Claudia Strametz, who leads Munich Re's business for Germany and...
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Mumbai businessman loses Rs 58 crore in ‘digital arrest’ fraud
The victim transferred Rs 58 crore through RTGS in multiple bank...
Munich Re and New India provide first ever large parametric Pandemic Resilience cover to Mumbai’s biggest mall Phoenix Mills
``Munich Re is supporting these solutions with reinsurance...
CBIC urges public to discern modus operandi of fraudsters
The Ministry of Finance has referred to various news portals and social media platforms that have highlighted a disturbing trend where fraudsters are duping the public into paying money under the false pretence of avoiding legal penalties New Delhi: The Central Board...
Health Ministry rolls out new referral guidelines for hospitals
These 'Guidelines for Inter-Departmental Referral (within hospitals)' mandate prompt initiation of referrals whenever patients need specialised care, diagnostic evaluations, or consultations beyond the capacity of the admitting department. Importantly, only...
Kuwait fire, a reminder of dismal working conditions of Indian diaspora
About 13 million Indians work abroad - more than 60% of them in Gulf nations - according to information shared with parliament by the Indian foreign ministry in 2023. The bodies of 45 Indians who died in a fire in a labour housing facility in Kuwait were flown to...
Only 29% elderly people have access to social security schemes like Pensions, PF: Study
Health insurance coverage is limited to 31 per cent of the elderly New Delhi: Only 29 per cent elderly people reported to have access to social security schemes, such as old-age pensions or provident funds, according to a study by the NGO HelpAge. A similar proportion...
Trai takes up fraud, pesky call issues in meeting with financial regulators, institutions
The telecom regulator discussed the allocation of 160 series exclusively for making transactional and service voice calls, which has been earmarked for all entities regulated by the RBI, Sebi, Irdai and PFRDA in the first stage NEW DELHI: Telecom regulator Trai has...
US court levies $194 mn penal charges on TCS for misappropriation of trade secrets
The order has been passed against the company in a case filed by Computer Sciences Corporation (CSC) — now merged with DXC Technology Company (DXC) — alleging misappropriation of its trade secrets before United States District Court, Northern District of Texas, Dallas...
Extreme heat causes income loss for 50% of Delhi street vendors: Study
"Data from over 700 respondents highlight the devastating impact on their health, productivity, and livelihoods. We demand immediate government intervention, including the establishment of heat shelters in markets with essential facilities, safety kits, and...
Urbanisation’s influence on climate change increasing in recent decades, study finds
Researchers analysed land temperatures from all over the world and discovered that, although contributing only 2 percent of land warming between 1992 and 2019, urbanisation is still not the primary driver of climate change. It was discovered that India's urban areas...
UK imposes sanctions on Russian insurer Ingosstrakh protecting ‘shadow fleet’ of tankers
Sanctions against Ingosstrakh are notable because it is major provider of coverage for the commercial fleet moving Russian oil, largely displacing insurers based in the UK and Europe. The company didn’t immediately respond to a request for a comment on how the...
Unauthorised transaction due to third party breach: Bank customer has zero liability, says HC
A division bench of Justices Girish Kulkarni and Firdosh Pooniwalla was hearing a petition filed by one Jaiprakash Kulkarni and Pharma Search Ayurveda Private Limited challenging an order passed by the Banking Ombudsman refusing to direct the Bank of Baroda to refund...