Nirmala Sitharaman,Finance Minister "I propose setting up a 'High...
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GIC Re net profit falls 6% to Rs 1,519 cr in Q3,combined ratio improves to a record 105.32 %
Hitesh Joshi, acting CMD, GIC Re. said,```Our strategy is focused...
Bajaj Life Insurance to apply for Pension Fund Manager and GIFT City licences
Tarun Chugh, MD & CEO, Bajaj Life Insurance, said, “The Board’s...
IRDAI approves Medi Assist’s Rs 311 cr take over of Paramount TPA
Nayan Shah, managing director, Paramount TPA said, ``The IRDAI has granted in-principle approval to both the parties to process with transaction. There will be no impact on day- to- day operation and servicing. All operation, team service , structure , system and...
Apollo 24|7 forays into online insurance distribution, plans to launch products from 12 insurers
It has secured regulatory approval to operate as a corporate agent and will soon begin distributing Health, Life, and General Insurance products on its platform for its customers, said Apollo HealthCo CEO Madhivanan Balakrishnan. All plans will be bundled with...
India approves 3 more Russian insurers to provide marine cover
With the granting of the permits to Sberbank Insurance, Ugoria Insurance Group and ASTK Insurance Company, India now recognizes eight Russian entities that are eligible to provide protection and indemnity (P&I) coverage for ships. New Delhi: India has approved...
Indian stock markets ends lower on Tuesday as investors book profits
The foreign institutional investors have sold Rs 477 crore worst of Indian shares while domestic players have bought shares amounting to Rs 4,777 crore on Tuesday. “Geopolitical tensions remained in focus as market participants monitored the fragile ceasefire between...
Need to further strengthen financial inclusion initiatives: FM Sitharaman
Finance Minister Nirmala Sitharaman As of March 19, PMJJBY has enrolled 23.36 crore individuals. During the decade, the scheme processed 9,37,524 claims, of which 9,05,139 claims were successfully disbursed, releasing a total sum of Rs 18,102.78 crore. New Delhi:...
India records 5.4 mn displacements due to disasters in 2024, highest in 12 years: Report
According to the report, Assam saw 2.5 million internal displacements in 2024 due to the most intense floods in more than a decade that struck the state. Storms, including major cyclones, triggered 1.6 million displacements in the country. More than a million...
Pakistan-allied hackers launched 15 lakh cyber attacks on Indian websites; only 150 successful
In a report titled "Road of Sindoor", prepared under the military operation launched by the Indian armed forces under the same name against terrorists, the state's nodal cyber agency has detailed the cyber warfare launched by Pakistan-allied hacking groups. According...
Implement cashless scheme for road accident victims in true letter and spirit: SC to Centre
A bench of Justices Abhay S Oka and Ujjal Bhuyan directed the Centre to file an affidavit by end of August 2025 setting out the implementation of the scheme giving details such as the number of beneficiaries who received cashless treatment under the scheme New...
PM Modi warns Pakistan of more strikes if there is a ‘terrorist attack’
Narendra Modi, Prime Minister Modi's first public comments since Indian armed forces launched strikes on what New Delhi said were "terrorist camps" across the border last week indicated a hardening of India's position on ties with its neighbour, which were icy even...
Stock markets log biggest single-day rise after suspension of India-Pak hostilities, zooms almost 3000 pts
"Confluence of positive geopolitical and economic developments – the ceasefire between India and Pakistan, coupled with a breakthrough trade agreement between the US and China – sparked the strongest daily market rally in recent times," Vinod Nair, Head of Research,...