M Nagaraju, Secretary, DFS During the meeting he also advised State...
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India’s logistics cost to drop to 9 pc over robust road infra: Nitin Gadkari
Union Minister of Road Transport and Highways, Nitin Gadkari The...
Economy resilient but faces rising risks from Mideast war, government report says
The government said India remained a relative bright spot, with...
SBI to deepen employees’ financial understanding; to have bi-weekly yoga sessions for all
"This strategic initiative aims to enhance the depth, quality, and consistency of financial planning provided across SBI's extensive branch and digital network. The training will cover investment planning, retirement readiness, insurance advisory, and estate planning,...
Indian insurers say RBI’s limit on duration for state debt STRIPS may dent demand
Earlier this month, the Reserve Bank of India enabled Separate Trading of Registered Interest and Principal of Securities (STRIPS) for state debt but said these securities can only be issued for bonds with a residual maturity of up to 14 years. MUMBAI: The Indian...
Insurance and vessels not available for Iran-bound cargo amid Middle East conflict, India’s basmati rice shipments to Iran stuck at ports
The shipments are primarily held up at Kandla and Mundra ports in Gujarat, with neither vessels nor insurance available for Iran-bound cargo due to the Middle East conflict, said president Satish Goyal New Delhi: Around 1,00,000 tonnes of basmati rice destined 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...