Sanjiv Bajaj, chairman & managing director, Bajaj Finserv "The...
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IBAI meets Sitharman, submits proposals for insurance inclusion
Lto R- Narendra Kumar Bharindwal, president, IBAI,Nirmala...
SEBI chief warns investors on fraudsters offering guaranteed returns
Tuhin Kanta Pandey, Chairman,SEBI "Our survey reveals that an...
Sebi cracks down on finfluencer, orders to impound Rs 12 cr ‘unlawful gain’
In its interim order issued on Friday, the regulator noted Ravindra Bharti Education Institute was involved in imparting advice relating to investing in, purchasing, selling or otherwise dealing with insecurities or investment products in lieu of consideration....
Climate change impacts constitutional guarantee of right to equality: SC
''It is imperative for states like India, to uphold their obligations under international law, including their responsibilities to mitigate greenhouse gas emissions, adapt to climate impacts, and protect the fundamental rights of all individuals to live in a healthy...
Social commerce set to scale, but concern of authenticity looms large: Industry
''Social commerce is expected to grow 10x by 2030 to a USD 55 Billion market in India. It is particularly strong in Tier 2 and Tier 3 cities with a focus on affordable products, particularly in the fashion and home improvement space,'' said Anand Ramanathan, Partner,...
IMD using AI machine learning to enhance weather forecasts: Director general
"We aim to provide forecasts at the Panchayat or village level…tailoring weather information to sector-specific needs in agriculture, health, urban planning, hydrology, and environment," India Meteorological Department Director General Mrutyunjay Mohapatra said New...
S Africa’s Sanlam hikes stake in 2 Shriram insurance JVs, TPG to exit insurance cos
Sanlam has already entered into a share purchase deal to buy 6.29 per cent in Shriram General Insurance Company (SGIC) and 7.04 per cent in Shriram Life Insurance Company (SLIC) from TPG India Investments, and 4.45 per cent in SGIC and 4.98 per cent in SLIC from the...
Wheat price won’t be affected, vegetable needs to be watched out: RBI Governor on heatwave predictions
Shaktikanta Das,Governor,Reserve Bank of India The RBI Governor said that since wheat harvesting is almost over in the country, any heatwave condition won't impact wheat prices, but the prices of vegetable has to be watched out in wake of the temperatures...
RBI holds key rate steady on robust growth, above target inflation
Shaktikanta Das,Governor,RBI Robust growth provides space for monetary policy to remain focused on bringing inflation down to the central bank's 4% target, said RBI Governor Shaktikanta Das MUMBAI: The Reserve Bank of India held the key repo rate unchanged for a...
Indian general insurance industry grows by 12.80% to Rs 2,89.726 crore in FY 23-24
The four large PSU general insurers, with a total premium of over Rs 90,000 crore, have been able to retain a market share of 31.18 per cent in FY 23-24. Their total market share was 32.27 per cent in fy 22-23. The private sector general companies now have a market...
No increase in prices of essential medicines this fiscal year Mandaviya
"This year the inflation has not increased. It is just 0.005. Therefore companies are not going to increase prices this year.," Union Minister Mansukh Mandaviya asserted New Delhi: Union Minister Mansukh Mandaviya said on Thursday said there will be no increase in...
New India ends FY 23-24 with a global prm of Rs 41,860 cr
``Our motto remains growth with profitability. And in this process, we have let go of a few loss-making businesses which were unwilling to renew at the right price or terms. Our market share is 12.78 per cent and we remain the market leader. The industry continues to...