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At least 320 dead in Himachal floods, losses over Rs 3,000 crore
The state has suffered losses of over Rs 3,040 crore due to 91...
Q1 GDP numbers reflect India’s resilience, outlook remains positive: Economic Affairs Secretary
Anuradha Thakur, Secretary, Department of Economic Affairs "There...
Sitharaman to address global reinsurance meet in Mumbai on Thursday, to promote India as a global reinsurance hub
The power packed event will be addressed by Vivek Joshi, secretary, Department of Financial Services, Debasish Panda, chairman, IRDAI, K. Rajaraman, chairperson, IFSCA, Hasmukh Adhia, chairman, GIFT City, Siddhartha Mohanty, chairman, Life Insurance Corporation New...
LIC keen to keep part of its stake in IDBI Bank to reap benefit of bancassurance
''We have made it clear that IDBI Bank is our number one partner in bancassurance. We will retain the some stake in IDBI Bank so that the bancassurance partnership continues,'' LIC Chairman Siddhartha Mohanty said Mumbai: State-owned LIC, promoter of IDBI Bank, has...
S&P ups India’s FY’24 growth forecast to 6.4 pc on robust domestic momentum
The US-based rating agency, however, has cut growth estimates for the next fiscal (2024-25) to 6.4 per cent, as it expects growth to slow in the second half (October-March) of the current fiscal, on higher base impact and subdued global growth New Delhi: S&P...
SC expresses satisfaction over steps taken to prevent lumpy skin disease in cattle
The bench was hearing two separate petitions, including the one filed by a social and animal activist who had sought a direction to the Centre and others to pass a law for the protection of cattle and saving them from lumpy skin disease New Delhi: The Supreme Court...
Tata Group unit owes $210 mln in US trade-secret fight, jury says
The jury said on Friday that Tata owed DXC $70 million for misappropriating its trade secrets and an additional $140 million because its misuse was "willful and malicious." A jury in Dallas, Texas federal court has decided that India-based Tata Consultancy Services...
Private general insurers expand market share to 53.58 pc in H1’FY24
According to the Irdai data, up to September 2023 health insurance was the largest non-life segment followed by motor (total) and crop insurance New Delhi: Private general insurers increased their combined market share to 53.58 per cent in gross direct premium...
Sebi plans to introduce same day trade settlement by March 2024
Madhabi Puri Buch ,Chairperson,Sebi Amid concerns in some quarters over the exorbitant valuation of certain initial public offerings, Sebi Chairperson Madhabi Puri Buch has said the regulator would certainly look into the matter if disclosures on the valuation are...
Respiratory illnesses: Govt reviews preparedness measures in view of emerging Chinese public health situation
In a letter by union health secretary to States and UTs, they have been advised to immediately review public health and hospital preparedness measures viz. availability of HR, hospital beds, drugs and vaccines for influenza, medical oxygen, antibiotics, personal...
Indian exporters cautiously watch respiratory illness in China; say cause for concern if spreads more
Domestic exporters said that the present situation is not alarming but if the illness spreads to other parts of the globe, it will have an impact on world trade as China is a hub of global manufacturing and exports New Delhi: Expressing concern over the current...
Bengal to go tough on sale of antibiotics without prescription
“Rampant use of antibiotics has become a vicious circle. Once certain drug-resistant bacteria for a certain level of antibiotics are developed in the human body, people are resorting to stronger dosage to antibiotics. This circle is resulting in the growth of multiple...