“We can plan getting into non-life business if composite license is...
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GIC Re net profit surges 55% to Rs 2,867 cr in Q2FY26, global premium rises 15% to Rs 9,600 cr
`GIC Re’s broad objective is to maintain its dominance in the...
IRDAI closely monitoring health insurance claims gaps, says Chairman Seth
Ajay Seth, chairman,IRDAI `While the number of health insurance...
6.22 crores hospital admission worth Rs 79,174 crore authorised under the Ayushman Bharat
Approximately 3.37 crore hospital admissions worth Rs 52,207 crore have been authorised in private hospitals, Union Health Minister Mansukh Mandaviya informed the house New Delhi: Around 6.22 crores hospital admission worth Rs 79,174 crore were authorised under the...
Thousands of accounts at Paytm Payments Bank set up improperly – sources
The Reserve Bank of India (RBI) is concerned that some of the accounts could have been used for money laundering, Multiple accounts at Paytm Payments Bank were linked to the same identification proof and that transactions in those accounts ran into millions of rupees....
Temasek Holdings sold its entire 5.42% stake in Policybazaar’s parent firm PB Fintech for Rs 2,425 cr
Billionaire Azim Premji's private equity fund Premji Invest on Friday also divested a 1 per cent stake in Policybazaar's parent firm PB Fintech for Rs 457 crore through an open market transaction Mumbai: On Thursday, Singaporean sovereign wealth fund Temasek Holdings...
RBI cautions public against frauds in KYC updation
In case of financial cyber frauds, members of public should immediately lodge a complaint on the National Cyber Crime Reporting Portal (www.cybercrime.gov.in) or through cybercrime helpline (1930) Mumbai: In the wake of continuing incidents/ reports of customers...
Constant taunts over financial limitations grounds for divorce: Delhi HC
The court observed: "Pressurising a spouse to fulfill distant and whimsical dreams clearly not within his financial reach may create a sense of persistent dissatisfaction, which would be sufficient mental strain to drain the contentment and tranquillity out of any...
Identify & remove deepfakes else face legal action, govt reminds intermediaries
Intermediaries have been warned that non-compliance will lead to losing exemption from liability provided under section 79(1) of IT Act,” the minister emphasised,Rajya Sabha, Minister of State for Electronics and IT New Delhi: The government has emphasised that social...
Law Commission recommends amendments in Prevention of Damage to Public Property Act
The panel said that destruction of public property has continued undiminished and the scale of destruction has only increased over the years causing gargantuan losses to the public exchequer and inconvenience to the general public New Delhi: The 22nd Law Commission,...
IRDAI asks insurers to put in place Climate Risk Management framework by Apr 1
As part of the Board’s internal governance practices, the Board has to consider and adopt appropriate steps and measures towards succession planning through a process of proper identification and nurturing of individuals for taking up directorship and KMP (Key...
Insurers need not seek its prior-approval for going public: IRDAI
The IRDAI will soon provide more clarity on capital structure of the applicants seeking new registration and provide more clarity on applicability of requirement of prior- approval for transfer of shares Hyderabad: Announcing some key measures, Indian insurance...
Defamation should be retained as an offence in criminal laws: Law Panel
In its report on the law on criminal defamation submitted to the government on Thursday, the panel asserted that it is important to keep in mind that the right to reputation flows from Article 21 of the Constitution, and being a facet of right to life and personal...