Jitin Prasada,Minister of State for Electronics and IT “The...
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No plan to levy GST on UPI transactions exceeding Rs 2,000: Centre
Pankaj Chaudhary, Minister of State of Finance Pankaj Chaudhary,...
Insurance brokers should maintain high governance standards and business ethics: IRDAI member
Girija Subramaniam, CMD, New India Assurance Rakesh Jain, CEO,...
Mcap of BSE-listed firms reaches record high of Rs 297.94 lakh cr
''After key benchmark indices scaled fresh peaks last week, investors are hoping that FIIs would continue to increase exposure to Indian markets, given the strong growth trajectory. India's record GST collections for the month of June further signifies the improving...
Chandni Chowk traders turn to GPS to shield themselves from robbery incidents
"You can fit this (GPS) device to your bag, put it in the middle of bundles of notes, or keep it in a jewellery box." "It will keep telling the location on your phone in case of a robbery. With the help of this device, police can easily reach the location and arrest...
Consumer Affairs Dept urges online platforms to refrain from adopting ‘dark patterns’ that harm consumer interest
"It is pertinent to note that dark patterns involve using a design and choice architecture to trick, coerce or influence consumers to make choices not in their best interest. Engaging in such deceptive and manipulative conduct by using dark patterns in online...
Case against Navi Mumbai man for selling fake vehicle insurance policies
The fraud came to light when an accident claim was filed for one of the vehicles. During verification, it was found the policy issued by the accused was fake, APMC police station’s sub-inspector Arun Bilare said Thane: The Navi Mumbai police have registered a case...
Ayushman Bharat world’s best health insurance scheme, credit goes to PM Modi: Jitendra Singh
"This is possibly the only health insurance scheme in the world which offers the option of seeking insurance cover even for a pre-existing disease, like for example, if today a person is detected having cancer, he can thereafter go and get himself insured to receive...
Parliament’s Monsoon Session from July 20 to August 11,`The Insurance Bill, 2023’ may be introduced
The session holds importance for the Indian insurance industry as the government is preparing `The Insurance Bill, 2023,’ that may be introduced in the Parliament during the monsoon session `The Insurance Bill, 2023,’ focusses on changing `The Insurance Act 1938' by...
IRDAI puts a 15-yr tenure cap for a pvt sector insurer’s CEO & WD, Rs 20 lakh annual pay cap for independent directors
IRDAI has fixed the maximum age limit for non-executive directors including the chairperson of the board at 75 years and after attaining the age of 75 years no person shall continue on the board of the insurer Hyderabad: Insurance regulator IRDAI on Friday said the...
ICICI Lombard General targets reduction of CR by 200 bps to 102.5 % by FY 2025: Dasgupta
Bhargav Dasgupta, MD & CEO, ICICI Lombard General Insurance `As part of a highly competitive market, where change is being driven constantly by digital players like Fintechs and Insurtechs, we believe that continuous reimagination of its technology and business...
World Bank approves $1.5 bln financing for India’s low-carbon transition
At the COP26 summit in Glasgow in 2021, India committed to an ambitious five-part "Panchamrit" pledge, including reaching 500 GW of non-fossil electricity capacity, to generate half of all energy requirements from renewables, to reduce emissions by 1 billion tons by...
Maha: HDFC Ergo General Insurance appointed to implement Centre’s crop insurance scheme in Akola
Earlier, Collector Nima Arora had recommended to the state government to blacklist ICICI Lombard in the district after a case was registered against 10 representatives of the company on March 21 at Khadan police station in Akola Akola: The administration has appointed...