Debasish Panda, Chairman,Irdai, is addressing an international...
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Most life insurance companies buck rallying market trend on new norms on surrender value of policies
According to a draft released Wednesday, the Insurance Regulatory...
Mutual funds’ SIP collection soars to Rs 1.66 lakh cr in 2023; lower ticket size to push inflow
Earlier this month, Sebi Chairperson Madhabi Puri Buch said the...
Climate change threatens Himalayan glaciers
Although the Himalaya study did not attempt to ascertain precisely how much ice had melted, the glaciers may have lost as much as a quarter of their mass over the last 40 years.
HDFC buys 51.20 % stake in Apollo Munich Health Insurance for Rs1,350 crore
Post-acquisition of the shares by HDFC, Apollo Munich shall be merged with its general insurance subsidiary, HDFC ERGO General Insurance Company, which will emege as the second largest private insurer in the accident & health segment with a market share of 8.2 per cent
India plans to exempt electric vehicles from registration fee
Towards this, the Central Motor Vehicles Rules will have to be amended and the government has issued a draft to receive comments from the stakeholders regarding the same.
Bancassurance Deals:Citi and Bajaj General, IDBI Bank and TATA AIG General join hands
Bajaj Allianz General Insurance will offer personal lines of insurance such as health, personal accident, motor, home, and travel, along with commercial line of insurance such as property, marine, engineering, etc. to the bank’s customers
Digital Payment: India needs competition, cost, convivence and confidence to succeed
Philip G Heasley, President and CEO, ACI Worldwide, said, “Once we accept the fact that digital commerce from any point of the world can be sold to the rest of the world, you need to be able to deliberate highly digital fashion well. We just think it’s going to land up becoming perhaps in little ten years the most prevalent method of payment in the world.”
Bharti AXA General Insurance posts Rs 3 crore profit in FY19
The first-ever full-year profitability has been achieved by expanding the distribution network, adding number of strategic distribution partnerships and business alliances and diversification of product lines, Bharti AXA General Insurance CEO Sanjeev Srinivasan said.
IndiGo places $20-bn engine order for future fleet of 280 Airbus aircraft
IndiGo has a fleet of over 230 aircraft. Out of these 230, the airline said that 215 aircraft belong to Airbus “A320/321 family”.
Only BS-6 vehicles to be available from next year: Javadekar
Will provide clean drinking water to every household by 2024, says PM Modi
About 54 per cent of India’s groundwater wells are declining, and 21 major cities are expected to run out of groundwater as early as next year, posing a threat to food security, according to the NITI Aayog report
FPIs remain net buyers in June, invest Rs 11,132 crore
“FPIs would watch the government’s road map towards fiscal consolidation, fiscal deficit target and the steps it would take to propel economic growth. Also, some profit booking cannot be ruled out,” said Himanshu Srivastava, senior research analyst, manager research at Morningstar.