Fraudsters, the Department warned, are increasingly using fake...
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CBDCs more superior to Stablecoins as they satisfy all attributes of money: RBI DG T Rabi Sankar
"Stablecoins can undermine trust in the currency and finance...
Cabinet nod for Bill seeking to open up civil nuclear sector for private participation
To facilitate the implementation of the Nuclear Energy Mission,...
ICMR study shows COVID vaccine not responsible for heart attacks: Mansukh Mandaviya
Union Health Minister Mansukh Mandaviya According to a peer-reviewed ICMR study that came out in November last year, vaccines administered for COVID-19 did not increase the risk of sudden death among young adults in India but it was the post-Covid hospitalisation,...
Alok Rungta appointed as MD &CEO of Future Generali India Life Insurance
Alok Rungta, Managing Director & CEO designate,Future Generali India Life Insurance With an extensive background spanning over two decades in the insurance industry’s diverse markets, Alok is currently the deputy CEO and CFO of the company. Before this, he held...
App delisting cannot be permitted: Minister Vaishnaw on Google-Indian startups row
"I have already called Google…I have already called the app developers who have been delisted, we will be meeting them next week. This cannot be permitted..This kind of delisting cannot be permitted," IT and Telecom Minister Ashwini Vaishnaw asserted New Delhi: Taking...
India to see warmer summer, more heatwave days this year: IMD
More heatwave days than normal are predicted over northeast peninsular India -- Telangana, Andhra Pradesh and north interior Karnataka -- and many parts of Maharashtra and Odisha, it said New Delhi: India is likely to experience a warmer summer and more heatwave days...
Telangana govt rejoins PM Fasal Bima Yojana scheme to safeguard farmers
A Revanth Reddy,Chief Minister, Telanngana ''The state government adopted the Pradhan Mantri Fasal Bima Yojana (PMFBY) again to safeguard the farmers from the hardships in farming,'' a state government release said Friday night Hyderabad: The Telangana government has...
Sebi clears Fairfax-backed Digit’s IPO after delay
Prem Watsa, CEO, Fairfax Financial Digit now plans to market its IPO to prospective investors over the next month and targets a listing by May, said a person with direct knowledge of the matter It plans to raise Rs 12.5 billion rupees ($151 million) through its...
AM Best’s first ever credit ratings for ICICI Lombard, affirms financial strength rating of B++ (Good)
Although the company’s five-year average combined ratio was 104.8%, it has consistently outperformed the domestic general insurance market in India SINGAPORE: Announcing its ratings for the first ever Indian private sector general insurance company, international...
LIC pays Rs 2,441 crore as an interim dividend to government
From (Lto R), Siddhartha Mohanty, chairperson handing over a cheque of Rs Rs 2,441.44 crore to Nirmala Sitharaman, finance minister, as an interim dividend to the government. Vivek Joshi, Secretary, Financial Services and M P Tangirala, additional secretary,...
ICICI Bank buys 25 lakh shares to make ICICI Lombard Gen Insurance subsidiary co
The move follows a May 2023 resolution by the bank's board to increase the bank's holding ICICI Lombard by another 4 per cent in multiple tranches Mumbai: Private sector lender ICICI Bank on Thursday said it has bought an additional 25.14 lakh shares of ICICI Lombard...
Govt shortlists 5 GMs for selecting a CMD of United India Insurance
The new head office of Chennai based United India Insurance, which was inaugurated by Union Finance minister Nirmala Sitharaman, virtually, on Friday The DFS now has prepared a new list of five general managers(GMs)- BS Rahul, Agriculture Insurance...