The governor was highlighting a new generation of systemic risks...
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Employers may soon be able to claim ITC on GST paid for employee insurance cover
"This will make insurance cheaper for every employer to provide",...
IRDAI to meet industry CEOs on Monday to delibarate new distribution reforms
“ “I have been meeting CEOs of the industry over the last few days...
FSSAI proposes to roll out front-of-pack red warning on food, drinks high on sugar, salt, or fat
The submission was made in the Supreme Court as it is hearing petitions from health activists calling for the introduction of warning labels on the lines of Western countries. The Supreme Court had told the FSSAI at a hearing earlier this month to expedite the...
Govt achieves 78% of FY27 divestment, asset monetisation Budget target in Apr-Aug
A strategic sale in IDBI Bank is on the table. After a failed attempt earlier this year to sell it, the government has received revised bids from Dubai-based Emirates NDB and Prem Watsa-led Fairfax Financial Holdings. New Delhi: The government has achieved about 78...
HDFC Bank faces class-action lawsuit in US
The lawsuit alleges that HDFC promised Maharashtra State Road Development Corporation (MSRDC) a 6.01 per cent interest rate to attract big its deposits, which constituted a hefty 2.51 per cent markup over the standard 3.5 per cent savings rate offered to regular...
India’s Financial Inclusion Index rises from 53.9 in 2018 to 67 in 2026
The Pradhan Mantri Jan Dhan Yojana (PM-JDY) accounts have grown four times since 2015 to 59.09 crore and deposits have risen 20-fold to Rs 3,16,514 crore.Nearly 45.95 crore PM-JDY accounts are in rural and semi-urban areas, while 13.14 crore are in urban and...
IndiaFirst Life redrafts its IPO plans, to deploy Salesforce Agentforce for AI overhaul
Rushabh Gandhi, Managing Director & CEO, IndiaFirst Life Insurance and Arundhati Bhattacharya, President and CEO, Salesforce – South Asia at an event in Mumbai to announce partnership between IndiaFirst Life Insurance and Saleforce Rushabh Gandhi, Managing...
Bihar on alert after Nepal flash flood, 1.5 lakh cusecs released from Gandak barrage at 11 pm
Nearly 100 people were killed and over 750, including 133 Indian nationals, remain missing after a massive flash flood originating in Tibet swept through central Nepal, devastating several towns and villages, washing away critical bridges, and crippling a dozen...
SSB alerts India-Nepal border formations after flash flood in Nepal, 11 rescue teams
The flash floods in Nepal have caused significant damage in bordering areas, including the loss of at least eight lives. Local reports indicated that several people are missing after floodwaters surged through Nepal’s Nuwakot and Dhading districts, with the Bhote...
SC asks Centre to consider devising safeguards to ensure no misuse of EPFO, ITR data
A bench comprising Chief Justice Surya Kant and justices Joymalya Bagchi and V Mohana, on Monday, expressed concern over the emergence of a commercial technology ecosystem allegedly accessing, retrieving and verifying sensitive personal information contained in...
Breaching EoM: IRDAI restricts Edelweiss Life and Pramerica Life from opening any new branches for next 6 months
IRDAI is committed to ensuring that insurers operate within the regulatory guardrails governing their expenses, thereby promoting sound financial management, transparency and accountability across the insurance sector. It will continue to take appropriate supervisory...
Centre proposes complete ban on Carbosulfan insecticide over health, environmental risks
Citing concerns over its toxicity and risks to human health and the environment, the Ministry proposed a draft order for a complete ban on the insecticide, including the prohibition on the import, manufacture, sale, transport, distribution and use of Carbosulfan from...