``Facial recognition systems have misidentified minorities with up...
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Thane MACT awards Rs 1.2 crore compensation to kin of businessman killed in expressway accident
Tribunal member R V Mohite on Thursday directed the owner of the...
Govt throws open CMD posts of PSU general re/insurance cos and one position of LIC MD for pvt sector professionals
The new norms now will allow eligible private sector professionals...
RBI issues draft guidelines on payment aggregators
The RBI said that given the growth in digital transactions and the significant role that PAs play in this space, the current directions on PAs are proposed to be updated and cover, inter alia, KYC and due diligence of merchants, operations in Escrow accounts, and...
Aditya Birla Capital to scale up life and health insurance business: Kumar Mangalam Birla
Kumar Mangalam Birla, chairman,Aditya Birla Group ``Our Health Insurance business is one of the fastest growing Standalone Health Insurance players driven by a unique ‘Health-first’ model. It also raised capital in FY23 from a marquee sovereign wealth fund, ADIA. This...
IBISA launches climate cover for protecting Indian dairy industry from heat waves
In response to the significant decline in milk yield, estimated at 30-35% during severe heat waves, IBISA's Heat Stress Solution utilizes advanced climate metrics and satellite technology to provide vital protection for dairy farmers Bengaluru: IBISA, an insurtech...
Markel appoints Priyanka Gautama as chief underwriting officer for India
Priyanka Gautama, chief underwriting officer, Markel, India Gautama’s arrival underscores the organisation’s commitment to recruiting top-tier talent as it continues to serve brokers locally through superior underwriting, while supporting the business’s overarching...
India likely to experience above-normal rainfall this monsoon: IMD
Climate scientists say the number of rainy days is declining while heavy rain events (more rain over a short period) are increasing, leading to frequent droughts and floods. New Delhi: India is likely to experience above-normal cumulative rainfall in the 2024 monsoon...
Sensex tanks over 900 points on concerns over Middle East conflict weak global trends
"There are many headwinds that will weigh on markets today: the renewed conflict in the Middle East, proposed changes in the India-Mauritius tax treaty and the hotter-than-expected US inflation are negatives," said V K Vijayakumar, Chief Investment Strategist, Geojit...
Panda wants Bima Sugam up and running by Apr 19, 2025 coinciding with IRDAI’s 25th foundation day
Debasish Panda, chairman, IRDAI Apr 19,2025, is the 25th foundation day of the Hyderabad based regulator and IRDAI chief chosen that day to launch Bima Sugam , which is expected to usher in the `UPI moment' in the Indian insurance industry Mumbai: Debasish Panda,...
BJP Manifesto 2024: PM Modi promises to make India a global insurance hub
Prime Minister Narendra Modi Every elderly person above the age of 70 years will be brought under the ambit of Ayushman Yojana Further strengthening the PM Fasal Bima Yojana through more technological interventions to ensure speedy and more accurate assessment, faster...
Middle East tensions: India may suspend flight ops to Israel
''We are closely monitoring the developing situation in the Middle East. Presently, our aircraft will operate on alternative flight paths to and from India, according top priority to the safety of our passengers and crew,'' an Air India spokesperson said in a...
Finmin for enhanced KYC, due diligence for merchants & banking correspondents to check fraud
During 2023, as many as 11,28,265 cases of financial cyber fraud worth Rs 7,488.63 crore were reported, as per the data compiled by National Crime Records Bureau (NCRB) To strengthen the mechanism to deal with cyber crimes in a comprehensive and coordinated manner,...