A review of shipping signals have confirmed only two commercial...
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Commerce, shipping ministries hold consultation meeting amid West Asia tensions; Inter-Ministerial Group for supply chain resilience created
"In this context, the 'Inter-Ministerial Group (IMG) for Supply...
Middle East Conflict Risks:Global reinsurers shielded by robust capital and earnings
There will be sizable insured losses, and the conflict could have...
Govt to hold pre-emption right over oil, gas in national emergency: Draft rules
A pre-emption right (or preemptive right) is the legal right of a party - often a government or existing shareholder - to purchase or claim a product, asset, or resource before it is offered to others. New Delhi: The government will hold pre-emption rights over all...
Operation Sindoor: Trump announces a full and immediate ceasefire between India and Pakistan
Trump said: “After a long night of talks mediated by the United States I am pleased to announce that India and Pakistan have agreed to a full and immediate ceasefire. Both India and Pakistan government officials said both countries have agreed to a ceasefire "with...
Future terror acts to be considered an “act of war” against India
With this decision, the government headed by Prime Minister Narendra Modi seeks to draw red lines against terror incidents and makes clear its intention to firmly respond to the perpetrators and conspirators, in what is seen as a message to Pakistan -- a country...
Seafarers stranded off Yemen port eye exit after US-Houthi ceasefire deal
Still, threat levels for shipping remained high given the Houthis' confirmation that Israeli-related assets remained open to attack and the attendant risks to broader shipping, maritime officials said. Ships with no connection to Israel had been targeted in the past...
32 airports shut till May 15 as tensions escalate between India-Pakistan
All civil flight activities at these airports will remain suspended during this period. The Airports Authority of India (AAI) has also extended the temporary closure of 25 segments of Air Traffic Service (ATS) routes within the Delhi and Mumbai Flight Information...
IPL suspended indefinitely as India-Pak clashes soar
"It does not look nice that cricket goes on while the country is at war," a BCCI official told PTI, confirming the suspension of the league, which was to wind up on May 25 in Kolkata Mumbai: The Indian Premier League (IPL) was on Friday suspended indefinitely due to...
Star Health hacker says death threats and bullets sent to executives at India’s biggest health insurer
Star Health, India's biggest health insurer, has faced criticism from customers and data security experts since Reuters reported last September that xenZen had leaked sensitive client data, including medical reports. At the time, xenZen told Reuters in an email they...
Re/insurers invoke force majeure, not to pay travel claims triggered by airport shutdown and flight cancellation
``Most of our travel policies have an exclusion that doesn’t cover situations arising due to acts of any public authority like governments forcing airports to shut down,’’ said a senior official of New India Assurance Mumbai: With major escalation of Indo-Pak tension...
UK names China as dominant threat to its national cybersecurity
Richard Horne, chief of Britain’s National Cyber Security Center “China remains the pacing threat in the cyber realm,” Richard Horne, the chief of Britain’s National Cyber Security Center, said in a rare speech on Wednesday. “The continued activity that we’re seeing...
Need of regular fire safety audits of healthcare institutions to prevent disasters: Nadda
Underlining the increased responsibility of healthcare facilities, Nadda added that “since we work with high-load equipment and highly inflammable materials like oxygen and chemicals that not only save lives, but also are inflammable and might cause a hazard....