While the monsoon is crucial for refilling these rivers, the danger...
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R Doraiswamy selected as MD&CEO of LIC
R Doraiswamy, managing director, LIC Among four MDs, Doraiswamy is...
India’s social security coverage increased from 19 pc to 64 pc in 10 years
According to an official statement, ILO has acknowledged India's...
Digital currency to further bolster digital economy, says RBI official
It is non-remunerative that is it does not carry any interest like any currency, noted Choudhary, adding, "E-rupee is also expected to offer features of physical cash like safety and settlement of transactions." While referring to the launch of the pilots of CBDC in...
Budget- 2023-24:FM may announce sops for middle class
Nirmala Sitharaman, Union Finance Minister The insurance industry has been pitching for a separate tax deduction provision for life insurance, tax waiver for annuity income, and higher deductions for health insurance premiums. New Delhi: The finance ministry is...
PhonePe envisions opportunity ahead across UPI, lending, insurance, ONDC
"I think for the mission PhonePe is on, which is solving for at-scale financial inclusion and digitization, the move to India was right. India is where we started and where we are focused on, and I think we will be here for the next couple of decades," said Nigam....
India’s Retail Health Insurance profitable, to touch $25 billion in next 5 years: Avendus Capital Study
Anshul Agarwal, managing director and Co-head, Consumer, Financial Institutions Group (FIG) & Business Services, Avendus Capital said, “Unique characteristics of Retail Health Insurance such as high persistency of 90%, pricing power, relatively low loss ratio and...
UIDAI deliberates on five focus areas including ‘Ease of Living’
The five core areas are – resident centricity, expanding the usage of Aadhaar, security and privacy, continuous technology upgradation, and collaborate with global economies and support them in their aspiration to achieve SDG 16.9 (provide legal identity for all) New...
Budget wishlist: Infra development, social security for gig workers
India aims to be a $30 trillion inclusive and sustainable economy by India@100, which will help create resources for the government to fund development programmes and social security. New Delhi: In recent years, structural reforms initiated by the Government have laid...
Paris-New Delhi flight incidents: DGCA slaps Rs 10 lakh fine on Air India
'Enforcement action in the form of a financial penalty of Rs 10,00,000 has been imposed on Air India for not reporting the incident to DGCA and delaying in referring the matter to its Internal Committee, which is a violation of applicable DGCA Civil Aviation...
India to debut in green bond market with $1 billion auction on Wednesday
They make a modest trial balloon for the country’s broader goals for green finance. Prime Minister Narendra Modi has ambitious plans for renewable energy and projects that bolster the country’s resilience to extreme weather and higher temperatures, and India has said...
First Covid, now layoffs: Indian professionals undergo tremendous stress, anxiety
Saumya Mudgal, Senior Consultant, Psychiatry, Max Hospital in Gurugram said there has been a drastic increase in the number of patients coming from MNCs. "These patients are usually presented with the issues of panic anxiety and panic disorder with agoraphobia and...
Post Covid, insurance awareness rises : Max Life’s survey
Prashant Tripathy, managing director and CEO, Max Life Insurance India has begun recognizing the real value of term insurance, ownership remains an area of challenge that the life insurance industry will need to work hard to address New Delhi: A survey, by Max Life...