Southeast Asia is expected to remain a high-growth market for...
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NGT issues notice to Centre over hanging glacier danger in central Himalaya
The bench referred to the report and said four researchers from the...
Iran war disrupts the circuit board supply chain, raises costs for tech firms
The disruption is a fresh blow to electronics manufacturers which...
Mumbai: Crypto exchange platform CoinDCX on Thursday said it has rolled out a nationwide financial literacy initiative with an investment of Rs 10 crore to empower every Indian with the knowledge to participate in the rapidly growing digital asset economy. "India is...
Swiss Re sets up task force to monitor tariff impact
Chief Executive Officer Andreas Berger said he doesn’t see the tariffs directly affecting the reinsurance industry, but the task force aims to find out how there are indirect impacts from the levies. Swiss Re AG has set up a task force to see how the tariffs installed...
Shadow tanker fleet grows more slowly as Western sanctions target Russian oil
Together with U.S. restrictions, they mean more than 440 shadow fleet tankers face sanctions, including tankers Moscow needs to ship oil to its biggest buyers, China and India Dozens of tankers have joined the shadow fleet this year compared with hundreds in previous...
RBI panel recommends AI framework for finance sector
"The report envisions a financial ecosystem where encouraging innovation is in harmony, and not at odds, with mitigation of risk," the RBI said in a statement MUMBAI: An RBI panel has recommended that banks and other financial institutions formulate a policy to...
African lender weighs claiming Lloyd’s payout on Zambia debt
TDB — together with the African Export Import Bank — has found itself at the center of an increasingly contentious debate about including the lenders’ facilities in sovereign-debt restructuring on the continent. While Afreximbank is adamant it won’t participate, TDB...
Swiss Re tackles longevity drug impact with life policy advice
Metformin, traditionally used to manage type 2 diabetes, and rapamycin, an immunosuppressant developed for organ transplant recipients, are part of a growing list of substances being explored for anti-aging purposes, Swiss Re said. In some cases, the medications are...
Govt finalising legislation to protect power systems from cyber attacks: MoS Shripad Naik
These regulations will ensure that the control and operation of power system elements including solar inverters, as well as the exchange of related information, including real-time data, will remain within national boundaries, the Minister of State (MoS) for Power...
Hiscox unveils a new sexual molestation liability cover
The sexual molestation liability (SML) product will also cover related legal costs and damages or settlements resulting from claims made during the policy term. In addition, SML clients will benefit from the services of global specialist risk consultancy, Control...
Jellyfish shut French nuclear reactors as heat wave builds
The “massive and unforeseen” presence of jellyfish in the filter drums of pumping stations closed four out of six reactors at Gravelines on the north coast of France, EDF said in a statement on Monday. Pumping stations for coastal nuclear plants usually draw in sea...
Emirates to ban use of power banks aboard its flights
The airline said the “significant growth” in customers using power banks in recent years has led to a rising number of lithium battery-related incidents during flight across the industry. Emirates will ban the use of power banks aboard its flights and only allow...