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Social security coverage rises to 64% from 19% in 2014: Mansukh Mandaviya
Labour and Employment Minister Mansukh Mandaviya noted that 94...
Snooping not possible with Sanchar Saathi app: Scindia
Union Communications Minister Jyotiraditya Scindia repeated that...
Urgent healthcare reformation needed: IMA chief criticizes Ayushman Bharat structure
Indian Medical Association chief Dr R V Asokan also described the government's flagship Ayushman Bharat health insurance scheme as ''poorly structured and underfunded'' and called for increasing investments in the health sector New Delhi: Terming health an "orphan",...
Star Health Insurance Q4 net profit jumps 40% to Rs 142 crore
The company's underwriting losses have gone up by 40 per cent to Rs 91 crore in Q4FY24.The health insurer's combined ratio, one of the key matrix in profitability, has risen marginally to 92.7 per cent in Q424 from 91.30 per cent in Q4FY23 Chennai: Star Health and...
BS Rahul takes over as CMD of United India Insurance
BS Rahul, CMD, United India Insurance The department of financial services(DFS) has issued Rahul's order of appointment on Monday afternoon and he has already taken over his new assignment by today evening `` During my tenure as CMD of UII, it would be my duty to in...
States, UTs urged to link ABHA IDs with health portals: Health Secretary
As per the Ayushman Bharat Digital Mission (ABDM) dashboard, total ABHA IDs created in the country as on April 3, 2024 is 5,894.60 lakhs, Health Secretary Apurva Chandra said Under the ABDM, citizens can create their ABHA numbers, to which their digital health records...
Over 500 relocated to safety as sinking land threatens homes in Ramban, J-K
A total of 100 households were affected as 58 houses got completely damaged due to the land subsidence, the official said, adding that so far 500 people have been evacuated and provided shelter at safer places. Jammu: More than 500 people have been relocated to safer...
Kusal Roy to become CEO of Jio Finance
Kushal Roy,Standard Chartered Plc’s India country manager Jio Financial, the holding company of Jio Finance also plans to launch a mutual fund and an insurance business in addition to a payments business. It has applied to the Reserve Bank of India to convert to a...
IRDAI slaps a Rs 20 lakh fine against Edelweiss Tokio Life Insurance for violating shareholding norms
In an order signed by two members, BC Patnaik, Life and RK Sinha, Finance and Investment , the regulator has alleged that the insurer has carried out changes in the shareholding pattern of the joint venture, without its prior approval and also the company has not...
RCap lenders urge Hinduja Group arm to resolve IRDAI’s concerns early
According to the sources, the lenders expressed concerns over the slow progress towards the implementation of RCAP resolution plan, as IIHL is yet to receive the crucial IRDAI approval on the resolution plan.The IRDAI has raised multiple queries and concerns over the...
Cholamandalam General Insurance reports a PBT of Rs 444 crore in FY 24
V. Suryanarayanan, MD&CEO, Cholamandalam General Insurance The insurer has recorded a gross written premium of Rs 7,598 crore for the financial year ending March 31, 2024.The company said due to the impact of natural calamities like Cyclone 'Biparjoy', 'Michaung'...
Indian economy remains in bright spot: Ministry of Finance
"While a record Rabi crop will help in moderating cereal prices, the increasing occurrence of weather shocks poses an upside risk to food prices. Geopolitical tensions and their effect on oil prices add to this risk. However, Kharif crop prospects look bright at this...