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Economic growth strongest, most sustainable form of financial inclusion: CEA
V Anantha Nageswaran,Chief Economic Adviser He also emphasised that...
Narayana Murthy backed general insurer Acko plans $350 million IPO
The IPO, which may include a mix of primary shares and secondary...
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...
Nilesh Garg quits as MD &CEO of Tata AIG General Insurance
Nilesh Garg, MD& CEO, Tata AIG General Insurance It is not yet known who will succeed Garg at Tata AIG General Insurance. During last one year, Rs three lakh trillion Indian general insurance industry has seen change of guards in many big companies Mumbai:...
Investors lose Rs10 lakh crore amid Middle East conflict, Sensex plunges 1800 points
According to market experts, the domestic market took a sharp downturn following Iran’s launch of ballistic missiles at Israel, sparking fears of retaliation and escalation into war. This could potentially drive up oil prices and lead to inflationary pressures, they...
LIC hunts for a suitable health insurance partner, to pick up less than 50% stake
Siddarth Mohanty, MD &CEO, LIC Siddartha Mohanty, MD &CEO, LIC, said, ``Yes , we are now actively searching for an Indian health insurer where we can pick up a large stake but less than 50 per cent. We will not run the company on day- to- day basis but will...