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Substantial growth in insurance biz since GST rationalisation: Irdai’ Sood
"What we've seen in October, that is an indication of how things...
Finmin asks hospitals, insurers to make healthcare affordable and accessible for policyholders
M Nagaraju, Secretary,Financial Services , Ministry of Finance The...
Budget fy25: Health experts urge FM to allow co-payment scheme for Ayushman Bharat in pvt hospitals, subsidise vaccines
Nirmala Sitharaman, Union Finance Minister The experts also highlighted that, under the Ayushman Bharat Scheme, patients often need to go to private hospitals because 85 per cent of tertiary care beds are in the private sector. They suggested implementing a co-payment...
RBI Governor underscores need to eliminate biases in algorithms as artificial intelligence and machine learning
RBI Governor Shaktikanta Das highlighted efforts by the RBI to harness digital footprints and computing power to analyze expectations, sentiment indicators, and policy credibility from alternative data sources. The exponential growth in digital data and storage...
Centre to conduct thorough check of airports, says Civil Aviation Minister
Union Civil Aviation Minister Ram Mohan Naidu Kinjarapu, who visited the Terminal-1 site soon after the incident, said, "We will conduct a thorough check on all the airports that come under our purview…we will make the necessary report and see if there is a...
Wage negotiations for all PSU general insurers to begin soon
GIPSA informed deputy central labour commissioner on Thursday that the performance of all PSU general insurance companies has improved and they were are awaiting DFS go ahead for calling unions for wage revision negotiation. In turn, deputy CLC advised the DFS and...
Truecaller partners with HDFC ERGO for Fraud Insurance in India
Alan Mamedi, CEO, Truecaller commented, "Despite offering the world's best caller identification and fraud protection services, some of our users unfortunately can become victims of criminal fraud. We want to be able to offer peace of mind by protecting our users...
Nifty surpasses 24,000 for 1st time, Sensex goes past 79,000 after sharp bull run
The market capitalization of BSE-listed firms hit a lifetime high of Rs 4,38,41,960.73 crore (USD 5.25 trillion), with investors' wealth increasing by Rs 3.93 lakh crore in just four sessions. Noteworthy, it took the BSE benchmark merely two sessions to move from the...
Ayushman Bharat health scheme to provide free treatment to all aged above 70 years: Prez
President Droupadi Murmu The Government is going to take yet another decision in this area. Now all the elderly above 70 years of age will also be covered and get the benefit of free treatment under Ayushman Bharat Yojana,' President Droupadi Murmu said while a...
General insurers have to pay GST on any sale of motor salvage by them: Govt
In cases, where the insurance claim is settled on full claim amount, without deduction of value of salvage/ wreckage (as per the terms of the contract), the salvage becomes the property of the insurance company and the insurance company will be obligated to discharge...
Sensex, Nifty close at record high, media and energy stocks shine
Among the sectoral indices, media, energy, PSU bank, fin services and pharma were major gainers Mumbai: Indian equity indices closed at a record high on Wednesday following a rally in media and energy stocks. During the market hours, the Sensex and Nifty registered a...
TATA AIG General Insurance issues largest-ever Rs 100 crore of Performance Surety Bond
Deepak Kumar, senior executive vice president & head - Reinsurance, Credit & Aviation Insurance at TATA AIG General Insurance, stated, "Through this issuance, we are standing by our client to fulfil their contractual obligations throughout the entire tenure of...