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Cyclone Montha lashes India’s east coast; kills one
India's weather department has forecast extremely heavy rain on Wednesday for the coastal states of Andhra Pradesh, Odisha, Telangana and West Bengal with wind gusts of up to 90 kmph. The cyclone is expected to weaken to a deep depression later in the day....
Go Digit records a 31 per cent rise in net profit to Rs 117.00 crore in Q2 2026, ropes in former Defense Secy Aramane as independent director
Giridhar Aramane, former Defense secretary The company has appointed Giridhar Aramane, former Defense secretary as non-executive Independent director and . Michael Wallace as non-executive director, effective November 1, pending shareholder approval Mumbai: Go Digit...
India aims 70 pc carbon emission cut per tonne of cargo by 2047: Sarbananda Sonowal
“With our unique geography along key global trade routes, India is well placed to become a hub for green shipping corridors, connecting domestic and international markets through clean energy trade. To harness this opportunity, India has launched Green and Digital...
Star Health Q2 net profit falls 54 pc despite rise in revenue
Anand Roy ,MD and CEO, Star Health Insurance The fall in profitability comes despite improved topline performance, suggesting pressure on margins likely due to higher claim ratios and increased operating expenses Mumbai: Star Health and Allied Insurance Company on...
Trai, DoT concur on the view to display original name of caller by default
The exercise to start CNAM service across the globe started to prevent subscribers from fraud calls and check cyber crime activities like digital arrest, financial frauds etc. New Delhi:The telecom regulator Trai has agreed with the Department of Telecom to enable, by...
Study estimates 900 square kilometres of land across five Indian megacities subsiding
Land subsidence can compound threats from flooding and earthquakes. When the ground beneath a city sinks unevenly, it can weaken foundations, damage utility lines, and amplify structural vulnerability, said researchers , including those from the US' Virginia...
Demographic Transition: India’s Emerging Silver Economy
The approach towards elderly support that prioritises family and community-led initiatives while ensuring financial security, digital literacy training, long-term care insurance, digital healthcare access, assistive technologies, and engagement platforms are crucial...
JBA Risk Management to set up India operation, to meet growing demand for flood intelligence
India’s banking sector is increasingly recognising the impact of climate-related risks - particularly flood - as a major contributor to non-performing assets. A host of planned transformative infrastructure projects for example will also need comprehensive feasibility...
IIA Annual Event 2025
Date: October 30, 2025 Venue: Fairmont, Mumbai Theme: AI In Insurance Keynote Speaker: K. Rajaraman, Chairperson, International Financial Services Centres Authority (IFSCA) Special Address:Abhishek Singh, CEO, IndiaAI Mission For any questions or assistance, email...
Category 5 storm Hurricane Melissa threatens to bring widespread destruction to Jamaica
Jamaica’s losses will range between $5 billion to $16 billion, depending on the exact track across the island, said Chuck Watson, a disaster modeler with Enki Research. There will likely be another $5 billion of losses in Cuba. From there, the storm is forecast to...
WHO launches new country guidance for health emergency coordination
Health emergencies are becoming more frequent and complex, driven by factors such as climate change, urbanization, geopolitical shifts, and increased global mobility. The World Health Organization (WHO) has released a comprehensive guide, the National Health Emergency...
LM Re appoints Andrew Aldwinckle as International Casualty Chief Underwriting Officer
Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has appointed Andrew Aldwinckle as International Casualty Chief Underwriting Officer (CUO), effective 1 February 2026. Based in London, Aldwinckle will oversee LM Re’s international casualty...
HSBC to take $1.1 billion hit after Luxembourg court ruling in Madoff case
Madoff’s fraud was estimated as much as $64.8 billion, making it the biggest-ever Ponzi scheme, a kind of fraud whereby old investors are paid off with funds from newer ones while the organizer siphons off some of the money for themselves HSBC Holdings said on Monday...
HK startup aims to launch satellites for 3D wind data, report
The satellites should be able to provide global coverage of data that could be supplied to the aviation, shipping and insurance industries. It could also be used by wind-farm operators, Chief Executive Officer of Stellerus David Liu said Hong Kong startup Stellerus...
Tens of thousands evacuated as cyclone Montha gains strength
The cyclone is likely to turn into a severe storm by Tuesday, before crossing the coast of Andhra Pradesh later in the day, the India Meteorological Department (IMD) said HYDERABAD: India moved 50,000 people to relief camps on Monday as it began evacuations a day...
Govt plans to hike foreign investment cap in state-run banks to 49%, source says
Foreign interest in India's banking industry is on the rise as evidenced by Dubai-based Emirates NBD's recent $3 billion purchase of a 60% stake in RBL Bank and Sumitomo Mitsui Banking Corp's $1.6 billion acquisition of a 20% stake in Yes Bank which the Japanese...
Australia sues Microsoft over AI-linked subscription price hikes
The Australian Competition and Consumer Commission (ACCC) alleged that from October 2024, the technology giant misled about 2.7 million customers by suggesting they had to move to higher-priced Microsoft 365 personal and family plans that included Copilot Australia's...
Inclined to entrust CBI with investigation of all digital arrest cases: SC
The top court noted the submissions of Solicitor General Tushar Mehta, appearing for the CBI, that cyber crime and digital arrest cases are originating from off-shore locations like Myanmar and Thailand and directed the probe agency to come up with a plan to probe...