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DGCA issues advisory as volcanic ash from Ethiopia triggers flight disruptions
The advisory comes after the Hayli Gubbi volcano in Ethiopia...
HDFC Pension’s AUM crosses Rs1,50,000 cr
Sriram Iyer, Managing Director & CEO of HDFC Pension, stated, “...
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...
Hinduja led IIHL deposits Rs 2,750 crore in escrow account, provides term sheet for funding Rs9,750 cr RCap deal
IIHL, after transferring the funds ,has asked the CoC and administrator to implement the approved resolution plan for Reliance Capital Mumbai: Complying with the National Company Law Tribunal (NCLT), Hinduja owned IndusInd International Holdings Limited (IIHL), the...
Kerala CM Vijayan requests PM Modi for financial assistance to tackle climate change
Prime Minister Modi on Saturday visited to the disaster-affected region in Wayanad and is being received by Kerala Chief Minister Pinarayi Vijayan and Governor Arif Muhammad Khan CM Vijayan said that a thorough assessment of the damages is currently underway, with...
Garment sector facing uncertainty due to Bangladesh crisis, normalcy may return soon: FM
Finance Minister Nirmala Sitharaman "I hope that the investments are all safe… it's too early for me to see what kind of an impact this situation in Bangladesh will have on our economy. I hope that the interim government will settle things sooner rather than later so...
Banks should focus on their core business, bring innovative products to mobilise deposits: FM
In order to overcome the mismatch between deposits and lending, Sitharaman asked banks to come up with "innovative and attractive" deposit schemes to mobilise funds from the people,Nirmala Sitharaman , Finance minister Mumbai: Finance Minister Nirmala Sitharaman on...
Fintech will drive income and wealth creation, says CEA
V Anantha Nageswaran,Chief Economic Advisor Speaking at the ninth edition of the Global Economic Summit held in Mumbai, CEA Nageswaran said rapidly evolving Fintech solutions will have a transformative impact on income, savings and wealth creation in India and...
GIC Re’s net profit jumps 42% to Rs1036 cr in Q1FY25
N Ramaswamy, CMD, GIC Re GIC Re has expanded its premium income by almost 40 per cent y-o-y to Rs 12,406 crore during the quarter ending in June 2024 `We now plan to push growth both in top line and bottom line. Of course, we are closely...
Existing rules allow termination of govt staff for giving fake certificate to secure job: Centre
"The extant instructions provide that if it is found that a government servant had furnished false information or produced a false certificate in order to secure an appointment, he should not be retained in service," Union Minister of State for Personnel Jitendra...
Mention Of heatwaves at all-time high in India’s earnings calls
While heat wave was a recurring theme in many earnings transcripts, high raw-material costs driven by geopolitical tensions in the Middle East and disruptions to shipping routes were also significant factors Mumbai/New Delhi: India’s sweltering summer is the latest...
Govt taken steps to start trial, assessment of caller name display: MoS Telecom
"The necessary steps have been taken by the government to start the trial and assessment of the implementation of CNAP service by Telecom Service Providers," Minister of State for Communications Pemmasani Chandra Sekhar said in a written reply in Rajya Sabha New...