If left unaddressed, rising rates of chronic illness, mental health...
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India poised to remain fastest growing major economy in FY26: RBI
The RBI flagged global financial market volatility, geopolitical...
RBI to continue with supervisory measures for early risk identification
The central bank would also focus on enhancing cyber resilience and...
Evergreen line declares force majeure on Israel shipment -customer note
War risk insurance rates have soared more than tenfold in recent days to Israeli ports with growing concerns over an escalation in hostilities Taiwanese container shipping line Evergreen has declared force majeure on a shipment to the Israeli port of Ashdod, with its...
Global economy exposed to $3.5 trillion from major cyber attack: Lloyd’s
“The global interconnectedness of cyber means it is too substantial a risk for one sector to face alone and therefore we must continue to share knowledge, expertise and innovative ideas across government, industry and the insurance market to ensure we build society’s...
Dabur India’s units face lawsuits in US, Canada alleging products caused cancer
Dabur India, which sells Vatika Shampoo and Honitus cough syrup brands, said it could not determine the financial implication due to settlement or verdict outcome at this stage but expected the defense costs to breach the materiality threshold in the near future New...
Lloyd’s approves Oka syndicate-in-a-box 1922, to focus on solution to protect against buyer-side carbon credit risks
The volume of carbon credit purchases has quadrupled over the past four years, with the market expected to grow exponentially as corporations make commitments to achieve net zero targets as a priority LONDON: Asta, the leading third-party managing agent at Lloyd’s,...
ILO and WHO review social protection impact in reducing socio-economic damage of next pandemic
Mia Seppo, ILO Assistant Director-General for Jobs and Social Protection, highlighted the complexity of the issues involved. “We see the discussions on a strengthened framework for prevention, preparedness and response as an opportunity to drive the point home that to...
Deadly Indonesian cough syrup was almost pure toxin, court papers show
The criminal case comes as efforts grow worldwide to tighten oversight of drug supply chains after a wave of poisonings linked to contaminated cough syrups that killed dozens more children in countries such as Gambia and Uzbekistan An Indonesian drugmaker whose cough...
Cat bond market is defying the global selloff with record returns
Big reinsurers like Swiss Re and Munich Re, as well as some real-economy companies, have increasingly looked to cat bonds as they try to protect themselves from once-in-a-lifetime disasters. In July, Blackstone Inc. turned to cat bonds to shield property assets from...
Govt aims to bring 1,500-2,000 products under mandatory quality certification in next 2-3 years: Goyal
Piyush Goyal,Food and Consumer Affairs Minister This year's theme has been centred on the pursuit of SDG-3 - ensuring accessible and safe healthcare for all.It is not just medical devices that need to conform with standards but the entire process in the...
Risk monitoring helps Air India prevent revenue loss of over Rs 3 cr
Airlines are a high-profile target for fraudsters, whether it be attempts to use stolen credit cards on our websites, to fraudulently claim frequent flier miles, or other scams, Wilson said Mumbai: Full-service carrier Air India has prevented revenue loss of over Rs 3...
Recording conversations without person’s knowledge violates privacy rights
The HC observed that the husband recording his wife's phone conversation without her knowledge amounts to violation of her right to privacy and also the petitioner's right guaranteed under Article 21 of the Constitution Bilaspur: The Chhattisgarh High Court has ruled...