Nirmala Sitharaman,Finance Minister "I propose setting up a 'High...
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GIC Re net profit falls 6% to Rs 1,519 cr in Q3,combined ratio improves to a record 105.32 %
Hitesh Joshi, acting CMD, GIC Re. said,```Our strategy is focused...
Bajaj Life Insurance to apply for Pension Fund Manager and GIFT City licences
Tarun Chugh, MD & CEO, Bajaj Life Insurance, said, “The Board’s...
India’s EV market rises 23 pc in September with 1.59 lakh unit sales
Electric two-wheeler sales were 0.90 lakh units, a rise from 0.64 lakh units in the same month last year. The electric three-wheeler segment saw 0.63 lakh unit sales, compared with 0.58 lakh units in September 2023, as per the data New Delhi: In a boost for the...
Govt allows non-forest depts to undertake disaster prevention work in forest areas
In a letter to states and Union territories on Tuesday, the ministry said that according to the Van (Sanrakshan Evam Samvardhan) Adhiniyam, 1980, and related guidelines, certain forestry activities can be carried out in forest areas in emergency situations, such as...
Maharashtra: 2 pilots among 3 killed as helicopter crashes in Pune
The helicopter belonging to the Delhi-based Heritage Aviation, a private firm, took off from the Oxford County Golf Course helipad in Pune and was heading to Juhu in Mumbai when it crashed at 7.40 am, they said. The reason for the crash is yet to be ascertained Pune:...
Centre releases Rs 5858.60 crore to 14 flood-affected states
The Centre has released more than Rs14,958 crore to 21 states this year, said the MHA.This includes Rs9,044.80 crore from the SDRF to 21 states, Rs4,528.66 crore from the NDRF to 15 states, and Rs1,385.45 crore from the State Disaster Mitigation Fund (SDMF) to 11...
1,492 people died in extreme weather events in 2024 monsoon season
The data also revealed that Madhya Pradesh recorded the highest number of deaths (189) due to thunderstorms and lightning strikes, followed by Uttar Pradesh (138), Bihar (61), and Jharkhand (53) New Delhi: A total of 1,492 people died in India during extreme weather...
Escalating conflict hurts India’s trade with West Asian countries
Disruptions in key shipping routes, particularly through the Suez Canal and Red Sea, have forced vessels to take longer paths around the Horn of Africa, leading to a 15-20 per cent increase in shipping costs New Delhi: The escalating conflict in West Asia is hurting...
Experts welcome Union Health Ministry’s draft Bill on passive euthanasia
The guidelines also lay out conditions such as if the individual has been declared brainstem dead, or if there is a medical prognostication and considered opinion that the patient's disease condition is advanced and not likely to benefit from aggressive therapeutic...
Sebi decides to introduce new asset class; ‘MF Lite’ framework for passive funds
Madhabi Puri Buch,chairperson, Sebi The board cleared 17 proposals, including an amendment to insider trading rules to clarify the definitions of ‘connected person’ and ‘immediate relative’ and relaxed eligibility criteria and compliance requirements for investment...
10 new Insurance Ombudsmen selected
The new Insurance Ombudsmen are -Sarojini S Dikhale, for Mumbai, Umesh Sinha, Thane, K Vinayak Rao, Chennai, Alka Jha, Chandigarh, Neerja Kapur, Bengaluru, Ajay K Sharma, Guwahati, Pradeep K Jain, Kochi, G Sobha Reddy, Hyderabad,Satyajeet Ranjan, Jaipur,...
India’s monsoon rains hit four-year high in boost to crop output
India badly needed good rainfall in 2024 after its driest year in five years in 2023, which depleted reservoir levels and trimmed production of some crops. This forced New Delhi to impose curbs on exports of rice, sugar and onions MUMBAI: India's monsoon rainfall this...