"DoT emphasises that these regulations are essential for...
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Exempt life insurance from GST to enable insurers to claim ITC benefits: LIC MD Patnaik
Ratnakar Patnaik,managing director,LIC, appealed to the government...
DPDP Rules:Centre mulls compressing timeline cites industry’s adherence to global data norms
"So as we go forward once data protection board is put in place and...
IMA and Hospital Board of India raise concerns over newly launched `Cashless Everywhere’ scheme
The `Cashless Everyehere’ initiative has been rolled out without adequately addressing the concerns raised by the Indian Medical Association and Hospital Board of India. There is an absence of clear guidelines and procedures governing the implementation of the...
Underwrite disruptions to improve market penetration: IRDAI chief to insurers
Debasish Panda,chairman, IRDAI "There is a need to come out of the traditional and conventional roles and embrace dynamism and agility and also there is a need to see the sector from a different lens," IRDAI's chief Debasish Panda said, acknowledging the role of...
Gallagher appoints Sneha Gokarn as its new CEO for India
Sneha Gokarn, CEO and principal officer of Gallagher, India ``Sneha, who has been a board member and executive director of our business a number of years has extensive experience in both the Indian insurance market and Gallagher, and we are delighted Sneha will be...
AIIMS Delhi moves to cashless system with introduction of digital patient care card service
Calling it a significant step for digital India, the Health Minister stated that this initiative marks the first move towards "One Nation, One AIIMS, One Card." "AIIMS Smart Payment Card will resolve the long-pending issue of patients from far-flung areas carrying...
Mahindra Finance & IBM collaborate to drive financial inclusion with Super App
This app will be housing Mahindra Finance’s various vehicle and non-vehicle lending businesses, including personal loans, enterprise loans, mortgage loans, leasing solutions, payments, fixed deposits, insurance solutions, and other investment & wealth management...
DGCA takes necessary steps to prevent runway incursions following Haneda airport incident
Apart from establishing a runway safety team at all aerodromes and ensuring their effective functioning, the regulator has emphasised on comprehensive training for pilots, air traffic controllers, aircraft maintenance engineers, and drivers operating inside an airport...
Parliament passes Water Act, decriminalises minor water pollution related crimes
According to the statement of objects and reasons of the bill, the amendment proposes to rationalise criminal provisions and ensure that citizens, businesses and companies operate without fear of imprisonment for minor, technical or procedural defaults. Also, the...
Weakening El Nino conditions raise hopes of ‘bountiful monsoon’ in India
Weather scientists in India, tracking the developments closely, have said that La Nina conditions setting in by June-August could mean monsoon rains would be better this year than the last year.The southwest monsoon delivers about 70 percent of India’s annual...
RCap administrator objects Rs 118 crore special payment proposal to key team of Reliance General Insurance
`This action of yours in provisioning for the KMPs runs contrary to your representation on the solvency ratio post infusion of the additional funds, Also, we, have not granted any approval under section 197 of the Companies Act 013 for the payment of such remuneration...
Delhi HC orders Delhi Government to provide Rs 50,000 ex-gratia compensation to families of COVID-19 victims
In a judgment, the apex court had made clear that irrespective of the cause of death mentioned in the death certificate, if a family member satisfies the requisite eligibility criteria, he or she shall also be entitled to the ex gratia payment of Rs 50,000 on...