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49 crypto currency exchanges registered with FIU during 2024-25 fiscal Report
The report for the 2024-25 financial year said the crypto currency...
S Prakash appointed as first CEO,Health Insurance, GI Council,to spearhead sector reforms
S Prakash, CEO-designate, Health Insurance, General Insurance...
IFSCA and IRDAI to work together for pulling global re/insurance investment into India: Rajaraman
L to R - PK Arora, Member, IRDAI, T Alamelu, Principal Advisor, Insurance, International Financial Services Centres Authority (IFSCA ) , K Rajaraman, chairman, IFSCA at the inaugural of 2nd Edition of IFSCA-IRDAI GIFT IFSC Global Reinsurance Summit’ in Mumbai on...
Centre introduces ‘Entity Locker’ for smooth business document management
Entity Locker is built on a robust technological framework that integrates with multiple government and regulatory systems, offering real-time access and verification of documents through integration with government databases; consent-based mechanisms for secure...
With ‘zero casualty’ goal, India becomes global leader in disaster management: Amit Shah
Union Home Minister Amit Shah said that earlier the approach to disaster was relief-centric, but now the approach is 'rescue-centric' to save people from disaster, The working style has changed from reactive to proactive methodology. Now the 'zero casualty' goal is...
‘In the last 7-8 years, about 98 % of land records have been digitized’: PM Modi
Prime Minister Narendra Modi The SVAMITVA scheme, launched in 2020, aims to provide rural households with legal rights to their property by mapping land parcels using drone and GIS technology. This initiative has empowered millions of rural citizens with formal...
`IFSCA-IRDAI GIFT IFSC Global Reinsurance Summit’- International reinsurers gather in Mumbai on Monday to brainstorm their India strategies
K Rajaraman,Chairman, International Financial Services Centres Authority To be addressed by K Rajaraman, chairman, IFSCA, PK Arora, member, Actuary and Reinsurance, IRDAI, Tapan Ray, MD&CEO, GIFT City and host of Indian and international reinsurance experts, the...
Burmans’ Religare open offer for additional 26% stake to start on Jan 27
The Burman family -- a promoter of Dabur India and other entities such as Eveready Industries -- through its entities, in September 2023 announced a Rs 2,116-crore open offer to REL shareholders to acquire up to 26 per cent stake in the company. New Delhi: Burmans'...
Gujarat PMJAY angioplasty deaths: Pvt hospital’s absconding chairman nabbed
The probe showed the hospital organised free check-up camps in villages to convince Pradhan Mantri Jan Arogya Yojana (PMJAY) cardholders to undergo angioplasty despite no medical necessity. They were shown in the "emergency" category to expedite government approval,...
Amit Shah orders inter-ministerial team to investigate Rajouri deaths
Amit Shah,Union Home Minister The cause of the illness remains unidentified, despite extensive efforts by medical experts and organizations such as PGIMER Chandigarh, the National Institute of Virology, and the National Centre for Disease Control (NCDC) New Delhi:...
ICICI Lombard Q3 net profit surges 68% to Rs 724 cr in Q3FY25
Sanjeev Mantri, MD & CEO, ICICI Lombard General Insurance The underwriting loss of the general insurer narrowed to Rs 152.3 crore from Rs 283.44 crore in Q3 FY24. Among portfolios, except Fire and Crop , rest of the portfolios like Marine , Health and Motor...
SBI Life Insurance reports a 71% rise in net profit at Rs 551 crore for Q3FY25
SBI Life's expense of management increased during the quarter to Rs 2,417 crore as compared to Rs 2,188 crore in the third quarter of the previous fiscal Mumbai: SBI Life Insurance on Friday reported a 71 per cent rise in net profit at Rs 551 crore for the third...