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No insurers have revised premiums upward after GST relief announcement:Govt
The IRDAI collected prevailing premium rates as of September 3,...
Retail vehicle sales jump 17.61% in Jan as rural demand surges
In the passenger vehicle category, rural markets outperformed urban...
Jude Gomes appointed as MD & CEO of Ageas Federal Life Insurance
Jude Gomes, managing director & Chief Executive Officer, Ageas Federal Life Insurance Jude Gomes said, “We will establish new benchmarks and strengthen our position in India's insurance landscape. I look forward to our new journey of growth and success - together...
AM Best upgrades GIC Re’s rating, assesses its business profile as favourable
AM Best upgraded GIC Re's Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) Singapore: After downgrading GIC Re's rating four years ago, AM Best on Friday has upgraded it that will...
Bots sharing Star Health data removed; actively monitoring any recreation: Telegram
Last month, Star Health had sent a legal notice to Telegram, accusing it of hosting chatbots that shared the leaked data, the statement said, adding that Telegram has consistently maintained its stance on data privacy and cooperation with the investigation New Delhi:...
Allahabad HC grants over Rs 23 lakh as enhanced compensation to accident victim
"The Claims Tribunal had also failed to consider that on account of 100 per cent disability, the marriage prospects of claimant-appellant were substantially damaged and the claimant-appellant is subjected to frustration, disappointment, discomfort and inconvenience...
India’s 100 richest tycoons surpass $1 trillion milestone, spot: Forbes list
Mukesh Ambani, the chairman and managing director of Reliance Industries Mukesh Ambani, the chairman and managing director of Reliance Industries, has once again claimed the top position on Forbes’ 2024 list of India's 100 richest tycoons. His wealth increased by...
Increasing UPI 123Pay, UPI Lite limits to benefit more users
With new guidelines, the users will soon be able to do low-value UPI transactions of up to Rs 1,000 without entering the PIN. Earlier, the limit was Rs 500. The limit for UPI Lite balance has also been raised to Rs 5,000 from Rs 2,000. UPI Lite is available on Paytm,...
Star Health confirms data breach, Hacker ‘selling 57.5 lakh insurance premium records for $150K
“We acknowledge that we were the victim of a targeted malicious cyberattack, resulting in unauthorized and illegal access to certain data. We make it absolutely clear that our operations remain unaffected, and all services continue without disruption,'' Star Health...
RBI holds rates, shifts stance to ‘neutral’ signalling rate cuts ahead
Shaktikant Das,Governor,Reserve Bank of India Annual retail inflation remained below the central bank's target of 4% for a second consecutive month, clocking in at 3.65% in August but higher than the revised 3.60% in July and economists' forecast of 3.5% MUMBAI: The...
24-hour hospitalisation clause for mediclaim to be interpreted harmoniously Delhi consumer forum
The commission, comprising its president Inder Jeet Singh and member Rashmi Bansal, was hearing the complaint of Raja Harpal Singh, who said that his wife's mediclaim was repudiated by United India Insurance on the grounds that hospitalisation in the case lasted less...
Indian regulators have done world-class job made system more transparent: FM
Union Finance Minister Nirmala Sitharaman asked banks not to be "stingy" in appointing cybersecurity professionals who will be highly useful in preventing any attacks Mumbai: Union Finance Minister Nirmala Sitharaman on Tuesday commended Indian financial sector...