UIDAI CEO Bhuvnesh Kumar said that the authority is considering...
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Need to relook at Rs 15k ceiling for mandatory pension enrolment: DFS Secy
“We need to look at it…how do we secure the future of those who...
TRAI mandates pre‑tagging of variables in SMS content templates to curb fraud
Evidence from multiple Unsolicited Commercial Communications (UCC)...
PSU insurers’ shares see sudden spurt on Friday
After lying low in recent years, on Friday GIC Re's share price has risen by 15 per cent to Rs 304.45 while NIA's scrip has gone up by 20 per cent to Rs 209. LIC's share gained 10 per cent and closed at a monthly high of Rs 678 on Friday Mumbai: Though , Sensex fell...
Berkshire Hathaway exits Paytm; sells 2.46 pc stake for Rs 1,371 crore
The shares were disposed of at an average price of Rs 877.29 apiece, taking the transaction value to Rs 1,370.63 crore. Mumbai: Billionaire Warren Buffet-backed Berkshire Hathaway Inc on Friday divested its entire 2.46 per cent stake in Paytm’s parent company One97...
Closely monitoring outbreak of H9N2, clusters of respiratory illness in children in China: Govt
There is a low risk to India from both the avian influenza -- H9N2-- case reported in China as well as the clusters of respiratory illness.The usual causes of respiratory illness in children have been implicated and there has been no identification of an unusual...
Govt to enable citizens to file FIR against social media companies
Minister of State for Electronics and IT Rajeev Chandrasekhar said the Ministry of Electronics and Information Technology (Meity) will develop a platform on which users can notify about IT rule violation by social media platforms New Delhi: The government will assist...
Private sector banker Manoj Muttathil Ayyappan selected as DFS joint secy
Manoj Muttathil Ayyappan Manoj Muttathil Ayyappan will be filling up the vacancy of the post of joint secretary(Banking,Insurance & Pension) on contract basis (lateral entry) in the Departmentof Financial Services(DFS). Ministry of Finance(MoF), said a...
Banks should fortify cyber security as fraud cases rise: RBI
RBI Deputy Governor Rajeshwar Rao said that bank customers today are facing a threat from technology induced frauds such as fraudulent apps, breach of privacy and deep fakes Mumbai: The RBI on Thursday said that the banks should focus on fortifying cyber security and...
Customer data with account aggregators completely safe in India: Sitharaman
“There is a need for insurance companies to become a lot more tech-ready and through technology, but because insurance is such a sentimental matter. You still need a human interface. Insurance companies will have to adapt technology, bring in more personnel, who can...
LIC projects double digit growth in FY24, plans to launch innovative products: Chairman
"We are projecting double-digit growth over the last year. We are going to achieve that because a recent trend is showing uptick in individual retail business. In order to further reinforce our commitment, we are going to launch some new attractive products," LIC...
AM Best revises GIC Re’s Credit Rating outlooks to positive from stable, assigns National Scale Rating
Ramaswamy Narayanan, chairman and managing director, GIC Re The revision of the Long-Term ICR outlook to positive from negative reflects an improvement in AM Best’s view of GIC Re’s balance sheet strength and ERM fundamentals `With positive Credit Rating...
NHAI to undertake safety audits of under-construction tunnels across India
With a total length of about 79 km, the 29 under-construction tunnels are spread across the country with 12 tunnels in Himachal Pradesh, six in Jammu and Kashmir, two each in Maharashtra, Odisha, Rajasthan, and one each in Madhya Pradesh, Karnataka, Chhattisgarh,...