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InRisk Labs Raises $27 Mn To Scale AI-Led Reinsurance Platform EarthRe

India, Aug. 5 -- GIFT City-based insurtech startup InRisk Labs has raised $27 Mn (about Rs.256 Cr) in a Series A funding round co-led by Bessemer Venture Partners and Northpoint Capital. The fresh ca... Read More


Rate-sensitive stocks rise after RBI MPC outcome; Nifty Auto hits record high, Nifty Realty up over 2.5%

RBI MPC Meeting, Aug. 5 -- Rate-sensitive sectors witnessed strong buying interest on Wednesday after the Reserve Bank of India (RBI) kept policy rates unchanged and raised its economic growth forecas... Read More


"Increasing Supreme Court judges is demand of time": Union Law Minister Arjun Ram Meghwal as RS passes Amendment Bill

New Delhi, Aug. 5 -- The Rajya Sabha on Wednesday passed the Supreme Court (Number of Judges) Amendment Bill, 2026, with Union Law and Justice Minister Arjun Ram Meghwal saying the increase in the san... Read More


Korea's medtech firm Ainex Corporation inks deal with Singapore's National University Hospital

Singapore, Aug. 5 -- South Korea-based Ainex Corporation, a medical AI company specialising in gastrointestinal endoscopy, has signed an agreement with Singapore's National University Hospital (NUH) t... Read More


MGI Tech and NCSTAR sign MoU to explore bringing multi-omics infrastructure in Australia

Singapore, Aug. 5 -- MGI Australia, the local Australia and New Zealand (ANZ) team of MGI Tech, has entered a Memorandum of Understanding (MoU) with QIMR Berghofer's National Centre for Spatial Tissue... Read More


NCBA raises interim dividend as half-year profit hits Sh12.4bn

Nairobi, Aug. 5 -- NCBA Group has raised its interim dividend by 50 percent after posting a 12.2 percent growth in half-year net profit, underlining the lender's strong earnings momentum even as it in... Read More


New water-removal equipment market opens on flood risk

Nairobi, Aug. 5 -- Rising flood risk is creating a new market for industrial water-removal equipment in Kenya, prompting engineering firms to expand their product offerings as demand grows from govern... Read More


Cooking oil prices climb back to highs of 2022 crisis

Nairobi, Aug. 5 -- The price of cooking oil has climbed back to its highest level since the global food crisis of 2022, exposing households to renewed pressure from international commodity markets and... Read More


Kenya to get two new undersea fibre optic cables in AI race

Nairobi, Aug. 5 -- Kenya is set to add two new undersea fibre optic cables before 2027 in Africa's race for more bandwidth and high-speed internet amid the AI push. The first is a 4,108-kilometre sub... Read More


Karen and Lang'ata lead Nairobi land price growth

Nairobi, Aug. 5 -- Land prices in Karen and Langata grew at the fastest pace among Nairobi's suburbs and satellite towns in the year to June after a change in policy allowed construction of high-rise ... Read More