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Middle East Crisis: How US-Israeli war on Iran is upending global business
The war has closed much of the region’s airspace and crippled Dubai and Doha airports, two of the world’s busiest transit hubs, stranded tens of thousands of passengers and forced airlines to cancel about 40,000 flights–the travel industry’s biggest disruption since...
IRDAI issues licenses to Kiwi General Insurance and Allianz Jio Reinsurance, approves draft regulations for new SBSR Act
Ajay Seth, Chairman, IRDAI In order to expedite the regulatory alignment process and incorporating reforms of SBSR Act(the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, the IRDAI granted in-principle approval for drafting and publishing the draft...
Govt says Air India plane crash probe report will be out “very soon”
"Regarding the AI171 crash that happened in June last year, the investigation is going at a very good pace, and all the resources that are required for AAIB, the primary agency which is looking into the investigation, the ministry is providing.And I would say that...
Over 1.61 lakh water samples found contaminated in 2025-26: Govt in Rajya Sabha
The number of samples tested in labs in 2025-2026 was 63.96 lakh, out of which 1.61 lakh were found to be contaminated, the House was informed. New Delhi: As many as 1.61 lakh samples of water out of nearly 64 lakh tested across the country in 2025-26 were found to be...
Lockton Re launches Agentforce 360 Platform
Robert Bisset, CEO, North America, Lockton Re, said, “Agentforce will support the streamlining of some of our sales activity, creating better informed and more digitally connected broking teams. Many of our client teams are truly global and so the ability to share and...
Aon announces first stablecoin insurance premium payment
Led by Aon's digital asset practice, this initiative builds on established digital-asset risk advisory capabilities, translating industry leading client services in insurance and risk management into practical application within the firm's own operations. Recent U.S....
Govt to curb opaque shipping surcharges amid Middle East tensions: Report
The move comes after exporters flagged sharp and sometimes arbitrary increases in logistics costs, particularly during the current geopolitical crisis that has disrupted global shipping routes and pushed freight rates higher. New Delhi: The government is preparing to...
Strengthen cyber and operational resilience amid geopolitical tensions: Nasscom
According to Nasscom, several companies have begun activating or reviewing business continuity plans for operations linked to affected countries to ensure uninterrupted service delivery in the event of regional disruptions.Organisations are also prioritising employee...
Over 3.07 crore women-led enterprises registered on Udyam till Feb 2026: Govt
Responding to a written question in the Rajya Sabha, Minister of State for MSME Shobha Karandlaje said the government has been implementing several schemes to support women entrepreneurs and increase their participation in the MSME sector New Delhi:More than 3.07...
Indian refiners seek legal view to buy sanctioned Russian oil under US waiver
The world's third-biggest oil importer gets about 40% of its oil imports from the Middle East through the Strait of Hormuz.India has been hit by the stoppage of liquefied natural gas production by Qatar and the disruption to supplies from Abu Dhabi National Oil...
India’s tech state Karnataka bans social media for children under 16
Less than one-quarter of Karnataka's population is under the age of 15, a report of a 2019-20 survey conducted by India's federal health ministry showed. The state has a population of 67.6 million, a 2025 presentation by federal government think tank Niti Aayog...
US’s DFC announces $20B plan for Maritime Reinsurance in the Gulf
Working alongside CENTCOM, DFC coverage will offer a level of security no other policy can provide. We are confident that our reinsurance plan will get oil, gasoline, LNG, jet fuel, and fertilizer through the Strait of Hormuz and flowing again to the world,said DFC...
Axis Max Life Insurance released new insights on working women cohort from the fifth edition of its flagship India Retirement Index Study (IRIS 5.0). The study evaluates urban India’s retirement preparedness across three key indices, Financial, Health and Emotional...
Markets bleed as crude spikes, Nifty drops 582 pts
The sharp fall in domestic equities comes as crude oil prices surged approximately 25 per cent on Monday to USD 116 per barrel amid the ongoing conflict in Asia, which has raised concerns over inflation and economic growth. "Indian markets are seeing a huge cut in the...
Go Digit gets GST demand notice of about ₹170 crore for FY18-FY22
Go Digit General Insurance on Saturday said it has received a demand notice of about ₹170 crore for short payment of goods and services tax (GST) for nearly five years.The company has received an order copy from the Office of the Commissioner of GST & Central...
Over 28 crore Jan Dhan accounts held by women: Sitharaman
Finance Minister Nirmala Sitharaman “When women gain financial access, they gain independence. Women now hold over 28 crore Jan Dhan accounts, bringing financial services to households across India and strengthening their financial independence,” FM Sitharaman noted...
Reinsurers scrap war-risk cover after US torpedoes Iranian ship
Indian insurers and reinsurers have canceled hull coverages in war-affected areas after GIC Re flagged its seven-zone hull war-risk plan, effective March 1. The amended plan designates high-risk waters including Pakistan, the Persian Gulf, and Iran, besides...
Farmers see critical fertilizer price surge as Iran war blocks exports,threatening losses
India buys more than 40% of its urea and phosphatic fertilizers from the Middle East. While imports could be hit, output within India has already been affected.Three Indian plants have been forced to reduce urea output as LNG supplies from Qatar have dropped sharply,...