Justice Devan Ramachandran of Kerala High Court observed that...
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Weak El Nino conditions prevailing over the equatorial Pacific region: IMD
El Nino, characterised by elevated ocean surface temperatures in...
“More than one lakh Ayushman Cards made through Ayushman app in two days,” Mansukh Mandaviya
President Droupadi Murmu said the health services through the three...
Safety violations in Indian skies down in 2017
"There are 352 number of violations of safety norms by airlines in 2016 whereas 269 numbers of violations were reported in 2017. Therefore, the number of safety violations has reduced in 2017 as compared to 2016,"Minister of State for Civil Aviation Jayant Sinha told...
Allegations against ICICI Bank pose reputational risks: Fitch
Analysts point out that ICICI Bank, India’s largest private sector bank has the Directors and officers(D&O) liability Insurance of substantial amount. The D&O policy provides cover for the personal liability of Directors and Officers arising due to wrongful acts in their managerial capacity. Defence costs are also covered and are payable in advance of final judgment.
Indian investors concerned about data, confidentiality breach by investment adviser: Survey
“The survey shows growing concern among Indian investors who said they have already left or would consider leaving investment firms as a result of a data or confidentiality breach (41 percent), underperformance (39 percent), and lack of communication (37 percent),”
Adopt Clinical Establishment Act, Health Ministry urges states
Also, families without shelter, destitute, those living on alms, manual scavenger families, primitive tribal groups, legally released bonded labour in rural areas will be included.For urban areas, 11 defined occupational categories, including rag-pickers, beggars, domestic workers, cobblers, hawkers, construction workers, plumbers, painters and security guards are entitled under the scheme.
RBI dumps GVA model, switches back to GDP to measure economy
While GVA gives a picture of the state of economic activity from the producers’ side or supply side, the GDP model gives the picture from the consumers’ side or demand perspective
Ola launches first-of–Kind Rs one In-Trip insurance for customers
Through this Rs 1, cover designed with the collaborations with Acko General and ICICI Lombard General, Ola customers can avail an insurance policy of Rs 5 lakh that among other risks also provide benefits in cases of loss of baggage or laptops, missed flights, accidental medical expense, ambulance transportation cover, and much more. The optional in-trip insurance program can be purchased through the Ola app. The claims can be made through the Ola app as well as the provider’s website, mobile app and, call center
RBI bans regulated entities from dealing with cryptocurrencies,promotes Blockchain
The central bank has given three months to regulated entities like banks to unwind their positions with the entities related to cryptocurrencies, RBI Deputy Governor BP Kanungo said in a media conference. The regulator, however, decided that it will promote the use of blockchain – a public ledger that serves as the backbone of bitcoin – in financial services for strengthening transparency and improving inclusion.
SBI Life to venture into Bahrain soon, open to acquisition
“We have completed setting up our Bahrain Branch and would start our operations somewhere in April. The idea is to serve overseas expatriate population. Later on, we can also look at other gulf countries like Dubai. We may also consider entering into Nepal,’’ said Arjit Basu, the outgoing MD & CEO of SBI Life
IRDAI investigation finds no proof of kickbacks in Marsh- Jagson deal
“We have concluded our reinvestigation on the allegations against Marsh India Brokers under Banerji and havn’t found of allegations of corruption against Marsh to be true,’’ said sources at IRDAI. .
ONGC renewal cost falls 12 pc to USD 12.9 mn, GIC Re leads the reinsurance deal in 2018-19
Almost 10 per cent of ONGC has been retained by the four state owned insures, New India Assurance(NIA), United India Insurance(UII), Oriental Insurance Company(OIC) and National Insurance Company(NIC). Among the four, NIA at three per cent has retained the maximum.