Remarkably, the top 10 alone hold wealth equal to 28 per cent of...
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RBI holds rates to assess policy impact, projects higher GDP
Sanjay Malhotra, governor, Reserve Bank of India The central bank...
Zero GST Impact: Pvt sector general and health insurers slash commission to brokers and agents by 18% from Oct 1
ICICI Lombard General Insurance, Tata AIG General insurer, Star...
India surpasses WHO guidelines with 1:900 doc-to-population ratio: Bhubaneswar Kalita
''As we strive for universal health coverage, it is imperative to empower communities with knowledge and resources to safeguard their wellbeing. The government has increased the number of medical colleges and we will have one medical college in every district and...
IRDAI Board meets today, to approve Bima Sugam
Bima Sugm will be officially called as Rashtriya Bima Sugam Nigam Ltd, built with an intial corpus of Rs 200 crore and the shareholding of the company will be widely held amongst life insurers, general insurers and health insurers with no single entity having...
Indian insurance industry receives Rs 54,000 crore FDI since December 2014: DFS Secy Joshi
Financial Services Secretary Vivek Joshi said that the Assets Under Management (AUM) nearly tripled to Rs 60.04 lakh crore as on March 31, 2023 as compared to Rs 21.07 lakh crore in 2013-14, while total insurance premium recorded more than two-fold jump to Rs 10.4...
Star Health Insurance sets up operations in GIFT City
Anand Roy, MD & CEO of Star Health Insurance said, “This is a pivotal step in our expansion strategy, extending our reach beyond Indian borders and providing seamless access to our health insurance offerings for Non-Resident Indians (NRIs) and the global Indian...
“Government in process of creating dedicated deeptech startup policy,” says DPIIT Secretary RK Singh
Rajesh Kumar Singh, the Secretary of the Department for Promotion of Industry Emphasizing the importance of government support for startups, Singh highlighted that beyond funding, startups require orders from the government to kickstart their journey effectively. He...
Water crisis in India’s silicon valley presents pressing challenge, say industry players
"Companies have started giving work from home, as employees refuse to come to office citing water shortage. This is of course impacting operations because there is a whole new setup that needs to be done to cater to the sudden shift," co-founder and CEO of Kuku FM,...
Centre seeks more time to frame policy on online sale of medicines, Delhi HC grants ‘last opportunity’
The high court, which was hearing several petitions seeking a ban on the "illegal" sale of drugs online and challenging the draft rules published by the ministry to further amend the Drugs and Cosmetics Rules, listed the matter for further hearing on July 8 New Delhi:...
India’s universal health insurance plan achievable, says Devi Shetty
Devi Prasad Shetty, Founder and Chairman of Narayana Health This universal insurance program, according to Devi Shetty hasn't happened because of an inherent trust deficit between stakeholders -- insurance companies, hospitals, and patients New Delhi:India is poised...
Banks asked to check mis-selling of insurance products, safeguard account holders’ interest: DFS Secy
Vivek Joshi ,Financial Services Secretary Banks have been sensitised on the matter, as the Department of Financial Services (DFS) regularly gets complaints that fraudulent and unethical practices are being adopted by banks and life insurance companies for procuring...
Election Commission to use two laws counter-narrative to curb misinformation during Lok Sabha polls
"Tackling misinformation in today's digital age is complex. We have put certain measures in place to ensure misinformation is nipped in the bud. We will be proactive in debunking fake news. Originators of fake news will be dealt with severely as per extant laws,"...