This comes amid reports of deaths of 11 children, nine in Madhya...
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Govt issues notices to 25 offshore crypto assets cos for non-compliance of money laundering law
The government has also instructed these entities to take down...
National Pension System delivered over 13% annual returns in equity schemes: FM Sitharaman
The new framework gives pension funds the freedom to create their...
Advertising body ties up with CCPA to check misleading ads
The CCPA has requested ASCI to forward any advertisement that is non-compliant with the ASCI Code and could potentially violate the Consumer Protection Act, 2019, along with its accompanying guidelines, to the CCPA for appropriate action, a statement said New Delhi:...
Atal Pension Yojana design best guarantees minimum 8 pc return says Sitharaman rebuts Cong charges
"Atal Pension Yojana is designed based on best practice choice architecture to automatically continue the premium payment unless the subscriber opts out. This is a deliberate and beneficial feature which is in the best interest of the subscribers," Nirmala Sitharaman,...
After pricing, IRDAI now allows general insurers freedom of wordings in corporate policies from Apr 1
Now, the insurers can change terms, conditions, clauses, warranties, policy and endorsement wordings applicable to certain classes of business such as Fire, Engineering, Motor, Workmen’s Compensation and other classes of insurances which were not allowed earlier....
Higher burden of breast cancer in Tamil Nadu, Telangana, Karnataka, Delhi: ICMR study
According to the projections, the burden of female breast cancer in India in 2025 is expected to be 5.6 million DALYs. Premature deaths due to breast cancer (YLLs) would contribute 5.3 million DALYs to the total burden, with the remaining due to disability (YLDs). New...
Karnataka moves SC seeking direction to Centre to release funds for drought management
"Cumulatively for Kharif 2023 season, the agriculture and horticulture crop loss have been reported in more than 48 lakh hectares with the estimated loss (cost of cultivation) of Rs 35,162 crore," the plea, filed through advocate D L Chidananda, said New Delhi: The...
Centre issues guidelines to states, UTs on preventing hospital fires during summer months
As temperatures escalate during the summer months, hospital fires become a significant threat, the advisory said New Delhi: With temperatures rising, the Centre on Saturday directed states and Union territories to ensure that all hospitals within their jurisdiction...
UP plans law for insurance of passengers in vertical transport
“One good thing that we have also provided in the draft is compulsory third-party insurance of passengers who will be entitled to monetary compensation in the event of any harm they suffer on account of a lift accident. Insurance coverage will be provided by the owner...
Regulatory Revamp: IRDAI approves Bima Sugam, unveils 8 new principle-based consolidated regulations
Debasish Panda, chairman, IRDAI These new regulations encompass pivotal domains such as safeguarding of policyholders' interests, rural and social sector responsibilities, electronic insurance marketplace(Bima Sugam), insurance products and operation of foreign...
V Jagannathan’s new health insurance venture `Galaxy Health’ receives IRDAI nod
V. Jagannathan Galaxy Health and Allied Insurance Company is a joint venture between V Jagannathan's family, who had earlier the founded Star Health Company and TVS group. Former Star Health CEO Dr S Prakash has also joined the new venture as a CEO. Hyderabad: Galaxy...
Girija S selected as CMD of New India, BS Rahul for UII
Girija Subramanian, CMD,Agriculture Insurance Company This is also for the first time that a serving CMD of a PSU entity again participated in the selection exercise meant to choose a CMD of another PSU insurer New Delhi: The Financial Services Institutions...