Around 5 lakh accidents occur in India (annually) and around 1.80...
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GIC Re net profit sees a record rise of 70 % to Rs 1,752 crore in Q1FY26
N Ramaswamy, CMD, GIC Re Combined Ratio improves by 2.66% to...
LIC’s net profit rises 5% to Rs 10,987 crore in Q1FY26, pauses on Health Insurance foray till new Insurance Bill
R Doraiswamy, CEO & MD, Life Insurance Corporation ``We will...
Defer implementation of NMC regulations making prescribing generic drugs mandatory: IMA to govt
The IMA said the ''biggest impediment to generic drugs is the uncertainty about their quality. The quality control in the nation being very weak, there is practically no guarantee of the quality of drugs and prescribing drugs without assured quality would be...
CAG flags deficiencies in implementation of IEC plan in AB-PMJAY
"The NHA did not provide any details and records about a comprehensive Information, Education and Communication(IEC) plan and its implementation status at the Central level. In the absence of these details and records, audit could not verify whether IEC activities...
Race for IRDAI’s member (Finance and Investment) post hots up
The race for member (Finance and Investment) is hotting up as it is believed N. Srinivas Rao, a former joint secretary, department of financial services(DFS) and currently a chief economist & president (Corporate Affairs), Bajaj Finserv, Lalit Kumar Chandel, again...
“Natural calamity created unimaginable crisis”: PM Modi
Prime Minister Narendra addresses the nation from the ramparts of the Red Fort on the 77th Independence Day Government has plans to increase the number of 'Jan Aushadhi Kendras' from 10,000 to 25,000 India will become the third-largest economy in the next few years...
NHA and IRDAI hold workshop to help insurers integrating with ABDM and NHCX
Speaking about the outcomes from this workshop, CEO, NHA said – “This Accelerator Workshop was a first-of-its-kind focused initiative for ABDM adoption in the insurance sector. The large number of entities who got successfully integrated demonstrate the power of...
Over 50 killed in Indian Himalayas as rain triggers landslides
"Again, tragedy has befallen Himachal Pradesh, with continuous rainfall over the past 48 hours.More than 50 people had died in rain-related incidents within 24 hours," the state's chief minister, Sukhvinder Singh Sukhu, said Torrential rain in India's Himalayas...
National Insurance Academy seeks partnerships to venture into hi-tech research and training: new Director
``We are keen on taking insurance related initiatives to the masses through new age technologies like AI, ML and Blockchain etc and undertake research in the areas of Cyber security, Financial Inclusion, Social Security, Crop yields, Risk Management, allied areas and...
RBI selects McKinsey and Company, Accenture Solutions to use AI, ML to improve regulatory supervision
The RBI is looking to extensively use advanced analytics, artificial intelligence and machine learning to analyse its huge database and improve regulatory supervision over banks and NBFCs. For this purpose, the central bank plans to hire external experts Mumbai: The...
No compensation paid from Environment Relief Fund since 2019: Govt
Instituted under the Public Liability Act, 1991 (PLIA) in the wake of the Bhopal Gas Tragedy, the Environment Relief Fund's (ERF) primary purpose is to offer immediate relief to victims of accidents involving hazardous substances. The PLIA mandates industries handling...
Doctors to be penalised for not prescribing generic drugs, says new NMC regulation
Even though doctors are currently required to prescribe generic drugs only, there are no penal provisions mentioned in the regulations issued in 2002 by the Indian Medical Council "Every RMP (registered medical practitioner) should prescribe drugs using generic names...