The new model, which includes more enhanced market data, crops,...
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GST overhaul a people’s reform, touches every family: Sitharaman
Nirmala Sitharaman,Finance Minister Within days of the decision,...
Insurtech firm Turtlemint seeks IPO approval submits confidential papers to Sebi
Founded in 2015 by Dhirendra Mahyavanshi and Anand Prabhudesai,...
Shriram Life Insurance posts Rs 156 cr net profit in FY22-23
''Our growth has advanced thanks to the adoption of technology and innovation, enabling more rural policy holders to complete their paperless statements,'' company Managing Director Casparus J H Kromhout said Chennai: Shriram Life Insurance Company has reported Rs 156...
Govt to roll out lost mobile blocking, tracking system pan-India on May 17
''One of the common practices is that miscreants change IMEI number of stolen mobile phones which prevents tracking and blocking of such handsets. It was a national security issue. The CEIR will be able to block any cloned mobile phones on the network with the help of...
Aviation watchdog issues warning on India over jet repo fight
The move by the Aviation Working Group, a UK-based entity that monitors leasing and financing laws, could raise leasing costs for Indian airlines and hurt lessors' confidence just as the world's third-largest domestic market faces record growth India has been placed...
Banks to launch 100 days campaign to trace & settle unclaimed deposits: RBI
Balances in savings/current accounts which are not operated for 10 years, or term deposits not claimed within 10 years from date of maturity are classified as ''unclaimed deposits'' Recently, the RBI has also announced the setting up of a centralised web portal for...
Max Financial Services Q4 net profit slips 64 pc to Rs 52 crore
Prashant Tripathy, managing director, Max Life Insurance Company , said, “Through our continued focus on introducing innovative products, expanding distribution strength across channels, and driving a balanced product mix, we delivered strong growth in Q4FY23.'' New...
World Bank team meets Kerala CM; expresses interest in state’s carbon neutral initiatives
World Bank Vice President for South Asia Region Martin Raiser said the World Bank's 'Resilient Kerala Programme' to support the state's preparedness against natural disasters, climate change impacts, disease outbreaks, and pandemics was progressing well....
Irdai sets up expert panel for matters related to mental health
A holistic examination of the various aspects involved such as types of conditions, types of treatments etc from the insurance perspective is necessary when dealing with products designed to cover mental illnesses and other related aspects Hyderabad: Regulator Irdai...
IRDAI asks insurers to provide mandatory covers for surrogate mothers
The Surrogacy (Regulation) Act, 2021, says an insurance coverage of such amount and in such manner as may be prescribed in favour of the surrogate mother for a period of thirty-six months covering postpartum delivery complications from an insurance company or an agent...
RBI invites firms to participate in Greenwashing TechSprint
The number of investment products marketed as 'green' or making wider sustainability claims is growing. Exaggerated, misleading or unsubstantiated claims about Environmental, Social and Governance (ESG) credentials damage confidence in these products and the RBI wants...
Govt working to bring in e-commerce policy, rules under consumer protection act on same page
''We are holding discussions to harmonise e-commerce policy and e-commerce rules under the consumer protection act…While doing so, we will try to ensure that whether a regulator or some other way…rules that will ensure that the customer is the king,'' Secretary of the...