Sam Altman,Chief Executive Officer,OpenAI Urgency has mounted...
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“Exponential growth of AI a warning sign”: Anthropic CEO Dario Amodei continues push for AI safeguards
Dario Amodei,CEO,Anthropic Amodei then proposed a three-step plan...
BRICS finance chiefs urge reform of global development financial institutions
"We continue to have serious concerns with the unilateral...
Fraudsters now exploiting e-Commerce sector at a scale similar to Jamtara banking scams: Report
An analysis of 70 million marketplace users by AI- powered risk decisioning platform Bureau, revealed that coordinated groups are now exploiting online systems at a scale similar to the Jamtara banking scams. Organised fraud networks are now systematically targeting...
$2.8 billion Baltimore Bridge settlement:Impacts on marine (re)insurance market
The vast majority of the $2.8 billion will be absorbed by the reinsurance and retrocession markets. While some market participants initially anticipated the full $3 billion limit of the International Group’s reinsurance tower could be called upon, statutory...
Oil trading disputes deepen amid Iran war fallout
In some instances the disputes have arisen because producers cut their production levels. In others, buyers with contracts under which they are responsible for lifting oil from ports in the Middle East have said they were unable to secure ships to load it due to the...
Economy resilient but faces rising risks from Mideast war, government report says
The government said India remained a relative bright spot, with the International Monetary Fund raising its 2026-27 growth forecast for the country to 6.5% from 6.4%.However, it warned that risks were tilted toward higher inflation, wider fiscal and external...
Transactional risk insurance gains traction in India
Aditya Samag, Private Equity and M&A Leader, Marsh India, mentioned a clear shift in India to larger, more complex transactions, particularly in high-growth sectors such as technology, healthcare, and infrastructure.In this environment, transactional risk...
Shipping traffic through Strait of Hormuz remains muted as US-Iran talks stall
Shipping traffic passing through the crucial waterway at the entrance to the Gulf during an uneasy ceasefire between Washington and Tehran represents a fraction of the average 140 daily passages before the Iran war began on February 28. At least seven ships – mainly...
EIP partners with Nexacore, launches end-to-end device protection to Southeast Asia
Southeast Asia is expected to remain a high-growth market for device protection and warranty solutions, as rising usage and demand for protection products drive momentum across the wider region. As a result, the Asia-Pacific electronic gadget insurance market is...
NGT issues notice to Centre over hanging glacier danger in central Himalaya
The bench referred to the report and said four researchers from the Indian Institute of Science, Indian Institute of Technology Bhubaneswar and the Defence Research and Development Organisation, Chandigarh, which indicated violation of the provisions of the...
Iran war disrupts the circuit board supply chain, raises costs for tech firms
The disruption is a fresh blow to electronics manufacturers which are already grappling with soaring memory chip costs and highlights the broadening impact of the Iran war that has wreaked havoc on supply chains, plastics, and oil supplies. The conflict in the Middle...
US-Iran peace hopes fade as Trump scraps talks
Iranian President Masoud Pezeshkian told Pakistani Prime Minister Shehbaz Sharif by phone that Tehran would not enter "imposed negotiations" under threats or blockade, according to a statement from the Iranian government. He said the United States should first remove...