The planned fund would provide a clear legal mechanism to finance...
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Karnataka HC rejects social media platform X Corp’s petition challenging takedown orders
"Social media needs to be regulated, and its regulation is a must,...
HDFC Ergo expects 3%-5% margin pressure on its retail Health products without ITC
``We have already passed on the full zero GST benefit to new retail...
Sensex closes above 66,000-mark for 1st time, Nifty settles at new record high on FII inflows
''The controlled inflation in the US has instilled optimism among investors that a 25-bps rate hike would be adequate to stabilise the US economy. This improved prospect has contributed to the strong buying of Indian IT stocks despite muted Q1 earnings. Furthermore,...
IRDAI announces 3 winners for its first hackathon – “Bima Manthan 2022”
The winners are- AiBorne Tech, which has won the contest for its ` Motor Fraud Prevention/Mitigation’ project, Policybazaar Insurance Brokers Private Limited has become the 1st runner in the contest for its project `Last mile insurance coverage’ while Vlinder is the...
Govt seeks Cabinet nod to table `Insurance Act 2023′ in Parliament, `Insurance Act, 1938’ to be repealed
From the legislative point of of view, enacting `Insurance Act 2023’ by repealing `Insurance Act 1938' will be a simple exercise as its doesn't involve any major changes Earlier, the government dropped all its plans to bring in much talked about major reforms in the...
NIA targets 12% top-line growth and 5% reduction in combined ratio in FY’ 24: Kapur
Neerja Kapur, CMD, NIA ``Our future strategy is to increase the return on equity, expand our market share, leverage benefits of economies of scale driven by growth, rationalisation of operating offices, maintaining healthy solvency margin and increasing digital...
Raging Yamuna swells to record level in Delhi
New Delhi: The Yamuna in Delhi swelled to 207.55 metres on Wednesday, breaching its all-time record of 207.49 metres set in 1978, government agencies said on Wednesday. According to the Central Water Commission's (CWC) flood-monitoring portal, the water level at the...
Cybercrimes pose a major threat to security of citizens globally: Amit Shah
Amit Shah,Union Home Minister Shah will inaugurate the two-day G20 conference on 'Crime and Security in the Age of Non-Fungible Tokens (NFTs), Artificial Intelligence (AI) and Metaverse' beginning in Gurugram on Thursday The conference will bring together over 900...
Auto industry says tweaked definition of SUV will provide clarity on taxation structure
Maruti Suzuki India Senior Executive Officer (Marketing and Sales) Shashank Srivastava said, "From the various media reports, it appears that the peak cess of 22 per cent over the 28 per cent GST slab is now applicable for all vehicles fulfilling the three conditions...
Rajasthan to bring law on social security pension, employment guarantee: CM
Ashok Gehlot, Chief Minister,Rajasthan ''There will be no shortage in providing minimum income and social security to the common man. With this feeling, in the upcoming session of the Rajasthan Legislative Assembly, a law will be made regarding social security pension...
Gujarat govt launches revamped PMJAY-MA scheme with Rs 10 lakh health cover
Gujarat Health Minister Rushikesh Patel said people who have Ayushman cards can undergo complex surgeries, treatments and transplants of kidney, heart, liver and even cochlear implants in the limit of Rs 10 lakh As per the release, 2,027 state-run hospitals, 803...
Rain-battered north India counts its losses, rescue efforts gather pace
Northwest India saw incessant rainfall during the last three days, with many areas in Jammu and Kashmir, Uttarakhand, Himachal Pradesh, Haryana, Uttar Pradesh and Rajasthan recording ''heavy to extremely heavy'' precipitation Himachal Pradesh's initial estimate of...