The Centre currently employs 50.14 lakh personnel, while pensioners...
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FSIB gets ready to interview pvt sector professionals along with PSU officials for selecting GIC Re CMD
Some of the names who are belived to have applied for the post of...
Jan Dhan accounts now hold Rs 2.75 lakh crore
M. Nagaraju, Secretary, Department of Financial Services. About...
NSE Clearing warns investors, clearing members against fake communication
These fake circulars and letters, featuring the unauthorized use of NSE Clearing's logo and letterhead, have been circulating, asking individual investors to make payments concerning their allegedly frozen investment accounts New Delhi: NSE Clearing Ltd, an arm of...
Mahindra Insurance Brokers launches its new reinsurance division in Dubai International Financial Centre
Salman Jaffery, Chief Business Development Officer of DIFC Authority, said: “We are delighted to welcome Mahindra Insurance Brokers to DIFC. The firm joins over 125 registered insurers, reinsurers, captives, MGAs and insurance-related entities in the Centre. Our...
The dark side of technology: AI-driven cyberattacks call for upgraded security measures
In September 2024, insurer firm Star Health experienced a significant breach that exposed the sensitive health information of its clients on Telegram chatbots. "Cyber criminals today are not operating manually; they are using AI to automate attacks. They are using...
FPIs withdraw Rs 27,142 cr in 3 trading sessions on geopolitical tensions
According to the data, FPIs made a net withdrawal of Rs 27,142 crore from equities between October 1 and 4, with October 2 being a trading holiday New Delhi: Foreign investors turned net sellers in October, offloading shares worth Rs 27,142 crore in just the first...
Data privacy is a major concern for insurance industry: LIC CEO
(LtoR) Siddhartha Mohanty, CEO and MD, Life Insurance Corporation and Satyajit Tripathi, Member (Distribution), IRDAI at an event organised by Pune based National Insurance Academy in Mumbai IRDAI’s methods for monitoring companies and intermediaries have...
10 people killed in flashfloods triggered by heavy rain in Meghalaya
Incessant rainfall has triggered landslides in Gasuapara region of the district Shillong: At least 10 people died, including seven of a family, in rain-induced flashfloods that ravaged Meghalaya's South Garo Hills district in the past 24 hours, officials said....
Cyberattack cripples entire IT system of U’khand
Nikita Khandelwal, director, ITDA Information Technology Development Agency, said, "During scanning on October 2, it was found that the machine has been affected by malware, so as a precaution we have shut down our data centre, due to which all applications have been...
DoT combats Cyber-frauds: Central system to stop spoofed calls to be commissioned shortly
This system is being deployed in two phases: first, at the TSP level, to prevent calls spoofed with phone numbers of their own subscribers; and second, at a central level, to stop calls spoofed with the numbers of subscribers from other TSPs New Delhi: The Department...
GST panel deliberates on lowering rate on health insurance, tractors
As per experts, health insurance is likely to see a decrease from 18 per cent to 12 per cent, while term insurance may attract a GST of 5 per cent New Delhi: As the government focuses on GST 2.0 which further eases tax laws, enhance tax simplification and adoption of...
Per capita income in India to increase by at least $2,000 in 5 years: FM Sitharaman
Nirmala Sitharaman, Union Finance Minister "India finds itself amid the global geopolitical repositioning effort which has been going on. This repositioning can act as a structural force to India's advantage by creating robust supply chains with countries with...