The Ministry of Labour & Employment has also taken steps to...
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Govt to table Bill to hike FDI in insurance sector to 100% in Winter session of Parliament
A bill seeking to open up the civil nuclear sector for private...
“Insurers could be mandated to meet annual disability coverage targets monitored through digital dashboards”Sr Govt official
“IRDAI's role, along with the Ministry of Health and Family Welfare...
Number of farmers under PM’s crop insurance scheme rises by 27 pc in 2023-24: Govt
During this period, a total amount of nearly Rs 31,139 crore was paid by farmers as their share of premium against which claims of over Rs 1,55,977 crore have been paid to them. Thus, for every Rs100 of premium paid by farmers, they have received about Rs 500 as...
RBI directs credit card issuers to give users choice of other networks
"On a review, it is observed that some arrangements existing between card networks and card issuers are not conducive to the availability of choice for customers," the Reserve Bank of India (RBI) said in a circular Mumbai: India's central bank on Wednesday said...
India needs investments in geriatric care:Smriti Irani
Smriti Irani, Union Minister Women and Child Development ''The issue is: are we preparing for that reality from an economic and socio-economic perspective?'' She wondered if we have mapped the need for investments in geriatric care, stating that even though we may be...
EAC-PM pitches for mandating EV sales by all automobile manufacturers
As per the EAC-PM, the number of EVs as a percentage of total vehicles in the country stood at 0.21 per cent, while EV four-wheelers as a percentage of the total four-wheelers amounted to only 0.08 per cent New Delhi: The Economic Advisory Council to the PM (EAC-PM)...
National consumer commission fines Apollo Hospital, Chennai, its two doctors Rs 30 lakh
According to the complaint, the patient underwent spinal surgery on April 20, 2015, at Apollo Specialty Hospital in Chennai but never regained consciousness due to the negligence of the hospital and doctors New Delhi: The National Consumer Disputes Redressal...
Star Health settles 1cr claims for over Rs 44,000 cr since 2006
Anand Roy, MD and CEO, Star Health Insurance With rapid medical advancements, patients have seen a reduction in the average length of stay in hospitals by up to 20% since 2008. However, the average claim size has seen a four-fold jump, indicating significant medical...
Committee of Creditors asks Hindujas to complete RCap resolution by March end
COC, in an official communication, through its lawyer Luthra and Luthra, on Monday, has further asked IIHL to provide all necessary information, documents and cooperation to obtain the pending regulatory approvals, especially from the Indian insurance regulator IRDAI,...
India’s wheat, rapeseed ravaged by rain just before harvesting
"The entire wheat crop has been flattened due to heavy rainfall and hailstorm. It was nearly mature, and we could have harvested it in two to three weeks," said Mukesh Kumar, a farmer from Uttar Pradesh, the country's largest producer of the grain Untimely rainfall...
Govt launches Chakshu to report fraud calls, phone number leaks by firms
Union IT and Communications Minister Ashwini Vaishnaw said that through digital measures to check fraud and crime, the Department of Telecom Services has been able to help citizens save around Rs 1,000 crore in the last nine months and Rs 1,008 crore has been frozen...
AI advisory applicable on big platforms, not on start-ups: MoS IT Chandrasekhar
''Advisory is aimed at the significant platforms and permission seeking from Meity is only for large platforms and will not apply to startups. Advisory is aimed at untested AI platforms from deploying on the Indian Internet,'' Minister of State for Electronics and IT...