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global shipping industry should be open to working with a new group of insurers that emerged to support Russia’s so-called shadow fleet, provided they follow best practice, according to a leading maritime group. The new insurers and P&I clubs — groups that pool risks — should be assessed based on their adherence to international safety and technical standards, Nikolaus Schues, president of shipping association Bimco, said in an interview. They may become legitimate should the Trump administration roll back sanctions on Russia, he said, with the US bidding to end the war in Ukraine. “Some of the new insurers may become part of the IG,” Schues said on Tuesday, referring to the International Group of P&I Clubs, an association whose members provide cover for most ocean-going tonnage against risks including spills and collisions. “Hopefully, after the Russian sanctions end, the bad part of the parallel fleet will go away.”

This increase acknowledges existing central social protection schemes that had not been considered earlier. India has made significant strides in enhancing its social protection coverage through a comprehensive data-pooling exercise led by the Ministry in collaboration with ILO. By utilising encrypted Aadhaar as a unique identifier across 34 major central schemes, such as MGNREGA, EPFO, ESIC, APY, and PM-POSHAN, over 200 crore records were processed to identify unique beneficiaries. According to the release, this exercise revealed that 65% of India's population (92 crore people) is covered by at least one social protection benefit (cash and in-kind both), with 48.8% receiving cash benefits.

salary growth over the next 12 months, as organisations adapt to evolving talent demands and navigate macroeconomic challenges, a report said on Wednesday. In India, GCCs are seen as the top payers, outpacing traditional IT services in pay parity and growth, and are expected to give 9.8 per cent salary growth over the next 12 months, 'India's Talent Takeoff — The GCC 4.0 Story' report by digital talent solutions provider NLB Services said. «With India hosting over 55 per cent of the world's GCCs and projected to reach a market size of USD 110 billion by 2030, these centres have become critical nodes for organisations seeking agility, cost efficiency, and access to a vast talent pool. This growth trajectory is now translating into significant salary increases for employees, especially for specialised skills which are commanding higher premiums than ever before,» NLB Services CEO Sachin Alug said. However, he said, despite this strong momentum, gender-based disparities still require attention, with women earning approximately 75-85 per cent of male salaries on average, a gap which further widens at senior positions, reflecting the limited representation in leadership roles.

As many as 15,590 new companies were registered in UP between April 2024 and January 2025, compared with 12,759 in Delhi, data from the corporate affairs ministry showed. Maharashtra added about 21,000 new companies in this period. Company incorporations indicate investor confidence in the medium-to-long term growth prospects of a state, among other reasons. Strong economic growth in recent years, a vast and expanding consumer base, greater focus on ease of doing business and a large pool of affordable workers, on top of improved law and order situation, have drawn investors to UP, experts and a state government official said. The national capital’s proximity to Noida, a key industrial centre in UP, also helps draw investors there, the official said, given that real estate costs are lower there than in Delhi.

A lawyer has argued in a London Court that global mining giant BHP should be held liable for Brazil’s worst environmental disaster 10 years ago when a dam collapse released toxic mining waste that killed 19 people and devastated villages

green projects to boost flow of climate-related financing. The central bank has also proposed to set up a dedicated “on tap” cohort on climate change risks and sustainable finance under its Regulatory Sandbox initiative. Governor Sanjay Malhotra on Thursday said that the lack of bankable green projects slowed the adequate flow of credit and a collaborative approach could address this constraint. «Capacity and expertise constraints limit the ability to appraise and thus finance climate change mitigation. It also enhances the risk of funding such projects. Thus, creation of a common pool of such bankable projects will have multi-fold benefits for the entire ecosystem,» Malhotra said at a seminar on climate change risks and finance organised by the central bank in New Delhi. He stressed upon capacity building and improving technical know-how to better appraise risks in financing projects which use green technologies.

Gautam Gambhir is set to accompany the India 'A' team on their tour of England ahead of the senior team's five-Test series starting June 20, TOI's Arani Basu has reported. This comes in the backdrop of Gambhir's aim to closely assess the reserve player pool during a period devoid of international fixtures for the Indian team. With the Board of Control for Cricket in India (BCCI) currently lacking a designated coach for developmental teams, it remains to be seen whether Gambhir will serve solely as an observer or if VVS Laxman, the BCCI's Head Cricket, will take on a more hands-on role. This marks a significant shift as it will be the first instance of a senior team coach traveling with the India 'A' squad. Sources revealed that Gambhir has been actively developing a roadmap that spans across formats, focusing on preparation for the 2027 ODI World Cup, as well as the World Test Championship and the 2026 T20 World Cup. «Gambhir has been in discussions with the BCCI since he returned from Australia. He has expressed his desire to travel with the India 'A' team to get a clearer view of the reserve pool,» a BCCI source told TOI.

Subscribe to enjoy similar stories. Global venture capital firm Bessemer Venture Partners expects artificial intelligence (AI) to disrupt its investment roadmaps, with a disproportionate share of its new $350 million India-dedicated fund likely to flow into opportunities in this new-age technology that promises to transform businesses.

While the talent pool may grow to just 1.2 million, this presents a significant opportunity for reskilling and upskilling existing professionals. Companies are facing a growing shortage of skilled professionals as they rush to implement artificial intelligence (AI) solutions.

IRCC) had announced that they would be sending no new invitations under the Parents and Grandparents Program (PGP) this year, and would instead only be processing applications submitted in the 2024 intake. This year Canada intends to accept up to 10,000 complete applications for sponsorship under the PGP Program. «Given there remains a number of interest to sponsor forms in the pool from 2020, IRCC plans to send invitations to apply to randomly selected potential sponsors from that pool instead of accepting new forms. This is the same approach taken for the intakes conducted from 2020 to 2024,» said IRCC in a statement. ALSO READ: Canada pauses permanent residency sponsorship applications for parents, grandparents

Subscribe to enjoy similar stories. India’s boardrooms remain stubbornly gray, although some transformative strokes are visible. As women slowly move beyond mere presence to actively claim seats at the decision-making table, it’s the smaller firms that are leading the charge.

The Brooklyn mega-mansion that wowed Anora is a 14,000-square-foot waterfront estate in Mill Basin. It features marble floors, a large pool, and a private theater. The luxurious home, now owned by financier Michael Davidoff, remains unchanged, a true architectural gem that stole the spotlight both on and off-screen.

Subscribe to enjoy similar stories. A nuclear power renaissance—driven in part by power-hungry AI data centers—has revived a thorny problem: what to do with the radioactive waste left behind. Already, more than 90,000 metric tons of spent nuclear fuel is being stored at sites in 39 states.

Subscribe to enjoy similar stories. Insurance is a human innovation that ensures that in moments of crisis, no one individual has to bear the weight of misfortune alone. Pooling risk has allowed us to contract, innovate and prosper, but with the ubiquitous availability of granular data, that assurance is starting to be replaced by something colder and more precise.

Sebi on Monday extended the deadline by a month to March-end for reporting differential rights issues by Alternative Investment Funds (AIFs). A one-time reporting requirement was set for AIFs that filed their Private Placement Memorandum (PPM) with SEBI on or after March 1, 2020, and issued differential rights outside the standard guidelines. This report was initially due by February 28, 2025. Following the requests for more time from the AIF industry, the deadline has been extended to March 31, 2025, the Securities and Exchange Board of India (Sebi) said in a circular.

Kenneth Andrade, the ace investor known for his high-conviction calls, looks for businesses early into a business cycle as part of his investment philosophy. The chief investment officer of Old Bridge Capital Asset Management observed that India's market capitalisation to GDP ratio is 130%, which still indicates overvaluation. However, he still sees pockets of opportunity in the market. Andrade shared his market outlook recently during a presentation on his fund's position and where he sees investment opportunities.

Hockey India on Friday unveiled a new format with a promotion and relegation system for the Senior Women's National Championship to be held in Panchkula from March 1 to 12. The competition will feature 28 teams divided into three divisions titled 'A', 'B' and 'C'.

Subscribe to enjoy similar stories. On 17 February, a 4.0-magnitude earthquake jolted Delhi-NCR, not strong enough to cause damage, but powerful enough to cause concern. Too often, mild tremors are brushed aside as routine, yet they are stark reminders of India’s seismic vulnerability.

media organizations participate in the press pool that covers the president, wresting control away from the group of journalists that has done so for decades.

Subscribe to enjoy similar stories. Global private equity firms KKR and Partners Group are nearing a deal to lead a $120-150 million funding round in HR-tech services provider Darwinbox, said three people aware of the development, as private equity firms continue to hunt for mature tech startups closer to profitability. The deal, likely to value the company at around $950 million, will be a mix of primary and secondary fundraise, the people said on the condition of anonymity.