The actuarial pen is mightier than the sword

It is day 18 of the largest shipping disruption since WWII. I am looking at the dashboard www.hormuztracker.com: ~3,200 ships (4% global tonnage) idle in Gulf region and ~100 container ships (10% of global fleet) affected. “Probable cancellation and withholding of insurance cover in the face of calamity – doesn’t that contradict the spirit of…

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Odisha CM stresses on forest protection, expanding green cover | Bhubaneswar News

Bhubaneswar: CM Mohan Charan Majhi on Saturday said forests are the foundation of life and livelihood, stressing the need to protect and expand green cover while maintaining a balance between environment and industrialisation.Addressing the state-level International Day of Forests-2026 celebration here, Majhi said the aim is to raise public awareness about the importance of forests,…

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US Justice Department sues Harvard over antisemitism allegations, seeks to claw back federal funds

The United States Department of Justice has filed a lawsuit against Harvard University, alleging that the institution failed to address antisemitism on campus and violated federal civil rights law. The complaint was filed on Friday in a federal court in Massachusetts.According to the lawsuit, the government is seeking to freeze existing federal grants to Harvard…

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The new gold standard: Why 18-karat jewellery is winning over younger buyers

India’s traditional preference for 22-karat gold is shifting towards 18-karat, driven by younger buyers seeking everyday wearability and personal expression. This change is fueled by 18K’s superior durability, design flexibility for intricate pieces, and greater affordability, aligning with a modern view of luxury as practical and personal. For decades, gold in India has meant one…

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