French insurer AXA SA said that it has provided liability insurance...
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Gold, silver prices hit fresh highs amid global uncertainties
Spot gold price surged 1.45 per cent at $4,575.82 an ounce, after...
India to deepen engagement with Singapore-based ship safety agency
Overall, ReCAAP engagement with the law enforcement agencies has...
ICAI to help Sebi tackle financial frauds
ICAI President Charanjot Singh Nanda on Saturday said the institute will set up a working group and hold discussions with Sebi to finalise the various aspects that will be looked into with respect to tackling financial frauds New Delhi: Chartered accountants' apex...
UK-India investment treaty lets companies sue government
The Investor-State Dispute Settlement (ISDS) mechanism is aimed at protecting companies against possible unfair treatment under local laws, and will be included in an investment treaty that is expected to be struck alongside a free trade agreement shortly LONDON: An...
Denmark plans $1 billion war insurance for its merchant fleet
Denmark plans to set aside almost $1 billion to insure its merchant fleet in the event of a war or major crisis. The government proposed the new legislation as a “timely precaution,” according to a statement on Thursday. The funding would establish a state-backed war...
Rain, lightning strikes kill 7 in north India; 200 flights delayed, J-K highway closed
Flash floods were triggered in the Chenab River, prompting the authorities in the Reasi and Akhnoor sectors to issue warnings against venturing near the riverbank."Vehicular movement has stopped from both sides on the Jammu-Srinagar National Highway due to mudslides...
Allahabad HC seeks details after UP says 82 bridges in state ‘unsafe’
"A detailed chart regarding the location and life of the bridges shall also be placed on record so that effective monitoring of bridge safety is considered and implemented in a planned manner by the State Government," the order said Lucknow: The Lucknow bench of the...
Zombie ships fast becoming a feature of Venezuelan oil trade
The use of zombie tankers allows dark fleet operators to circumvent restrictions on transporting oil. The ruse is gaining attention within the maritime community, which has long tracked the emergence of a parallel system, including operators, insurers, traders and...
Blackout- Spain and Portugal companies count the cost
Spain’s main business lobby CEOE estimated the outage would shave 1.6 billion euros ($1.82 billion), or 0.1%, off gross domestic product, noting it could take oil refineries a week or more to resume their operations fully, and that some industrial ovens had been...
‘100 pc fruit juice’ claim by Dabur violates law, misleading: FSSAI to Delhi HC
The writ petition filed by Smita Singh, Assistant Director with the FSSAI dated April 22, challenged Dabur against the “100 per cent” claim stating that the juices contain water and fruit concentrates. In addition, the term “100 per cent” is also not a recognised for...
Into the Cyberverse: Industry must prioritise product innovation and investment
Luke Foord-Kelcey, Global Head of Cyber, Howden Re, commented, “Cyber is maturing into a distinct asset class with diversified reinsurance product offerings. Cedents must continue to evaluate reinsurance purchasing strategies critically and holistically, ensuring...
Hackers target ransomware by disrupting Marks & Spencer Group
A group of suspected cybercriminals hit the company with a kind of ransomware known as DragonForce London: A ransomware attack is the cause of a disruption at Marks & Spencer Group Plc., with hackers using a potent kind of malware to lock down some of the British...