According to the report, the firm has identified at least 20 active...
Category:
Risk Management
Latest
Wedding Insurance:Securing bride’s dream day
In 2024–25, the average Indian wedding cost has risen to nearly...
Over 1.61 lakh water samples found contaminated in 2025-26: Govt in Rajya Sabha
The number of samples tested in labs in 2025-2026 was 63.96 lakh,...
India needs to keep a watch on cybersecurity, climate change and system-wide contagion risks: IMF report
IMF report suggested enhanced data coverage with better granularity for mapping climate-related financial risks in India It acknowledges India’s insurance sector is strong and growing with a significant presence in both life and general insurance. The sector has...
Boeing settles lawsuits with two 737 MAX crash victims’ families
Boeing agreed in July to plead guilty to a criminal fraud conspiracy charge and pay a fine of up to $487.2 million. A judge set a June 23 trial date if no final agreement is reached. U.S. plane maker Boeing Co reached settlements with the families of two people who...
Comments made by Warren Buffett on social media sites are false
While Berkshire didn’t describe the nature of the posts, the firm’s statement came amid circulation of an Instagram post claiming that the 94-year-old billionaire praised President Donald Trump’s economic policy. The video was posted March 13, but it circulated widely...
Global credit starts to wobble as market pain spreads
Overnight in Asia, the Markit Itraxx Asia ex-Japan index, comprising sovereign and company debt, rose about 26 basis points to its highest since August last year “If we see credit struggling, spreads widening out significantly, precious metals and other havens like...
AM Best upgrades credit ratings of FAIR Oil & Energy Insurance Syndicate
As at year-end 2024, the Syndicate consisted of 20 members from across the Africa, Middle East and Asia regions. While unique in its legal structure, the Syndicate operates like a traditional reinsurer, providing capacity and expertise to its members as well as...
Women own 39.2 pc of bank accounts in India: Govt report
Rising percentage of female-headed proprietary establishments across manufacturing, trade, and other services sectors over the years 2021-22, 2022-23 and 2023-24 has been observed NEW DELHI: Women own 39.2 per cent of bank accounts in the country and the proportion is...
FPIs pulled out Rs 10,355 cr from equities in last 4 trading sessions on US tariffs
"The potential for a full-blown trade war could have far-reaching consequences, affecting global trade and economic growth. However, the steep decline in the dollar index to 102 is seen as favourable for capital flows into emerging economies like India," VK...
Tanker barred from India transferring its Russian oil at sea, sources say
However, port authorities last week barred the more than 20-year-old Andaman Skies from entering India's port of Vadinar as its seaworthiness certificate was not issued by an Indian-approved classification agency NEW DELHI: An ageing tanker loaded with Russian oil...
WHO initiates a new global coordination mechanism for health emergencies
Tedros Adhanom Ghebreyesus, Director-General, WHO The two-day simulation, Exercise Polaris, tested WHO’s Global Health Emergency Corps (GHEC), a framework designed to strengthen countries’ emergency workforce, coordinate the deployment of surge teams and experts, and...
Tariff Turbulence: Aircraft supplier Howmet may halt orders if hit by Trump tariffs
Howmet's rare legal declaration does not mean that supplies will automatically be halted or disrupted but opens the door to the supplier potentially claiming it cannot meet its contracts if impacted by the emergency order. any successful declaration of force majeure...