Mathew George,executive director, United Indian Insurance and...
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Labour Ministry proposes 90-day annual work threshold for gig worker social security
It explained that a gig worker, or a platform worker, will be...
MeitY writes to X over “misuse of Grok AI” for obscene content, seeks action taken report within 72 hours
"Failure to observe such due diligence obligations shall result in...
ADB commits $2.6 billion in sovereign lending to India
"ADB's portfolio in 2023 supported the government's priority agenda. We will continue to focus on projects and programmes that accelerate India's structural transformation, create jobs, address infrastructure gaps, promote green growth, and foster social and economic...
Investors’ wealth eroded by Rs 5.12 lakh crore in four straight days before Lok Sabha outcome
''Nifty dropped by 183 points, marking the fourth consecutive decline as election jitters triggered intense selling. The Sensex fell by nearly 668 points to 74,503,'' said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd. Mumbai: Investors' wealth eroded by...
Pesky calls: IRDAI asks industry players to comply with TRAI norms
In a circular on Tuesday, the insurance regulator has said regulated entities can only use the `140/180’ numbering series(or any other numbering series allocated/assigned by DoT/TRAI in future for the purpose) for making commercial calls Hyderabad: In a bid to curb...
Naveen Chandra Jha appointed as new MD&CEO of SBI General Insurance
Naveen Chandra Jha, MD& CEO, SBI General Insurance Jha has been promoted as deputy managing director of the bank from the post of chief general manager(CGM) and has been posted as MD &CEO of the general insurance company Mumbai: State Bank of India has...
India’s sovereign rating outlook upgraded to positive by S&P Global Ratings
"We expect sound economic fundamentals to underpin the growth momentum over the next two to three years," S&P said, adding that regardless of the outcome of general elections, the ratings agency expects broad continuity in economic reforms and fiscal policies...
Insurers have to reduce premiums or raise sum assured in case of no claims by health insurance customers: IRDAI
A health insurance policy is renewable and can't not be denied on the ground that claim (s) was made in the preceding policy years, except in case of established fraud or non-disclosure or misrepresentation by the insured Insurers have grant final authorization within...
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...