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IRDAI meets stakeholders of healthcare industry,forms 5 Working Groups for addressing critical challenges in health insurance
"The collaboration between payers and providers is essential for a...
Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025:IRDAI makes transitional arrangements for issuing licenses to intermediaries
To facilitate a smooth transition to the new regime, an interim...
China urges Nestlé SA to work quickly in recalling baby formula products
While Nestlé has yet to tally the total cost of the global recall, it does not expect a significant financial impact. The affected batches represent significantly less than 0.5% of annual group sales, Nestlé said. However, some analysts are estimating a potentially...
Sompo aims at higher-yielding overseas credit to boost profits as traditional business flounders
Globally, private credit has grown into a $1.7 trillion market. Lending spreads have narrowed compared with 2023 due to intensifying competition, but for Sompo the debt remains attractive because spreads are still wider than other credit products. Tokyo:Sompo Holdings...
Indian households turn investors, bank deposits surge: SBI report
"Indian households across states are turning from savers to investors. Juxtaposing incremental deposits between FY20-25 and incremental investors during the same period reveals states such as Gujarat, West Bengal, Madhya Pradesh, Andhra Pradesh and Karnataka, etc....
Gold, silver prices hit fresh highs amid global uncertainties
Spot gold price surged 1.45 per cent at $4,575.82 an ounce, after hitting a fresh record high of $4,601.17 level. Silver prices gained 4.85 per cent to touch $83.19, after hitting a record high of $83.88.The surge to fresh record highs was supported by rising...
India to deepen engagement with Singapore-based ship safety agency
Overall, ReCAAP engagement with the law enforcement agencies has been good and a successful arrangement is in place for ships to sail through Asian waters safely, though the weakest point is still the Straits of Malacca and Singapore (SOMS), where sea robberies have...
Govt proposes forcing smartphone makers to give source code in security overhaul
The plan is part of the Modi government's efforts to boost security of user data as online fraud and data breaches increase in the world's second-largest smartphone market, with nearly 750 million phones New Delhi:India proposes requiring smartphone makers to share...
India tightens crypto noose:Live selfies geo-tagging now mandatory for users
The updated guidelines new Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols, issued on January 8 , classify crypto exchanges as Virtual Digital Asset (VDA) service providers who will now have to do more than just allow simple document uploads. New...
Grok AI obscene content issue: X accepts mistake removes 600 accounts assures compliance
Earlier, the government had asked X for details, including specific action taken on obscene content linked to Grok AI, and measures to prevent a repeat in future, after it found the response submitted by the platform to be inadequate New Delhi:Microblogging site X has...
From infectious diseases to personalised medicine, India enters futuristic healthcare phase: Jitendra Singh
Jitendra Singh,Union Minister of State (Independent Charge) for Science & Technology Singh said that unlike earlier decades, when India was primarily battling infectious diseases, the country has now entered a futuristic phase where molecular diagnostics, genome...
Cyberwarfare: China bombards Taiwan’s critical systems with millions of daily intrusions
Taiwanese officials have linked the activity to five Chinese state-backed hacking units: BlackTech, Flax Typhoon, Mustang Panda, APT41, and UNC3886. These groups have repeatedly infiltrated sectors related to energy, health care, communications, and key high-tech...