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DGCA issues new guidelines for aircraft operators flying VVIPs
The guidelines, applicable for non-scheduled aircraft and helicopter operators carrying VVIPs, also come against the backdrop of the fatal plane crash in January that killed Maharashtra Deputy Chief Minister Ajit Pawar and four others. New Delhi:Aviation regulator...
Govt cheers OIC crossing Rs 20k gross premiumin in Fy 26, reiterates its continued support for PSU insurers
OIC poised to introduce forward-looking solutions like Sarvatra Suraksha Parametric Insurance Policy, Nil Depreciation Comprehensive Policies, including long-term variants and Surety Bond Insurance, aligning with evolving risk landscapes and national priorities. New...
Generali brings Krishnamoorthy Rao back as MD&CEO of its indian general insurance JV
Rao, with over three decades of exeprience, will succeed Anup Rao in Generali Central Insurance.Rao is an old hand for Generali as he was heading Generali's earlier non-life joint venture with Kishore Biyani's Future group. Mumbai: Italian major Generali has appointed...
Investors’ wealth slumps Rs 8.86 lakh cr amid geopolitical chaos, surging oil prices
"Investor sentiment remained fragile due to a lack of clarity surrounding geopolitical tensions between the US and Iran, which once again pushed crude oil prices above the USD 100 mark. In addition, persistent FII (Foreign Institutional Investors) outflows and sharp...
Trump extends deadline for striking Iranian energy plants to April 7
The war has massively disrupted shipping, sending crude oil prices up around 40%, seen liquefied natural gas prices spike, and prices for nitrogen-based fertilizers, critical to food production, rise around 50%. U.S. President Donald Trump said he would again extend...
US insurance program meant for Strait of Hormuz to begin soon:Scott Bessent
Scott Bessent,US Treasury Secretary Although the program was first unveiled March 3, there’s no evidence that any vessels benefiting from the initiative have passed through the strait, a chokepoint for roughly a fifth of global oil and gas flows. Treasury Secretary...
India workforce growth projected at 4.7% for HY1 FY26-27: Report
Geographically, hiring is concentrated in capability-driven urban centers rather than being dictated by population scale alone. Bengaluru led the country with 67.9 per cent employer expansion intent, followed by Hyderabad at 57.8 per cent and Pune at 56.1 per cent....
Financial literacy a “core life skill” to secure savings, says Shamika Ravi
Shamika Ravi, Member of the Economic Advisory Council to the Prime Minister, explained that while increased digitalization has simplified access through phones, it has not necessarily improved understanding of sophisticated products. She questioned why traditional...
Mule networks biggest fraud threat for Indian firms: India Fraud Report 2026
Commenting on the findings, Sandesh GS, CTO, Bureau, said, "What gives us a real edge today is the network effect at scale. When you analyse identities and devices across ecosystems, you begin to see how the same fraud patterns, tools and behaviours repeat across...
Of all lung cancer patients, 40 pc never smoked: BJP MP demands national screening programme
Raising the matter during Zero Hour in the Upper House, Desai cited findings from All India Institute of Medical Sciences (AIIMS), New Delhi, which revealed that of approximately 1,00,000 new lung cancer cases diagnosed in the country every year, around 40 per cent...
Health insurance premium hikes driven by ageing policyholders,higher coverage, enhanced features and not due to inflation, says Govt
As per Bima Bharosa portal of IRDAI, during FY 2024-25, 1,37,361 general and health insurance grievances were reported, out of which 1,27,755 (93%) were disposed of during FY 2024-25 itself. New Delhi: What is is forcing the insurers to jack up the health insurance...
India among 5 nations granted passage through Strait of Hormuz by Tehran
“We have permitted certain countries that we consider friendly to pass through (Strait of Hormuz). We allowed China, Russia, India, Iraq, and Pakistan to transit,” Iranian Foreign Minister Seyed Abbas Araghchi said, according to Iranian State TV. Tehran/New Delhi:...
West Asia Conflict: Risks extend beyond marine into energy, political violence, aviation, trade credit says Howden
Demand for Political Violence and Terrorism cover has risen sharply, particularly among Western operated assets in the Gulf, with pricing multiples increasing and underwriting becoming more selective. Aviation, cyber and trade related lines are also seeing elevated...
Iran woking on a draft bill to impose a fee on vessels seeking safe passage through Strait of Hormuz
According to the semi-official Fars, the plan would be finalised next week, and would legally recognize Iran’s oversight of Hormuz, a vital conduit which connects some of the world’s largest oil and gas producers in the Persian Gulf with the wider world. The Iranian...
Lagos State goes live with Parametric Flood Insurance policy, Protecting up to 4 million people
The parametric flood-risk product was designed by a team of Insurance Development Forum(IDF)member insurance organizations in partnership with the Lagos State Government, including AXA Climate, AXA Mansard in Nigeria, Swiss Re, flood modeler JBA Risk Management,...
Singapore general insurance market’s gross written premiums rise 8.4% to S$6.09 billion in 2025
Despite the higher claim environment, the domestic segment strengthened its underwriting performance. Underwriting profit rose 32% to S$289 million in 2025, up from S$219 million in 2024. This reflects the continued resilience of Singapore’s general insurance market....
Allianz Jio Reinsurance appoints Sonia Rawal as CEO,begins operations
Sonia Rawal as chief executive pfficer, Allianz Jio Reinsurance “Allianz Jio Re is well positioned to provide insurers with innovative and robust risk solutions. The joint venture will support India's insurance sector by combining global technical expertise with a...
SEBI Chairman launches Verified App Label initiative to protect investors from digital fraud
SEBI Chairman Tuhin Kanta Pandey noted that the regulator is prioritizing the safety of a rapidly expanding investor base that now exceeds 140 million unique participants. He explained that with more than 140 million unique investorsIndia's securities market currently...