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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,...
LIC in talks with regulators to facilitate long-term instruments to match growing liabilities: CEO
R Doraiswamy,CEO and MD, LIC . Asked if LIC is prepared for further dilution of stake by the Centre, Doraiswamy said, "We have been prepared right from day one. When we started preparing for the IPO, we were prepared for this kind of subsequent actions as well. So the...
US strikes Iranian sites after Iran launches drones, in latest Gulf flare-up
Iran’s Revolutionary Guards said they had attacked U.S. bases in Kuwait and Bahrain in retaliation for U.S. strikes and fired at four tankers trying to cross the strait without its permission. DUBAI/WASHINGTON: U.S. forces struck Iranian coastal radar sites on...
Companies reaffirm sustainability commitments on World Environment Day
Corporate India’s renewed focus on sustainability comes amid rising global concerns over climate change, extreme weather events and resource constraints. Businesses are facing increasing pressure from investors, regulators and consumers to demonstrate measurable...
Govt agencies, private companies among Indian entities given access to Anthropic’s Mythos
Described as a "collaborative effort to secure the world's most important software", Project Glasswing is Anthropic's initiative aimed at strengthening cybersecurity by giving select organisations access to Claude Mythos Preview, an advanced AI model that can identify...
India’s GDP expands 7.8% in Q4, full year growth hits 7.7%
Prime Minister Narendra Modi said the 7.7 per cent GDP growth for fiscal 2025-26 shows the foundation of India’s economy was strong, and the country can manage itself amidst the ongoing global turmoil with the collective effort of its 140 crore citizens. He maintained...
RBI says fully prepared for ‘Mythos’ cyber threat; advisories issued to regulated entities
"We have issued the required advisories. We remain fully prepared in terms of handling cyber security threats of this nature as well as conventional threats," RBI Deputy Governor Swaminathan J said Mumbai:The Reserve Bank of India (RBI) on Friday said it is fully...