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Budget 2026 proposes penalties to tighten crypto transaction reporting
The proposal is aimed at ensuring compliance with Section 509 of...
Govt mulls allowing 49% FDI in PSU banks
M. Nagaraju, secretary, Department of Financial Services Foreign...
SBI Life’s net profit almost remains flat at Rs 814 crore in Q4FY25
Amit Jhingran, MD & CEO of SBI Life stated, ``With a 12% growth in Individual Rated Premium, SBI Life outperformed industry growth of 10.5%. SBI Life has stepped into its 25th year. The company’s 3 key strengths – a highly effective distribution network, one of...
Safety assessment rating for trucks, heavy vehicles on lines of Bharat NCAP soon: Gadkari
The road transport and highways minister Nitin Gadkari further said the government is already working on standards and safety assessment system for battery-operated e-rickshaw's in the country as they suffer from safety issues New Delhi: The Ministry of Road Transport...
3 more Russian insurers seek India’s nod to provide cover for oil tankers
The move comes as growing scrutiny of Russia's oil supply chain by Washington and the European Union, including compliance with a price cap set by G7 for the use of Western ships and insurance, makes it increasingly difficult for Moscow to export its oil.India has...
Trump’s new tariff could shave off 0.5% points of India’s GDP: Finance Secy
"Second order (effects) would be important," said Finance Secretary Ajay Seth, referring to concerns that trade turmoil would slow global growth The direct hit from tariffs introduced by Donald Trump's administration on India could shave off between 0.2-0.5 percentage...
Life insurers record marginal 5% rise in new premium collection in FY25, no of policies sold fell 7%
LIC's total new business premium rose just two per cent Rs 2.26 lakh crore in for FY25, which included Rs 62,404.58 crore from individual new business New Delhi: Led by state owned Life Insurance Corporation(LIC), domestic life insurers recorded a marginal 5.1 per...
SBI Gen’s net profit more than doubled to Rs 509 crore in FY 25
Naveen Chandra Jha, MD & CEO, SBI General Insurance Naveen Chandra Jha, MD & CEO, SBI General Insurance, said, “We have been consistently growing faster than the market. In FY25, our GWP grew by 11.1 per cent, 70 per cent faster than the industry growth of...
India stays world’s fastest growing economy at over 6 pc growth despite tariff woes :IMF
Gita Gopinath, chief economist, IMF IMF's outlook report pegs the Indian economy to grow at 6.2 per cent in 2025 and 6.3 per cent in 2026, which is over 2 percentage points above second-ranked China’s economic growth forecast at 4 per cent for 2025 and 4.6 per cent in...
NPS subscriber enrolment surges to 12 Lakh in FY25
The Assets Under Management (AUM) for both NPS and Atal Pension Yojana (APY) expanded by 23 per cent during 2024-25 to Rs 14.43 lakh crore by end-March 2025, it said New Delhi: The National Pension System (NPS) has achieved significant growth with private sector...
Willis appoints Aon’s Anant Pawar as Aviation & Space Leader for India
Anant Pawar, Aviation & Space Leader, Willis,India Willis handles Indigo's re/insurance accounts. It is the largest airline in India by passengers carried and fleet size, with a 63.6 per cent domestic market share Mumbai: Willis, a business of WTW has appointed...
Centre committed to providing affordable and quality healthcare for poor Nadda : JP Nadda
JP Nadda,Union Health Minister Nadda stressed that simple changes in daily habits can go a long way in keeping the liver healthy. New Delhi: Providing affordable and quality healthcare to every poor person is a priority of the Central government and the two pillars of...