Rejecting the state government’s contention that only regular women...
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ICICI Lombard gets Rs 1,728.86-crore GST relief from Bombay High Court
The Bombay High Court has directed the adjudicating authority to...
Former IRDA member Rakesh Joshi made chairman of Bima Sugam India Federation
Rakesh Joshi, chairman, Bima Sugam India Federation Joshi as a...
Need to create awareness about lead poisoning, says health secretary
Rajesh Bhushan, secretary, Ministry of Health Lead is a pernicious poison that causes extensive harm, even at low levels. Lead exposure in early childhood interferes with normal cognitive development, causing lifelong learning deficits and behavioral problems New...
WHO issues product alert over contaminated syrup by Indian manufacturer
Samples of the Guaifenesin syrup TG syrup from the Marshall Islands were analysed by quality control laboratories of the Therapeutic Goods Administration (TGA) of Australia. The analysis found that the product contained unacceptable amounts of diethylene glycol and...
SBI General launches a fully customisable digital-only health product
Anand Pejawar, whole-time director, SBI General Insurance said, “We launched Health Edge Insurance with an objective to make health care affordable and available across the length and breadth of the country The Health Edge insurance plan includes some noteworthy...
Metals & Mining and Chemical & Petrochemical sectors show a dip in risk management in 2022, ICICI Lombard report
Bhargav Dasgupta, MD & CEO, ICICI Lombard General Insurance, said, "The enhanced score in the 3rd edition of the Corporate Risk Index is a testament to the efficient risk management practices adopted by Indian corporates in the face of global headwinds and...
India calls for global coordination to effectively regulate cryptocurrency
Nirmala Sitharaman,Union Finance Minister "The underlying principle is because the digital currencies are completely digitalised and technology-driven, the technology, which is very distributed, and sometimes identity is very difficult to be established, but which has...
LIC’s total premium for fiscal 2023 grew 17% to Rs 2.32 trillion
In terms of new business premiums collected, it continues to hold a market share of 62.58 per cent as on March 2023 Mumbai: The total premium of Life Insurance Corporation of India (LIC) collected for fiscal 2022-23 grew 16.67 per cent to Rs 2.32 trillion from Rs 1.99...
G Srinivasan to join as a member of Agam’s Strategic Advisory Board
G Srinivasan, director, former CMD, New India Assurance Agam was founded in 2016 by Avi Katz and Chak Raghunathan with the vision to create a cutting edge differentiated analytical platform Mumbai: Agam Capital, an analytics driven platform strategically partnering...
HDFC Life Insurance shares end over 6 pc higher
In a regulatory filing on Friday, HDFC Life Insurance Company has said that Reserve Bank of India (RBI) has permitted HDFC Bank or HDFC to increase their shareholding in HDFC Life Insurance Company and HDFC ERGO General Insurance Company to over 50 per cent prior to...
I-T dept cracks down on Bajaj Allianz, ICICI Prudential amid wider probe on GST scam- sources
Tax authorities estimate that 16 insurance companies in all owe the government about Rs 50 billion rupees ($610 million) in unpaid taxes, interest and penalties since July 2017, when India implemented goods and services tax (GST), two sources said NEW DELHI: India's...
Indian regulator plans to allow mutual funds with performance-based fees
According to the plan, the base fees currently charged for mutual funds would be reduced and additional charges would be based on performance Mumbai: India's market regulator is planning to permit a new category of mutual fund schemes where asset managers' charges...