Replying to a question in the Rajya Sabha on whether the government...
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Users free to keep or delete Sanchar Saathi: Jyotiraditya Scindia
According to the direction dated November 28, all mobile phones...
Messaging Apps like WhatsApp to work only with active SIM, DoT tightens cyber norms
The Centre's latest directive means that these messaging services...
FIU notifies fresh money laundering, terror financing reporting alerts for insurance and capital market players
A working group, that included insurance regulator IRDAI, went into issues related to the insurance sector during 2022-23 fiscal and the revised guidelines laid "special stress" for generating alerts in cases of frauds experienced by the insurance firms and analyse...
Centre wants electronic component makers to ensure nation’s security interests: IT Secy
S Krishnan,Secretary,Ministry of Electronics and Information Technology "With this space (cyber security) getting critical, national risks are also huge. It is not at the individual level but even at the national level, the cyber security risks are huge. What we...
SBI General reports a 30.4% rise in net profit at Rs 240 crore in FY 24
Kishore Kumar Poludasu,MD and CEO,SBI General Insurance "The retail business led by Motor and Health have shown strong growth. SBI General Insurance continues to be No. 1 in the Personal Accident segment in the private market, along with its strong presence in various...
US food regulator gathering information on Indian spices after alleged contamination
MDH and Everest spices are among the most popular in India and are also sold in Europe, Asia and North America. India's food regulator, the Food Safety and Standards Authority of India (FSSAI), is now checking the quality standards of the two companies, following the...
6th Bima Manthan: Panda and insurance CEOs brainstorm on Bima Trinity, new products and data
Debasish Panda,chairman,IRDAI The industry's preparedness for transitioning towards Risk-Based Supervision, Risk Based Capital frameworks and convergence to International Financial Reporting Standards (Ind-AS) took center stage of the latest Bima Manthan, with...
South India faces water crisis as reservoir levels plunge to just 17 pc: CWC
The reduced storage levels in the southern region are indicative of worsening water scarcity and potential challenges for irrigation, drinking water supply and hydroelectric power generation in these states New Delhi: The southern region, encompassing states of Andhra...
SBI Life Q4 net profit grows by 4% to Rs 811 crore
SBI Life said it registered a growth of 9 per cent in the value of new business (VoNB) to Rs 5,550 crore in FY24.VoNB is the present value of expected future earnings from new policies written during a specified period. Mumbai: SBI Life Insurance, the second largest...
BAGIC’s net profit jumps 18% to Rs 380 crore in Q4FY24
BAGIC’S underwriting loss stood at Rs 76 crore for 04 FY24 as compared to a loss of Rs 2 crore in 04 FY23.The insurer’s combined ratio stood at 101.6 per cent in Q4 FY24 over 97.3 per cent in 04 FY23. Pune: Bajaj Allianz General Insurance...
Bima Vistaar: IRDAI unveils premium for its mass combo cover at Rs 1500, for a family at Rs 2420
Debasish Panda, chairman,IRDAI Bima Vistaar will have a combined features of Life, Health, Personal accident and Property. For Life cover a premium of Rs 820 has to be paid while Health, Personal accident, Property have been priced at Rs 500, Rs 100 and Rs 80...
RBI plans curbs on suspect bank accounts to fight cyber frauds
The plans come as internal government data shows individuals have lost funds of nearly $1.26 billion in financial institutions to cyber fraud since 2021, with one of the sources saying about 4,000 fraudulent accounts are opened every day Tens of thousands of Indians...