Sidharatha Mishra, chief operating officer of ICICI Life...
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Merchant Discount Rate on UPI transactions deferred, no new date announced
"UPI and Services Steering Committee today decided that, keeping in...
UP: Over 2 lakh motor accident claims pending; training programme held for insurance officials
Dr Manu Kalia, member secretary, Uttar Pradesh State Legal Services...
Wall Street PEs’ $10 bn hospital bet sparks fight over healthcare costs, Insurers Fret
S Prakash, CEO of the General Insurance Council’s Health Insurance Ecosystem and Strategic Partnerships. “For all the benefits of private equity fund infusion, the tax we have to pay is higher cost,” says S Prakash, CEO of the General Insurance Council’s Health...
War, Cyber attack could trigger next financial crisis:RBI
The governor was highlighting a new generation of systemic risks that are increasingly “exogenous” in nature, underscoring the need for regulators to look beyond traditional sources of financial instability. New Delhi:The next financial crisis could originate from a...
Employers may soon be able to claim ITC on GST paid for employee insurance cover
"This will make insurance cheaper for every employer to provide", sources said. Currently, an 18 per cent GST is levied on all such group insurance policies. New Delhi: The GST Council is expected to consider a proposal in its meeting on October 7 to allow employers...
IRDAI to meet industry CEOs on Monday to delibarate new distribution reforms
“ “I have been meeting CEOs of the industry over the last few days to understand their views on the new consultation paper. We will meet all the CEOs on Monday to discuss the implementation of the distribution reforms and would like to get detailed industry feedback...
Regulatory frameworks need to keep pace with rapid geopolitical, technological and economic shifts:NITI Aayog member Gauba
Rajiv Gauba, Member, NITI Aayog Gauba underlined that while regulation is essential for safety, consumer protection, market integrity and systemic stability, excessive or poorly designed regulation can impede innovation, competition and investment. New Delhi: Rajiv...
CBI chargesheets RCom, ex-LIC investment chief in ₹3,750-cr cheating case
In its charge sheet filed before a Special CBI court in Mumbai, the agency has named as accused "Reliance Communications Ltd., two executives of the Reliance ADA Group, namely, Amitabh Jhunjhunwala, Group MD, Vishwas Joshi, Sr. VP, Reliance Capital Limited and P....
ICICI Bank’s Sidharatha Mishra appointed as MD&CEO of ICICI Pru Life
Sidharatha Mishra, MD&CEO-designate, ICICI Pru Life The post of MD & CEO at ICICI Prudential Life Insurance has fallen vacant after Anup Bagchi quit the company to head HDFC Bank Mumbai: Private sector life insurer ICICI Prudential Life Insurance has appointed...
PFRDA aims for universal pension coverage for workforce by 2047, focusing on non-government sector
S Ramann, Chairperson ,PFRDA Bank of Baroda has formally entered the pension fund business.The development follows PFRDA’s approval in July 2026 of Bank of Baroda, Motilal Oswal AMC and Bajaj as sponsors of pension funds under the regulator’s revised guidelines. New...
India needs to shift more household savings to long-term pension assets: CEA Nageswaran
V Anantha Nageswaran, Chief Economic Adviser "That is a different decision because in general Indians do not optimize for the long term," Nageswaran said, adding that the shift would require trust in institutions, accessible financial information and products that do...
Domestic PV sales rise 21 pc in Sep; Maruti, Hyundai, Tata post double-digit growth
The industry is anticipating robust demand during the peak festival season, which starts with Navratri in the second week of October this year and runs till Diwali in the second week of November. New Delhi: Passenger vehicle dispatches in the domestic market are...