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Red Sea war insurance costs rise after Houthi blockade, sources say
Indicative war risk premiums rose to around 0.75% of the value of a ship, from around 0.3% on Friday before the Houthi announcement, according to the sources, who declined to be identified due to the sensitivity of the matter. LONDON: The insurance cost of...
Iran and US widen attacks, raising fears for Gulf shipping and water supplies
Oil prices briefly jumped above $90 a barrel after renewed disruption to shipping through the Strait of Hormuz, but later pared gains after Iran’s Foreign Ministry said mediators had recently presented proposals to Tehran, signaling that diplomatic contacts remain...
No decision taken yet to raise ethanol blending beyond current 20%: MoS
More than 20 crore two-wheelers and over 3 crore petrol cars, including a large number of older vehicles manufactured before E20 certification, have been operating on these fuels without any verified evidence of widespread engine failure or vehicle breakdown...
Wild swings in monsoon rainfall raise risks for Indian crops and power demand
This year’s monsoon opened with India’s fifth-driest June on record and rainfall almost 40% below normal levels, followed by a sudden deluge early this month — when about a month’s worth of precipitation was dumped on cities like Mumbai in a single week. An...
Aon expands Data Center Lifecycle Insurance Program to $5 billion
"Digital infrastructure has become one of the most important and capital-intensive asset classes in the global economy.As clients build larger and more complex data center portfolios, they need access to greater insurance capacity alongside solutions that strengthen...
Indian Embassy advises nationals to postpone travel to Iran amid rising tensions
Earlier, the Directorate General of Maritime Administration (DGMA) has directed ship owners, ship managers and Recruitment and Placement Service Licence (RPSL) companies to avoid deploying Indian seafarers on vessels undertaking voyages through the Strait of Hormuz...
Facebook, Instagram face outage as users report access issues
Some Facebook users received the message "Account Temporarily Unavailable. Your account is currently unavailable due to a site issue. We expect this to be resolved shortly. Please try again in a few minutes". New Delhi: Users of Meta-owned social media platforms...
India approves Novo Nordisk’s obesity drug Wegovy for fatty liver disease
Novo Nordisk said about two in three people in India have fatty liver disease, highlighting the country's large potential patient population. Danish drugmaker Novo Nordisk said that India's drug regulator has approved its obesity drug Wegovy for the treatment of...
Drones, AI and white paint: Europe races to protect infrastructure from heat
A 2025 report by leading central banks estimated that severe weather events, including heatwaves, droughts and floods, could cut euro zone GDP by as much as 4.7% by 2030. As Europe’s railways buckle under record heat, roads melt and power grids strain, countries are...
Passenger partly sucked out of Ryanair’s Boeing 737-800 plane after cabin window dislodges
Boeing has said it was assisting the investigation led by North Macedonia, over which the incident occurred. The U.S. National Transportation Safety Board and the European Union Aviation Safety Agency are involved in the probe.A Greek prosecutor has launched a probe...
Big Plans: Howden charts course for IPO with multi-billion-dollar valuation
David Howden,Chief Executive Officer, Howden Like many sectors, insurance endured a sharp selloff after the debut of a ChatGPT enabled application that in this case enabled customers to compare insurance rates.While master of his own destiny when it comes to the...
Government warns against fake emails asking users to download e-PAN cards
The image shared along with the post showed an email carrying the subject line "Download e-PAN Card Online: A step-by-step guide", with a large "FAKE" stamp superimposed on it. The email claimed to provide instructions for downloading an e-PAN card and described the...
US issues worldwide travel caution amid rising West Asia tensions, warns Americans of potential security threats
The development comes as tensions between Iran and the United States escalated after the collapse of the 14-point MoU, signed last month, aimed at ending the hostilities between the two sides and opening the pathway for further negotiations, particularly on Iran's...
NGT issues slew of directives to Himachal Pradesh on gaps in waste management
The bench said the “state’s compliance obligations are to be understood not merely as administrative targets, but as constitutional imperatives of the highest order". New Delhi/Shimla:The National Green Tribunal has expressed dissatisfaction over the gaps in solid and...
Protecting environment a constitutional obligation, shared moral responsibility: CJI
Surya Kant,Chief Justice of India Referring to Articles 21, 48A and 51A(g) of the Constitution, the Chief Justice said safeguarding the environment is a shared responsibility and essential for ensuring a cleaner, greener and more sustainable future for coming...
Iran declares interim deal with U.S. on hold as conflict deepens
The US has violated its commitments under the deal that was signed about a month ago and now Iran is "no longer implementing them," Kazem Gharibabadi, Iran's deputy foreign minister, told state TV. The United States and Iran exchanged strikes aimed at infrastructure...
US moves to set guardrails for autonomous vehicle behavior
The goal is to craft objective safety standards “so that a manufacturer who is producing the vehicle can know with certainty whether or not the vehicle meets the requirements,” Morrison said. The Trump administration is working to develop new safety requirements...
White House launches AI clearinghouse to strengthen cybersecurity
It will allow for the exchange of information about potential vulnerabilities and is a product of the AI executive order President Donald Trump issued last month. The administration is working with the Software Engineering Institute at Carnegie Mellon University to...