The Indian obesity drug market has grown fivefold since 2021 and is...
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Zurich Kotak General Insurance launches commercial insurance
Alok Agarwal, MD & CEO, Zurich Kotak General Insurance Alok...
Gadkari’s mega mobility plan: Hyperloop, electric buses, ropeways on fast track
Union Minister of Road Transport and Highways Nitin Gadkari said...
IRDA proposes new advertisement norms for insurers
Each insurer has to constitute an advertisement committee reporting to the Product Management Committee. The advertisement committee will have at least three members mandatorily from Marketing, Actuarial and Compliance functions of the insurer, said the IRDAI...
Govt brings CA, CS, accountants carrying financial transactions of clients under money laundering law
As per the changes notified in the the Prevention of Money-laundering Act (PMLA), such professionals will be liable to ascertain the correct financial status and ownership details of their clients before dealing with them New Delhi: The government on Thursday has...
India at vanguard of digital revolution, its financial inclusion journey can be example for others: UN officials
A “robust and citizen-centric digital public infrastructure plays a major role in achieving multiple national goals, which include financial inclusion, social security, health insurance, digital transactions and easy access to credit while providing the building...
Chola MS records profit before tax of Rs 264 crores in Fy23
V. Suryanarayanan, managing director, Chola MS, said, In FY 2023-24, Chola MS will continue to grow ahead of industry to step up on its present market share of 2.87% amongst multi line players.'' Chennai: Cholamandalam MS General Insurance Company Ltd (Chola MS), a...
Govt amends power policy draft to halt new coal-fired capacity: Reports
India, whose proposed coal power capacity is the highest after China, had repeatedly refused to set a timeline to phase out coal, citing low per-capita emissions, surging renewable energy capacity and demand for inexpensive fuel sources India and China account for...
82% of Indians either alarmed or concerned about global warming, says study
The study has found that the majority of the people belonging to three segments backed the formulation of policies to fight climate change and opined that the Indian government should be doing more to address global warming Thiruvananthapuram: About 82 per cent of...
Reliance shareholders, creditors approve demerger of financial services arm
The financial services arm will now be renamed to Jio Financial Services Limited and will undertake a host of financial services including setting up a life insurance as well as one general insurance company and the shareholders of Reliance Industries will receive one...
Additional contribution of 1.16 pc for higher pension to be drawn from employers’ payout
''It has been decided to draw 1.16 per cent additional contribution from within the overall 12 per cent of the contribution of the employers into the provident fund,'' a labour ministry statement issued late in the evening on Wednesday said New Delhi: Additional...
Delhi HC directs authorities to take action against fitting crash guards on vehicles
A bench of Chief Justice Satish Chandra Sharma and Justice Tushar Rao Gedela noted that crash guards and bull bars on motor vehicles are not allowed and the government agencies shall implement the provisions of law rigorously New Delhi: The Delhi High Court Wednesday...
El Nino likely to return in July, may impact Indian monsoon
India Meteorological Department (IMD) Director General Mrutyunjay Mohapatra said last week that any effect the El Nino might have on monsoon will only be visible during the second half of the season ''It is not necessary that an El Nino will lead to a bad monsoon. Of...