Tobias Grimm, Munich Re’s Chief Climatologist: “A warming world...
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Russian-bound tanker hit by drone in Black Sea, maritime sources Say
In late November, shipping insurance rates rose after Ukrainian...
China urges Nestlé SA to work quickly in recalling baby formula products
While Nestlé has yet to tally the total cost of the global recall,...
Equity investors’ wealth erode by Rs 18 lakh cr in 6 days of market fall
During the day, the benchmark tanked 905.21 points or 1.18 per cent to sink below the 76,000-level and hit a low of 75,388.39. Since February 4, the BSE bellwether gauge has slumped 2,412.73 points or 3.07 per cent New Delhi: Investors suffered an erosion of Rs 18...
Los Angeles Wildfires: A Wake-up Call For Re/Insurers
Wildfire exposures can be mitigated by relatively simple and cost-effective measures that fall under the responsibility of local governments and communities and include disaster planning, forest management, maintenance of key / vulnerable infrastructure, building...
NTPC plans more nuclear plants with overseas partners
Earlier this month, the government said it would amend the liability law, which originally intended to ensure justice for victims of any nuclear disaster, potentially clearing the path for foreign suppliers to sell to India New Delhi: State-run NTPC Ltd., India’s...
Stock market crashes over 1 pc as investors jittery over US tariff moves, investors poorer by Rs 16.97 trillion in 5 days
On Tuesday alone, investors' wealth got wiped out by Rs 9,29,651.16 crore. Market experts believe that the uncertainty around US trade policies and the impact of tariffs on global trade have led to weak investor sentiment. All sectoral indices on the NSE closed in...
MS Amlin launches new credit and political risk offering in MENA, eyes India and Africa opportunities
“We see exciting opportunities in India, and on the African continent, which are both experiencing a significant influx of foreign investment. We believe this will create growing demand across a number of speciality lines, most notably credit and political risk.”...
Disaster Recovery: Rebuilding Turkiye with resilience
Shaken by a series of devastating earthquakes,Türkiye has integrated climate adaptation and disaster risk reduction into national development plans and institutional frameworks are being strengthened to enhance preparedness. Nevertheless, urgent action is needed to...
RBI allows insurers to deal with interest rate derivative products
``Such forward contracts will enable long-term investors such as insurance funds to manage their interest rate risk across interest rate cycles. They will also enable efficient pricing of derivatives that use bonds as underlying instruments,'' said Sanjay Malhotra,...
Cyber security: RBI introduces ‘bank.in’ as exclusive internet domain for Indian banks
With increased instances of fraud in digital payments becoming a significant concern, this initiative aims to reduce cyber security threats and malicious activities like phishing; and, streamline secure financial services, thereby enhancing trust in digital banking...
ESG Backlash: Investors with 6 trillion euros warn EU not to weaken green rules
The warning coincides with mounting pressure from Germany and France, the European Union’s two largest economies, to scale back planned ESG regulations on concerns the requirements are preventing companies in the bloc from competing freely with their peers in the US...
Australia bans DeepSeek AI services from all government systems and devices
Home Affairs Minister Tony Burke said in a statement Tuesday that all DeepSeek products, applications and services would be removed from government systems on national security grounds effective immediately Australia has banned DeepSeek AI services from all government...