Indian News

Centre saved Rs 90,000 crore through digital transfer: Amitabh Kant

Technology       Jun 19, 2018

  New Delhi: The Centre has saved Rs 90,000 crore by digitally transferring money to beneficiaries of 440 government schemes, Niti Aayog CEO Amitabh Kant said today. Kant further said India will be the first country in the world which will make debit/credit cards redundant. "(The)...

Defence sector more prone to cyber threats: Nirmala Sitharaman

Risk Management       Jun 19, 2018

New Delhi: Defence Minister Nirmala Sitharaman today said the defence sector is more prone to cyber threats and there is a need to safeguard the country's cyberspace from possible attacks. Sitharaman touched upon the need to create a workforce in all establishments in accordance with...

Death toll reaches 17 in Assam floods, over 5.5 lakh still marooned

Disaster Management       Jun 19, 2018

  GUWAHATI: With six more deaths reported from Cachar and Karimganj districts on Tuesday, the death toll in the first wave of floods in Assam has reached 17 as 5,64,074 people continued to be affected by the deluge in five districts on Tuesday. While the flood...

India sees 20% rise in $ millionaires, despite GST impact

Wealth Management       Jun 19, 2018

  Despite adverse impact on GST implementation, India saw a 20 per cent increase in both the number of dollar millionaires and their wealth in 2017 to emerge as the fastest growing market for high net population, a report said today.    The report, which comes amid...

N.S. Kannan, newly appointed MD &CEO of ICICI Pru Life

NS Kanan succeeds Bakhshi as new ICICI Life chief

Life-News       Jun 18, 2018

  Mumbai: In a top level reshuffle at the ICICI group, the bank’s executive director NS Kannan has been appointed as the chief executive of ICICI Prudential Life Insurance company for a period of five years, effective from June 19, subject to regulatory approvals, the bank...

Indians face 25% higher risks to financial fraud: Report

Risk Management       Jun 18, 2018

  Mumbai: With Indians becoming more digitally active, the risk of frauds has increased with around one in four customers becoming victims to online financial deceit, says a report.    In a report, global financial information company, Experian says 24 per cent of Indians have directly experienced...

'New India 2022' document will be ready in a month, says NITI Aayog

Economy       Jun 17, 2018

  New Delhi: NITI Aayog said today that development agenda for 'New India 2022' would be finalised in a month or so after seeking comments from states.    The government think tank has been working on the strategy document for a while.    "Developed agenda for New India...

CBI files FIR against OIC official for agency commission frauds

Non Life-News       Jun 17, 2018

  Bengaluru: The Central Bureau of Investigation( CBI) has filed an FIR against Nalini Rao, a senior divisional manager at the Oriental Insurance Company (OIC), Bangalore,for allegedly abusing her official position by colluding with  dummy agents for misappropriating commission money.   The CBI has filed a criminal...

Odisha refuses to implement Modicare, BJP says move to 'hijack' Centre's scheme

Health       Jun 17, 2018

  BHUBANESWAR: A political controversy has surfaced in Odisha following the state government's refusal to implement the Centre's flagship health scheme.  The state has held that it has a superior scheme -- Biju Swasthya Kalyan Yojana with more beneficiaries -- compared to the Ayushman Bharat National...

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