The PFRDA will now allow private pension funds to invest in the top...
Category:
Indian News
Latest
Number of train accidents in India is down from 135 in 2014-15 to 31 in 2024-25: Railway Minister
Vaishnaw highlighted various safety measures taken by the Indian...
TRAI-RBI pilot to help select customers review, revoke consents given for promotional content
Under the joint TRAI–RBI Digital Consent Acquisition (DCA) pilot to...
GIC Re’s net profit rises 3% to Rs2,642 crore in Q4FY24, records underwriting profit and positive combine ratio
``Despite having nine catastrophic events, which have added Rs 3,300 crore of losses for GIC Re, we had a profitable year in Fy 24. As a matter of strategy, we have increased our domestic premium by almost 15 per cent in Apr 1 renewals while going slow in mobilising...
All procedure followed for share sale, says REL chairperson Rashmi Saluja
Rashmi Saluja,executive chairperson, Religare Enterprises Ltd Earlier this month, Burman Family, who are locked in a pitched battle with Religare Enterprises for the acquisition of the financial services firm, made fresh complaints against Saluja about insider trading...
India to stick to policy path even if Modi loses, Rajan Says
Raghuram Rajan, former governor, Reserve Bank of India “There is a lot of continuity built into Indian policy. Whatever government comes in will take a lot of the good stuff that has been done and continue it.” Raghuram Rajan, a former governor and now a professor of...
Above average monsoon to boost agriculture and overall economic growth: IMD
"Conditions favourable for onset of monsoon over Kerala in next 5 days. India's monsoon core zone comprising most of the rain-fed agriculture areas likely to receive above normal rainfall" IMD New Delhi: India is likely to receive above average monsoon rains this...
LIC plans health foray through acquisitions, net profit rises 2% to Rs 13,763 cr in Q4, to pay Rs10 dividend in Fy 24
“During the last year, we have focused on directional changes in our product mix and enhancing margins in the business. We have more than doubled our share of non-par business within our Individual business. Now we intend to focus our strategic interventions to...
Bima Vitarak Manthan: IBAI wants Bima Vahaks to join brokers as point of sales person
Debasish Panda,chairman, IRDAI At the recently concluded Bima Vitarak Manthan, Debasish Panda, chairman, IRDAI emphasized on creating an insurance ecosystem which is highly sensitive to the needs of the policyholders propelling towards “Zero Friction, Zero Pain-points...
Remal weakens into cyclonic storm, expected to move northeastwards: IMD
Scenes of widespread devastation were evident across West Bengal's coastal areas, with extensive damage to infrastructure and property, a day after Cyclone Remal tore through the coasts of Bangladesh and West Bengal with winds reaching speeds of 135 km per hour New...
3 PSU general insurers need Rs 94-102 billion capital infusion to meet solvency of 1.5, says ICRA
Neha Parikh, vice president and sector head – Financial Sector Ratings, ICRA, further said : “With higher growth, the market share of private insurers in terms of GDPI is likely to rise to 69% for FY2025 and 71% for FY2026 from 68% for FY2024. The health segment,...
2024 General Elections: Policies and markets at risk
A lower margin of victory for Modi could lead to short-term volatility, fund managers said, while a win for the opposition could lead to a sharper correction due to policy uncertainty New Delhi: India's six-week long national election, the world's largest, has entered...
“License invalid, no emergency exit doors…”: Police reveal lapses in Delhi Children Hospital fire incident
``The hospital did not have a fire exit system. So in view of all this, we have added sections 304 and 308 of IPC in FIR and we have arrested its director, Dr Naveen Kichi. One of the doctors who was on duty, Dr Akash, has also been arrested. The accused have 3 such...