"Looking ahead, the company remains optimistic about sustaining...
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Ministry of civil aviation clarified pilot not being blamed for AI plane crash: Centre to SC
Justice Joymalya Bagchi said, “The AAIB inquiry is not for...
Mahindra & Mahindra and Canadian Manulife form 50:50 life insurance JV, To invest Rs 3,600 crore
“We can plan getting into non-life business if composite license is...
Growing water stress can negatively impact India’s sovereign credit strength: Moody’s
India's average annual water availability per capita is likely to drop to 1,367 cubic meters by 2031 from an already-low 1,486 cubic meters in 2021, according to the Ministry of Water Resources MUMBAI/BENGALURU: India's worsening water shortage, triggered by high...
Zurich to increase headcount by 40 % in India
Tulsi Naidu, chief executive officer for Asia Pacific There are opportunities to grow in commercial, small and medium enterprise, assurance, auto and general insurance, Naidu said, noting the business has already recorded growth of 40% “over the past few years.”...
Ritesh Kumar moves to ERGO as dy COO, Anuj Tyagi will be new MD& CEO of HDFC Ergo from July 1
Anuj Tyagi, MD &CEO designate, HDFC ERGO General insurance Ritesh Kumar will join ERGO International from October 4, 2024 onwards and as the new deputy COO and will focus on the Asian growth markets, such as China, Thailand and Singapore Mumbai: Anuj Tyagi, 49,...
India’s disaster management moving forward with a ‘Zero Casualty Approach, says Home minister Shah
Amit Shah,Union Home Minister Shah also reviewed the preparations to deal with Glacial Lake Outburst Flood (GLOF) New Delhi: Emphasizing on optimum use of satellite imagery provided by the Indian Space Research Organization (ISRO) by various agencies for flood and...
IOA planning medical insurance and pension for former Olympians
"The IOA is committed to taking athlete-centric steps, and one of these is providing medical insurance and pension for all our ex-Olympians," IOA President and legendary athlete PT Usha said New Delhi: The Indian Olympic Association (IOA) is set to introduce...
53rd GST Council- No tax on co-insurance and reinsurance commission, Rs 25,000 crore demand notices on Indian re/insurers revoked
(LtoR)- Sanjay Malhotra, Revenue Secretary, Nirmala Sitharaman, Union Finance Minister and Pankaj Chaudhary, minister of state,Ministry of Finance, at a press meet on Saturday after the 53rd Goods and Services Tax (GST) Council meet in New Delhi Earlier, Indian...
India mulls income tax cuts in Budget as part of $6 billion consumer boost
Officials in the Ministry of Finance have discussed proposals to reduce taxes for consumers with the highest propensity to spend, the people said, asking not to be identified because the talks are private Prime Minister Narendra Modi’s government is considering...
Group Mediclaim Policies: No claim can be denied for non- availability of details of members, says IRDAI
A policyholder can access information on unclaimed amounts with any insurer in one place at https://bimabharosa.irdai.gov.in/Home/Unclaimed Amount Commenting on the new regulations, Rakesh Jain, CEO, Reliance General Insurance, said, ``A key feature in the circular is...
Punishing summer: 114 heatwave deaths reported, nearly 41,000 cases of suspected heatstroke
Uttar Pradesh is the worst-affected having reported 37 deaths followed by Bihar, Rajasthan and Odisha, according to the data compiled under the National Heat-Related Illness and Death Surveillance by the National Centre for Disease Control (NCDC). “The data may not be...