. That is critical to improve profitability and deliver affordability and value to customers," Insurance Regulatory and Development Authority of India (IRDAI)...