Reflecting on the June 2026 performance, FADA President C S...
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ICICI Pru Life seeks investor status for Prudential after Bharti Life deal
As per the current law, an entity cannot be a promoter in two...
AI to transform insurance, strengthen India’s risk management ecosystem: DFS Addl Secy
Dr. Debasish Prusty, Additional Secretary, Department of Financial...
Apollo Global Management sees potential risks in US insurers moving to Cayman Islands
Executives, regulators and experts have voiced concerns in recent months about the emerging risks among US life insurers as private equity expands its influence on the sector. In an October study, economists from the Bank for International Settlements attributed part...
Reddit sues Australia over social media ban, citing free speech threat
The San Francisco-based firm, which ranks Australia among its biggest markets, said in a High Court filing that the ban should be declared invalid because it interfered with free political communication implied by the country’s constitution. Message board website...
Income Tax Department cautions taxpayers against rise in fake emails, SMS scams
Fraudsters, the Department warned, are increasingly using fake sender IDs, misleading links and look-alike websites to trick individuals into revealing sensitive details such as PAN numbers, passwords and one-time passwords (OTPs).The Department has reiterated that...
CBDCs more superior to Stablecoins as they satisfy all attributes of money: RBI DG T Rabi Sankar
"Stablecoins can undermine trust in the currency and finance system. India already benefits from a payments landscape that is highly efficient, reliable, and robust. Systems such as UPI, RTGS, and NEFT provide fast, low-cost, and secure payment capabilities to...
Cabinet nod for Bill seeking to open up civil nuclear sector for private participation
To facilitate the implementation of the Nuclear Energy Mission, amendments to the Atomic Energy Act and Civil Liability for Nuclear Damage Act will be taken up by the parliament for shielding plant operators and cap equipment suppliers' liability, along with...
Cabinet approves Insurance Amendment Bill for raising FDI cap to 100%, no provision for Composite license
Bill doesn't have any of the much talked about features like Composite License, Open Architecture and allowing Differential Capital Among new provisions, the bill proposes to constitute a Policyholders’ Education and Protection Fund, One-time registration of insurance...
Auto industry saw 18.7% YoY growth in passenger vehicle sales in November: SIAM
Commenting on the November 2025 performance, SIAM Director General Rajesh Menon said, "Following the festive demand and support from the Government's progressive GST 2.0 reforms, the Indian Auto Industry continued with the sales momentum in November 2025. Passenger...
Cyber attack on govt networks surged nearly 7 times post-Operation Sindoor: NICSI MD
"Post-Operation Sindoor, attackers have intensified their efforts and attempted hits on government networks have surged nearly seven times, exposing new vulnerabilities in ministries, data centres, and citizen services. This underscores the need for advanced defences...
Families of private doctors lost on Covid duty cannot be excluded from Rs 50 lakh insurance: SC
The Bombay High Court had previously dismissed her plea for benefits under the Pradhan Mantri Garib Kalyan Yojana Package (PMGKY), holding that Dr Surgade’s work was not officially “requisitioned” as Covid duty New Delhi: The Supreme Court on Thursday ruled that...
Failure to hedge FX risk could affect ratings for some Indian corporates
The picture is more diverse in the building materials and construction sectors. Commodity and natural resource firms, for example, have products whose prices are broadly linked to global commodity prices in US dollars.Rated companies in the technology (mostly IT...