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Global risks enter “Age of Competition” as geoeconomic tensions dominate 2026 outlook: WEF
Societal pressures remain deeply interconnected with these economic and geopolitical stresses. Inequality was identified as the most interconnected global risk for the second consecutive year, closely linked to economic instability, misinformation and declining trust...
AM Best maintains stable outlook on India’s non-life insurance segment
“India’s long-term economic outlook remains favourable for non-life insurance growth despite the near-term moderation,” said Chris Lim, associate director, analytics, AM Best. Singapore: International rating agency AM Best has maintained its outlook on India’s...
Anuj Tyagi quits as MD&CEO of HDFC ERGO General Insurance
Anuj Tyagi, MD & CEO, HDFC ERGO General Insurance The board of the company has already initiated a structured sucession process to ensure continuity and stability. Tyagi will work with the team till mid April to ensure a smooth transition in keeping with the...
Indian stock exchanges to remain open on Sunday for Union Budget 2026
Nirmala Sitharaman,Union Finance Minister The Budget Session of the Parliament will commence on January 28 and will continue till April 2.Finance Minister will begin the presentation of the Budget at 11 a.m. in the lower house on February 1, the Speaker said in...
Allianz Risk Barometer 2026: Cyber remains top business risk but AI fastest riser at no 2 in Asia Pacific
"Following the volatility and uncertainty of 2025, businesses continue to face interconnected and highly complex risks in 2026's fast-changing environment. Given the continuing rise of AI across society and industry, it is unsurprising that it is the big mover in the...
SC reserves judgement on father’s plea seeking passive euthanasia for son in coma for over 12 years
Passive euthanasia is the intentional act of letting a patient die by withholding or withdrawing life support or the treatment necessary to keep him alive. New Delhi: The Supreme Court on Thursday reserved its judgment on a plea filed by the father of a 31-year-old...
Allianz Jio Reinsurance applies for a license from IRDAI, starts leadership hiring
``We are witnessing a secular trend in business momentum across all our operating verticals, which has now gained significant velocity.As we continue to build depth, capability and market presence, we are well-positioned to shape the next phase of financial services...
RBI issues norms for internal ombudsman in banks, NBFCs
The directions have been issued with a view to strengthening the internal grievance redress mechanism within regulated entities and ensuring a speedy and meaningful resolution of customer complaints by enabling a review by an apex-level authority within the entities,...
HDFC Life’s net profit remains flat at Rs 421 crore
Vibha Padalkar, managing director and CEO of HDFC Life, said, “The life insurance sector saw an acceleration in momentum during the third quarter, supported by recent policy reforms and a rising preference for protection-led solutions. The GST exemption acted as a...
Tiger Global SC ruling to prompt fgn investors to reassess holding structures: Tax experts
"The ruling reinforces the significance of the anti-avoidance framework and substance-driven treaty interpretation. Taxpayers should re-assess their existing arrangements in light of the principles laid down by this decision," Grant Thornton Bharat Tax Partner Richa...
Pilots’ body FIP serves legal notice to AAIB in relation to Ahmedabad plane crash probe
In connection with its probe into the crash, AAIB has summoned Captain Varun Anand, nephew of the late Sabharwal and a narrow-body aircraft pilot with Air India. Anand is also a member of the Federation of Indian Pilots (FIP). In the legal notice, FIP said the...
Over 3.3 lakh deaths in 2-wheeler accidents from 2019-23, govt working to make roads safer:Gadkari
"The government is working to make roads safer for two-wheelers. It has made the anti-lock braking system (ABS) mandatory for all two-wheelers, including less than 125 cc, manufactured after January 1, 2026," said Union Road Transport and Highways Minister Nitin...
Alliance Insurance Brokers appoints Aatur Thakkar as CEO and Principal Officer”
Mumbai based Alliance Insurance Brokers has appointed Aatur Thakkar as its CEO and Principal Officer, succeeding founder Shashikant Thakkar, who will continue in a strategic advisory role. Under Aatur’s leadership, the company aims to scale premiums under management...
Bajaj Gen Insurance unveils a rider exclusively for fetal health
Bajaj General Insurance on Wednesday unveiled ‘Fetal Flourish’, a pioneering insurance rider crafted exclusively for fetal health. This unique solution extends financial support for advanced in-utero procedures and high-risk pregnancies, an area that has long remained...
Air India cancels some US flights due to Iranian airspace closure
"Some Air India flights where currently rerouting is not possible are being cancelled," the airline said, and regretted the inconvenience caused to passengers due to this unforeseen disruption. Air India uses Iranian airspace for flights to the US and Europe, and the...
Finmin launches Paripoorna Mediclaim Ayush Bima for CGHS beneficiaries
The policy provides indemnity-based in-patient hospitalisation coverage within India, with sum insured options of Rs 10 lakh or Rs 20 lakh.To be provided by state-run New India Assurance, the other features include that the room rent is capped at 1 per cent and 2 per...
Geo-economic confrontation tops global risks for 2026: WEF Report
Anxiety over artificial intelligence outcomes rose substantially, moving into the top risks on the long-term horizon due to concerns about labour markets, social disruption, and security implications. New Delhi: The World Economic Forum's Global Risks Report 2026 has...
PFRDA constitutes high-level committee to overhaul NPS payouts
According to the Finance Ministry, the committee is established as a standing advisory committee on structured pension payouts. New Delhi: In a move to improve retirement security, the Pension Fund Regulatory and Development Authority (PFRDA) has constituted a...