Despite the Bill to hike FDI in the insurance sector to 100 per...
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Govt sets up a merger cell for due diligence of merger among 3 PSU general insurers
Any possibility of three companies- NIC, OIC and UII - getting...
Parl Panel for diversification of crude sources to cut geopolitical risks
n its report tabled in Parliament last week, the Public Undertaking...
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...
Moody’s raises India’s 2024 GDP forecast to 6.8% from 6.1%, India to remain fastest growing G-20 nation ,
"Robust goods and services tax collections, rising auto sales, consumer optimism and double-digit credit growth suggest urban consumption demand remains resilient. On the supply side, expanding manufacturing and services PMIs add to evidence of solid economic...
Aon appoints its Asia CFO Rishi Mehra as India chief
Rishi Mehra, India chief, Aon Working closely with Jon Pipe, CEO and principal officer of Aon India Insurance Brokers and Nitin Sethi, CEO of Aon Consulting Private Limited, Mehra will bring together the collective capabilities across Risk, Health,Wealth and Talent...
Spending on paan, tobacco, intoxicants increased in last one decade, says Govt Survey
The survey also stated that spending on beverages and processed food has increased to 10.64 per cent in urban areas in 2022-23 from 8.98 per cent in 2011-12. New Delhi: Consumption of paan, tobacco and other intoxicants has increased with people spending a bigger...
Social media platforms need Govt nod to launch AI models in India
"It is reiterated that non-compliance to the provisions of the IT Act and/or IT Rules would result in potential penal consequences to the intermediaries or platforms or its users when identified, including but not limited to prosecution under IT Act and several other...