Judge R V Mohite on Friday directed Reliance General Insurance Co....
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Goyal launches integrated state city logistics plans
The exercise will help assess existing logistics infrastructure,...
Cyberattack disrupts check-in systems at major European airports
London Heathrow Airport, Europe's busiest, said a technical issue...
Markets may reach new heights on Monday, but investors should invest for long term in quality stocks
Porinju Veliyath, Founder - Equity Intelligence noted that there might be intense buying on Monday, pushing the Index to new highs, but future corrections are also expected. The short covering by foreign investors could push Nifty above the 25,000 mark. Mumbai: Stock...
Sweltering heat directs attention at ‘disappearing’ spring in country
Such extreme heat has wide-ranging consequences on public health, electricity, water and the economy.Vimal Mishra, Vikram Sarabhai Chair Professor, Civil Engineering and Earth Sciences, IIT Gandhinagar New Delhi: Sweltering heatwave in north India that have caused...
Tackling Air Turbulence: Cabin Crew’s new lessons
"While variations in climate can cause variations in Clear Air Turbulence (CAT), a robust increase in CAT over decades is very likely to be because of climate change," Manoj Joshi, a Professor of Climate Dynamics at the University of East Anglia, UK, said New Delhi:...
Top 100 firms must verify market rumours within 24 hrs starting today
Under the Sebi's rule, these companies will have to 'confirm, deny, or clarify any reported event or information in the mainstream media that is not general in nature and that indicates that rumours of an impending specific material event' are circulating amongst the...
MS Amlin forecasts “substantially above average” hurricane activity
“The insurance industry can help people and businesses to absorb climate blows, but only if pricing adequately reflects the escalating risks of stronger, more destructive hurricanes in a warming world. Investing in sophisticated catastrophe modelling and research will...
S&P Global to observe India’s fiscal glidepath for possible rating upgrade
''Within the next 2 years we will be closely observing whether the government's depiction of fiscal consolidation path will carry on… We will be observing for the next 1-2 years to see how this fiscal numbers will come to pass and if so, this will lead to a rating...
RBI shifts 100 tonnes of gold from vaults in UK to India to save storage cost
The central bank held 822.10 tonnes of gold as part of its foreign exchange reserves as of March 31, 2024, an increase from the 794.63 tonnes held at the same time last year, according to the annual data released by the RBI New Delhi: The Reserve Bank of India (RBI)...
Online payment frauds jump over 400% in India:RBI data
"Fraudsters are getting sophisticated by the day, while financial institutions and fintechs, jostling for market share and growth, have loosened controls." Mumbai: Digital payment frauds in India saw a more than fivefold jump to Rs 14.57 billion ($175 million) in the...
EU may sanction Russia’s Ingosstrakh Insurance
The G-7 price cap on Russian crude oil and petroleum products bans western shipowners, insurers and intermediaries from providing vessels and services for cargoes priced above the thresholds. The restrictions prompted a pivot away from western insurance and a need for...
China poised to impose a record fine on PwC
PwC faces a fine of at least 1 billion yuan ($138 million), the people said. That would exceed the previous record fine for an accounting firm, the 212 million yuan handed out to Deloitte Touche Tohmatsu Ltd. in 2023 China is poised to impose a record fine on...