Niva Bupa Health Insurance on Monday said it has suspended the...
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SC rejects PIL against nationwide rollout of 20 ethanol-blended petrol
The Centre opposed the plea and claimed E20 fuel benefits sugarcane...
Ajay Seth takes over as new IRDAI chairman
Ajay Seth, chairman, IRDAI Analysts expect Seth to hit the ground...
LIC reclaims Rs 5 lakh cr market cap; stock hits 52-week high
''We believe that LIC has a strong marketing agency force, while most focus has been on par policies, the agency team is capable of selling non-par policies as well,'' the analyst said Mumbai: The Life Insurance Corporation of India on Thursday reclaimed market...
No ‘spectacular announcement’ likely in Feb 1 Budget, says finance minister
"It is a matter of truth that February 1, 2024 budget that will be announced will just be a vote on account because we will be in an election mode. So the budget that the government presents will just be to meet the expenditure of the government till a new government...
PM Modi’s vision for GIFT-IFSC to shine at global financial tech extravaganza – Infinity Forum 2.0
Prime Minister Narendra Modi The theme of the Forum, 'GIFT-IFSC: Nerve Centre for New Age Global Financial Services,' will be explored through three tracks: Plenary Track focusing on the making of a new age international financial centre, Green Track making a case for...
Digital India Act unlikely to be in place before next general election: MoS IT Rajeev Chandrasekhar
Rajeev Chandrasekhar, Minister of State for Electronics and IT The proposed Digital India Act (DIA) has a lot of focus on the online segment. It will focus on making the internet open with rules to check on the dominance of certain players, focus on online safety and...
Arbitration agreements can be binding on non-signatory firms under ‘group of companies’ doctrine: SC
“Requirement of a written arbitration agreement does not mean that non-signatories will not be bound by it, provided there is a defined legal relationship between the signatories and the non-signatories and that the parties intended to be bound by it by the act of...
Equity benchmarks’ record run continues; Nifty nears 21,000 points
"During the medium-term, in the run up to the general elections, the market is likely to move up aided by three factors -- expectations of political stability after the elections; favourable domestic macros like strong GDP growth, declining inflation, stable interest...
‘ Tamil Nadu has received historic rainfall but damage less than previous times” says CM Stalin on effect of Cylone Michaung
Chennai Airport has resumed operations after being temporarily shut down due to heavy rains that caused flooding and waterlogging on the runways, said an airport official Chennai: Amid destructions caused by Severe Cyclonic storm 'Michaung' in the state, Tamil Nadu CM...
Sensex surges beyond 69k mark as nifty rockets with 400-point rally: Investors’ wealth rises by Rs 2.4 lakh crore
Foreign portfolio investors acquired stocks worth Rs 2,073.2 crore, while domestic institutional investors remained net buyers in the last two sessions, purchasing stocks totalling Rs 4,797.1 crore, according to NSE data. Gold prices reached new highs in Monday's...
Centre plans to introduce cashless treatment of accident victims pan India
According to Road Transport and Highways Secretary Anurag Jain, it is envisioned to provide access to cashless trauma care treatment for road accident victims at the nearest appropriate hospital in the country, in accordance with the Supreme Court ruling, and by...
AM Best revises outlook on India’s Non-Life Insurance segment to stable
The Best’s Market Segment Report, “Market Segment Outlook: India Non-Life Insurance,” notes that factored into the outlook revision are recent regulatory shifts that have allowed for increased and new investments in Indian insurers by multinational players and direct...