n its report tabled in Parliament last week, the Public Undertaking...
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Income Tax Department cautions taxpayers against rise in fake emails, SMS scams
Fraudsters, the Department warned, are increasingly using fake...
CBDCs more superior to Stablecoins as they satisfy all attributes of money: RBI DG T Rabi Sankar
"Stablecoins can undermine trust in the currency and finance...
Bima Sugam: IRDAI forms an interim board for project, new company and CEO by month end
Headquartered in Mumbai, the entity would now be incorporated as a Section 8 (non-profit) company under the name ‘Bima Sugam India Federation’. The members of its interim board are are- Rakesh Joshi, former member, IRDAI, Naveen Tahilyani, MD&CEO, Tata Digital,...
Delhi ACB uncovers alarming discrepancies in 44 private hospitals
The ACB inspected 62 medical facilities in Delhi, revealing several were operating without proper licenses, safety measures, or registration certificates New Delhi: The Anti-Corruption Branch (ACB) of Delhi has uncovered alarming discrepancies in 44 private hospitals,...
India’s monsoon hits key western state, may falter next week, sources say
"The monsoon will take a pause for few days. Except for the west coast, most of the other regions will receive less rain. Farmers need to wait for proper moisture levels in the soil before sowing summer crops and should not sow them in a hurry, the official said. New...
Sensex jumps 692 points, Nifty closes above 22,800
Indian equity benchmarks closed in green for a second consecutive day on Thursday as India VIX declined over 11 per cent Mumbai: Stock markets rallied for the second straight day on Thursday with the benchmark Sensex jumping nearly 693 points on easing political...
PNB MetLife India Insurance appoints Sameer Bansal as MD & CEO
Sameer Bansal, MD and CEO designate, PNB MetLife , Bansal had joined PNB MetLife India insurance in 2007 and is currently chief distribution officer and a member of the leadership team New Delhi: PNB MetLife India Insurance announced today the appointment of Sameer...
Canadian billionaire Prem Watsa to step down as Fairfax India chairman, replaced by son Benjamin
Benjamin Watsa, chairman, Fairfax India Holdings Corp The firm also hired insider Gopalakrishnan Soundarajan as its new CEO, with effect from July 1, replacing Chandran Ratnaswami, who will transition to the role of executive vice chairman Toronto: Fairfax India...
Investors gain Rs12 lakh crore as stock markets shrug off poll jitters
To be sure, investors say the election outcome - with Modi's alliance winning 293 of 543 lower-house seats - is unlikely to derail this trajectory, nor is India's broadly stable currency and attractive debt market likely to be unduly ruffled. "We're still seeing...
HDFC Life’s assets under management cross Rs3 lakh crore
HDFC Life has a debt: equity mix of 67:33 with 99% of debt investments in Government bonds and AAA rated securities as on Mar 31, 2024 Mumbai:HDFC Life, one of India’s leading life insurance companies, announced thatit has crossed Rs 3 lakh crore in Assets Under...
Modi retaining power under changed circumstances to make reforms challenging: Economists
Among key bills that may face delays include amendments to the Insurance Act, 1938, and the IRDAI Act to allow composite licensing for insurers and labour law implementation New Delhi: Prime Minister Narendra Modi retaining power in the general elections under...
PNB to sell 10% in Canara HSBC Life
PNB's board in its meeting held today has accorded its approval for initiating the process of diluting 10 per cent stake of the bank in Canara HSBC Life Insurance Co Ltd, an associate company of the Bank, by listing the company in stock exchanges (BSE/NSE) through...