“As cyber attacks and data privacy risks continue to rise, both in...
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Risk Management
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AI driving direct shifts in global insurance industry, says Swiss Re
Global insurance premiums are set to grow by 2.3% in real terms in...
Red Sea Crisis: Google and Meta delay undersea cable projects
The southern Red Sea segment of 2Africa hasn’t yet been built due...
High employee attrition of 25% in private banks pose operational risk: RBI
"High attrition and employee turnover rate pose significant operational risks, including disruption in customer services, besides leading to loss of institutional knowledge and increased recruitment costs. In various interactions with banks, the Reserve Bank has...
Embracing 2025: Year of Purpose & Opportunities
2024 has been a pivotal year for the Indian insurance industry, marked by significant reforms and policy changes.2025 will be a key year as it will see further movement in industry and government efforts towards the Insurance for all by 2047 vision Four CEOs of the...
Fiery crash kills at least 179 in worst airline disaster in South Korea
The ministry also confirmed the casualties in the deadliest air accident involving a South Korean airline in nearly three decades. Video shared by local media showed the twin-engine aircraft skidding down the runway with no apparent landing gear before slamming into a...
Climate change risks impacting financial system, need India-specific data: RBI’s Dy Gov
“Over the last few years, we have taken several incremental measures in this direction. It started with the setting up a dedicated group within the Bank to assess climate change risks and foster a robust ecosystem for sustainable finance,” said Reserve Bank of India...
Putin apologises to Azerbaijani counterpart for tragic plane crash incident
An official Kremlin statement issued on Saturday said that air defence systems were firing near Grozny airport as the airliner repeatedly attempted to land there on Wednesday. It did not explicitly say one of these hit the plane. Moscow: Russian President Vladimir...
111 drug samples tested in November found ‘not of standard quality’
Besides, 70 drug samples tested by the state drugs testing laboratories have also been identified as NSQ in November, they official sources said New Delhi: Central Drugs Standard Control Organisation (CDSCO) has found 41 drug samples tested in the central drug...
India’s equity markets touched $5.29 trillion market cap this year, 4th largest globally
“The investor’s preference towards equity as an investment avenue based on their Risk appetite is constantly increasing in the last couple of years as compared to earlier. Such kind of sustainable fund flow from different investors is a positive sign and this...
Some infectious diseases saw a huge surge in 2024
“The resurgence of preventable and climate-sensitive illnesses highlights the importance of adhering to preventive measures while advancing innovation to address diseases,” said Kristan Piroeva, an analyst at Airfinity, and called for global data sharing, surveillance...
NGT calls for safe disposal system of used solar panels, asks govt’s reply
The matter was raised through a letter petition highlighting the environmental risks posed by discarded panels and the need for an organized system for their proper handling and management. As solar panels become increasingly popular, particularly in rural areas,...
Bajaj Allianz Life hosts financial awareness sessions for Indian Navy civilians in Mumbai
Bajaj Allianz Life Insurance has conducted financial awareness sessions for civilian personnel of the Indian Navy in Mumbai. These sessions are part of the company’s ongoing commitment to empower Naval civilians with the knowledge about financial planning and the...