Robert J Ravi,Chairman and Managing Director,BSNL Ravi said...
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PHP vulnerabilities raises concerns of systemic event for cyber insurers
A significant gap between economic and insured losses is expected...
Distribution Reforms must be built on consensus: IRDAI Chief
Ajay Seth , chairman, IRDAI Bima Sugam, the game changing e-market...
Payment Habits: 3 in 4 urban Indians use their payment app for more than payments
More than half (52%) of consumers, who were surveyed, say they would prefer a single app for payments, investments, insurance and credit.At the consumer level, the impact shortfall is rooted in trust, according to the How Urban India Pays report 2026, released by...
IMF raises 2026 global growth forecast to 3.1%, Warns of AI risks
Kristalina Georgieva, managing director ,International Monetary Fund. Growth is increasingly concentrated, with 32 countries accounting for 95 percent of global growth, the report said. That compares with 54 countries as of April. “The global economy is not simply...
Hackers heat French supermarket fridges, sparking fires and spoiling food
There was no immediate estimate of industry-wide losses, but Intermarche CEO Thierry Cotillard told BFM TV the "unprecedented" attack would represent losses amounting to "tens of millions of euros nationwide in a single day." PARIS: Hackers raised the temperature of...
Merchant Discount Rate on UPI transactions deferred, no new date announced
"UPI and Services Steering Committee today decided that, keeping in mind the festive season, Merchant Discount Rate (MDR) on select Person-to-Merchant (P2M) UPI transactions shall be implemented immediately post Diwali on a date to be notified separately," NPCI said...
Global semiconductor majors see value of their properties and inventories rise 12% to $529bn in 2025: Atrium
Nick Leppard,Head of Property Direct & Facultative at Atrium, says: “Semiconductor companies have a huge amount of capital tied up in highly specialised facilities, so any damage to these facilities can result in dramatic financial losses.There have been several...
Changing Life Insurance Market:Race for customer access
James Finucane, Head of Life & Health Economic Research at Swiss Re Institute, said: "As people take greater responsibility for their retirement, trusted advice becomes more valuable. This is changing the economics of how consumers purchase life insurance and...
SC directs centre and state govts to link accident, vehicle, insurance databases within 4 weeks
The Supreme Court directed the Centre and states to complete the integration "within four weeks from today positively" and file compliance reports, along with details sought in its previous orders, through affidavits.The directions came as the top court examined...
Protecting Growth: Indispensable Insurance for every Indian enterprises
For service-based MSMEs, particularly IT and ITES companies serving foreign clients, professional liability can be critical. A missed deadline, processing error, incorrect information or system-related mistake can cause a client financial loss and lead to an Errors...
The GenAI Revolution: Transforming insurance operations beyond automation
People need to move from asking : “Will AI take my job?” to:“Which parts of my job should AI take away so that I can do something more valuable?” Mohit Sharma, Chief Digital, AI & Transformation Officer, Generali Central Life Insurance As businesses and societies...
Cybersecurity emerges as core economic driver requiring new governance and capital allocation: WEF
To establish consistency across industries and jurisdictions, the report identified six distinct yardsticks: service continuity, recovery credibility, dependency concentration, tail-loss exposure, value preserved, and the effect of cyber posture on the cost of...