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AXA & Insurance Development Forum raise $340 million Infrastructure Resilience Development Fund
This debt fund will invest in small to medium-sized commercial infrastructure projects across Latin America, Asia, and Africa. It aims to build a diversified portfolio of resilient infrastructure assets, including clean water and water management, waste management,...
Snooping not possible with Sanchar Saathi app: Scindia
Union Communications Minister Jyotiraditya Scindia repeated that activation is entirely voluntary and requires user registration. “If you register it, it will remain active. If you don’t register it, it will remain inactive,” he said New Delhi: Union Communications...
D&O Market in 2026:Geopolitics and cyber drive risk exposures
For D&O insurers, the US especially is a highly complex market due to its high frequency of securities class action claims and surging average settlement costs, which rose by 27% in the first six months of 2025 to US$56mn Asia-domiciled risks are seeing heightened...
AI-based monsoon forecasting scheme implemented
Telephonic farmer feedback surveys were conducted in Madhya Pradesh and Bihar through Kisan Call Centres after the forecasts were sent. The survey revealed that 31–52% farmers adjusted their planting decisions, primarily through changes in land preparation and sowing...
Black Sea shipping insurance rates rise after Ukraine attacks tankers
War risk rates for a typical seven-day voyage period, which are set by individual underwriters and are based on the value of the ship, rose to 0.5% for calls to Ukrainian ports from 0.4% over a week ago, shipping and insurance sources said The cost of shipping...
No proposal for merger or disinvestment of public sector banks: Govt
Replying to a question in the Rajya Sabha on whether the government has plans to disinvest four PSBs or to merge with larger banks by 2026, Minister of State for Finance, Pankaj Chaudhary, said: "Presently, no proposal on merger or disinvestment of Public Sector Banks...
Over 1,200 dead from floods in Indonesia, Sri Lanka, Thailand as rescue efforts intensify
The flooding and landslips killed at least 1,230 people, with 659 people confirmed dead in Indonesia, 390 in Sri Lanka and 181 in Thailand, authorities said Tuesday (December 2, 2025).In Indonesia, the hardest-hit nation, rescuers are struggling to access villages in...
Users free to keep or delete Sanchar Saathi: Jyotiraditya Scindia
According to the direction dated November 28, all mobile phones that will be manufactured in India or imported after 90 days from the date of issuing of the order will need to have the app “If you want to delete it, then delete it. But not everyone in the country...
Messaging Apps like WhatsApp to work only with active SIM, DoT tightens cyber norms
The Centre's latest directive means that these messaging services would only work if the SIM is present and active in the user's device. New Delhi: The Centre has issued directions that would ensure app-based communication services, the likes of WhatsApp, Signal,...
SC entrusts CBI with pan-India probe into digital arrest cases, asks States to accord assent
On November 3, the top court said it needs to deal with digital arrest cases with an iron hand, while expressing shock over the scale of such cybercrime cases in the country, with over Rs 3,000 crore allegedly extorted from victims, including senior citizens. New...
Ramakrishnan Chander takes over as MD of LIC
Ramakrishnan Chander,58, has taken charge as one of the managing directors of Life Insurance Corporation on Monday. He was earlier an executive director of the corporation, He will be retiring on Sept 30, 2027 or until further orders, whichever is earlier, said LIC. A...
RBI governor releases five-year national financial inclusion strategy
Sanjay Malhotra,,Governor,Reserve Bank of India The 'National Strategy for Financial Inclusion (NSFI): 2025-30 emphasises a synergistic ecosystem approach, improving the quality and consistency of last-mile access and effective usage of financial services.These...
Elon Musk predicts working will become “Optional” like a hobby within 20 years as AI advances rapidly
Musk explained that with accelerating progress in AI and robotics, people may reach a stage where they can choose whether to work or not, similar to choosing whether to grow vegetables at home despite having the option to buy them from a store Washington: Tesla CEO...
SC notice to Centre others on plea raising issue concerning disaster preparedness
The petioners said that the Ministry of Power and others be directed to implement quarterly safety audits, public alert systems and standard operating procedures for infrastructure maintenance, and provide immediate compensation and accountability in case of...
Auto sales remain strong in Nov, Maruti Suzuki records its highest-ever monthly sales at 229,021 units
Commenting on the performance, Tarun Garg, Wholetime Director and Chief Operating Officer at Hyundai Motor India, said the growth was "supported by GST 2.0 reforms," adding that the company's "commitment to bolstering India's role as a global manufacturing hub"...
Govt considering legislative amendments to push private investments in nuclear space: Shripad Naik
Shripad Naik, Minister of State (MoS), Power The Civil Liability for Nuclear Damage Act provides prompt compensation to the victims for damage caused by a nuclear incident through a no-fault liability regime New Delhi: The government is considering amendments to the...
FM says Finance Ministry does not advise LIC on investments, Adani investments as per SOPs
"The Ministry of Finance does not issue any advisory/direction to LIC in connection with matters related to investment of LIC fund.The investment decisions of the state-owned insurer, she said, are taken by "LIC alone following strict due diligence, risk assessment...
Govt orders smartphone makers to preload state-owned cyber safety app
In tackling a recent surge of cyber crime and hacking, India is joining authorities worldwide, most recently in Russia, to frame rules blocking the use of stolen phones for fraud or promoting state-backed government service apps One of the world's largest telephone...