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Stock markets log biggest single-day rise after suspension of India-Pak hostilities, zooms almost 3000 pts
"Confluence of positive geopolitical and economic developments – the ceasefire between India and Pakistan, coupled with a breakthrough trade agreement between the US and China – sparked the strongest daily market rally in recent times," Vinod Nair, Head of Research,...
Shriram General Insurance Q4 profit up 8% to Rs 130 cr
Looking ahead, Shriram General Insurance Company MD and CEO Anil Aggarwal said, "We are focused on diversifying our portfolio, expanding our digital capabilities, and enhancing our presence in underserved markets. We believe our strategic initiatives are designed to...
EU changes to sustainability law risk company lawsuits, legal scholars say
The EU’s plan to simplify the Corporate Sustainability Due Diligence Directive (CSDDD), which was proposed as part of an omnibus bill put forward by the European Commission in February, “is really risky,” said Thom Wetzer, founding director of the Oxford Sustainable...
AAI says 32 airports to resume operations as tensions ease on India-Pakistan border
In a statement on Monday, state-owned AAI said the 32 airports that were closed for civilian aircraft operations till 0529 hours of May 15 are now available for operations with immediate effect. "It is recommended for travellers to check flight status directly with...
Monsoon to hit Kerala coast ahead of normal onset date, positive for country’s economy
In its pre-monsoon forecast in 2024, IMD predicted rainfall across the country to be above normal, at 106 per cent of the long-period average New Delhi: The Southwest Monsoon is likely to set over Kerala ahead of its normal onset date in 2025. The India Meteorological...
Re/insurers keep a close watch on elevated Indian risks
Industry sources have said risk perception of Indian market has remained at an elevated level as the government has pronounced any act of terror from Pakistan soil will be considered as an act of war which will impact how terror covers and claims are dealt with in...
Google to pay Texas $1.4 billion in data privacy settlement
The agreement settles several claims Texas made against the search giant in 2022 related to geolocation, incognito searches and biometric data. The state argued Google was "unlawfully tracking and collecting users' private data." Google will pay $1.4 billion to Texas...
Delhi Airport sees around 100 flight cancellations on Sunday
On Saturday, India and Pakistan reached an understanding to stop all firings and military actions on land, air, and sea with immediate effect. As many as 52 domestic departures and 44 arrivals, and one international departure were cancelled. These cancellations...
Tamil Nadu Cyber Crime Wing warns of rising cyberattack threat amid India-Pakistan tensions
Sharing details about the techniques, it further added that these cybercriminals are circulating malicious content under the pretext of exclusive updates, conflict-related visuals, or leaked footage, with many of these materials carrying malware, spyware, or links to...
Nearly half of financial planners worry about AI’s data privacy, security risks: Report
"We are witnessing a pivotal moment in the financial planning profession as financial planners embrace AI to work smarter, allowing more time to engage in deeper human connection with clients such as navigating difficult conversations that impact financial...
FPIs continue to invest; inject Rs 14,167 cr in equities in May
Going ahead, global macros (declining dollar, slowing US and Chinese economy) and domestic macros (high GDP growth and declining inflation and interest rates) will facilitate increasing FPI inflow into the Indian equity, VK Vijayakumar, Chief Investment Strategist,...
Fragile ceasefire holds between India, Pakistan as Trump offers more help
Late on Saturday, India said Pakistan had violated the understanding arrived to stop firing and that the Indian armed forces had been instructed to "deal strongly" with any repetition AMRITSAR, India/ MUZAFFARABAD: A fragile ceasefire was holding between India and...
Govt to hold pre-emption right over oil, gas in national emergency: Draft rules
A pre-emption right (or preemptive right) is the legal right of a party - often a government or existing shareholder - to purchase or claim a product, asset, or resource before it is offered to others. New Delhi: The government will hold pre-emption rights over all...
Country’s legal system must evolve to govern AI technology responsibly SC judge Manmohan
Manmohan, Judge,Supreme Court "Beyond payments, FinTech is revolutionising insurance, wealth management, and financial inclusion. But rapid innovation brings new regulatory challenges. Legal frameworks must enable innovation while protecting consumers, ensuring data...
Operation Sindoor: Trump announces a full and immediate ceasefire between India and Pakistan
Trump said: “After a long night of talks mediated by the United States I am pleased to announce that India and Pakistan have agreed to a full and immediate ceasefire. Both India and Pakistan government officials said both countries have agreed to a ceasefire "with...
Indo-Pak Tension: Nadda reviews emergency health systems preparedness
New Delhi: In view of escalating Indo-Pak tension, Union Health Minister J P Nadda chaired a high-level meeting to review emergency health systems preparedness with senior officers of the Health Ministry. The current status of medical preparedness for handling...
Future terror acts to be considered an “act of war” against India
With this decision, the government headed by Prime Minister Narendra Modi seeks to draw red lines against terror incidents and makes clear its intention to firmly respond to the perpetrators and conspirators, in what is seen as a message to Pakistan -- a country...
Thane Lok Adalat awards Rs 2.2 cr compensation to kin of man killed in accident
As per the case details, Pradip Nagtilak (44) was riding pillion on his friend's motorcycle in Dombivli when it skidded, and both men sustained injuries and were rushed to a hospital, where he died within hours. This is one of the highest settlements in the district...