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FinMin renews merger proposal of state-owned general insurance companies
To facilitate the entry of new players from overseas to cater to...
Mandatory appointment letters, fixed work hours, social security benefits among key changes in new labour Codes
The Ministry of Labour & Employment has also taken steps to...
HDFC Life fined Rs 2 crore by IRDAI for violating regulations
The IRDAI has asked HDFC Life to review its vendor management policy and review all its existing vendors’ agreement to make necessary changes to its policy in line with the regulations on outsourcing. Mumbai: The IRDAI has slapped fine of Rs 2 crore against HDFC Life,...
Almost all top Indian apps deploy deceptive design practices: ASCI study
The study by the Advertising Standards Council of India (ASCI) found that 52 of the top 53 apps have deceptive UI (user interface)/UX (user experience) practices that can mislead or trick users into doing something they originally did not intend or want to do Mumbai:...
Disaster Management (Amendment) Bill 2024 tabled in Lok Sabha
The bill is aimed to strengthen the efficient working of the National Disaster Management Authority and the State Disaster Management Authorities and has provisions for the constitution of Urban Disaster Management Authority for state capital and large cities having...
Maruti leads drop in Indian carmakers’ sales to dealers in July as demand cools
"For about two years, the industry has grown substantially. One year of consolidation is expected, so this year would be flattish. Hardly any growth can be expected in the passenger vehicle industry this year'' Amit Hiranandani, automobile sector lead analyst at...
Small Indian banks back online after ransomware attack, payments authority says
The attack had affected C-Edge Technologies, a technology service provider to the banks. India has about 1,500 cooperative and rural regional banks, which largely serve customers in hinterland areas, one-fifth of which were affected by the attack MUMBAI: Nearly 300...
Govt formulates cashless treatment scheme for road crash victims Gadkari
Nitin Gadkari, Union Minister of Road Transport and Highways of India In a written reply in the Lok Sabha, Union Minister Nitin Gadkari said under the scheme, the eligible victims are administered health benefit packages relating to trauma and polytrauma care at...
UIDAI can be asked to disclose data of missing person to court in exceptional cases: HC
The bench referred to the Supreme Court’s K S Puttuswamy judgment in which the right to privacy was held as a fundamental right and said it is a settled proposition that the data provided to the UIDAI while making an Aadhaar card is private and personal information of...
Emirates NBD and Kotak Mahindra Bank cleared by RBI to bid for IDBI Bank
The Indian government, which owns 45.48% in IDBI Bank, and state-owned Life Insurance Corporation of India which holds 49.24%, together plan to sell 60.7% of the lender MUMBAI/NEW DELHI: The Reserve Bank of India(RBI) has completed its review of potential buyers for a...
India’s Carbon Market: Regulations expected in months
"Large Indian corporations are on to this carbon market development in India especially since they have assets in other places around the world and their customers in European markets would be demanding more and more cleaner products.," Dirk Forrister, President and...
Cloudburst in Shimla: Malana Hydropower project on Parvati River bursts, 36 missing
No loss of life has been reported in the Kullu and Mandi districts so far. Heavy damage to public and private property was reported on Thursday owing to the downpour that triggered a flash flood downstream in the Beas River from Palchan to Patlikuhal in Himachal...