"Following the volatility and uncertainty of 2025, businesses...
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Tiger Global SC ruling to prompt fgn investors to reassess holding structures: Tax experts
"The ruling reinforces the significance of the anti-avoidance...
Black Sea war insurance rates jump after tanker attacks, sources say
``Black Sea war rates were extremely volatile and were changing on...
Fed leaves rates unchanged, cites rising risk of higher inflation and unemployment
Fed Chair Jerome Powell "Uncertainty about the economic outlook has increased further," the FOMC said at the end of a two-day meeting during which officials agreed unanimously to keep the central bank's benchmark interest rate steady in the 4.25%-4.50% range...
Insurers remain high alert over Indian missile attacks on Pak terror targets
Indian airlines have informed the insurers including New India Assurance, Tata AIG General Insurance, ICICI Lombard General Insurance that they are going by the advise of the Indian government and no aircrafts have been parked in any of the airports around Indo-Pak...
Finmin invites suggestions on draft climate finance taxonomy
India's climate finance taxonomy will facilitate greater resource flow to climate-friendly technologies and activities, enabling the country to achieve the vision of becoming net zero by 2070 while ensuring long-term access to reliable and affordable energy, the...
Banks tighten cyber security network to ward off any threat
"We have strengthened the cyber security mechanism… we have created a 24 hours war room to diffuse any cyber attack… we are prepared for any eventuality," Punjab National Bank MD and CEO Ashok Chandra said New Delhi: Banks have tightened their cyber security network...
Chaucer launches affirmative AI liability cover
As AI adoption continues to surge, AI incidents have spurred over 150 lawsuits in the US in the last 5 years per researchers at George Washington University. AI regulations are proliferating and scrutiny intensifying, it's essential for AI adopters to protect...
M&S, Co-op cyberattackers duped IT help desks into resetting passwords, says report
“Criminal activity online – including, but not limited to, ransomware and data extortion – is rampant. Attacks like this are becoming more and more common. And all organizations, of all sizes, need to be prepared,” Jonathon Ellison and Ollie Whitehouse, respectively...
Over 200 flights cancelled 18 airports temporarily closed for operations
Sources said that at least 18 airports in the northern and western parts of the country have been temporarily shut. These airports include Srinagar, Leh, Jammu, Amritsar, Pathankot, Chandigarh, Jodhpur, Jaisalmer, Shimla, Dharamshala and Jamnagar,they added New Delhi/...
India reserves right to retaliate if UK’s proposed carbon tax hits exports: Official
According to economic think tank GTRI, India's exports worth $775 million to the UK may be impacted due to Britain's decision to introduce carbon tax on products such as iron and steel, aluminium, fertiliser and cement, from 2027 New Delhi: The India-UK free trade...
Gallagher expands in Türkiye with acquisition of Aspera
This move marks further investment by Gallagher as the country increasingly becomes as a strategic insurance hub between Asia and Europe, Alex Nagler, CEO of Gallagher in Europe London: Gallagher today announced it has acquired Türkiye-based Aspera Sigorta ve...
Govt notifies cashless treatment scheme for road accident victims nationwide
"Any person being a victim of a road accident arising out of the use of a motor vehicle, occurring on any road, shall be entitled to cashless treatment in accordance with the provisions of this scheme," the notification said. NEW DELHI: Complying with the undertaking...