"Air routes are being altered, and maritime trade through the Red...
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West Asia crisis: Except for far-east, all international flights from Indian airports cancelled
The DGCA on Saturday advised airlines to avoid airspaces of 11...
AM Best revises outlooks to positive for ICICI Lombard General Insurance
Despite its lack of underwriting profitability, ICICI Lombard has...
PMJJBY life insurance: 21cr enrolment, 860,575 claims worth Rs 17,211.50 settled
The Pradhan Mantri Suraksha Bima Yojana(PMSBY) has seen a cumulative enrolment of 47.59 crore, while the cumulative number of claims received stood at 193,964, as of November 20. As per the official figures, the cumulative number of claims disbursed stood at...
Hinduja Group likely to complete RCap acquisition by Jan-End
"Most of the approvals and procedures related to the resolution process of Reliance Capital are complete. Couple of the procedures at the end of the administrator and CoC are to be completed. We hope that all these will be over in the next 4-6 weeks and RCAP should...
HC asks Maharashtra govt for details on expenditure on medical infrastructure, budgetary allocation
The court was hearing a bunch of petitions, including one initiated suo motu (on its own), raising concerns over the high number of deaths at government hospitals in Nanded and Chhatrapati Sambhajinagar districts last year Mumbai: The Bombay High Court on Saturday...
FPIs return to Indian equities; infuse Rs 22,766 cr in first two weeks of Dec
Looking ahead, the flow of foreign investments into Indian equity markets will hinge on several key factors. These include the policies implemented under Donald Trump's presidency, the prevailing inflation and interest rate environment, and the evolving geopolitical...
India and UK to collaborate on developing financial regulations
Participants from India and UK touched upon reforms in respective financial services sectors including capital markets, insurance & reinsurance, pensions, FinTech, sustainable finance and International Financial Services Centre GIFT City/Gujarat: The 3rd India –...
E-commerce to adopt Safety Pledge to protect online consumers on Dec 24
With India projected to have 500 million online shoppers by 2030 and currently hosting 880 million internet users, the initiative addresses critical challenges in the rapidly expanding e-commerce landscape. The pledge requires platforms to cooperate with statutory...
Max Life Insurance rebrands to Axis Max Life Insurance
“With Axis now an integral part of our identity, we are well-positioned to capitalize on new opportunities and accelerate our growth by expanding our distribution network, enhancing customer touchpoints, and delivering digitally empowered services. Together, we are...
Give utilisation certificate for SDRF funds spent before seeking more money Kerala HC to govt
The court was hearing a plea initiated by it for prevention and management of natural disasters in the state in the wake of the landslides that devastated three villages in Wayanad district and claimed over 200 lives Kochi: The Kerala High Court on Thursday directed...
Judges should refrain from using social media: SC
"Judicial officers should not go to Facebook. They should not comment on judgments because tomorrow if the judgment is cited, judge has already expressed one way or the other bench of Justices B V Nagarathna and N Kotiswar Singh New Delhi: Observing that judges have...
AM Best affirms Credit Ratings of New India Assurance
The ratings reflect NIA's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, favourable business profile and marginal enterprise risk management (ERM) Singapore: In a rating review, international rating agency...