On Saturday, India and Pakistan reached an understanding to stop...
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Fragile ceasefire holds between India, Pakistan as Trump offers more help
Late on Saturday, India said Pakistan had violated the...
Operation Sindoor: Trump announces a full and immediate ceasefire between India and Pakistan
Trump said: “After a long night of talks mediated by the United...
Nagaland launches universal health insurance scheme
Neiphiu Rio,Chief Minister, Nagaland The Chief Minister's Health Insurance Scheme (CHIS) will be implemented in convergence with the Ayushman Bharat scheme of the Centre, state minister Neiba Kronu told a press conference The Oriental Insurance Company Ltd is the...
Sikkim working on new disaster risk reduction framework: CM
Prem Singh Tamang, Chief Minister,Sikkim ''The state government is continuously working together with all the Himalayan states and other stakeholders to establish a new disaster risk reduction framework for the region in order to deal with natural disasters,'' said...
10-yr old PEs with $100 million investible funds allowed to promote Indian re/insurance companies: IRDAI
The new regulations are proposing major changes in Indian insurers' fit and proper criteria, allowable limits of investment, lock-in period on investment, process of registration and criteria for investment by Private Equity Funds The minimum shareholding of...
IRDAI extends ‘Use and File’ procedure to `miscellaneous products’ with SA up to Rs 5 crores
Earlier, though the products with a sum assured above Rs 5 crore could be launched without prior approval of IRDAI, the products with sum assured up to Rs 5 crore still required the regulatory clearance before getting launched in the market Hyderabad: The IRDAI in its...
Inter-Regulatory Technical Group on FinTech issues norms for approving hybrid regulatory Sandbox
In order to facilitate testing of innovative products/services falling within the regulatory ambit of more than one financial sector regulators viz. RBI, SEBI, IRDAI, IFSCA and PFRDA, a Standard Operating Procedure (SOP) for Standard Operating Procedure for...
Maha drug regulator orders sample checks on all oral liquid solutions
Maharashtra drug regulator's direction comes a day after Indian health authorities said they had halted all production of New Delhi-based Maiden Pharmaceuticals following a WHO report that its cough and cold syrups exported to Gambia may be linked to the deaths of...
NHAI InvIT looks to raise additional Rs 3,800 cr: Minister Nitin Gadkari
Nitin Gadkari, Road Transport and Highways Minister. Gadkari said that the InvIT, so far, has raised more than Rs 8,000 crore from foreign and Indian institutional investors.Infrastructure Investment Trusts (InvITs) are instruments on the pattern of mutual funds,...
Irdai grants approval to merger of Exide Life into HDFC Life
With the transfer of its life insurance business to HDFC Life, Exide Industries acquired 4.12 per cent stake in HDFC Life New Delhi: Insurance sector regulator Irdai has granted final approval to HDFC Life Insurance Company Ltd (HDFC Life) to merge Exide Life into the...
Govt accords infrastructure status to data centres with over 5 MW capacity
According to an ICRA report, data centres capacity expansion in India by both foreign and local firms is expected to add investments to the tune of Rs 1.05 lakh to 1.2 lakh crore over the period of next five years. New Delhi: The government has accorded infrastructure...
Passenger vehicle wholesales surge 92% in Sep on robust festive demand
Passenger vehicle (PV) dispatches from factories to dealerships in September 2021 stood at 1,60,212 units In the September quarter, PV sales increased by 38 per cent to 10,26,309 units, as against 7,41,442 units in the similar period of the last fiscal New Delhi:...