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Finance Act 2025 provides substantial relief under new tax regime: Minister
The Finance Act, 2025, has increased the income threshold for...
Generali sets up reinsurance business in GIFT-IFSC
The IFSCA, a unified regulator for developing India’s first...
Parliament Passes Biological Diversity (Amendment) Bill
The amendment aims at encouraging cultivation of medicinal plants and removing compliance burden on Indian companies, he said "Our objective is also to decriminalise the offences… to reduce the fear among the stakeholders for effective compliance," Union Minister for...
Urgent need to introduce data protection law to curb cybercrime menace: Par Panel
In its submission to the panel, the Ministry of Electronics and IT representative said that any entity that takes consent which is beyond what is necessary for the stated, specified purpose, will be considered illegal ''Just like an illegal contract is no contract,...
No paucity of funds, asking states to increase expenditure on health and related infra: Mandaviya
Minister of Health and Family Welfare Mansukh Mandaviya said the government is spending Rs 64,000 crore under the Ayushman Bharat Health Infrastructure Mission to strengthen the healthcare infrastructure in five years On an average, Rs 100 crore would be spent in a...
Shriram General Insurance net profit jumps 37 % to Rs 98cr in Q1
"Our physical approach is the main driver during the quarter. While we remain focussed on existing business streams, we believe newer areas like EV insurance and developing a stream of combo insurance plans will help the market and drive growth for us," Anil Aggarwal,...
Amit Agarwal appointed as CEO of Howden India
Amit Agarwal, CEO, Howden India Agarwal’s appointment underlines Howden India’s ambitious growth plans and aspiration to be a leading broker in one of the world’s fastest growing insurance markets by 2026, said the company London: UK based Howden, a multinational...
RBI reviews risks to Kotak Mahindra Bank’s stability from its 2 insurance subsidiaries: Report
The bank however has termed claims made in this report "completely incorrect and baseless" Kotak Mahindra's holdings in units - Kotak Mahindra Life Insurance Co. and Kotak Mahindra General Insurance Co. - are also under review as the central bank assesses the banks'...
Focus on infra, investment, innovation, inclusiveness to make India developed nation by 2047: FM
Union Finance Minister Nirmala Sitharaman said, infrastructure is not just going to be physical such as bridges, roads, ports or airports, but also creation of digital infrastructure is given importance New Delhi: Finance Minister Nirmala Sitharaman on Saturday said...
Reliance General Insurance receives Rs 200 cr capital from its promoter
Rakesh Jain, CEO of Reliance General Insurance said, "With this capital infusion, we are well-equipped to seize opportunities, innovate, and continue providing best-in-class insurance solutions." Mumbai: Reliance General Insurance Company Ltd (RGICL), in a strategic...
Govt pats IRDAI for unveiling a slew of reforms in insurance industry
(L to R) Neerja Kapur, CMD, New India Assurance, Debasish Panda, chairman, IRDAI, Vivek Joshi,secretary, Department of Financial Services at NIA's 105th foundation day celebration in Mumbai on Friday ```The government is very supportive of the amendments and changes...
Houses in Shimla at risk of sinking due to incessant rain
Continuous rains over the past few days have led to the sinking of land in a few villages in six panchayats with several families evacuated to safer places, Deputy Commissioner Shimla Aditya Negi told PTI. ''We will ask geological experts to conduct a survey to find...