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Risks and Opportunities: Impact of U.S. Tariffs on Asian businesses
Trade credit, political risk insurance and surety to secure non-payment risk, enhance finance and protect investments are some of the mitigation solutions businesses may seek to explore By Steve Taylor, Head of Credit Solutions, Asia, Aon The recently announced U.S....
Electric vehicle registrations rise 17 pc in FY25: SIAM
Total electric vehicle (EV) registrations in the country reached 1.97 million units in FY25 against 1.68 million units in FY2023-24, posting a growth of 17 per cent New Delhi: Electric vehicle registrations in the country increased 17 per cent to 19.7 lakh units last...
Bima Sugam achieves financial closure, mops up Rs 340 crore from insurers and GIC Re
The Ministry of Finance has prohibited three PSU general insurers- Oriental Insurance Company , National Insurance Company and United India Insurance- from providing any capital to Bima Sugam as currently, they lack shareholders’ capital and they are not permitted use...
AI makes weather forecasting more cost effective and accurate
This is the first time Taiping Reinsurance is bringing high-resolution flood modeling in-house, instead of relying on coarser models developed by US risk analytics companies, said Sheldon Yu, chief executive officer at the Hong Kong-based reinsurer The weather...
Delhi’s ‘old car no fuel’ policy to kick in soon, fuel stations get cameras to scan vehicles
In March, the Delhi government unveiled its plans that fuel pumps in the national capital will not provide petrol and diesel to vehicles older than 15 and 10 years, respectively. The city has 500 fuel refilling stations New Delhi: With 477 fuel refilling stations in...
AAIB plans granular analysis of data related to incidents involving aircraft in Indian airspace
Coming under the civil aviation ministry, AAIB is responsible for classification of safety occurrences involving aircraft operating in the Indian airspace into accidents, serious incidents, and incidents New Delhi: Aircraft Accident Investigation Bureau (AAIB) plans...
Vedanta asked to pay Rs 71 cr over fly ash effluent
"The issue pertains to allegation for unauthorised disposal of fly ash. The Member Secretary… requested the company to deposit the environmental compensation of Rs 71,16,53,320," Vedanta has said in a filing to BSE. New Delhi: Vedanta has said that State Pollution...
Banks seek power to freeze accounts in illicit transactions cases to rein in cyber fraud
``Banks freeze/block accounts based on internal triggers, however, as per the Prevention of Money Laundering Act (PMLA), they do not have the authority to freeze or block customer accounts without proper authorisation from a court or law enforcement agencies (LEAs. In...
Galaxy Health to focus on southern states, eyes Rs 200 cr premium in FY 26
"We will also focus on building wellness as part of our solutions, The initial strategy is to focus on southern states like Tamil Nadu, Karnataka, Andhra Pradesh, and Telangana, the company is eyeing Rs 200 crore in premium income during this financial year, besides...
WhatsApp faces outage In India, Users report issues with sending messages
Earlier in the day, many people even faced difficulties while making payments via Unified Payments Interface (UPI). New Delhi: Meta-owned messaging app WhatsApp faced issues in India on Saturday evening, with users reporting issues in sending messages. Taking to...
Indian family undergoing rapid change impacting law and society SC Judge B V Nagarathna
Justice B V Nagarathna ,Supreme Court judge This transition, she said, is set to be propelled by a multitude of factors including greater access to common education, increasing urbanisation, greater mobility of the workforce right from individualistic aspirations and...
Major nations agree on first-ever global fee on greenhouse gases with plan that targets shipping
The agreement, reached with the United States notably absent, is expected to be formally adopted at an October meeting to take effect in 2027. The IMO, which regulates international shipping, also set a marine fuel standard to phase in cleaner fuels Many of the...
Maharashtra Cyber issues advisories to depts on online threats acts against Wikipedia Proton Mail
The departments include Maharashtra Public Service Commission, the Directorate General of Information and Public Relations (DGIPR), the Electricity Department, Maha DBT, among others, as Maharashtra Cyber and the Computer Emergency Response Team (CERT) in many cases...
AI in Insurance: GenAI tools driving over 30% productivity gains, industry leaders getting results, BCG Report
Pallavi Malani, India Leader - Insurance Practice, BCG said, “Generative AI is reshaping the insurance industry. From underwriting and claims automation to customer service and AI enabled agency channel – we expect AI to structurally change the industry. Particularly...
Nadda launches Ayushman Bharat scheme in Odisha sets Bengal as next target
J P Nadda,Union Health Minister "There were three states - Odisha, Delhi and West Bengal - where the Ayushman Bharat scheme was not implemented. However, the scheme came into operation in Odisha and Delhi after the change of government in these states. The people of...
Centre and NDMA abdicated responsibility on loan waiver for Wayanad disaster victims, says Kerala HC
"We direct the Union government/NDMA to deliberate on whether the situation projected in these proceedings calls for the invocation of the provisions of the Disaster Management Act to direct banks to waive their loans advanced to victims of the natural disaster at...
Equity MF inflow drops 14 pc to Rs 25 082 cr in Mar
According to data released by Association of Mutual Funds in India (Amfi) on Friday, equity-oriented MFs saw an inflow of Rs 25,082 crore in March, way lower than Rs 29,303 crore in February, Rs 39,688 crore in January, and Rs 41,156 crore in December New Delhi:...
Ayushman Bharat upholds dignity of elderly: PM Modi
"Now, every elderly member of a family above the age of 70, regardless of income, is entitled to free treatment. In Varanasi alone, nearly 50,000 Vaya Vandana cards have already been distributed to the elderly. This number is not just a figure -- it is a testament to...