“This intelligent, automation-led DR solution sets a new benchmark...
Category:
Indian News
Latest
Govt raises wage hike offer to 14% from 12% for PSU general insurance industry
The GIPSA has called for a virtual meeting of unions on Tuesday...
Embeded Resilience: Banks need to manage climate, cyber and geo-political risks, says BCG Report
C S Setty, chairman, State Bank of India, said, “India’s Digital...
Odisha to spend Rs 2000 crores for disaster resilient infrastructure: CM Naveen Patnaik
Moreover, automated weather and rain gauge stations will be set up in every panchayat and the World Bank will provide financial assistance for 3,000 panchayats in this regard, the Chief Secretary said Bhubaneswar: Odisha to spend Rs 2000 Crores for disaster resilient...
Insurers to provide details of basic features to customers from Jan 1, 2024
Policyholders will also be informed about policy coverage (like hospital expenses), exclusions (what the policy does not cover), waiting period, financial limits of coverage, claims procedure, and details about grievances/complaints redressal mechanism. Hyderabad:...
Market sentiment remains cautious amid West Asia crisis
Of the total FPI AUM of around $ 652 billion financial services account for $213 billion and IT accounts for $ 64 billion. It is important to note that stock prices in these segments are weak due to FPI selling and not due to any fundamental factors New Delhi: In the...
“Flight problems, baggage and refund issues are major complaints of air passengers”: DGCA
Consumer Affairs Secretary Rohit Kumar Singh mentioned that the National Consumer Helpline has received about 10,000 complaints related to the airline sector in the last year. The report states further that the maximum number of complaints were received by Indigo (61)...
Sebi turns up heat on unregistered influencers giving tips on social media
Sebi has repeatedly warned investors about the dangers of acting on dubious advice on social media, and has taken action against at least 29 unregistered entities for giving recommendations Mumbai: India’s legion of financial influencers are once again under the...
Bagi’s net profit records a 40% jump to Rs 468 crore in Q2
Tapan Singhel, MD & CEO, Bajaj Allianz General Insurance With an underwriting profit of Rs 37 crore, Bajaj Allianz has reported a healthy combined ratio of 95.3% for Q2 FY 23-24 Pune: Bajaj Allianz General Insurance(Bagi) reported a net profit of Rs 468 crore with...
Irdai sets up panel to simplify wording of insurance polices
The Insurance Regulatory and Development Authority of India (Irdai) said policyholders often find it difficult to comprehend the terms and conditions in insurance policy contracts because of the complexity of the language used New Delhi: Regulator Irdai on Thursday...
Sensex plunges more than 800 points to fall below 64k mark
In the whole of October, the Sensex has plunged over 2,600 points so far leaving investors poorer by Rs 9.8 lakh crore in the month.. V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services said there is risk-off in global equity markets triggered...
India should not agree to take binding commitments on free cross-border data flows under IPEF: GTRI
The framework,launched jointly by,14 IPEF partners represent 40 per cent of global GDP and 28 per cent of global goods and services trade, is structured around four pillars relating to trade, supply chains, clean economy, and fair economy (issues like tax and...
Reinsurers stick to rule book, to pay only upto Rs 500 crore as claims for Rs 12,000 cr Teesta Hydro power project
“For Sikkim event, loss assessment is underway. We do not expect it to be a major event based on initial information available,” said Hitesh Joshi, general manger, GIC Re to Asia Insurance Post ``Our hands are tight, We will go by the rule book and the...