LtoR-Asha Murali, secretary, Institute of Actuaries of India(IAI),...
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South African re/insurer Santam launches its India operations, targets Rs100 cr premium in 2 yrs
Lto R- Gedion Labane, Consul General of South Africa in Mumbai,...
South-South Cooperation:High-level Kenyan delegation visits India to learn about AB PM-JAY
(Lto R)Dr. Gregory Ganda, County Minister for Health, Kisumu County...
Finmin targets to introduce Insurance Amendment Bill in Parliament during monsoon session
Nirmala Sitharaman,Finance Minister Finance Minister Nirmala Sitharaman in this year's Budget speech proposed to raise the foreign investment limit to 100 per cent from existing 74 per cent in the insurance sector as part of new-generation financial sector reforms New...
Cyber frauds: FinMin includes I4C under PMLA for info sharing
Amid growing instances of cyber frauds targeting common man, this information sharing would help identify the masterminds behind such frauds which are mostly trans-national. New Delhi: The government has authorised Indian Cyber Crime Coordination Centre (I4C) to share...
Hybrid mutual fund schemes’ inflow moderates in FY25 amid market turbulence
The NAVs (net asset valued) of hybrid funds typically experience lower drawdowns compared to equity funds, making them a preferred choice for investors seeking a more stable journey. Hybrid mutual funds schemes have experienced an increase in the number of investors,...
A massive explosion at Iran’s largest port linked to missile fuel shipment kills 18, injures some 800
On Saturday night, the state-run IRNA news agency said that the Customs Administration of Iran blamed a stockpile of hazardous goods and chemical materials stored in the port area" for the blast, without elaborating. MUSCAT, Oman: A massive explosion and fire rocked...
Bajaj Allianz General unveils retail parametric cover for climate risks
L to R -Alpana Singh, Head - Bancassurance, Agri and Govt Business, Bajaj Allianz General Insurance (BAGIC),Kripan Ghosh, Deputy Director General and Head, Agricultural Meteorology Division, Climate Research and Services, IMD Pune, Tapan Singhel, MD & CEO,BAGIC at...
Foreign investors returning to Indian equity markets in April
This month (till April 24), FPIs purchased equities worth Rs 22,716.43 crore while they sold equities worth Rs 17,196.33 crore, with net investment of Rs 5,520.1 crore New Delhi: Foreign investors have made a notable return to Indian equity markets this month,...
UK polluting water bosses face up to two years in prison
The new measure delivers on the government’s promise to bring tougher criminal charges against lawbreakers in the water industry, UK’s Department for Environment, Food & Rural Affairs said in a statement. It’s essential “because some water companies have...
171 million Indians lifted out of poverty in a decade: World Bank
The five most populous states--Uttar Pradesh, Maharashtra, Bihar, West Bengal, and Madhya Pradesh--accounted for 65 percent of the country's extreme poor in 2011-12 and contributed to two-thirds of the overall decline in extreme poverty by 2022-23.Nevertheless, these...
Delhi plans to curb gasoline car sales, ban gas-guzzling bikes to shed polluter tag
The primary objective "is to unlock the next phase of EV adoption, reduce air pollution and contribute to India's energy independence and net-zero targets," the draft stated.the policy document says, no new sales of gasoline, diesel and gas-based two-wheelers will be...
Safety assessment rating for trucks, heavy vehicles on lines of Bharat NCAP soon: Gadkari
The road transport and highways minister Nitin Gadkari further said the government is already working on standards and safety assessment system for battery-operated e-rickshaw's in the country as they suffer from safety issues New Delhi: The Ministry of Road Transport...