A trio of tropical cyclones battered the region from Sri Lanka to...
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PFRDA widens investment options for funds
The PFRDA will now allow private pension funds to invest in the top...
Number of train accidents in India is down from 135 in 2014-15 to 31 in 2024-25: Railway Minister
Vaishnaw highlighted various safety measures taken by the Indian...
Maharashtra govt approves UPS for its employees; gives nod to Rs 7k cr river link plan
As per the Maharashtra cabinet’s decision, UPS will be effective from March this year and will benefit all state government employees, an official said Mumbai: The Maharashtra cabinet on Sunday decided to implement for state government employees the Unified Pension...
60-65 % of India’s household gold loans market still untapped, goes to unorganized market: Jefferies
Banks have traditionally dominated the organized gold loan market, holding over 75 percent of the market share. Nearly 80 percent of these are given for agricultural gold loans. In contrast, NBFCs have focused on retail gold loans against jewelry, with their share...
Insurance for All by 2047: Working groups among stakeholders formed to strengthen and implement strategies, says IRDA
Participants in "Insurance for All" Vision Meet, hosted by insurance councils over two days on August 23rd and 24th, 2024, in Mumbai, explored the necessity of diversifying insurance products and providers to better reflect the diverse demographics of India. Expanding...
78 % of consumers choose digital banking over cash transactions: Report
Jamie Dimon, CEO, JPMorgan Chase Banks are also feeling the heat from fintech companies like PayPal, Stripe, and Venmo. Jamie Dimon, CEO of JPMorgan Chase, has called these fintechs "enormous competitive threats" to traditional banking New Delhi: 78 percent of...
Southeast Asia’s InsurTech sector: Needs profitability, customer-centricity and innovation
``To optimize their capabilities and sharpen their customer value proposition, InsurTech firms are exploring innovations across three areas, namely in technology, such as using AI for dynamic pricing and claims management; in product so as to serve emerging, new and...
‘Heal in Rajasthan’ policy to boost medical tourism in desert state
Additional Chief Secretary of the Health Department Shubhra Singh said that due to continuous improvement in health services and availability of treatment at reasonable rates, the possibilities of medical tourism in the state have developed rapidly. Through policy...
Cabinet approves 50% of salary as pension for 23 lakh central govt employees, to be effective from Apr 1, 2025
Ashwini Vaishnaw, Union Information and Broadcasting Minister While announcing the details of the scheme, Ashwini Vaishnaw, Union Information and Broadcasting Minister said, "Today the Union Cabinet has approved Unified Pension Scheme(UPS) for government employees,...
Multi-disciplinary team to assess GLOF risks in Sikkim
Relief Commissioner Namratha Thapa said to mitigate the risk of glacial lake outburst floods in future, the government has established a technical committee tasked with reviewing the current status of glacial lakes in the state Gangtok: A multi-disciplinary team will...
Work-life balance, fewer flexible work options pose challenge for women at job front: Report
The report found that 73 per cent of women interviewed said equal opportunities exist for both men and women in employment and leadership positions, and 79 per cent of men agreed that both genders get equal chances at workplaces Fewer flexible work options, work-life...
Ministry of Coal launches national safety portal, targets zero accidents in coal mines
Amrit Lal Meena, Secretary, Ministry of Coal According to the Ministry of Coal, Amrit Lal Meena, Secretary of the Ministry of Coal, highlighted the need for comprehensive safety audits across all coal mines, reaffirming the Ministry's goal of achieving "Zero Accident,...