Sebi Chairman Tuhin Kanta Pandey warned that unregulated financial...
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WEF says AI robotics nanotech to transform agriculture, cites case studies from India
Rising rural-to-urban migration, intensifying climate extremes, and...
Pilot not to be blamed for AI plane crash: SC
Pushkaraj Sabharwal, the father of deceased pilot Captain Sumeet...
India’s resilience stands out amid increased global uncertainties: Sitharaman
"But amidst all uncertain global situations, India's resilience stands out and several favourable factors, such as strong macroeconomic fundamentals, a young demography, and greater reliance on domestic demand, provide the core strength to the Indian economy,"Finance...
Govt considers nuclear liability fund in excess of Rs15 billion for major accidents
The planned fund would provide a clear legal mechanism to finance compensation beyond the operator’s cap. For insurance coverage against nuclear accidents, India now relies on a nuclear insurance pool, a policy tool launched in 2015 but not embedded in law. Though...
Karnataka HC rejects social media platform X Corp’s petition challenging takedown orders
"Social media needs to be regulated, and its regulation is a must, more so in cases of offences against women in particular, failing which the right to dignity, as ordained in the constitution of a citizen, gets railroaded," the court said. X Corp had moved the court...
HDFC Ergo expects 3%-5% margin pressure on its retail Health products without ITC
``We have already passed on the full zero GST benefit to new retail health policyholders .The policyholders will save a lot in case of a long term health insurance policy. Though, it is early days to calculate exactly the higher cost of retail health portfolio without...
Over 90 flights cancelled scores delayed as rains batter Kolkata
The aviation chaos mirrored the citywide disruption as Kolkata lay waterlogged under record rainfall. At least ten people have died, out of which nine due to electrocution, officials said Kolkata: Torrential rains battered Kolkata on Tuesday, throwing flight...
CBI court sentences 2 men to 5 years of RI for forgery in settlement of fire insurance claim
The case was registered in Gandhinagar on the basis of allegation that UIICL public servants and private persons entered into criminal conspiracy with each other and by abusing their official position extended pecuniary advantage of Rs 36,86,451 in the settlement of...
Govt plans disinvestment of more PSUs: DIPAM Secretary
Some of the names where the government will like to disinvest include a few PSU banks like UCO Bank and Bank of Maharashtra and Life Insurance Corporation of India New Delhi, Sep 22 (IANS) India is set to surpass its Rs 47,000 crore disinvestment target for the...
US major Everest Re receives license for GIFT-IFSC venture
“Everest’s launch in India presents significant opportunity, as one of the most dynamic reinsurance markets globally, shaped by strong economic growth, and rising demand for the advanced, long-term reinsurance solutions we offer,” said Jill Beggs, Executive Vice...
Insurers start passing on full benefits of zero GST on retail Life and Health covers
``The net outgo for individual consumers has been reduced for products like Health Insurance, Personal Accident & Travel Insurance, maintaining the same policy coverage and claims servicing standards'' Naveen Chandra Jha, MD and CEO, SBI General Insurance New...
SC seeks response of Centre, DGCA on PIL seeking independent probe into June 12 AI crash
Advocate Prashant Bhushan, appearing for the NGO ‘Safety Matters Foundation’, alleged that in the probe panel constituted after the crash, three members were from the aviation regulator and there may be an issue of conflict of interest involved New Delhi: The Supreme...