President Donald Trump The eleventh-hour deal was subject to Iran's...
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RBI holds rates,lowers GDP growth for FY 27 to 6.9%; hikes Inflation outlook to 4.6% due to West Asia crisis, spike in crude prices
“Higher input costs associated with an increase in energy prices...
From falling U.S. wealth to Indian factory closures, oil shock raises global recession risk
Risks sharpen for the global economy if oil moves above $110 or...
Centre releases 2nd white paper on strengthening AI governance
The White Paper, released by the Office of the Principal Scientific Adviser to the Government, emphasises the contours of a "techno-legal" AI governance framework that aims to mitigate risks while preserving flexibility and innovation. New Delhi: The Centre on Friday...
SC notice to Centre, CBI on plea of ex-banker duped of Rs 23 cr in ‘digital arrest’
A bench of Chief Justice Surya Kant and Justice Joymalya Bagchi has issued notices to the Union of India, Central Bureau of Investigation (CBI), Reserve Bank of India (RBI) and others on the plea filed by Naresh Malhotra. The plea has sought directions to the banks...
Japan shuts down world’s largest nuclear plant hours after restart
TEPCO, as the utility is known, said it was forced to stop the process for the No. 6 reactor at its Kashiwazaki Kariwa plant on Thursday due to an issue with an electrical part, according to a spokesperson. Tokyo:Tokyo Electric Power Co., Japan’s largest utility,...
Sebi accuses executives at EY, PwC of insider trading, notice shows
Sebi's notice showed India executives of Carlyle, Advent, PwC, and EY shared unpublished price sensitive information, enabling others to trade on the information. It also accused a former Yes Bank board member of sharing price sensitive information enabling others to...
Banks and insurers deliberate India’s upstream reforms agenda and investment opportunities
Perspectives were also shared by financial institutions and insurers including the State Bank of India, New India Assurance and Bajaj Allianz, covering risk assessment frameworks, exposure considerations, bank guarantee structures and emerging risk-mitigation...
Severe convective storms: Costliest insured global peril in 21st century, says Aon Report
"This year's report highlights the growing need for collaboration among organizations, insurers, governments and communities.The insurance industry is well-positioned to act as a strategic partner to help navigate these challenges, bringing record levels of capital to...
IFSCA developing regulations for issuing Cat Bonds in GIFT-IFSC
(Lto R)Deepak Sood, member(Non-Life), Ajay Seth, chairman, IRDAI, Hasmukh Adhia,chairman, GIFT-City,K Rajaraman, chairman, International Financial Services Centres Authority(IFSCA),M Nagaraju, Secretary, Department of Financial Services and Mahipal Reddy, executive...
Trump’s Greenland threat puts Europe Inc back in tariff crosshairs
The shock move has rattled through industry and sent shockwaves through markets amid fears of a return to the volatility of last year’s trade war, which was only eased with tariff deals reached in the middle of the year. LONDON/FRANKFURT/PARIS: Just as European...
Signature Global to invest Rs380 cr on earthquake resistance technology
The 'Hysteretic Tuned Mass Dampers (HTMDs)' technology is a specialised system designed to reduce vibrations in high-rise buildings caused by wind and earthquakes.By controlling building movement, it enhances stability and occupant comfort. New Delhi: Realty firm...
Denmark-US rift triggers NATO deployment of forces in Greenland
“For us, ideas that would not respect territorial integrity of the Kingdom of Denmark and the right of self-determination of the Greenland people are of course totally unacceptable and we therefore still have a fundamental disagreement,” Danish Foreign Minister Lars...