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Frequent disasters expose climate risks to infrastructure in South Asia
The Himalayan region, which crosses Nepal and several nearby countries including India, is especially vulnerable to heavy rains, floods and landslides because the area is warming up faster than the rest of the world due to human-caused climate change. Climate experts...
India recorded over 15 lakh cancer cases in 2024: Govt
``The incidence of cancer is rising steadily in the country – from 13.5 lakh in 2019 to 15.3 lakh in 2024. In 2020, 13.9 lakh cases were diagnosed. The cases spiked to 14.2 lakh in 2021, to 14.6 lakh in 2022, and 14.9 lakh in 2023 .8.2 lakh patients are estimated to...
Sebi chief urges redefining role of independent directors as stewards of accountability
Role of independent directors requires a change in multiple areas. They must feel free to dissent and be well-versed in emerging risks such as AI governance, cyber threats, and ESG disclosures New Delhi: Capital markets regulator Sebi chief Tuhin Kanta Pandey on...
Navi Technologies changes its name to Navi Limited
Navi Technologies Limited, promoter of Navi General Insurance, on Friday officially changed its name to Navi Limited. ``The new name fits who we are today. Not only are we a technology provider, we are a full-fledged destination for financial services for our...
HDFC Life ties up with Northern Arc Capital
HDFC Life and Northern Arc Capital have come together to forge a strategic partnership that would enable latter to offer individual as well as group life insurance solutions of HDFC Life to its customers . The synergy between Northern Arc's grassroots penetration and...
India may well become OpenAI’s largest market: CEO Sam Altman
“India is one of the most dynamic countries in the world for AI development, with adoption and innovation accelerating at remarkable speed,” said Jason Kwon, Chief Strategy Officer, OpenAI. New Delhi, India is OpenAI’s second-largest market in the world after the US,...
AI Shakeup: $283 billion Indian outsourcing sector can shed 5 million jobs
"With cost optimization being the key driver for new deal wins, clients are asking for productivity benefits - a trend which is also growing due to the rise in AI adoption. This requires IT firms to do more work with the same number of employees or the same work with...
India data breach costs reach new record level Of Rs 22 crores: IBM Report
“India's accelerating AI adoption brings immense opportunity, but it's also exposing enterprises to new and complex cyber threats. The absence of access controls and AI governance tools is not just a technical oversight; it's a strategic vulnerability. CISOs must act...
Govt extends PM E-DRIVE Scheme by two years till March 2028
According to a gazette notification on the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme, the provisions of the scheme will now be in effect till March 2028 instead of March 2026. However, the terminal date for registered e-2W...
EV sales jump 93% in July, domestic automobile retail sales declined 4.31%
"This momentum signals that India's EV transition is steadily moving beyond early adopters into mainstream consumer and fleet markets," FADA President CS Vigneshwar stated New Delhi: Electric passenger vehicle retail sales jumped 93 per cent year-on-year in July, led...
81pc Indians use Facebook,Instagram and WhatsApp to discover financial products: Report
"The digital platforms play a key role throughout the decision-making journey for specific products, including loans (86 per cent), investments (84 per cent), insurance (78 per cent), and savings (82 per cent), the report stated." said Shweta Bajpai, Director...
Govt takes various measures to check road mishaps: Gadkari
Around 5 lakh accidents occur in India (annually) and around 1.80 lakh people lose their lives to such incidents, Nitin Gadkari,Union Minister of Road Transport & Highways New Delhi: The government has taken various measures to check road mishaps, Union Minister...
GIC Re net profit sees a record rise of 70 % to Rs 1,752 crore in Q1FY26
N Ramaswamy, CMD, GIC Re Combined Ratio improves by 2.66% to 106.94% ,underwriting losses fall 30 per cent to Rs 907.76 crore, gross investment income increases by 18.37% to Rs 3,228.51crore ``In a bid to fortify our balancesheet further, we have started the practice...
LIC’s net profit rises 5% to Rs 10,987 crore in Q1FY26, pauses on Health Insurance foray till new Insurance Bill
R Doraiswamy, CEO & MD, Life Insurance Corporation ``We will wait for the proposed Insurance Bill and depending upon new changes in the Bill , our board and shareholders will take a call whether to enter into Health Insurance Business and how to do it. The Health...
Did cloudburst cause Uttarkashi flash flood? Experts say rain data doesn’t support claim
“Data available with us does not reflect the occurrence of a cloudburst,” Rohit Thapliyal, a scientist with the India Meteorological Department (IMD) said. Dehradun: A cloudburst in the upper catchment of the Kheer Ganga river is widely believed to have triggered the...
Joydeep Saha appointed as MD & CEO of ManipalCigna Health Insurance
Joydeep Saha,MD & CEO of ManipalCigna Health Insurance He has been associated with the company for over seven years, having previously served as appointed actuary and chief officer – Actuarial, Product, Reinsurance, Group Underwriting & Analytics Mumbai: After...
Deadly Floods: Need for faster and wider warnings
“Flash floods are not new, but their frequency and intensity are increasing in many regions due to rapid urbanization, land-use change and a changing climate,” said Stefan Uhlenbrook, WMO Director of Hydrology, Water and Cryosphere Scientists at the International...
APAC records significant rise in cyber claims driven by rising frequency and sophistication, Aon report
“As cyber threats grow more complex and interconnected, companies need a clearer view of their exposure,stronger alignment between cyber security and insurance strategies, and the tools to make better, data-driven decisions,” AdamPeckman, head of risk consulting and...