Commenting on the findings, Sandesh GS, CTO, Bureau, said, "What...
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India among 5 nations granted passage through Strait of Hormuz by Tehran
“We have permitted certain countries that we consider friendly to...
West Asia Conflict: Risks extend beyond marine into energy, political violence, aviation, trade credit says Howden
Demand for Political Violence and Terrorism cover has risen...
Extreme Weather: Euro Zone could lose 5% of GDP, says ECB
“Climate-related risks are an immediate concern for financial stability and economic growth,” Stracca and Bundesbank board member Sabine Mauderer said in a blog published by the ECB Extreme weather events such as heatwaves, flooding and wildfires could wipe as much...
AM Best maintains stable outlook on global cyber insurance segment
The AI-driven proliferation of cyber-attacks also can increase the scale and complexity of attacks. Additionally, the ongoing challenge of ransomware, business email compromise and funds transfer fraud continues to escalate Rating agency AM Best said it is maintaining...
Renewable & Clean Energy Technologies: Set to grow exponentially to meet rising global demand
Countries such as China, India, Japan, South Korea and in ASEAN are accelerating the deployment of solar, wind, hydro and emerging technologies, including hybrid installations that integrate batter energy storage systems (BESS) and floating solar photovoltaics (FPV)...
Impostor uses AI to impersonate Rubio, contact foreign and US officials
Marco Rubio US ,Secretary of State The misuse of AI to deceive people is likely to grow as the technology improves and becomes more widely available, and the FBI warned this past spring about “malicious actors” impersonating senior U.S. government officials in a text...
Indian state Kerala sues Swiss-based Mediterranean Shipping Company, seeks $1.1 billion in compensation over oil spill
On May 25, Liberia-flagged MSC ELSA3 ship travelling from Vizhinjam on India's southern tip to Kochi had capsized. The incident had resulted in leaking fuel and releasing cargo, some of which contained hazardous material. NEW DELHI: India's southern state of Kerala...
Zurich Kotak General Insurance launches commercial insurance
Alok Agarwal, MD & CEO, Zurich Kotak General Insurance Alok Agarwal, MD & CEO, Zurich Kotak General Insurance, said, “The launch of our commercial insurance business is a key strategic pillar of our organization and reflects a year of building an...
Gadkari’s mega mobility plan: Hyperloop, electric buses, ropeways on fast track
Union Minister of Road Transport and Highways Nitin Gadkari said India’s transport sector is undergoing a major transition, with initiatives like tree bank, mobile-based driving tests, and flex-fuel engines by 11 leading automakers in the pipeline Ranchi: Union...
Centre asks states to crack down on manufacturers selling sub-standard helmets
"With over 21 crore two-wheelers on Indian roads, rider safety is paramount," the department said, adding that wearing a helmet is mandatory under the Motor Vehicles Act, 1988. New Delhi: The Centre has asked states to take strict action on manufacturers and retailers...
Navigating value shift: Indian businesses can unlock $9.82 trillion in economic activity by 2035, says PwC report
The PwC India’s report, ‘Navigating the value shift’, said mega trends such as climate change, demographic shifts and technological disruptions are creating new avenues for value creation that transcend traditional industry boundaries New Delhi: As the global economic...
India’s first weather derivative aims to protect farmers from weather volatility
Mrutyunjay Mohapatra, Director General, India Meteorological Department "On the real-time rainfall, they can find out whether it is as per the climatological trend or there is a deviation… Accordingly, there could be some decisions concerning agriculture as well as...