"There are many sensitive points in the sea where our Navy has...
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LIC,New India and GIC Re remain as Domestic Systemically Important Insurers in FY26:IRDAI
D-Slls refer to insurers of such size, market importance, and...
Insurers have to submit compliance reports on checking “dark patters” in 15 days:IRDAI
Wherever non-compliance is found, an action plan with timelines for...
DGCA puts in place special audit framework for ‘360-degree’ safety evaluation of Indian aviation ecosystem
The audit framework will cover the entire range of aviation entities, including scheduled and non-scheduled airlines, maintenance, repair and overhaul organisations (MROs), flying training schools, air navigation service providers, airport operators and ground...
Iran-Israel war escalation to impact India’s trade with West Asia, say experts
Nearly 30 percent of global oil and a third of the world's LNG (liquefied natural gas) passes through the strait daily and its closure would immediately reduce global supplies triggering a spike in prices New Delhi: Any blocking or disruption of traffic through the...
RBI-led initiative to curb digital frauds gains momentum banks roped in to set up DPIP
The proposed platform seeks to bolster fraud risk management by facilitating real-time intelligence sharing and gathering, thereby preventing fraudulent digital transactions, sources said. New Delhi: In a bid to rein in the increasing incidence of digital payment...
AIC launches a new cover for aquaculture industry
(L to R) Lavanya R Mundayur, CMD, Agriculture Insurance Company, M Nagaraju, Secretary, Department of Financial Services(DFS), Parshant Kumar Goyal, Joint Secretary, DFS “With Aquaculture insurance, we are not just mitigating risks but fostering resilience in one of...
DGCA serves notice on Air India for violating crew norms, warns on license suspension and operational restrictions
The DGCA also warned Air India that future violations in crew scheduling will invite "strict action", including licence suspension and operational restrictions. New Delhi: Aviation safety watchdog DGCA has ordered Tata Group-owned Air India to remove its three...
Govt holds meeting on Iran-Israel conflict’s trade fallouts
Country’s ship reporting system is in place to monitor any incidents. The freight and insurance rates are also being closely monitored New Delhi: According to the Commerce Ministry sources, the Commerce Secretary held a meeting with stakeholders from shipping and...
Prudential’s CEO Anil Wadhwani meets Sitharaman, remains bullish on India
Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman met with Anil Wadhwani, chief executive officer, Prudential plc on Thursday Highlighting health as a shared strategic priority, Wadhwani conveyed the company's commitment to leveraging its global...
S Ramann takes over as new chairman of PFRDA
S Ramann, chairman, PFRDA With his vast experience in public finance, technology, and financial regulation, Ramann,an officer of the Indian Audit & Accounts Service (IA&AS) from the 1991 batch, has been appointed as the new chairman of PFRDA for a tenure of...
Surveillance and testing for Covid-19 scaled up: ICMR NIV Director
Rajiv Bahl, DG, ICMR "The government and health agencies are closely monitoring COVID-19 cases and taking necessary steps. Currently, the number of active cases is low, and most cases are limited to southern and western India. The government is focusing on three key...
Govt to meet stakeholders to assess impact of Iran-Israel conflict on India’s trade
According to think tank GTRI, any closure or military disruption in the Strait of Hormuz would sharply increase oil prices, shipping costs, and insurance premiums, triggering inflation, pressuring the rupee, and complicating India's fiscal management. New Delhi: The...