In March, the Delhi government unveiled its plans that fuel pumps...
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AAIB plans granular analysis of data related to incidents involving aircraft in Indian airspace
Coming under the civil aviation ministry, AAIB is responsible for...
Vedanta asked to pay Rs 71 cr over fly ash effluent
"The issue pertains to allegation for unauthorised disposal of fly...
Asset management companies add 51 lakh new investor accounts in June quarter
According to the data, the number of folios with 43 fund houses rose to 13.46 crore in June 2022 from 12.95 crore in March 2022, registering a gain of 51 lakh during the three-month period. The industry crossed a milestone of 10 crore folios in May 2021 Mumbai: Asset...
PNB to select an actuarial firm for 23% stake sale in Canara HSBC Life Insurance to HSBC
At present, PNB has stakes in two insurance firms -- PNB MetLife India Insurance Company Limited (PNB MetLife) and Canara HSBC OBC Life Insurance Company Ltd (CHOICE) HSBC Insurance (Asia Pacific) Holdings Limited, that holds 26 percent in Canara HSBC Life Insurance,...
IRDAI considers 12 new insurance players for licenses
Debasish Panda, chairman, IRDAI The entities who have applied for the new licenses are Paytm General Insurance, Anzen General Insurance ( R1 filed in July), Ria General Insurance( R1 applied), Kshema General Insurance(Agriculture Insurance, R2 under process),Cosmea...
Assam floods damaged 30,000 to 40,000 houses, says CM Himanta
Later, talking to journalists, Sarma said since Assam's flood has been labelled ''severe'' by a central team, which made an assessment of the flood situation, he sought an advance fund from the NDRF to enable the state to help the people whose houses were damaged by...
IBA looks for consultant to to groom senior managers for top positions in PSU banks
It is expected that each year around 75 senior management participants will attend this programme on and off campus involving around 30 days (may include weekends) of various interventions during the 9.5 months leadership development journey Mumbai: The new formed...
PFRDA approves HDFC merger with HDFC Bank
''We wish to inform you that HDFC Limited has today i.e. on July 8, 2022, received an approval from PFRDA regarding change in its status/constitution pursuant to the Scheme in accordance with the PFRDA (Point of Presence) Regulations, 2018, subject to a condition that...
Amarnath Cloudburst: Casualties rise to 10, Amit Shah takes stock of situation
According to the Indo-Tibetan Border Police (ITBP) officials, the cloud burst occurred at the lower holy cave (Amarnath) at around 5.30 PM and the rescue teams rushed to the spot. Earlier, IGP Kashmir informed that as many as two people have died so far New Delhi:...
Insurance agents association urge IRDAI not to display commission on policies
The policyholders will bargain hard with agents to part with their due earnings without considering any kind of administration, technology development and other recurring and daily growing expenses including the sky-high rentals and salaries which would soon and...
Equity MFs see Rs 15,498-cr inflow in June amid volatile stock mkt
The lower quantum of net inflow from the previous month could be attributed to investors adopting the cautious path given the ongoing challenges to the investment environment New Delhi: Equity mutual funds witnessed a net inflow of Rs 15,498 crore in June amid...
Passengers avoid SpiceJet after mid-air safety failures: Survey
In a rare occurence, India’s aviation regulator on Wednesday said SpiceJet failed to build “safe, efficient and reliable” services in the wake of recent issues. It’s given the airline three weeks to explain why action shouldn’t be taken against it New Delhi:...