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Amazon not seller but a platform: Court quashes notice against its directors over sale of abortion pills
Kandula Raghava Rao and Noorulamin Mohammed Saheb, directors of...
Citi, StanChart evacuate Dubai offices, HSBC closes Qatar branches as fears grow
The moves came after a spokesperson for Tehran's Khatam al-Anbiya...
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 Railways to enhance safety in train operations. He said that the budgetary outlay for safety-related activities had been enhanced nearly 3-fold from Rs 39,463 crore in 2014-15 to over Rs 1.16 lakh crore...
Swiss Re and RIQ partner to advance risk transfer powered by data and AI
Swiss Re's Group Chief Executive Officer Andreas Berger said,"This collaboration builds on Swiss Re’s deep risk expertise, strong data foundation and early adoption of AI. Together with RIQ, we aim to realise an AI-native reinsurance platform and further strengthen...
Allianz and Oaktree join hands to launch reinsurance syndicate at Lloyd’s
Thorsten Fromhold, Chief Group Reinsurance Officer, Allianz SE Reinsurance, said: " The launch of this Lloyd's syndicate highlights the strength of the portfolio we are ceding and our consistent approach to reinsurance, which is an important contributor to Allianz’s...
EU strikes deal to further weaken corporate sustainability laws after US pressure intensifies
The agreement reached, which also scales back the scope of the Corporate Sustainability Due Diligence Directive, represents an effort to “boost competitiveness and cut red tape,” the EU Parliament’s legal affairs committee said in a statement. The European Union...
AB-PMJAY: 2.02 crore claims amounting to Rs 28,732 crore settled in FY25, says govt
The scheme was also expanded to cover 6 crore senior citizens of age 70 years and above belonging to 4.5 crore families, irrespective of their socio-economic status, through the Ayushman Vay Vandana card. 89.51 lakh cards have been issued under the Ayushman Vay...
New labour codes give gig, platform workers portable social security benefits
Under the Social Security code, aggregators are now required to contribute 1–2 per cent of annual turnover, capped at 5 per cent of payments made or payable to gig and platform workers to a Social Security Fund, an official statement said.The fund finances a range of...
Over 50 lakh Central government employees and nearly 69 lakh pensioners to gain from 8th Central Pay Commission
The Centre currently employs 50.14 lakh personnel, while pensioners number around 69 lakh, all of whom fall under the purview of the upcoming pay revision exercise, Minister of State for Finance, Pankaj Chaudhary, told the Lok Sabha in a written reply to questions...
MoS Finance says 15 cr PM Jan Dhan accounts are inoperative
"The data regarding number of inoperative accounts vis-a-vis women, rural and semi-urban areas that are closed under the Pradhan Mantri Jan Dhan Yojana (PMJDY), is not centrally maintained. However, there are about 15.09 crore inoperative PMJDY accounts out of the...
BNP Paribas to pay $3.5 billion for increasing its stake in Ageas to 22.5% from 14.9%
The deal involves France’s biggest bank selling its 25% stake in AG Insurance to Ageas for 1.9 billion euros while simultaneously investing 1.1 billion euros into Ageas through its insurance subsidiary BNP Paribas Cardif, based on an agreed price of 60 euros per...
MF equity investments double in November to Rs 43,465 crore
The strong domestic investment trend comes at a time when the industry has already been witnessing robust participation from retail investors through systematic investment plans (SIPs). Mumbai: Mutual funds sharply increased their equity purchases in November, riding...