"Looking ahead, we expect a gradual shift in the product mix as...
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Akasa Air, SpiceJet planes come in contact at Delhi airport; suffer damages
In a statement, SpiceJet said its Boeing 737-700 aircraft was...
Nagaraju asks LIC to monetise massive data from its 29 crore policies
Lto R- Dinesh Pant, managing director(MD), LIC, R. Doraiswamy, MD...
LIC keen on buying stakes in a suitable health insurance company,says CEO Doraiswamy
``We are evaluating various options available in the market, but we don't have any particular deadline or any such immediate date by which we are looking at doing that. We'll be open to having a stake if a very good opportunity makes itself viable,'' said Doraiswamy,...
Environmental Concerns:SC refuses to pass any order related to Adani group’s proposed thermal power plant in UP
CJI Kant said the difficulty is that sometimes concerns are raised for power plants, sometimes for forests and sometimes for rivers, but developmental projects cannot be stalled like this. The bench emphasised the need for robust enforcement machinery and scientific...
Competition Commission slaps Rs 27 cr fine on Intel Corp for unfair biz practices
The penalty has been imposed on the company for abusing its dominant position in the market for Boxed Micro Processors (BMPs) for desktops in India. New Delhi: Competition Commission has imposed a fine of Rs 27.38 crore on Intel Corp for indulging in anti-competitive...
AI171 plane crash: Air India starts process for final compensation
Tata Group-owned Air India is in the process of paying the interim compensation of Rs 25 lakh, and would also offer Rs 10 lakh in addition to the final compensation to each of the families, sources said on Thursday. Besides, an ex gratia amount of Rs 1 crore to the...
No major impact on normal life due to one-day nationwide strike call
According to reports, a mixed response was seen in states including Odisha, Kerala, Tamil Nadu, Goa, Jharkhand, Chhattisgarh, Madhya Pradesh and Punjab.Public transport, markets, educational institutions, and business establishments were affected as major roads,...
Data-driven governance and research critical for resilient securities markets: SEBI Chairman
He highlighted that while artificial intelligence and advanced analytics can strengthen surveillance and detect fraud, algorithmic markets can create feedback loops, and AI models can introduce opacity. To address these "real and growing" concerns, he called for...
Stanchart launches health and wellness offerings for high- net-worth clients in partnership with Niva Bupa
Recognising the growing demand among Indian consumers for end-to-end healthcare support, the collaborations,in partnership with Niva Bupaand WHOOP, a fitness and health wearables company, span the entire healthcare journey - from preventive care and early diagnosis to...
Govt sticks to e-cigarette ban in snub for Philip Morris
"The government of India is not considering revoking, amending or relaxing this ban. India remains committed to evidence-based tobacco control and cessation measures," the health ministry said in response to Reuters queries about the lobbying by Philip Morris adding...
RBI proposes ban on 3rd‑party sales incentives to bank staff to curb mis-selling
The RBI mandated banks to refund the entire sum where mis‑selling has been established and to compensate customers for any losses in line with approved policies. Mumbai: The Reserve Bank of India (RBI) has proposed a ban on incentives paid by third parties to bank...
Govt deliberates on roadmap for Financial Inclusion 2.0
M. Nagaraju, Secretary, Department of Financial Services Nagaraju emphasized the need for further strengthening measures for achieving goal of presence of at least one bank branch in each subdivision in the North Eastern region, enhancing insurance and pension...