“Following the recent eruption of the #HayliGubbi volcano in...
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Indian banks consider financing Russian oil from non-sanctioned sellers
That’s a shift from a few weeks ago — before the latest US curbs,...
Delhi records worst air pollution, 447 Indian districts fail air quality test
The report by the independent research organisation Centre for...
DICGC made interim payments of Rs 5,359 crore to 3.77 lakh depositors as of March 31: RBI Dy Governor
Michael Debabrata Patra,Deputy Governor,RBI Currently, the deposit insurance coverage limit (Rs 5,00,000 or approximately USD 6,000), fully protects 97.8 per cent of deposit accounts and 43.1 per cent of deposit value in India. Jaipur: India’s Deposit Insurance and...
Axis Bank-Max Life deal: Delhi HC rejects Subramanian Swamy’s PIL
On Monday, the high court bench led by Acting Chief Justice Manmohan and Justice Tushar Rao Gedela declined to admit the PIL In February, Swamy filed an PIL before the Delhi High Court seeking a comprehensive probe into the alleged fraud in Axis Bank involving undue...
GST Council meet on Sept 9, to decide on removing or reducing 18% GST on retail Health Insurance
Union Finance Minister Nirmala Sitharaman The issue of removal of 18 per cent GST can be decided by the GST Council. Several suggestions have come up and I shall take up with the GST Council,” Nirmala Sitharaman had said during her reply to the amendments of Finance...
NCDRC directs Fortis Escorts Heart Institute, doctor to pay Rs 65 lakh to patient
While awarding the compensation, the commission considered various aspects, including losses of income and consortium, payment made by the patient for medical treatment, travelling expenses and day-to-day medical and nursing-care costs. New Delhi: The National...
Life insurers’ new business premium rises 14% to Rs 31,823 crore in July
Life Insurance Corporation of India (LIC) saw a 19.78 per cent jump in its new business premium to Rs 18,431 crore from Rs 15,387 crore in July 2023.The premium growth for the private life insurance industry slowed down and grew by 7 per cent, reaching Rs 13,392 crore...
India’s population expected to reach 152.2 cr, sex ratio can increase from 943 in 2011 to 952 by 2036
By 2036, population of India is expected to reach 152.2 crore, with a slightly improved female percentage of 48.8% as compared to 48.5 percent in 2011. The proportion of individuals under 15 years is projected to decrease from 2011 to 2036, likely due to declining...
SC concerned over non-implementation of central law on health care professions
The NCAHP Act provides for "regulation and maintenance of standards of education and services by allied and health care professionals, assessment of institutions, maintenance of a Central Register and State Register" of allied health care professions in the country...
Deepak Sood appointed as Member, Non-Life, IRDAI
Deepak Sood, Member, Non-life, IRDAI Sood had started his career in state owned United India Insurance(UII) in 1988 and afterwards had joined private sector insurance companies. He has earlier worked in Bajaj Allianz Insurance. New Delhi: The government on Monday has...
NCLT orders RBI, DIPP to expedite RCap resolution plan
The tribunal was hearing a petition filed by the Hindujas, seeking modification of its July 23 order and an 'extension to complete the obligations' for implementing the resolution plan Mumbai: The National Company Law Tribunal on Monday directed the Reserve Bank and...
SBI Gen, Munich Re and GIC Re bag Nagaland’s parametric renewal cover for disaster management
Neiphiu Rio,Chief Minister, Nagaland Nagaland Chief Minister Neiphiu Rio said his government and SBI General Insurance inked an MoU on for Disaster Risk Transfer Parametric Insurance Solution (DRTPS), making Nagaland the first state in the country to implement a...