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Raising FDI limit in insurance aimed at unlocking full potential of sector: FM
Nirmala Sitharaman Union ,Finance Minister "Further, this will...
Govt tasks PSU general insurers to ramp up Property portfolio and customer services
(L to R)-Girija Subramaninan, CMD, New India Assurance(NIA),...
General insurance industry’s premium grows 15% to Rs 20,457 cr in June
Twenty multiline private sector general insurers, led by ICICI Lombard General Insurance, have seen their premium soaring by 17 per cent y-o-y to Rs 10,776 crore in June while during Q1FY2023-24, it has surged by 21 per cent y-o-y to Rs 34,212 crore Four public sector...
Sensex, Nifty end at new record closing highs on unabated foreign fund inflows
"Foreign investors continue to provide unwavering support to the domestic market, helping to sustain the ongoing rally despite weak global cues. Global markets are displaying a negative trend, influenced by hawkish Federal Open Market Committee (FOMC) minutes and...
Google accuses India antitrust body of protecting Amazon in Android probe
In the CCI's October order, which also fined Google $163 million, the company was asked to allow modified versions of its Android operating system, called Android forks, to be liberally distributed without any licensing restrictions such as those related to...
Data Protection Bill gets Cabinet Nod; to be tabled during Parliament monsoon session
"In case of disputes, the Data Protection Board will decide. Citizens will have the right to claim compensation by approaching civil court. There are a lot of things that will evolve gradually," the source said According to the source, individuals will have the right...
Delhi HC asks NIC to develop public platform to upload names of proclaimed offenders
The Inter-operable Criminal Justice System (ICJS) is an initiative of the e-Committee of the Supreme Court meant to enable seamless transfer of data and information among different pillars of the criminal justice system, like courts, police, jails and forensic science...
India overtakes Japan in auto manufacturing, ranks number 3 globally after China and the US: Gadkari
Nitin Gadkari,Union Minister for Road Transport and Highways 'The turnover of the automobile industry is Rs 7.55 lakh crore, and four and a half crores have got jobs in the sector. This industry gives maximum GST to the government. We have decided that we will make...
Fire at United India’s Jhansi office, three dead
Three of the company’s employees Raghini Rajput,59, Prakash, 52,Hardewsh Tomar,28,have died due to the fire said sources Jhansi: In a tragic event, a massive fire broke out on Monday afternoon in one of the buildings in Jhansi, where one of the divisional offices of...
Patients of rare diseases seek Mandaviya’s help for faster treatment at govt hospitals
The patients registered with the Centres of Excellence (CoEs) in Delhi -- AIIMS and Maulana Azad Medical College (MAMC) -- have been diagnosed with Lysosomal Storage Disorders (LSDs) like MPS I, MPS II and Pompe, Fabry All these conditions are classified as Group 3(a)...
Odisha train accident: Inquiry finds multi-level lapses, says reporting past red flags could have averted tragedy
The accident on June 2 resulted in the deaths of 292 people and over 1000 were injured The CRS report has also said that the initial response to such a disaster should be faster an advised the Railways to review the system of disaster-response in the zonal railways...
IndusInd Bank holding co to raise $1.5 bn to fund RCap buy, increase stake in lender to 26 pc
RCap administrator is likely to file the IIHL resolution plan in the NCLT Mumbai this week as the deadline of July 15 to file is approaching. Operating companies under Reliance Capital are into insurance (life, general and health), asset reconstruction and broking...