“Allegations that TCS engages in unlawful discrimination are...
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Madras High Court bans 28 plastic products in Western Ghats
The bench directed the Tamil Nadu government to issue a...
US cyber insurance premium shrinking to continue: Fitch
The cyber insurance line was profitable for 2024, but direct...
‘Delay means death’ – UN climate report urges immediate, drastic action
On nearly all counts, the report makes clear that climate change is impacting the world far faster than scientists had anticipated. Noting that nearly half the world's population was already vulnerable to increasingly dangerous climate impacts, the report calls for...
Investors brace for volatility as West moves to cut Russia off from SWIFT
The latest measures could send markets on another wild ride, as traders assess the implications for the global economy, including potentially higher commodity prices and inflation Investors were preparing on Saturday for more wild gyrations in asset prices after...
Russia-Ukraine war: ECGC withdraws coverage for shipments to Russia
Amid the ongoing conflict between Russia and Ukraine, ECGC in a communication said ''based on the near-term commercial outlook, it has been decided to modify the country risk classification of Russia under the short-term and medium-and-long term with effect from...
Russia’s invasion of Ukraine likely impact the global insurance industry substantially near to midterm: AM Best
“Further sanctions may impact the ability of international insurers and reinsurers to underwrite Russian risks or make it more difficult for them to service claims on existing policies,” said Anna Sheremeteva, financial analyst, AM Best LONDON: International rating...
Tata in talks with aircraft makers over order for Air India: Sources
Tata had begun preliminary discussions with the planemakers and lessors for jets including Airbus A350-900s and Boeing 787-9 Dreamliners, citing people familiar with the matter New Delhi: Planemakers Boeing Co and Airbus SE have met executives from India's Tata Group...
Airline industry shifts attention to Russia risks after Ukraine closure
As airlines assessed the airspace risks, they have also been hit by a spike in oil prices to more than $105 per barrel for the first time since 2014 as a result of the conflict. That raises operating costs at a time when travel demand remains low because of the...
Cyberattacks accompany Russian military assault on Ukraine
Officials have long expected cyberattacks to both precede and accompany any Russian military incursion. The combination of DDoS attacks, which bombard websites with junk traffic to render them unreachable, and malware infections hewed to Russia's playbook of wedding...
UK to ban Aeroflot airline in ‘largest package’ of Russian sanctions
The “largest and most severe package” of economic sanctions against Russia tabled in the House of Commons includes a full asset-freeze of Russian state-owned bank VTB and powers to allow the UK to exclude Russian banks from Britain's financial system. London: Prime...
Global finance grapples with Ukraine crisis as shares slump
But in what will be a relief to Europe's banks, the EU is unlikely at this stage to take steps to cut off Russia from the SWIFT global interbank payments system, several EU sources said. European banks are most exposed to Russia, especially in France, Italy and...
IRDAI wants govt to launch parametric catastrophic cover on pilot basis to deepen insurance penetration
India’s mortality protection gap is 83 per cent and 72 per cent of the households underestimate the need for protection. Digitalization will allow insurers to rethink their approach in pricing, distribution, and managing the value chain, said Hadi Riachi,CEO,...