The Board said that safety instructions have been issued to zones...
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Bajaj General Insurance wins Rs 374 crore PMFBY claim case against Maha Govt in Bombay HC
In its verdict, the Bombay High Court dismissed the Maharashtra...
NPS customers can now operate multiple pension schemes: PFRDA
Account holders will now be able to operate multiple pension...
Ram temple in Ayodhya can withstand once-in-2,500-year quake: Scientists
"The scientific study was done to ensure the structural safety of the temple for the Maximum Considered Earthquake, equivalent to a 2,500-year return period, The entire superstructure has been constructed using Bansi Paharpur sandstone, embodying a dry jointed...
Hike in incidents of compromising govt, high-profile persons’ social media accounts: CERT-In
''Recent trends have shown an increase in incidents where scammers and threat actors take over social media accounts of high-profile personalities, official government accounts and enterprise accounts,'' CERT-In, the national technology arm to combat cyber attacks and...
Exports from Kolkata port may be hit due to soaring freight rate rice ban geopolitical turmoil
"Freight costs have soared to USD 400-500 per 20ft container and USD 600-700 for 40ft container shipments to the UK," Debojyoti Basu, vice-president of the Calcutta Customs House Agents' Association Kolkata: Exports from Kolkata port, a gateway to eastern India, are...
FAA restrictions on Boeing 737 MAX manufacturing expansion cast uncertainty for Indian carriers
In a statement, the FAA said: "We will not agree to any request from Boeing for an expansion in production or approve additional production lines for the 737 MAX until we are satisfied that the quality control issues uncovered during this process are resolved." New...
Govt reaching saturation on social sector schemes for providing basic necessities to poor: FM
Finance Minister Nirmala Sitharaman Nearly 50 per cent of the population were devoid of fundamental things 50 or 60 years post independence New Delhi: Finance Minister Nirmala Sitharaman on Thursday said the government is close to reaching saturation in implementing...
Sunil Sharma takes over as CEO of RGA’s India operations
Sunil Sharma,CEO, RGA, India Sunil Sharma, a qualified actuary, holds more than 30 years of experience in insurance and reinsurance markets globally and was the president, chief actuary, and chief risk officer at Kotak Life most recently Hong Kong: Reinsurance Group...
Bima Manthan: IRDAI to include state insurance plans in revised rural and social obligation for the industry
The mission of achieving maximum insurance inclusion received further impetus through deliberations on the progress of the industry under the State Insurance Plan, said the IRDAI on Thursday The broader discussions ventured into crucial areas, such as availability of...
Arbitration Clause valid only for commercial segments and not for retail insurance, says IRDAI
Accordingly, the IRDAI, in a recent circular, has asked the general insurers to state in the policy documents for commercial lines of business that “The parties to the contract may mutually agree and enter into a separate Arbitration Agreement to settle any and all...
Insurers launch cashless hospitalisation facility for settling claims at all hospitals
(L to R) Segar Sampathkumar, Director, Health, General Insurance Council, Tapan Singhel, MD and CEO of Bajaj Allianz General Insurance and Neerja Kapur, CMD, New India Assurance at an event in Mumbai in Wednesday for launching “Cashless Everywhere” initiative Under...
DGCA slaps Rs 1.10 crore penalty on Air India for safety violations
The regulator carried out a detailed probe after receiving a voluntary safety report from an airline employee alleging safety violations of flights operated by Air India on certain long range terrain critical routes, according to a release on Wednesday New Delhi:...