It will benchmark these norms against global pension systems and...
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IRDAI’s mandatory online Reinsurance Exchange begins on Apr1, to include brokers, offline payment
This innovative system, with a view to transforming India’s...
NHA chief emphasises strategic importance of building a trusted, federated AI ecosystem for healthcare
Citing AB PM-JAY (Ayushman Bharat Pradhan Mantri Jan Aarogya...
Investors’ wealth erodes by Rs 3.44 lakh cr as mkts crash
"Indian equities faced sharp declines on the first trading session of FY26, with the Nifty tumbling 1.5 per cent to close at 23,165, amid heightened concerns over US President Trump's reciprocal tariff plans, which take effect from April 2nd," Siddhartha Khemka, Head...
LIC’s potential stake in ManipalCigna to boost health insurance market: JP Morgan
LIC is reportedly in the final stages of acquiring a significant minority stake in ManipalCigna Health Insurance, a standalone health insurer. The deal, valued at Rs 3,500-3,700 crore, would see LIC owning 40-49 per cent of ManipalCigna, which is currently owned by...
APR 1 Renewals: Indian general insurance industry rejoices with soft pricing, surplus capacity and market discipline
GIC Re and Foreign Reinsurance Branches (FRBs) and IIO reinsurers in GIFT-IFSC came in strong support of the market at Apr 1 renewals ``Yes, we did write more business than last year. Generally, we found the market to be soft with rates either below or same as...
Mediclaim policy amount can’t be deducted from medical expenses compensation: HC
The full bench was hearing an appeal filed by the New India Assurance Co Ltd against a judgment of the Motor Accident Claims Tribunal awarding monetary compensation up and above the medical expenses. The insurance company claimed medical expenses were also covered...
SBI Gen pays its first parametric claim of Rs1.06 cr for Nagaland’s natural disaster losses
“Our parametric insurance model ensures that financial assistance reaches the affected communities and regions without delays, helping strengthen resilience against natural disasters. As climate variabilities increase, parametric insurance plays a vital role in...
1 killed 3 injured as Bengaluru-Kamakhya AC Express derails in Odisha
Eleven coaches of the SMVT Bengaluru-Kamakhya AC Express derailed at Nirgundi near Manguli at 11.54 am, Chief Public Relations Officer (CPRO) of the East Coast Railway Ashok Kumar Mishra said Cuttack: One person was killed and seven others injured as an express train...
82 pc PwDs lack insurance 42 pc unaware of AB-PMJAY: Survey
"Health insurance isn't a privilege for persons with disabilities, it's a necessity for survival. The Delhi High Court's ruling on insurance was a milestone, yet private insurers continue to deny coverage. There is a vacuum in awareness and accessibility," Arman Ali,...
200 aircraft leased out from Gift City: Civil Aviation Minister Naidu
India had 340 aircraft in 2014 and that number has increased to 840 and airlines have placed orders for 1,700 planes. "We are bringing a law to ratify Capetown Convention which will reduce the leasing costs by 8-10 per cent. The reduction in leasing costs will trickle...
Ayush Ministry working to integrate Unani with modern medicine: Prataprao Jadhav
Prataprao Jadhav, Union Minister of State for Ayush Union Minister of State (I/C) for Ayush Prataprao Jadhav noted that the government has set up the Central Council of Research in Unani Medicine (CCRUM), New Delhi and National Institute of Unani Medicine (NIUM),...
FPIs pour Rs 31k cr in equities in 6 sessions on attractive valuations, macro
The shift from sustained selling to modest buying indicates a change in FPIs' strategy, influenced by factors such as attractive valuations after a 16 per cent correction from the September 2024 peak, the recent appreciation of the rupee, and favourable macroeconomic...