Nirmala Sitharaman,Finance Minister The government is likely to...
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LIC reports 23% jump in its net profit to Rs 13,492 crore in Q1FY27
R Doraiswamy, CEO & MD, LIC, said,“The numbers are good this...
Govt kept investment bankers in dark on LIC’s unusually fast $3.3 billion OFS deal
Officials in the state divestment department kept the launch date a...
RBI tells Par panel that virtual digital assets like cryptocurrency a threat to economy
The RBI also told the Parliamentary Standing Committee on Finance, headed by BJP member Bhartruhari Mahtab, that China and Qatar are among the countries that have banned such financial activities, while Europe has allowed virtual digital assets in a very stringent,...
After WhatsApp, IT Ministry sends notice to Telegram, Signal over username feature
In its notice to WhatsApp, the government had expressed concern that the proposed username feature may “materially increase” cases of online fraud, phishing, digital arrest scams, and impersonation attacks by enabling bad actors to solicit and message victims. New...
RBI flags AI-Powered cyberattacks as biggest threat to banks, NBFCs
"AI-enabled cyber attacks emerged as the most important near-term challenge," it said in the comments that come amid heightened commentary around the capabilities of systems like Mythos. Mumbai:Artificial intelligence-enabled cyberattacks were classified as the "most...
IRDAI issues license to Prudential HCL Health Insurance
Prudential Health India.Prudential plc (UK) and HCL Group announced a 70:30 joint venture in March 2025 to launch a standalone health insurance business in India. Hyderabad: The Insurance Regulatory and Development Authority of India (IRDAI) has granted Certificate of...
Stop miscommunicating, build trust, not fear, to achieve insurance for All: Seth urges life insurers
R Doraiswamy, MD&CEO, Life Insurance Corporation and Ajay Seth, Chairman, IRDAI at an event on Tuesday in Mumbai , Seth raised concerns over selling long-term products without considering customer needs, questioning the rationale for selling term insurance to an...
Economy resilient but risks from monsoon, geopolitical uncertainties remain: FinMin report
Nirmala Sitharaman,Union Finance Minister At the same time, moderation in select indicators, including core industries, fuel consumption, air passenger traffic, consumer confidence, and labour market indicators, suggests some...
India records fifth driest June since 1901 as monsoon rains lag
India received 99.5 mm of rainfall in June against a normal of 165.3 mm, the weather department data showed, as the monsoon reached the southern state of Kerala three days late and its advance across western farming regions stalled for about two weeks....
India’s social protection coverage, renewables capacity nearly triples in a decade: Ministry
The data released by the Ministry of Statistics and Programme Implementation on SDG indicators showed that the proportion of the population covered by social protection systems rose from 22 per cent in 2016 to 65.3 per cent in 2026. New Delhi: India has significant...
Enhanced insurance cover for exports to West Asia extended till Sept 30
"The eligibility timelines under Component II of the EPM RELIEF intervention are extended up to 30th September 2026 to support Indian exporters and mitigate logistics challenges arising out of the continuing West Asia Crisis," the Directorate General of Foreign Trade...
Delhi govt clears EV policy; cars under Rs 30 lakh to be exempt from road tax, registration fees
Addressing a press conference, Chief Minister Rekha Gupta said that around Rs 15,000 crore will be invested under the new policy over the next four years to promote electric mobility and reduce vehicular pollution in the national capital. New Delhi: All electric cars...