Most of the public sector banks have already informed their...
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DoT allocates 30 GHz radio frequency for v-to-v communication systems:Gadkari
Union Minister Nitin Gadkari also informed that AI-based road...
CERT-In handled over 29.44 lakh cyber incidents in 2025
The centre tracks networks of internet-connected devices such as...
Fintech will drive income and wealth creation, says CEA
V Anantha Nageswaran,Chief Economic Advisor Speaking at the ninth edition of the Global Economic Summit held in Mumbai, CEA Nageswaran said rapidly evolving Fintech solutions will have a transformative impact on income, savings and wealth creation in India and...
GIC Re’s net profit jumps 42% to Rs1036 cr in Q1FY25
N Ramaswamy, CMD, GIC Re GIC Re has expanded its premium income by almost 40 per cent y-o-y to Rs 12,406 crore during the quarter ending in June 2024 `We now plan to push growth both in top line and bottom line. Of course, we are closely...
Existing rules allow termination of govt staff for giving fake certificate to secure job: Centre
"The extant instructions provide that if it is found that a government servant had furnished false information or produced a false certificate in order to secure an appointment, he should not be retained in service," Union Minister of State for Personnel Jitendra...
Mention Of heatwaves at all-time high in India’s earnings calls
While heat wave was a recurring theme in many earnings transcripts, high raw-material costs driven by geopolitical tensions in the Middle East and disruptions to shipping routes were also significant factors Mumbai/New Delhi: India’s sweltering summer is the latest...
Govt taken steps to start trial, assessment of caller name display: MoS Telecom
"The necessary steps have been taken by the government to start the trial and assessment of the implementation of CNAP service by Telecom Service Providers," Minister of State for Communications Pemmasani Chandra Sekhar said in a written reply in Rajya Sabha New...
NIA’s profit falls almost 17% to Rs 217 crore in Q1FY25
Girija Subramanian,CMD , New India Assurance Going forward, the company will be focusing on the retail segment and better performance can be expected in the coming quarters, Girija Subramanian, CMD, New India Assurance, who took charge of the company in June Mumbai:...
New India’s Lavanya Mundayur selected as CMD of AIC
Lavanya Mundayur, general manager and chief underwriting officer, New India Assurance Mundayur is the youngest general manger in the PSU general insurance industry and will retire in May 2029 New Delhi: The Financial Services Institutions Bureau(FSIB) has selected...
LIC eyes majority stake in a health insurance company: CEO
Siddarth Mohanty, MD& CEO, LIC, said the work has already started for finding a suitable buy in the health insurance space and the corporation is waiting for the change of regulations by the government to facilitate composite licenses in the Indian insurance...
LIC’s net profit rises almost 10 % to Rs 10,461 crore in Q1 fy25
Siddhartha Mohanty, CEO & MD, LIC Siddhartha Mohanty, CEO & MD, LIC, said, “The momentum around increasing share of non par products within individual segment continues and our non par share, on an APE basis, within the individual business has increased to...
Household savings moving towards alternative investment avenues: RBI
Alternative investment avenues are becoming more attractive to retail customers and as a result banks are facing challenges on the funding front with deposits trailing loan growth,RBI Governor Shaktikanta Das Referring to the recent incidence of unprecedented IT...