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HP to develop Rs 3,500 cr disaster resilience infrastructure: CM
The Western Himalaya was an ecologically fragile region where disasters have significantly increased in recent years.There is a need to move beyond conventional development models by integrating disaster resilience into infrastructure planning, strengthening early...
Apple sues OpenAI, two former employees for trade secrets theft
The lawsuit sets up a battle over who will control future AI devices that may not use traditional apps or operating systems — devices which, if successful, would direct consumer attention away from Apple's best-selling iPhone. Analysts believe OpenAI is working on a...
NITI Aayog convenes a stakeholder consultation on implementation of SHANTI Act 2025
Stakeholders examined the financial mechanisms and risk-mitigation frameworks needed to support the Act’s implementation. The discussion also covered suitable insurance arrangements for long-term projects, along with strategies to strengthen public awareness,...
July rainfall brings relief, Yet agriculture risks remain: CRISIL
"Current Using its Deficient Rainfall Impact Parameter(DRIP) scores point to significant stress in Karnataka, Bihar, Uttar Pradesh, Andhra Pradesh and Telangana, with milder stress evident in Haryana," the report said. New Delhi: Early July rains have eased immediate...
Google appeals Indian ruling over its ads platform, citing consumer harm
The May decision could reshape the online ads market in a country where Google last year earned $4.1 billion in gross advertising revenue but where it is also facing a raft of antitrust cases and court battles. NEW DELHI:- Google has challenged an Indian court...
WhatsApp submits reply on ‘username’ notice; govt examining messaging platform’s response: Sources
The Centre issued a notice to Meta last Wednesday, questioning the proposed username feature on WhatsApp, flagging concerns that it could materially increase incidents of online fraud, phishing, digital-arrest scams and impersonation attacks. New Delhi:Meta-owned...
No app can block new 1600 govt calls, DND app can block calls from 140 series: TRAI
The regulator said that it has mandated the use of 1600 series numbers for service and transaction calls by regulated entities of banking, financial services and insurance entities regulated by RBI, SEBI, IRDAI and PFRDA to their existing customers and by government...
Life insurance new business premiums rise 16.6% in Q1 on private insurers’ growth: Report
The report said the industry's new business premiums reached Rs 1.09 lakh crore in Q1FY27, while private insurers continued to outpace the overall market, strengthening their market share to nearly 40 per cent. New Delhi:India's life insurance industry started FY27 on...
Standalone health insurers grow 30.9% YoY: YES Securities
Gross Direct Premium Income (GDPI) for standalone health insurers rose 30.9 per cent year-on-year to Rs 43.7 billion in June, significantly higher than the 15.1 per cent growth recorded by private diversified insurers and the 13.2 per cent growth seen in public sector...
Policybazaar signs Amitabh Bachchan for Health and Term insurance awareness
Amitabh Bachchan Sarbvir Singh, Joint Group CEO of PB Fintech, said, " Over the years, we have invested more than ₹3,000 crore in driving awareness around insurance products. We believe Amitabh Bachchan can help make insurance a conversation in every Indian household,...
E20 may cut mileage by up to 5 pc but offers cleaner combustion, energy security benefits: Oil Min
In a detailed question-and-answer document issued to counter criticism of the Ethanol Blended Petrol Programme, the Ministry of Petroleum and Natural Gas said E20 was a "cleaner, higher-quality and more efficient fuel" than E10 or pure petrol and had been rolled out...
Japan Post Insurance and SCOR sign MoU for ceding of Postal Life Insurance Policies
The MoU covers the cession of the underwriting risks under Japan Post Insurance’s Postal Life Insurance policies and the establishment, investment and operation by SCOR of a reinsurance vehicle for risk management purposes, intended to assume underwriting risks held...
US-Iran strikes choke ship traffic through Strait of Hormuz
London marine insurers also reported seeing fewer inquiries for journeys to transit the strait and some said the cost of cover had risen, in a sign of growing caution from shipowners as the US and Iran exchange attacks. Traffic through the Strait of Hormuz came to a...
InsuranceDekho taps banks for $400 million India IPO
The offer from Girnar Insurance Brokers Pvt., backed by Investcorp and BNP Paribas Cardif, could launch this year or early 2027, with a target to raise as much as $400 million, the people said, asking not to be identified because the information is private. Indian...
FSSAI issues notices over flavoured spirits, misleading energy drink claims
In a related move, the FSSAI also served notices to six major beverage brands, including Red Bull and PepsiCo, for allegedly misbranding non-alcoholic beverages as “energy drinks”. New Delhi: The Food Safety and Standards Authority of India (FSSAI) has issued notices...
Backlash on ethanol-blend fuel intensifies in India, puts carmakers in the dock
Hundreds of motorists have posted complaints on X alleging reduced fuel efficiency and increased wear and tear of car parts from E20. One of the main complaints is that they have no option to buy unblended petrol if they prefer. NEW DELHI:Indian Prime Minister...
Aviva and AXIS launch new Lloyd’s consortium to power UK renewable energy growth
The partnership brings together two of the London Market’s leading renewable energy insurers, combining underwriting expertise and capacity across onshore wind, solar and battery energy storage systems into a single, coordinated solution. It is also the first Lloyd’s...
Coffee trader widens weather insurance shield for Vietnam farmers
The world’s second-biggest coffee trader is seeking to expand the coverage to 2,500 farmers this year, up from 500, said Laurent Bossolasco, Vietnam-based sustainability manager at ECOM. The company piloted the parametric insurance program five years ago, under which...