L to R-Sanjay Lohiya,special secretary, Department of Financial...
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Govt to prepare a master plan to track climate, disaster impact: Amit Shah
Union Home Minister Amit Shah on Sunday reviewed country's...
Spanish health authorities move to evacuate passengers from infected ship
All passengers on the luxury cruise ship MV Hondius are considered...
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...
Surging oil tanker insurance points to growing Black Sea chaos
Underwriters are now charging about 1% of the value of a ship for calls at any port in the region, according to people involved in the market. That’s up from about 0.7% at the end of last month. The cost of insuring ships sailing through the Black Sea is surging...
Global risks enter “Age of Competition” as geoeconomic tensions dominate 2026 outlook: WEF
Societal pressures remain deeply interconnected with these economic and geopolitical stresses. Inequality was identified as the most interconnected global risk for the second consecutive year, closely linked to economic instability, misinformation and declining trust...
Indian stock exchanges to remain open on Sunday for Union Budget 2026
Nirmala Sitharaman,Union Finance Minister The Budget Session of the Parliament will commence on January 28 and will continue till April 2.Finance Minister will begin the presentation of the Budget at 11 a.m. in the lower house on February 1, the Speaker said in...
Allianz Risk Barometer 2026: Cyber remains top business risk but AI fastest riser at no 2 in Asia Pacific
"Following the volatility and uncertainty of 2025, businesses continue to face interconnected and highly complex risks in 2026's fast-changing environment. Given the continuing rise of AI across society and industry, it is unsurprising that it is the big mover in the...
Tiger Global SC ruling to prompt fgn investors to reassess holding structures: Tax experts
"The ruling reinforces the significance of the anti-avoidance framework and substance-driven treaty interpretation. Taxpayers should re-assess their existing arrangements in light of the principles laid down by this decision," Grant Thornton Bharat Tax Partner Richa...
Black Sea war insurance rates jump after tanker attacks, sources say
``Black Sea war rates were extremely volatile and were changing on a daily basis.Right now, they are spiking due to a number of incidents, and we wouldn’t be surprised to be quoted in excess of 1%, dependent on the vessel’s value, ownership or proposed port of call,,...
Natural Disasters in 2025: Alarming rise in floods, severe convective storms and wildfires
Tobias Grimm, Munich Re’s Chief Climatologist: “A warming world makes extreme weather disasters more likely. Given that 2025 was another very warm year, the past 12 years have been the warmest on record. The warning signs persist. Indeed, under the prevailing...
Russian-bound tanker hit by drone in Black Sea, maritime sources Say
In late November, shipping insurance rates rose after Ukrainian naval drones hit two Russia-bound tankers in the Black Sea, incidents that prompted Moscow to threaten retaliation and Ankara to urge calm. Another vessel, Russian-flagged, said in early December that it...
China urges Nestlé SA to work quickly in recalling baby formula products
While Nestlé has yet to tally the total cost of the global recall, it does not expect a significant financial impact. The affected batches represent significantly less than 0.5% of annual group sales, Nestlé said. However, some analysts are estimating a potentially...