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Vision-2047: India targets 100-pc severe weather detection, zero deaths
IMD Director General Mrutyunjay Mohapatra said the Vision-2047...
Need to develop earthquake warning systems: PM Modi
Prime Minister Narendra Modi Addressing a function to celebrate 150...
China discusses sale of TikTok US to Musk as one possible option
Under one scenario that’s been discussed by the Chinese government, Musk’s X — the former Twitter — would take control of TikTok US and run the businesses together, the people said. With more than 170 million users in the US, TikTok could bolster X’s efforts to...
Global electric vehicle sales up 25% in record 2024
Sales in China jumped 36.5 per cent to 1.3 million vehicles in December, and totalled 11 million for the whole of 2024. Global sales of fully electric and plug-in hybrid vehicles rose by a quarter last year to over 17 million cars, helped by a fourth consecutive month...
Moody’s to acquire CAPE Analytics, adds AI-powered geospatial property risk intelligence to its insurance risk models
“By combining our CAT risk models with CAPE’s AI-powered property risk intelligence, we will provide our customers with the most advanced property risk analytics available in the industry, enhancing insights and decision-making across the insurance lifecycle,” said...
WTW launches a new primary cyber insurance solution for businesses in Singapore and Hong Kong
While organisations in Asia race to adopt new technologies such as generative AI, a basic understanding is needed of the immediate, mid-term and long-term implications of these technologies for their cyber-resilience posture. Simply having a cyber insurance policy in...
Fund raising from capital markets to jump 21% to Rs 14.27 trn in FY25: Buch
Buch said in the past nine months of the current fiscal, entities have mobilised Rs 3.3 trillion in equity and Rs 7.3 trillion from the debt markets, with the overall mop-up reaching Rs 10.7 trillion. Mumbai: Overall fundraising from capital markets, including through...
IRDAI further strengthens regulatory framework, notifies 5 more regulations/amendments
These changes align with IRDAI’s broader move towards a modern, dynamic and principle-based efficient regulatory framework, said the IRDAI. Hyderabad: As a part of the comprehensive review of regulatory framework to maintain an agile, progressive, and forward-looking...
SC issues advisory against phishing attack impersonating official website
The notice said that the attackers were soliciting personal details and other confidential information. It advised the public to not share and divulge any personal and confidential information on these fake websites, as the same will enable the perpetrators to steal...
US ‘notorious markets’ report warns of risks from online pharmacies
The report says 96 per cent of online pharmacies were found to be violating the law, many operating without a license and selling medicines without prescriptions and safety warnings. Nearly all of the world's 35,000 online pharmacies are being run illegally and...
DPDP Act 2023: Insuring fines and penalties
While clarity on insurability of DPDP Act fines from an enforcement standpoint remains to be witnessed, insurance providers can play a vital role in managing risks and supporting businesses in their efforts to comply with data protection regulations The recently...
LIC’s Bima Sakhi Yojana records over 50,000 registrations within one month of launch
LIC Managing Director and Chief Executive Officer Siddhartha Mohanty said, "It is our objective to cover each panchayat of the country with at least one Bima Sakhi within one year. LIC is strengthening the Bima Sakhi stream by grooming women with appropriate skills...