Tuhin Kanta Pandey, chairman, Sebi The review, which follows...
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PB Fintech arm gets payment aggregator licence from RBI
The paid-up share capital of the proposed company will be Rs 27...
ICICI Lombard’s net profit slips 2% to Rs 510 crore in Q4FY 25
Sanjiv Mantri, MD &CEO, ICICI Lombard General Insurance. The...
PNB MetLife announces Rs 594 crore bonus for 4.95 lakh policyholders
PNB MetLife India Insurance Company (PNB MetLife) has announced a 12% higher bonus of Rs 594 crore for 4.95 lakh policyholders of participating products for FY22. Ashish Kumar Srivastava, MD & CEO, PNB MetLife, said, “This is the highest bonus that we have ever...
Centre declared Assam floods as ‘severe natural calamity’, providing funds for relief: Himanta
Assam has witnessed two waves of floods since April 6, with the second having been devastating, affecting 90 lakh people or one-third of the state's population, while 195 people have lost their lives and 37 people are still missing Guwahati: Centre has declared this...
CCI approves acquisition of Ageas Federal Life Insurance by Ageas Insurance
The proposed combination pertains to the acquisition of further shareholding in Ageas Federal Life Insurance Company Limited (AFLI) by Ageas Insurance International NV (Acquirer), CCI said in a statement New Delhi: The Competition Commission of India (CCI) on Friday...
Labour codes’ implementation at appropriate time: Bhupender Yadav
Union Labour Minister Bhupender Yadav The new laws are in tune with the changing labour market trends and at the same time accommodate the minimum wage requirement and welfare needs of the unorganised sector workers, including the self-employed and migrant workers,...
Planting of summer crops ramps up in India as monsoon revives
Except North India, most parts of the country have received above-normal rainfall so far this month, and that has accelerated planting India has received 13% more rainfall than normal since the start of monsoon season on June 1, but some rice-growing states such as...
“Yet to decide on mandatory disclosure of commissions on the policy documents” says IRDAI
``It has come to the notice of the Authority that concerns are being expressed in some quarters regarding mandatory disclosure of commissions on the policy documents. The concerns emanate from certain recommendations made by Working Groups constituted by the Insurance...
IndiGo: Vadodara-bound flight diverted to Jaipur after vibrations in engine
The spokesperson added, "There was a caution message indicated to the pilot en route. As a precaution, the pilot diverted the aircraft to Jaipur for further checks. The passengers were accommodated on an alternate aircraft for their onward journey." An IndiGo flight...
Don’t sell Ayurveda drugs without valid prescription: Govt to e-commerce platforms
E-commerce platforms have been advised that the sale or facilitating the sale of such drugs shall be done only after a valid prescription of a registered Ayurveda, Siddha or Unani practitioner respectively is uploaded by the user on the platform. Consuming such drugs...
Godavari turns ferocious, record flood expected in next 3 days
`As per the information available right now, the flood flow may touch 20 lakh cusecs by Friday evening and go further up the next day. We have been asked to prepare for a flood of up to 28 lakh cusecs,'' a district Collector told PTI over phone Amaravati: Andhra...
Proportion of unmarried youth rising, finds govt survey
India's population, which reached 1,211 million in 2011 and is projected to reach 1,363 million in 2021 makes India one of the youngest countries in the world, with 27.3 per cent of its population aged 15-29 years, i.e., youth, Ministry of Health & Family...