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India among 7 countries expected to add over 500 million city residents between 2025 and 2050: UN
Despite the global shift towards city life, towns remain (in 2025) the most common settlement type in 71 countries. Countries in all regions and at diverse levels of economic development are found within this group, including Germany, India, Uganda and the United...
GIC Re pays Rs 1,445 crore of dividend to govt in FY24-25
(L to R) - V. Balkrishna, CFO, GIC Re, Parshant Kumar Goyal, joint secretary, Department of Financial Services, Finance Minister Nirmala Sitharaman, Hitesh Joshi, executive director, additional charge of CMD, GIC Re , Jayashri B, executive director, GIC Re, at the...
Govt hikes fitness test fee for over 20-year-old motor vehicles
The Ministry of Road Transport & Highways (MoRTH), in a latest notification issued on November 11, has said the higher fee slabs now begin from 10 years for commercial vehicles instead of 15 years, bringing more vehicles under the updated cost brackets. New...
Cyber attacks,Economic Slow down,Business Interruption ranked as top Indian business risks: Aon
“As cyber attacks and data privacy risks continue to rise, both in frequency and impact, Indian organisations must not only strengthen their resilience but adapt quickly to these accelerated challenges'' Rishi Mehra, CEO of India, for Aon Mumbai: Indian firms ranked...
TRAI orders mandatory adoption of 1600-series numbers by banks and insurance firms
The matter of mandating last date for adoption of 1600 series by the entities in the insurance sector is under discussion with IRDAI, and will be notified subsequently, the official statement said. The structured and time-bound adoption of the 1600-series is expected...
AI driving direct shifts in global insurance industry, says Swiss Re
Global insurance premiums are set to grow by 2.3% in real terms in 2026 and 2027. The non-life sector is forecast to see global real premium growth easing to 1.7% before recovering to 2.5% in 2027. For insurers, it means more opportunities in engineering, property and...
Red Sea Crisis: Google and Meta delay undersea cable projects
The southern Red Sea segment of 2Africa hasn’t yet been built due to a “range of operational factors, regulatory concerns, and geopolitical risk,” said a spokesperson for Meta, which leads a consortium of telecom companies developing the cable. Multiple subsea...
SBI chief pitches for national financial grid to check frauds
Speaking at the CII Financing Summit in Mumbai , SBI Chairman CS Setty said that the sector participants have come together to form the Indian Digital Payment Intelligence Corporation, a not-for-profit entity, which is a shared digital infrastructure to offer...
No firm is immune if AI bubble bursts, Google CEO tells BBC
Alphabet Chief Executive Sundar Pichai said in an interview with the BBC published on Tuesday that the current wave of AI investment was an “extraordinary moment” but acknowledged “elements of irrationality” in the market, echoing warnings of “irrational exuberance”...
UIDAI mulling to issue Aadhaar with photo, QR code to discourage offline verification
UIDAI CEO Bhuvnesh Kumar said that the authority is considering introducing a new rule in December to discourage offline verification by entities such as hotels, event organisers, etc, and enhance the age verification process using Aadhaar while maintaining the...
Need to relook at Rs 15k ceiling for mandatory pension enrolment: DFS Secy
“We need to look at it…how do we secure the future of those who earn a little more also, but have a secure future and not depend on the children in the time of old age,”Department of Financial Services Secretary M Nagaraju Mumbai: The country needs to relook at the Rs...
Everest Grp appoints Gary Haase as EVP&CEO of Legacy operation
Everest Group, announced the appointment of Gary Haase as Executive Vice President and CEO of Legacy Operations, effective December 1, 2025. Mr. Haase will lead the strategy and execution of Everest’s legacy insurance portfolios, driving capital efficiency,...
TRAI mandates pre‑tagging of variables in SMS content templates to curb fraud
Evidence from multiple Unsolicited Commercial Communications (UCC) investigations showed that the absence of predefined tagging has been routinely exploited for fraudulent and phishing activities. Absence of predefined tagging allowed unregistered or malicious URLs,...
Cloudflare outage hits X and several digital platforms globally, including India
Cloudflare confirmed in its initial update that it was “aware of, and investigating an issue which potentially impacts multiple customers”, though it did not share a cause or a timeline for a fix. New Delhi: A worldwide outage at the network of cybersecurity firm...
AIIMS,airport, public projects worth Rs20, 000 cr saved from demolition as SC recalls verdict on environmental clearances
With this recall, these projects now have a chance to be regularized under the now-revived 2017 notification and 2021 office memorandum, pending a final decision on their validity by the Supreme Court. New Delhi: The Supreme Court verdict, recalling its May 16...
Unethical practices of pharma firms: People should have proper remedy, says SC
The plea filed by 'Federation of Medical and Sales Representatives Association of India' and others sought a direction that till an effective law was enacted as prayed, the top court may lay down the guidelines to control and regulate unethical marketing practices by...
India Risk Report 2025: Resilience in the age of AI & shifting geopolitics
``While cyber, legal and technoligical risk remain top concern, the findings highlight rising preparedness and maturity in risk management practices. Yet one insight stands out -true resilience demands a culture that value adaptability , foresight and learning....
Nearly half of Indian enterprises now running multiple GenAI use cases: EY-CII report
91% of leaders reported that speed of deployment was the single biggest factor driving their buy vs build decisionsOperation (63%), customer service (54%) and marketing (33%) are the top three business functions prioritized for GenAI use cases over next 12 months76%...