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Women & Financial Independence:Navigating insurance and long term planning
In terms of product preferences, women increasingly opt for a mix of protection and long- term savings solutions. Term insurance for financial protection, savings-oriented life insurance plans for wealth creation, and retirement solutions such as annuities are among...
Building Risk Resilience: An update for India Inc
Indian companies today are dealing with a very different risk landscape. Supply chains that break without warning, weather disruptions that are no longer rare events, growing cyber incidents, and constantly evolving compliance expectations.Add to that the pressure of...
Musk found liable to Twitter shareholders in fraud lawsuit over $44 billion takeover
The verdict from a jury in San Francisco federal court came in a closely watched civil trial where Musk, the world's richest person, was accused of falsely claiming on social media that Twitter underreported how many fake and spam accounts, known as bots, were on its...
Govt may consider OFS option for raising public float in IDBI Bank
Earlier this month, the proposed sale of a 60.72 per cent majority stake, held jointly by the government and the LIC, was scrapped after financial bids from two potential buyers reportedly fell short of the reserve price. New Delhi:The government may consider selling...
Chubb releases details structure of the Gulf Maritime Insurance Facility with DFC
The facility will provide war marine risk insurance for hull & liability as well as cargo. Coverage will be offered for war hull risk insurance, for war P&I insurance and war cargo insurance. NEW YORK:Chubb, the world's largest publicly traded property and...
Post Brexit,UK seeks closer EU ties on financial services for growth
Six years after Britain left the European Union, Keir Starmer’s Labour administration is trying to forge closer links with the bloc, and Reeves has identified financial services as a key area that can help revive the UK’s stuttering economy. As part of that, ministers...
Govt launches carbon market portal,domestic market to start within next 4 months
Manohar Lal the Union Minister for Power & Housing and Urban Affairs said the carbon market would function as a mechanism to balance emissions by allowing entities with surplus carbon credits to sell them to those falling short of compliance targets. New Delhi:The...
FPIs pull out Rs 35,475 cr this week from Indian markets, March outflows hit Rs 88,180 cr
Overall, the continued selling pressure reflects cautious sentiment among foreign investors amid geopolitical uncertainty and rising global risks.Market experts said that persistent global concerns, particularly due to tensions in West Asia and elevated crude oil...
Foetus older than 5 months would be treated as ‘person’ in eyes of law,entitled for compensation: HC
Justice Prashant Kumar of the court's Lucknow bench held that a foetus beyond a certain stage of development acquires the status of an independent life and that the loss of such a foetus cannot be ignored. It observed that the death of the unborn child must be treated...
West Asia Conflict:Trump indicates possible end to conflict,Oil price spike continues
US President Donald Trump ``We are getting very close to meeting our objectives as we consider winding down our great Military efforts. The Hormuz Strait will have to be guarded and policed, as necessary, by other Nations who use it, the United States does not," Trump...
RiverStone International launches Australian presence with company acquisition, leadership appointment and legacy transaction with Zurich
RiverStone International announced the appointment of Mark Fleiser as managing director of RiverStone International’s Australian operations LONDON/SYDNEY: RiverStone International today announced the establishment of an Australian operation, marked by the acquisition...
Safer Roads:NHAI to deploy AI powered dashcam monitoring system for 40,000 km of National Highway network
The project aims to enhance remote tracking and road condition assessments using high-resolution imagery and video data. Specialized dashboard cameras will be mounted on Route Patrol Vehicles (RPVs) to conduct weekly surveys on all the stretches comprehensively....
Crop Loss:Chouhan asks officials to expedite insurance claims to farmers
Shivraj Singh Chouhan, Union Minister for Agriculture and Farmers’ Welfare, and Rural Development Chouhan stated that the government’s focus is not limited to production alone, but also extends to the scientific assessment of crop damage, proper settlement of...
US allies see no way of opening Hormuz Strait during war
European capitals are preparing to combine military and insurance options for a post-conflict transition period.The UK has been in talks with Lloyds of London — the world’s largest insurance market — about insurance products and prices for when that happens, according...
US sending Marines and amphibious assault ship to Middle East, officials say
Even if the conflict does stop soon, there will be no rapid recovery from the upheaval caused by airstrikes and Iran’s virtual closure of the Strait of Hormuz, the conduit for 20% of the world’s oil and liquefied natural gas The U.S. military is deploying a large...
Indian gas tankers getting ready to sail through Hormuz, data shows
India’s foreign ministry spokesperson, Randhir Jaiswal, said separately on Friday that the country was “in favor of safe and unhindered movement” of India’s fleet of 22 vessels which were inside the Gulf, adding that Prime Minister Narendra Modi was talking to other...
Credit Guarantee Scheme for MFIs approved
The Credit Guarantee Scheme for Microfinance Institutions- 2.0 (CGSMFI-2.0) will cover loans disbursed by member lending institutions (MLIs), including banks and other lenders to non-banking finance company-MFIs and MFIs till end-June, the government-run National...
Airspace curbs, higher operational costs pose challenges for airlines amid West Asia conflict
Officials also said insurance premiums in the wake of the war have surged since February 28, ranging from Rs 30 lakh to up to Rs 1 crore, depending on narrow-body and wide-body aircraft.One of the officials said there is now a kind of war premium, which is about Rs...