The company is focusing on expanding access to health insurance as...
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IRDAI repeals guidelines on repatriation of dividends by intermediaries owned by foreign investors
The new Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act,...
MeitY Secretary urges Microsoft to locate future data centres closer to power generation hubs
"It will be much more economical if you go closer to where the...
SEBI launches Cyber Suraksha Portal for cyber alerts, vulnerability warning
"Through this portal, market participants can directly access the latest cybersecurity circulars, vulnerability warnings and incident insights," SEBI said Mumbai: The Securities and Exchange Board of India (SEBI) on Monday launched the Cyber Suraksha Portal, a...
SEBI drops fraud allegations against Max Financial, Axis Bank in Rs 3,912-crore case
The scrutiny originated with the Insurance Regulatory and Development Authority of India (IRDAI). In November 2022, IRDAI informed SEBI that MFSL and Axis Bank had entered into a series of buy-and-sell transactions involving unlisted equity shares of Max Life. IRDAI...
No new strain of H1N1, say ICMR sources as swine flu cases rise
Union Health Minister J P Nadda on Friday reviewed the prevailing H1N1 influenza situation and preparedness across the country, with particular focus on the national capital and called for continued vigilance, robust surveillance and proactive preparedness. New Delhi:...
Delayed, lost and mishandled baggage are biggest source of dissatisfaction among domestic air travellers in July
The DGCA said 1.26 per cent of scheduled domestic flights were delayed by more than two hours in July.Flight cancellations remained relatively limited, with 0.62 per cent of scheduled domestic flights cancelled in July. Technical issues were responsible for 39.9 per...
ChatGPT, internet searches and ‘dhuk dhuk’: Rajnath Singh highlights challenges of self-diagnosis for doctors
Rajnath Singh,Defence Minister Singh underlined the growing responsibility of healthcare professionals as technology, AI and digital diagnostics expand. Noida: Defence Minister Rajnath Singh on Saturday spoke about the growing tendency among people to turn to the...
EPFO urges establishments to utilise Employees’ Enrolment Campaign to extend social security benefits
It provides a special one-time opportunity to enrol eligible employees who remained outside EPF coverage during the period April 1, 2009 to March 31, 2026. New Delhi: The Employees’ Provident Fund Organisation (EPFO) on Saturday urged establishments to use the...
Indian family office assets projected to grow 1.5x over the next three years: Julius Baer – EY report
The Julius Baer - EY report highlights India today has more than 19,000 ultra-high-net-worth individuals (UHNIs), with the number expected to exceed 25,000 by 2031. At the same time, an estimated US$1.3 trillion-US$1.5 trillion of intergenerational wealth transfer is...
Govt working on amendments to Actuary Act, 2006: DFS official
Debasish Prusty, Additional Secretary, DFS, Ministry of Finance Institute of Actuaries of India(IAI) launched its job portal, a dedicated platform designed to connect actuarial professionals and talent with relevant career opportunities, while strengthening engagement...
Breaching Expense Limits: IRDAI bars Acko General and Niva Bupa from opening new branches for 6 months
In both the cases, the insurers failed to comply with limits on expenses of management, which comprises operating costs and commissions paid to agents and distributors, during fiscal year 2024-25, as per the IRDAI statement.Expenses for health insurers should...
8th Health Insurer: Prudential Health India commences operations
Naveen Tahilyani, Regional CEO, Indonesia, Malaysia, the Philippines, India, Africa; Group Agency and Health, Prudential plc, said: “India is a strategically important market for Prudential, with strong macroeconomic fundamentals, rising demand for healthcare, and...