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India braces for unusually hot March; wheat, rapeseed crops at risk
"Maximum and minimum temperatures in northern and north-western states are likely to be significantly above average in March," said a senior official at the India Meteorological Department (IMD) MUMBAI: India is likely to record one of its warmest Marches on record,...
Platforms must take responsibility for hosted content, says Ashwini Vaishnaw
"Synthetic content should not be generated without the consent of the person whose face or voice or personality has been used to create the content. Time has come to make that big inflectional change. And I will request the platforms to cooperate with this human...
Cut costs, fix mis-selling to make insurance products affordable: IRDAI member to insurers
"The high cost of acquisition and high expenses of management (EoM) need immediate focus from all players. That is critical to improve profitability and deliver affordability and value to customers," Insurance Regulatory and Development Authority of India (IRDAI)...
Govt plans expansion of domestic maritime capabilities: Sanjeev Sanyal
Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister The central government is responding to this challenge by prioritising shipbuilding, port development, and ship flagging as critical thrust areas. Recent legislative changes have already...
India CV industry jumps 27% (YoY) in January; GST cut drives volume surge: ICRA
For the first ten months of the FY 26 r, domestic CV wholesale volumes grew by 11.3 per cent YoY, while retail volumes registered an 8.5 per cent growth during the same period. Looking ahead, ICRA expects the domestic CV industry to register a moderate YoY growth of...
Guj HC issues notices to Central and state govts on PIL flagging AI misuse for deepfake content
The petitioner requested the high court’s directions to authorities as well as to tech giants Meta, Google and X to immediately prohibit the publication, transmission, and communication of all AI-generated photographs, videos, and digital content of any Constitutional...
Don’t view all organ donors with scepticism, says HC; directs DME to permit transplant
"It's not to be forgotten that some compassionate individuals are willing to selflessly donate their organs to give a new lease of life to a family member or friend. So, it would be unpragmatic to assess every donation between nonrelatives on arithmetical scales or...
Over 1,000 construction sites in Mumbai served stop-work notices: Minister
“We are following a strict escalation matrix for violators. Construction projects failing to adhere to dust-mitigation guidelines are first given a formal intimation, followed by a show-cause notice, and then a stopwork order if they remain non-compliant,” she said....
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Marsh exploring selling its financial risk manager and life insurance broker for high-net-worth individuals in Asia
PCS provides financial risk management and life insurance services to more than 8,000 clients in about 50 markets, with offices in Singapore, Hong Kong, Shanghai, Geneva and Zurich, according to its website. Marsh is exploring a sale of its financial risk manager and...
Ecuador contracts first parametric insurance for 10k climate-vulnerable farmers, with Germany, UNDP, ISF and IDF support
The two parametric products — for extreme rainfall and drought-risk — were designed by IDF member insurance organizations AXA Climate, Guy Carpenter México Intermediario de Reaseguro S.A de C.V and Blue Marble, in partnership with the MAGP and with local insurer...
FSIB selects Hitesh Joshi as new CMD of GIC Re
Hitesh Joshi,executive director & acting CMD, GIC Re ``Keeping in view of performance of five eligible candidtes in the interface, their overall experience and extant parameters, Joshi has been recommended as the CMD of GIC Re,'' said the FSIB on Tuesday Joshi,...
AIA Australia deploys SCOR’s VClaims
Tracey Crowe, General Manager for Claims and Underwriting at AIA Australia, commented,“We are always looking for opportunities to deliver simpler, faster and more connected experiences and services to the members of our fund partners. There is no question that the...
TATA AIG launches Personal Accident policy
TATA AIG General Insurance today announced the launch of Accident Super Guard Plus, a flexible personal accident insurance solution designed to provide comprehensive financial protection against unforeseen events.The policy is available for individuals and families,...
Lockton in partnership with AdvantageClub.ai lauches employee wellbeing solution in India
Re/Insurance broker Lockton in partnership with AdvantageClub.ai, today launched ‘LocktonThrive’, its proprietary employee wellbeing solution powered by Lockton Services India designed to help organisations deliver a unified, personalised, and digital-first wellbeing...
Andamans: Helicopter carrying 7 crashes into sea, all rescued
All five passengers and the two crew members, rescued from mid-sea, have been admitted to a hospital, one of the officials said. SRI VIJAYA PURAM:The helicopter ditched into the sea around 9.30 am, reportedly due to a technical snag, while approaching Mayabunder. All...
Utkarsh Small Finance Bank’s strategic partnership with Kotak Mahindra Life Insurance
Utkarsh Small Finance Bank today announced a strategic partnership with Kotak Mahindra Life Insurance marking a significant milestone in the bank’s product expansion strategy. This collaboration significantly strengthens Utkarsh SFBL’s life insurance vertical,...