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New India honours insurance veteran S.K. Kanwar with ‘Legacy of Excellence Award’
LtoR-Girija Subramanian, CMD, New India Assurance,G Srinivasan,MD&CEO,Galaxy Health Insurance,SK Kanwar, Advisor, Reliance Industries,BCPatnaik, Director, National Insurance Academy and Amit Roy,Partner and Leader- Insurance & Allied Businesses · PwC...
Iran expands attacks on Gulf states after US strikes, says Strait of Hormuz closed
The renewed violence casts further doubt on the future of an interim U.S.-Iranian agreement signed last month that aimed to reopen the strait and end the war after a further 60 days of negotiations.The renewed violence casts further doubt on the future of an interim...
Bavi hits China, Millions evacuated
Scientists say climate change is increasingly exposing the world’s second-largest economy to destructive weather events, with this year of particular concern due to the expected emergence of the El Nino weather pattern, which could drive up temperatures and fuel more...
US eyes steering wheel-free cars
“If you’re developing a vehicle that is designed never to be driven by a human operator, it doesn’t make any sense to require manual controls,” Jonathan Morrison, administrator of the National Highway Traffic Safety Administration, said The head of the top US auto...
Strongest El Niño in 75 years, says US Climate Prediction Center
“Even the strongest El Niño events do not lead to the typical impact everywhere, but stronger events can more significantly tilt the odds in favor of expected outcomes,” the Climate Prediction Center said. El Niño “will strengthen through the end of the year, with a...
China unveils to make Shanghai an international reinsurance center
The several measures comprise eight provisions focusing on guiding institutional layout, improving unified registration, accelerating platform development, enhancing capacity supply, deepening reform and opening-up, expanding cross-border cooperation, strengthening...
Rs 67.48 lakh compensation awarded to kin of man killed in bus accident
Presiding Officer Manish Sharma heard the claim petition filed by the family of Shakeel Ahmed and directed Reliance General Insurance Company Ltd, the insurer of the offending bus, to pay Rs 67,48,200 along with interest at 9 per cent per annum to the victim’s family....
EPFO invites applications from provident fund trusts for amnesty scheme
Employers, stakeholders and the general public are advised to take note of the scheme, which will remain open for six months, a labour ministry statement said. New Delhi:Retirement fund body Employees' Provident Fund Organisation has invited applications for an...
More countries move to ban social media for children
Social media has been banned for under-16s in Australia since December last year, while Brazil introduced a law in March requiring platforms to link the accounts of users aged under-16 to those of their parents, while also requiring platforms to verify users’ ages....
South Korea issues first emergency heatwave warning under new rating system
The new warning system was introduced to better deal with a rising number of heatwaves in South Korea, which have become longer and more intense, officials said. Seoul:South Korea issued its first-ever emergency heatwave alert on Sunday under a new warning system...
HP to develop Rs 3,500 cr disaster resilience infrastructure: CM
The Western Himalaya was an ecologically fragile region where disasters have significantly increased in recent years.There is a need to move beyond conventional development models by integrating disaster resilience into infrastructure planning, strengthening early...
Apple sues OpenAI, two former employees for trade secrets theft
The lawsuit sets up a battle over who will control future AI devices that may not use traditional apps or operating systems — devices which, if successful, would direct consumer attention away from Apple's best-selling iPhone. Analysts believe OpenAI is working on a...
NITI Aayog convenes a stakeholder consultation on implementation of SHANTI Act 2025
Stakeholders examined the financial mechanisms and risk-mitigation frameworks needed to support the Act’s implementation. The discussion also covered suitable insurance arrangements for long-term projects, along with strategies to strengthen public awareness,...
July rainfall brings relief, Yet agriculture risks remain: CRISIL
"Current Using its Deficient Rainfall Impact Parameter(DRIP) scores point to significant stress in Karnataka, Bihar, Uttar Pradesh, Andhra Pradesh and Telangana, with milder stress evident in Haryana," the report said. New Delhi: Early July rains have eased immediate...
Google appeals Indian ruling over its ads platform, citing consumer harm
The May decision could reshape the online ads market in a country where Google last year earned $4.1 billion in gross advertising revenue but where it is also facing a raft of antitrust cases and court battles. NEW DELHI:- Google has challenged an Indian court...
WhatsApp submits reply on ‘username’ notice; govt examining messaging platform’s response: Sources
The Centre issued a notice to Meta last Wednesday, questioning the proposed username feature on WhatsApp, flagging concerns that it could materially increase incidents of online fraud, phishing, digital-arrest scams and impersonation attacks. New Delhi:Meta-owned...
No app can block new 1600 govt calls, DND app can block calls from 140 series: TRAI
The regulator said that it has mandated the use of 1600 series numbers for service and transaction calls by regulated entities of banking, financial services and insurance entities regulated by RBI, SEBI, IRDAI and PFRDA to their existing customers and by government...
Life insurance new business premiums rise 16.6% in Q1 on private insurers’ growth: Report
The report said the industry's new business premiums reached Rs 1.09 lakh crore in Q1FY27, while private insurers continued to outpace the overall market, strengthening their market share to nearly 40 per cent. New Delhi:India's life insurance industry started FY27 on...