More than 80 per cent of Delhi's workers, including street vendors,...
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Ratings: Crisil affirms New India, downgrades National Insurance and United India
NIA's rating is driven by the company’s leadership position in the...
India’s forex, money markets have doubled in last 4 years: RBI Governor
Sanjay Malhotra, Governor, Reserve Bank of India There has also...
Banks’ climate risk assessment to include their reputational risks:RBI
Regulated entities (REs) should address financial risks arising from climate change and environmental degradation, through its risk management framework, in line with Board-approved risk appetite statement, risk management strategy and business plan, said the RBI...
PM Modi to launch India’s first international bullion exchange in Gift City
This exchange will facilitate efficient price discovery with the assurance of responsible sourcing and quality, apart from giving impetus to the financialisation of gold in India, a statement by the IFSC Authority said. Ahmedabad: Prime Minister Narendra Modi will...
Component failures in aircrafts do not imply compromising passenger safety, says DGCA chief
Arun Kumar, Director General of Directorate General of Civil Aviation "We are doing everything possible to ensure that our flying remains safest and for that, we never ever shy off from biting the bullet. Strict enforcement action is taken wherever required. As public...
Govt launches 11th agricultural census 2021-22; to use smartphones, tablets for data collection
"This is the time to make full use of technology in this computation. He said that Agriculture Census should be thought of in a broader perspective. Agricultural computations can also contribute to the mapping of crops so that the country gets its benefits," he said...
India’s SpiceJet says airplane aborted Mumbai takeoff due to caution alert
The plane was "almost at full speed" on the runway when it was suddenly stopped and the pilot aborted the takeoff, announcing later it was a technical problem, Vishal Vikram, one of the passengers on board, told Reuters New Delhi: A SpiceJet airplane was forced to...
SBI Life net income rises 18 pc to Rs 263 crore on strong sales, margin expansion
The life insurer's Value of New Business (VNB) jumped 130 per cent to Rs 882 crore and the VNB margin soared 665 basis points to 30.4 per cent during the reporting period Mumbai: SBI Life on Thursday reported an 18 per cent growth in net profit at Rs 263 crore in the...
Indian retail equity investment can continue for the next couple of decades: Morgan Stanley
Ridham Desai, managing director, Morgan Stanley India Company Despite a record rise in trading by retail investors over the past eight years, Indian households remain “dramatically” underweight in the asset class, with stocks comprising only 5%-6% share of their...
Bajaj Allianz General’s net profit surges 147 % to Rs 411 crore in Q1FY23 on higher investment income
The general insurer's combined ratio stood at 104.6 per cent in Q1 FY23 as compared to 103.4 per cent in Ql FY22 mainly due to higher claims ratio The company's investment and other income (net) for Q1 FY23 increased by 30 per cent y-o-y to Rs 612 crore Pune; Despite...
CMD Selection: FSIB recommends Neerja Kapur for New India,Girija Subramanian for AIC
Neerja Kapur, general manager , New India Assurance The FSIB, that replaced the BBB (Banks Board Bureau) as the head hunting agency for the top management of PSU banks and insurance companies on July 1, had interviewed seven shortlisted general mangers of different...
Centre issues comprehensive guidelines for monkeypox patients, contacts
Monkeypox typically manifests itself with fever, headache, rashes for up to three weeks, sore throat, cough and swollen lymph nodes New Delhi: A 21-day isolation, wearing masks, following hand hygiene, keeping lesions fully covered and waiting for those to fully heal...