GIC Re board, which met on Monday to finalise its results, has...
Category:
Indian News
Latest
No cause of worry infection severity mild ICMR DG amid uptick in Covid cases
"Whenever cases increase, we look at three things. It's dependent...
Govt to address ecommerce dark pattern concerns with all stakeholders
Pralhad Joshi, Union Minister for Consumer Affairs After extensive...
Toyota Kirloskar recalls around 1K units of Urban Cruiser Hyryder
In a statement, the company said it has initiated a voluntary recall campaign for certain Urban Cruiser Hyryder units to investigate for a possible issue with front seat belt shoulder height adjuster plate assembly New Delhi: Toyota Kirloskar Motor on Tuesday said it...
Govt to allow foreign funds to own over 51% in IDBI Bank
The current guidelines of the Reserve Bank of India restrict foreign ownership in new private banks. The government and Life Insurance Corporation of India together hold 94.71% in IDBI Bank and are looking to sell 60.72%. New Delhi: The Indian government will allow a...
Ahead of budget, economists demand increase in social security pension and maternity benefits
According to the letter, the central government's contribution to old-age pensions under the National Old Age Pension Scheme (NOAPS) has stagnated at just Rs 200 per month since 2006. The letter said the central government's contribution should be immediately raised...
Differences emerge between lenders, advisors over resolution plan options for RCL; lenders meet on Tue
Deloitte, the process advisor of Reliance Capital Ltd (RCL) Administrator Y Nageshwar Rao, is of the opinion that the value of the bids is almost 70 per cent below the liquidation value of Rs 13,000 crore, sources said. Mumbai: Differences have emerged between lenders...
Foreign investors upgrade India as dedicated allocation in their portfolios
Domestic investors are moving their low-interest rate fixed deposits from banks to the higher return stock market, where major industrial sectors, such as listed companies from infrastructure, auto and banks have reported a good level of profitability in the second...
Safdarjung Hospital reports cyberattack but not ransomware; AIIMS server down for 11th day
Medical Superintendent Safdarjung Hospital Dr BL Sherwal said, "There was a cyberattack. Our server was also down in November for a single day, but data was secured. It was handled by IT, National informatics Centre (NIC) which revived the systems." New Delhi:...
Govt mulls exempting early stage startups from data protection bill provisions
The draft DPDP has proposed exemption only for government notified data fiduciaries and data processing entities when it comes to data collection, data sharing, giving information around data processing etc New Delhi: The government is mulling exempting early stage...
Indian Aviation safety rankings jumped to 48th rank in International Civil Aviation Organization’s report
Arun Kumar, Director General of DGCA said that it is a great achievement in terms of ranking as they have jumped from the 102nd rank four years ago to the 48th spot this year New Delhi:India has been ranked among the top 50 countries of the world in terms of...
‘Fintechs replacing banks a misconception; CBDC experience so far comforting’
"It's a misconception to view Fintech entities as a possible replacement to banks," he said, stressing that these modern age enterprises facilitate banking and are not a competition to banks in anyway. Mumbai: Speculation around fintechs replacing banks is a...
PMFBY committed to providing comprehensive insurance coverage against crop loss: Govt
The acceptability of the scheme has increased amongst the farmers in the last 6 years, with share of non-loanee farmers, marginalized farmers, and small farmers increasing by 282% since the initiation of the scheme in 2016 Union Ministry of Agriculture and Farmers...