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Govt sticks to e-cigarette ban in snub for Philip Morris
"The government of India is not considering revoking, amending or...
RBI proposes ban on 3rd‑party sales incentives to bank staff to curb mis-selling
The RBI mandated banks to refund the entire sum where mis‑selling...
India poised to remain fastest growing major economy in FY26: RBI
The RBI flagged global financial market volatility, geopolitical tensions, trade fragmentation, supply-chain disruptions and climate-induced uncertainties as factors posing downside risks to the growth outlook and also upside risks to the inflation outlook. Mumbai:...
No eviction under Senior Citizens Act unless gift deed conditions violated: HC
The bench, however, suggested an exception where the senior citizens or the parents have executed a gift deed, or otherwise, in favour of somebody on the assurance that he would take care of him but after the gift deed, he fails to fulfil his assurance. Lucknow: The...
RBI to continue with supervisory measures for early risk identification
The central bank would also focus on enhancing cyber resilience and capabilities of Supervised Entities (SEs) by implementing the recommendations of the inter-regulatory Working Group, which has uniform baseline cybersecurity guidelines for financial entities, RBI...
Sitharaman directs PSU general insurers to adopt AI-driven claim settlement systems swiftly, safeguard profitability
Finance minister Nirmala Sitharman chaired a review meeting of six Public Sector General Insurance Companies (PSGICs) in New Delhi today The importance of robust underwriting practices and portfolio optimisation was also highlighted by the FM with instructions to...
General re/insurers to spend Rs 400 cr over next 3-4 yrs in nationwide awareness campaign, Life insurers to follow soon
From L to R-Tapan Singhel, MD&CEO, Bajaj General Insurance, Mayank Bathwal, MD & CEO, Aditya Birla Health Insurance, Anuj Tyagi, MD & CEO, HDFC Ergo General Insurance at Shanai Ghosh, CEO & MD, Zuno General Insurance at at event in Mumbai to launch...
Digital platforms have most problematic ads betting real estate cos most violative ASCI
Over two-thirds of the potentially violative ads on the digital platforms were sponsored ads on social media platforms, while 32 per cent of the digital ads relate to claims on companies' own websites and social media accounts, it said Mumbai: Digital platforms...
E-commerce platforms must comply with guidelines on ‘dark patterns’: Food Minister Pralhad Joshi
E-commerce players need to submit an audit report to the department of consumer affairs. He said a joint working group will also be set up for effective implementation of the guidelines and curb this unfair trade practice. New Delhi: Union Food and Consumer Affairs...
Royal Sundaram appoints Vedanarayanan Seshadri as its new MD
. Vedanarayanan Seshadri (Veda),MD&CEO, Royal Sundaram General Insurance This is the first time a CEO of a broking company has been appointed as a MD&CEO of a general insurance company. Veda, brings over 30 years of BFSI sector experience, including 15 years...
Axis Max Life MD & CEO Prashant Tripathy to step down on Sep 30
Prashant Tripathy,,MD and CEO,Axis Max Life Insurance The Board of Directors will initiate the process to identify his successor New Delhi: Axis Max Life Insurance on Wednesday said its MD and CEO Prashant Tripathy will step down with effect from September 30....
LIC shares jump nearly 9 pc post Q4 earnings
LIC on Tuesday posted a 38 per cent increase in net profit to Rs 19,013 crore in the fourth quarter ended March 2025 helped by lower expenses. New Delhi: Shares of state-owned insurer Life Insurance Corporation of India (LIC) on Wednesday surged nearly 9 per cent...