M Nagaraju,Secretary,Financial Services Nagaraju expressed...
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DGCA imposes Rs 22.20 crore penalty on IndiGo over December 2025 flight disruption
The committee observed that an overriding focus on maximising...
AM Best maintains stable outlook on India’s non-life insurance segment
“India’s long-term economic outlook remains favourable for non-life...
Lifestyle diseases big health risk, 44 crore Indians may be suffering from obesity by 2050: PM
Prime Minister Narendra Modi "Diseases linked to our lifestyle are posing a huge risk to our health today. Obesity is one of them because it is the root cause of many diseases. According to a recent report, nearly 44 crore people in India may be obese by 2050. This...
LIC emerges as 3rd top global insurance brands: Brand Finance
In terms of overall brand value, LIC holds the 12th position among the most valuableinsurance brands globally, while SBI Life ranks 76th, making them the only two Indianinsurers in the top 100 Sitanshu Swain Mumbai: State owned Life Insurance Corporation of India...
India markets regulator to boost transparency, including on board conflicts, says new chairman
Tuhin Kanta Pandey,,Chairperson , Sebi "We will be coming forward with our own plan to further transparently reveal these conflicts of interest, etc. for the public," Tuhin Kanta Pandey said in his first public speech since taking over as SEBI chief Mumbai: India's...
Nippon Life Insurance may pick up minority stake IndusInd Bank
Nippon Life Insurance Co.’s India unit is considering buying a minority stake in IndusInd Bank Ltd., people familiar with the matter said, with the aim of using the lender’s network to expand sales of its insurance products Mumbai: Japanese major Nippon Life Insurance...
Employees Provident Fund Organisation (EPFO) will soon launch the “EPFO 3.0 version,”with ATM withdrawal
"In the coming days, EPFO 3.0 version will come. This means EPFO will become equivalent to a bank. Like how transactions are carried out in a bank, you (EPFO subscribers) have your Universal Account Number (UAN) and you will be able to do all your work," Union Labour...
Gadkari blames faulty DPRs, road designs for increasing road accidents in India
Nitin Gadkari ,Minister of Road Transport & Highways Gadkari said India witnessed 1,80,000 deaths due to road accidents in 2023.with road safety a top priority, the government aims to reduce number of road accidents by 50 per cent by 2030 New Delhi: Union Minister...
RBI asks fintechs and digital payment cos to ensure responsible innovation and better compliance
Sanjay Malhotra, Governor, RBI The regulator would continue to adopt a “consultative approach,” the central bank said, adding that new-age technology companies such as payment system players and account aggregators played an important role in the growth of India’s...
Govt wants insurance payouts to replace its compensation in managing natural disasters: DFS Secy
L to-R-Hitesh Kotak, Chief Executive, Japan, India, Korea, and South-East Asia at Munich Re,Krishna S Vatsa, Member, NDMA,Safi Ahsan Rizvi, Advisor (Mitigation), NDMA, M Nagaraju, Secretary, Department of Finance (DFS), Mandakini Balodhi, Director(Insurance),...
Draft Insurance Laws Amendment Bill in advanced stages, to be tabled in Parliament shortly: Minister Pankaj Chaudhary
Pankaj Chaudhary,Minister of State for Finance M Nagaraju, Scretary, DFS, mentioned that to ensure greater consistency, consumer protection, transparency, and grievance redressal, the department is proposing setting up a unified forum where regulators and authorities...
Govt approves Rs 3,880 crore scheme for Livestock Health and Disease Control Programme
Scheme will help in prevention and control of livestock diseases through vaccination, surveillance and upgradation of healthcare facilities New Delhi: The Union Cabinet, chaired by the Prime Minister Narendra Modi, today approved the Revision of Livestock Health and...