Indian steel is predominantly produced using blast furnaces, where...
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Landslides after heavy rain in northern India kill 15, several missing
Uttarakhand is prone to floods and landslides, which some experts...
More than 2 lakh camps organised till Sep 15 under fin inclusion saturation drive
This has resulted in the opening of over 61 lakh new Pradhan Mantri...
Insurance industry welcomes Sitharaman’s Interim Budget
In agriculture, support for post-harvest investments, dairy farmers, disease control, and crop insurance highlights a commitment to the sector's growth. Healthcare accessibility is set to improve with the extension of Ayushman Bharat and the plan to establish...
IRDAI: Sinha joins as member,Finance, Nithiyanantham promoted as ED
Sinha is now expected to play a key role in processing applications of new players, who have applied for the licenses , numbering over 20, and implementing regulator's key innovative tech platforms like Bima Sugam and Bima Vistaar, which were piloted by his...
Centre to boost EV Infra, new bio-manufacturing scheme in the offing: FM
Finance Minister Nirmala Sitharaman said through rooftop solarisation, one crore households will be enabled to obtain up to 300 units free electricity every month that will result in savings of Rs 15,000 to 18,000 annually for households New Delhi: As Elon Musk looks...
Interim Budget: Big infra projects outlay hiked to Rs 11.1 lakh crore, cuts fiscal deficit to 5.1% of GDP
High-powered committee to look into the challenges arising from fast population growth and demographic changes Top priority is being given to empower four segments that include the poor, women, youth and farmers for the support of the government Ayushman Bharat cover...
Burman family raises stake in Religare Enterprises to 25%
Mohit Burman, chairman, Dabur India The acquirers of Raligare are controlled by members of the Burman family, which has investments across various sectors such as home healthcare, restaurants, insurance(Care Health Insurance), consumer goods, FMCG, etc. New Delhi: The...
Thalassemia, haemophilia patients in Haryana to get Rs 3,000 monthly disability pension
Manohar Lal Khattar, Chief Minister,Haryana Last year, Haryana Chief Minister Manohar Lal Khattar announced to include thalassemia and haemophilia patients with an annual family income up to Rs 3 lakh under the ambit of the disability pension rules Chandigarh:...
PB Fintech’s first quarterly net profit at Rs 38.05 crore in Q3
Revenue from operations rose nearly 43 per cent to Rs 871 crore as proceeds from its insurance broker services more-than-doubled Mumbai: PB Fintech, the parent of online insurance aggregator Policybazaar, reported on Tuesday its first quarterly profit since listing,...
BAGIC net rises 3% to Rs 281 cr in Q3
Tapan Singhel , MD & CEO, Bajaj Allianz General Insurance The private sector insurer’s combined ratio increased to 102.9 per cent in 03 FY24 from 100.3 per cent in 03 FY23.Excluding the NATCAT impact. combined ratio for 03 FY24 stood at 99.5 per cent.BAGIC’s...
LIC’s $30 billion market rally gives IPO investors chance at redemption
Gains in India’s broader equity market have been a boon to LIC, also the country’s largest investor with funds of more than $100 billion. An improved outlook for its premium business and prospects of a higher dividend payout has also spurred interest in the shares,...
Bajaj Finserv acquires Vidal Health Insurance TPA
Vidal Health Insurance TPA Pvt Ltd (VHITPA), services premium of over Rs 5,000 crore, covering 130 million lives. The acquisition now enables Bajaj Finserv Health, a subsidiary of Bajaj Finserv of to offer OPD, wellness, as well as hospitalization benefits to...