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Death toll rises to 69 after a 6.9 magnitude earthquake strikes central Philippines
The Southeast Asian archipelago is one of the most seismically vulnerable countries on the planet, often experiencing more than 1,000 quakes a year A magnitude 6.9 earthquake struck in waters near the island of Cebu in the central Philippines late on Tuesday, the...
Geopolitical volatility surges into top 10 business risks for the first time, Aon study
"The dramatic rise of trade and geopolitical risk highlights a new reality: volatility and uncertainty are now constants for organizations. From evolving tariffs to shifting alliances, these forces directly impact organizations' balance sheets. Building resilience...
RBI holds rates to assess policy impact, projects higher GDP
Sanjay Malhotra, governor, Reserve Bank of India The central bank raised its GDP growth forecast for the current year to 6.8% compared with its previous estimate of 6.5% It expects inflation in the current financial year to come in at 2.6%, lower than its previous...
HDFC Life launches ‘First Call’ term campaign highlighting the importance of protecting loved ones
HDFC Life, has unveiled a new term insurance campaign titled “First Call.” The campaign ‘First Call’ has two evocative films which portray how moments of vulnerability naturally direct individuals to reach out to those closest to them. It also reminds viewers that...
Markel bolsters International War and Terrorism team with new operations manager
Markel Insurance, today announced the appointment of Clarice Francis as operations manager for War and Terrorism, effective immediately. Based at Markel’s London office, Francis will focus on enhancing operational efficiency within the International War and Terrorism...
NIA receives GST notice
The New India Assurance Company Limited on Tuesday said that it has received a Goods and Services Tax (GST) demand notice of Rs 2,379 crore. The order was issued by the Additional Commissioner of Central GST, Palghar Commissionerate, the company informed in a stock...
Zero GST Impact: Pvt sector general and health insurers slash commission to brokers and agents by 18% from Oct 1
ICICI Lombard General Insurance, Tata AIG General insurer, Star Health Insurance, niva Bupa Health Insurance, Aditya Birla Health Insurer and Care Health Insurer have already announced their decisions to reduce commission All the general insurers and stand health...
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FSIB recommends R Chander as MD of LIC
The Financial Services Institutions Bureau (FSIB) interviewed five candidates for the positions. LIC has four managing directors besides CEO and MD who heads the life insurance giant. Mumbai: FSIB, the headhunter for directors of state-owned banks and financial...
Boeing in early stages of developing 737 MAX replacement
The U.S. planemaker has also been designing the flight deck of a new narrow-body aircraft, the report said, adding that development remains in the early planning phase, with final decisions yet to be made Boeing is in the early stages of developing a new single-aisle...
OpenAI launches parental controls in ChatGPT after California teen’s suicide
Under the new measures, parents will be able to reduce exposure to sensitive content, control whether ChatGPT remembers past chats, and decide if conversations can be used to train OpenAI's models, the Microsoft-backed company said on X. OpenAI is rolling out parental...
New Zealand makes changes in earthquake-prone buildings its assessment to reduce costs
“While well intentioned, the current system for assessing and managing seismic risk in buildings places an overwhelming financial burden on building owners,” said Penk. “For many buildings, the price of strengthening runs from hundreds of thousands to several million...
SC revises compensation to over Rs 60 lakh from Rs 32.46 lakh for accident victim kin
“The aspirations of the young man were shattered by the accident which left him paraplegic and fighting for breath, which also prompted the parents to relocate to another part of the country. We are of the opinion that even if he had not obtained the certificate as a...
Govt gets 3,000 complaints of misleading discounts after GST cuts
"If there are too many complaints from different sectors, then they will be qualified for a class action. We are keeping a watch on this. We will surely take notice of anything where consumers are getting cheated with misleading discounts," Consumer Affairs Secretary...
Tata Motors’ outlook cut to ‘negative’ by Moody’s after cyber-attack halts JLR production
The cyber incident at JLR has highlighted customer relations risk under social considerations in the ESG framework, which Moody’s said was the main reason for its rating action. New Delhi: Moody’s Ratings on Monday downgraded Tata Motors’ outlook to negative from...
Govt proposes sound alert system for all electric vehicles from October 2027
The ministry in a draft notification said that all new models of electric passenger and goods vehicles manufactured after October 2026 must be equipped with AVAS, a safety feature in EVs to emit an artificial sound to alert pedestrians and other road users about their...
Mobility in Transition: Five Trends are Changing Industry’s Risk Profile
New technologies and business models are changing mobility faster than many expect. Companies that identify key trends early can secure decisive competitive advantages. Innovative solutions and experienced partners are the key to managing risks and unlocking the...