by AIP Online Bureau | Oct 2, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Regulation
As per a recent Crisil Ratings report, Indian companies use the Red Sea route through the Suez Canal to trade with Europe, North America, north Africa, and part of the Middle East. The country’s overall merchandise trade (exports and imports combined) in FY23 was Rs...
by AIP Online Bureau | Oct 1, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
Disruptions in key shipping routes, particularly through the Suez Canal and Red Sea, have forced vessels to take longer paths around the Horn of Africa, leading to a 15-20 per cent increase in shipping costs New Delhi: The escalating conflict in West Asia is hurting...
by AIP Online Bureau | Sep 25, 2024 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
Through the offering, ports can now secure an additional cover should certain wider events beyond their control lead to ships being diverted away from or refusing to sail to their facilities. The facility also provides additional cover for ports impacted by blockages...
by AIP Online Bureau | Aug 24, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology
Cognizant in a lawsuit filed in Texas federal court has accused Infosys of illegally accessing data from TriZetto’s software — Facets and QNXT — and using the same to develop and market a competing product New Delhi: IT major Cognizant’s...
by AIP Online Bureau | May 16, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology, Wealth Management/ Philanthropy
Sebi said it could monitor cryptocurrencies that take the form of securities as well as new offerings called Initial Coin Offerings (ICO). It could also issue licenses for equity market-related products, said the person aware of the panel’s discussions Mumbai:...
