In June last year, a US court had ruled that TCS is liable for...
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Bima Gram API to strengthen rural coverage, says insurance industry
The Bima Gram API maps postal PIN codes to Local Government...
Delhi tribunal awards Rs 1.1-crore compensation to family of serviceman killed in crash
Presiding officer Sudeep Raj Saini observed that merely because the...
“Shall take up with the GST Council,’ says FM Sitharaman on reduction of GST on Life and Health Insurance
Finance Minister Nirmala Sitharaman Around Rs 24,529 crore was collected from GST on health and life insurance in the last three financial years.73-74 per cent of the amount collected under the GST goes to the states,'' Nirmala Sitharaman, union finance said in the...
Take measures to curb bulk communications using voice calls: Centre
The Telecom Regulatory Authority of India (TRAI) held a meeting with the industry stakeholders in the national capital to discuss action on spammers, amid growing consumer complaints about unsolicited commercial calls.The issue involves multiple stakeholders -- TSPs,...
FSIB to interview 5 candidates tom for selecting CMD of AIC
The general managers (GMs) who have been shortlisted on the basis of seniority are - V Balkrishna and Jayshree Bala from GIC Re, Rekha Solanki, Oriental Insurance Company, Mathew George, Managing Director and CEO of Health Insurance TPA of India (HITPA),...
Global selloff: Sensex and Nifty nosedive, Investors’ wealth eroded by Rs 17.11 lakh crore
Global markets were in the deep red on Monday as the US economic slowdown weighed heavily on the financial markets Mumbai: Equity market benchmark indices Sensex and Nifty crashed over 3 per cent each on Monday in line with extremely weak trends in global markets amid...
Concretisation of roadsides in Ghaziabad NGT issues notices to MoEF others
The NGT was hearing a plea claiming "vast-scale, mindless and indiscriminate concretisation or paving, which was the biggest cause of water-logging, urban flooding and loss of biodiversity in cities and towns." New Delhi: The National Green Tribunal has sought a reply...
Finmin asks state-owned general insurers to focus on profitable businesses
Vivek Joshi,Secretary,Financial Services Oriental Insurance has earned Rs 18 crore profit in FY24 as against a loss of Rs 5,000 crore a year ago, while National Insurance Company narrowed its loss to Rs 187 crore from Rs 3,800 crore, and United India Insurance to a...
Niti Aayog member Vinod Paul wants insurance companies to cover organ transplantation
Vinod Kumar Paul, member, Health, Niti Aayog A person after his death can give new life to up to 8 people by donating vital organs namely Kidney, Liver, Lung, Heart, Pancreas and Intestine and improve quality life of many more by donating tissues like cornea, skin,...
IIHL fails to comply with NCLT order on acquiring Reliance Capital: RCAP Administrator
The Administrator, in its affidavit informed NCLT that instead of depositing Rs 2,750 crore in the designated escrow accounts of the Committee of Creditors (CoC) in India and abroad, IndusInd International Holdings Ltd (IIHL) has deposited the money in its own...
Over 34.7 cr Ayushman cards created, more than 29,000 hospitals empanelled: JP Nadda
JP Nadda,Union Health Minister The AB-PMJAY provides cashless healthcare services related to 1,949 procedures across 27 medical specialities including general medicine, surgery, cardiology and oncology, among others New Delhi: Over 34.7 crore Ayushman cards have been...
India may take 75 years to reach one-quarter of US income per capita: World Bank
The road ahead has even stiffer challenges than those seen in the past: rapidly ageing populations and burgeoning debt, fierce geopolitical and trade frictions, and the growing difficulty of speeding up economic progress without fouling the environment, said the...