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India’s Construction Sector: Insurers increase focus on risk and project governance, Aon report
“India remains a dynamic and rapidly expanding construction market within the Asia Pacific region. Large-scale developments face a range of natural hazards, including floods and earthquakes, with increasing focus on robust risk management from the outset. To navigate...
Latur tribunal cancels gift deed after man fails to take care of 89-year-old grandmother
After examining the gift deed, documentary evidence and submissions from both sides, the tribunal observed that the obligation to maintain and care for senior citizens is not merely a moral responsibility, but a legally enforceable condition when property is...
UK’s IGI secures license to operate in India’s GIFT City
``This also furthers our diversification, and our strategy of having a physical presence in our key regions around the world. We look forward to building a strong local team and supporting both facultative and specialty treaty reinsurance clients in this fast-growing...
Maximum Information launches PsiClone ahead of North Atlantic hurricane season
“PsiClone is designed to help close that gap by connecting live forecast data directly to exposure monitoring and operational decision-making. The goal is to help insurers and stakeholders respond earlier and reduce the time to payout when it matters most,''Tom Philp,...
India set to become the world’s 3rd largest economy by 2031: S&P
While robust corporate and banking sectors provide a vital cushion against immediate shocks, maintaining India’s upward trajectory will require deft management of energy security, fiscal resilience, regulatory interventions and trade diversification, suggested...
Iran, Israel hold fire temporarily
Tehran has continued to block most shipping through the Strait of Hormuz, which before the war carried a fifth of the world's crude oil and liquefied natural gas. Washington has imposed its own blockade of Iranian ports. DUBAI/JERUSALEM: Iran and Israel said on...
Thai watchdog sues Volvo cars unit
Next week Thailand’s Office of the Consumer Protection Board will send the first case, which is seeking 1.2 million baht ($36,750) in damages Thailand’s consumer watchdog has approved the filing of a civil lawsuit against the local unit of Volvo Cars and its repair...
Red Sea tensions rise as Houthis target Israeli ships
The move comes as the Iran war drags into a fourth month and hostilities flare across the region, threatening to derail a fragile truce and complicate negotiations toward a peace deal. The conflict has led to the near-closure of Hormuz, forcing key Middle Eastern...
Hedge funds tap growing market for disaster risk
Now, some of the world’s biggest hedge funds and banks want to incorporate the expertise of catastrophe-risk professionals across a broader chunk of the finance sector, as the skills required to model natural disasters become increasingly relevant for asset values in...
AB PM-JAY beneficiaries avail over 12 crore treatments worth more than ₹1.82 lakh crore:Nadda
Referring to findings published in The Lancet, he noted that nearly 90% of eligible cancer patients under the scheme were able to access treatment within 30 days, demonstrating the programme's role in improving timely healthcare access. New Delhi:Jagat Prakash Nadda,...
India’s crime rate falls 6%, Cybercrime crosses 1 Lakh cases: SBI
Digitization increases the chances of detection through tools such as UPI, FASTag and digital surveillance, raising the expected cost of committing crime. Areas with more CCTV cameras saw a slight drop in crime between 2022 and 2024, with a correlation of -0.148. New...
India Health Quotient: Balancing Physical, Mental, Financial, Occupational and Social wellbeing
"Health conversation in India is changing, people are no longer asking just how do I get treated, but how do I stay well.India scores 65 out of 100 across five dimensions of health: physical, mental, financial, occupational and social. Financial dimension scores the...
Fire reported on oil tanker with 24 Indian seafarers; all crew safe, says shipping ministry
The Madagascar-flagged MT Marivex reported a fire around 1.30 pm IST, Opesh Kumar Sharma, a director in India’s Ministry of Ports, Shipping and Waterways, said at a news briefing. New Delhi: A fire was reported aboard an oil tanker carrying 24 Indian seafarers off the...
Majority of aviation insurance professionals rank geopolitical instability as the sector’s biggest threat: IUAI survey
"The findings highlight a continued shift towards risks that are systemic, interconnected and often originate outside the aviation sector itself. Geopolitical instability, claims inflation, cyber threats and supply chain disruption all have the potential to create...
TCS wins multimillion-euro AI powered services transformation deal with Canada Life
As part of the agreement, TCS will leverage its AI & digital capabilities to modernise and manage Canada Life’s data centres, core infrastructure, end-user computing, and software lifecycle management. The transformation will help improve operational resilience,...
A 7.8 magnitude quake in the Philippines kills at least 19, fells buildings and sets off a tsunami
It was the strongest quake to strike the Philippines this year, and was was centered at sea off Mindanao, the second most populous island in the Philippines. According to Bacolcol, the quake occurred at a depth of 33 kilometers (20 miles), about 32 kilometers (20...
High fuel costs to trigger airline failures and consolidation, industry chief says
Budget carriers have been among the hardest hit, lacking higher margin revenue streams such as premium cabins, high-paying travelers and credit card loyalty programs. The strain is already showing: U.S. budget airline Spirit Airlines collapsed last month, and it will...
NSE investor accounts cross 26 crore milestone as mobile trading and tier-2/3 cities drive participation
The growth is being driven by rapid digitisation and penetration beyond metros. Mobile trading platforms now account for more than a fifth of cash market turnover, while a simplified KYC framework has lowered entry barriers. Maharashtra leads with 4.4 crore accounts,...