It will benchmark these norms against global pension systems and...
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IRDAI’s mandatory online Reinsurance Exchange begins on Apr1, to include brokers, offline payment
This innovative system, with a view to transforming India’s...
NHA chief emphasises strategic importance of building a trusted, federated AI ecosystem for healthcare
Citing AB PM-JAY (Ayushman Bharat Pradhan Mantri Jan Aarogya...
Economic Survey urges insurers to address concerns on mis-selling, delayed claims settlements, AI, cybersecurity, and 3rd-party interactions
In the life insurance segment, there is a noticeable shift towards protection and guaranteed return savings products, which now cover 40 per cent of households, largely due to LIC’s extensive network. New Delhi: The Economic Survey presented by finance minister...
Europe’s insurers may face new capital rules for climate risk
The goal is “to ensure the continued protection of policyholders and the overall stability of the EU’s insurance market amid more erratic and damaging weather patterns,” EIOPA said Europe’s insurance watchdog has called for a recalibration of capital requirements to...
Sebi member expresses concerns over misleading disclosures related to ESG metrics
Speaking at the ESG Summit organised by the industry body FICCI here, Sebi Whole-Time Member Amarjeet Singh also said that regulators need to enhance their oversight capabilities and introduce legislative changes as the sustainable finance market expands. Mumbai: A...
Govt amends norms to restore Aadhaar verification process for private entities
"Any entity other than the Ministry or Department… which is desirous of utilising Aadhaar authentication, shall prepare a proposal with justification in regard to the authentication sought being for a purpose specified in rule 3 and in the interest of state, and...
Eco Survey raises concerns on rising ultra-processed food consumption, proposes health tax
"From sweetened breakfast cereals, soft drinks, and energy drinks to fried chicken and packaged cookies, ultra-processed foods have undeniably marked their formidable presence in everyday diet," the Survey said New Delhi: Increasing consumption of ultra-processed...
India economy report predicts sluggish growth, pushes for more reforms: Economic Survey
New Delhi: India's economy is projected to grow between 6.3 per cent and 6.8 per cent in FY26, according to the Economic Survey 2024-25, tabled in Parliament on Friday. The survey highlights that the country's economic fundamentals remain strong, supported by a stable...
Eco Survey: Demographic advantage, responsible approach position India to benefit from AI
Achieving benefits from AI requires significant investments in education and workforce skilling, supported by enabling, insuring, and stewarding institutions.These mechanisms can help workers adapt to changing demands while providing essential safety nets. By...
Eco Survey: Health expenditure grew to Rs 6.1 lakh crore in FY25
“Health is a crucial component of human capital and a valuable asset for a prosperous and stable economy. It boosts productivity, reduces healthcare needs, enhances life expectancy, and supports social development,” said the Economic Survey New Delhi: The Economic...
Eco Survey: Lifestyle choices, workplace culture key for mental well-being, productivity
"While promoting a better workplace culture will lead to better mental well-being, lifestyle choices, and family situations also play a significant role. Results of the survey show that individuals who rarely consume ultra-processed or packaged junk food have better...
Economic Survey-Financial regulators need formal impact assessment rules, government
The report suggested that regulators set up an independent Regulatory Impact Assessment (RIA) agency internally. The RIA would directly report to the board of the regulator, which includes members from the government and independent directors. MUMBAI: India's...