The U.S.-Israeli war with Iran has already cost companies around...
Category:
Risk Management
Latest
IRDAI gets ready to implement Risk Based Capital norms for insurers,to publish draft regulations soon
The IRDAI's board in its recent meeting had deliberated the issue...
Regulators discuss ways to enhance financial sector resilience amid geopolitical frictions
Sanjay Malhotra,Governor,Reserve Bank of India "The FSDC-SC...
India to introduce RBI-backed digital currency: Piyush Goyal
"We have not been encouraging cryptocurrency, which does not have sovereign backing or which is not backed by assets, say it on the federal bank or local currency. India has also announced that we will be coming out with a digital currency, which will be backed by a...
Net-Zero Banking Alliance winds up operations
The alliance, set up in 2021, was the banking industry’s main body leading the sector’s global effort to cut carbon emissions. An overhaul was proposed in August after many big banks left, to create a “framework initiative” rather than a membership-based organization....
MP and TN ban sale of Coldrif syrup after nine children die of suspected renal failure in month
Taking cognisance of the infant deaths, the Union Health Ministry on Friday issued an advisory to all States and Union Territories, directing that cough and cold medications should not be prescribed to children under the age of 2 years Chennai/Bhopal: The Tamil Nadu...
Govt issues notices to 25 offshore crypto assets cos for non-compliance of money laundering law
The government has also instructed these entities to take down their applications/websites from public access in India, the finance ministry said in a statement New Delhi: Financial Intelligence Unit-India, under the finance ministry, has issued notices to 25 offshore...
RBI to unveil risk-based deposit insurance premiums for banks: RBI Governor
``I am happy the RBI has brought changes in the existing deposit insurance scheme for the banks. The banks have been asking this for long. Paying insurance premium has become the largest overhead any bank today. SBI itself paid Rs 5400 crore of premium in FY 24-25. We...
CyberCube raises over $180 million from investor Spectrum Equity
Pascal Millaire, CyberCube CEO, said: “Cyber has the potential to become one of the largest lines of Property and Casualty insurance, as internet-connected technologies and artificial intelligence transform all corners of the global economy. With the additional...
Vietnam estimates property damage from Typhoon Bualoi at $303 mln
Bualoi made landfall on Monday in northern central Vietnam, bringing huge sea swells, strong winds and heavy rains that have killed at least 29 people and left 22 others missing, according to the disaster management agency report. HANOI: Vietnam's government said...
Death toll rises to 69 after a 6.9 magnitude earthquake strikes central Philippines
The Southeast Asian archipelago is one of the most seismically vulnerable countries on the planet, often experiencing more than 1,000 quakes a year A magnitude 6.9 earthquake struck in waters near the island of Cebu in the central Philippines late on Tuesday, the...
Geopolitical volatility surges into top 10 business risks for the first time, Aon study
"The dramatic rise of trade and geopolitical risk highlights a new reality: volatility and uncertainty are now constants for organizations. From evolving tariffs to shifting alliances, these forces directly impact organizations' balance sheets. Building resilience...
Boeing in early stages of developing 737 MAX replacement
The U.S. planemaker has also been designing the flight deck of a new narrow-body aircraft, the report said, adding that development remains in the early planning phase, with final decisions yet to be made Boeing is in the early stages of developing a new single-aisle...