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Indian
RBI forms committee for periodic review of regulations
The review body will be advised by a group of six industry experts,...
Irdai chairman Ajay Seth launches Bima Sugam website
``The launch of the website today is an important milestone, and I...
Sebi to engage with govt to allow banks, pensions funds to invest in non-agri commodity derivatives
"We will also engage with the government to consider banks,...
GST on renewable energy devices rationalised to 5%, to accelerate India’s clean energy transition
By making renewable energy more affordable and accessible, this...
International
Growing role of insurance companies and retail investors in private credit making it vulnerable: BIS report
“The growing role of insurance companies and retail investors, as...
Zolve raises $251 million in its latest equity and debt financing round
The neo bank, which was launched in 2021 and has over 750,000...
North Sea Collision: Total insured losses estimated between $100 million and $300 million, Focus shifts to environmental impact
Total insured losses out of the collision are estimated to range...
French households, businesses face soaring costs for insurance due to climate change: Govt
The cost of climate disasters may double in the 30 years through...
Briefs
LIC partners with Policybazaar to distribute its products
Life Insurance Corporation on Thursday said it was roping in...
ICICI Lombard introduces innovative face scan feature
Mumbai, February 3, 2022: ICICI Lombard has introduced an...
Events
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Articles
Companies face five liability risk trends during Covid-19 pandemic:Allianz
Liability exposures for companies around the world are...
“Pandemics,climate change,cyber top the current risk chart”:Munich Re
Globalisation has made the consequences of catastrophes more...
Climate change to drive large future Cat losses
By Seth Borenstein A destructive storm rising from warm...
Features
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Facts
Booster dose of six Covid vaccines safe, increases immunity: Lancet study
"The side effect data show all seven vaccines are safe to use as 3rd doses, with acceptable levels of inflammatory side effects like injection site pain, muscle soreness, fatigue," said Professor Saul Faust, trial lead from the University Hospital Southampton NHS...
Startups drive to electrify fossil-fuel cars
At the lower end, startups like France's Transition-One have developed no-frills kits designed to electrify mass-market models like the Fiat 500 and Renault Clio in a few hours for about 8,000 euros. They are betting they can provide drivers with a cheaper and greener...
China sets rules to safeguard drivers’ rights in ride-hailing industry
In a statement, the transport ministry said ride-hailing companies should improve income distribution mechanisms. It also said anti-monopoly measures will be stepped up against such companies and a “disorderly expansion of capital” will be prevented in the sector.The...
Majority of urban Indians comfortable with automation at homes, online shopping: Report
Almost half of (47 per cent) the consumers in India think that the banking and financial services will be more profoundly impacted by AI, followed by manufacturing (44 per cent), education (42 per cent) and communications (41 per cent), the report noted. Among urban...
DBS Bank India introduces an industry-first digital & paperless trade financing solution
The bank now digitally validates the e-Way Bill (i.e. proof of movement of goods) for the purpose of establishing the genuineness of underlying trade transactions. The adoption of this approach has enabled DBS to process transactions quicker without the need to obtain...
