Sources in the industry pointed out that the MoRTH has already...
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Asset valuer appointed for IDBI Bank; govt deliberating on share purchase pact: DIPAM secretary
The privatisation of IDBI Bank has been in process for over two and...
RBI cuts rates by 25 bps for a second time as US tariffs add to growth risks
Sanjay Malhotra, Governor, Reserve Bank of India RBI has lowered...
At flooded cancer hospital in northeast India, chemotherapy given on the road outside
Located in the Barak valley in Assam state, the 150-bed Cachar Cancer Hospital and Research Centre has been inundated by for days, and the situation has become so dire that its administrators have requested life-jackets and an inflatable raft to transport patients and...
NITI pegs India’s gig workforce at 2.35 cr by FY30; pitches for social security measures
According to the report, it is estimated that in 2020-21, 77 lakh workers were engaged in the gig economy and they constituted 2.6 percent of the nonagricultural workforce or 1.5 percent of the total workforce in India New Delhi: India's gig workforce is expected to...
ICICI Lombard to settle MSMEs claims of up to Rs 5 lakh within 10 days
The claims settlement process is a first-of-its-kind service to enable faster claim settlement for MSMEs and startups, ICICI Lombard said in a release Mumbai: ICICI Lombard General Insurance Company on Monday said it will settle the MSME clients' admissible claims of...
Reliance Capital Debt Resolution: Zurich Insurance bids for General Insurance, Cholamandalam for Life Insurance arm
The timeline for bidding Reliance Capital Ltd extended by 90 days -- from June 3 to September 2, 2022. This is the second extension granted by the Committee of Creditors (CoC) for the completion of RCL's resolution process New Delhi: Lenders of debt-ridden Reliance...
IRDAI Chairman calls for a 2-day meet with insurance CEOs on June 30, to discuss further regulatory reforms
Debasish Panda, Chairman, IRDAI The insurers will also discuss with the IRDAI on changing the regulations relating to expenses of the management, commission structure to the intermediaries, offering discount on premium to direct policyholders and the norms relating to...
UP CM’s helicopter makes emergency landing in Varanasi after hitting bird
A bird hit the CM's helicopter after it took off from here (Varanasi) for Lucknow, after which it had to land here, District Magistrate Kaushalraj Sharma said Uttar Pradesh Chief Minister Yogi Adityanath's helicopter had to make an emergency landing here after it hit...
FinMin asks banks to explore fintech partnership, co-lending opportunities
The ministry also urged the heads of the public sector lenders to strengthen IT security systems and cybersecurity to check fraud New Delhi: The Finance Ministry has asked public sector banks to explore fintech partnerships and co-lending opportunities to expand their...
Crypto exchanges hunker down as everything goes wrong in India
That a crypto marketplace should be in cost-cutting mode is hardly a surprise — Coinbase Global Inc. and Crypto.com have announced layoffs in the last two weeks alone — but Indian exchanges face the added burden of a new tax system that executives fear will wipe out...
NHA to host hackathon series under Ayushman Bharat Digital Mission
Under the innovation track there will be challenge for innovative solutions to power digital health in an open network around various use cases such as teleconsultation, ambulance booking, lab tests, physical consultation booking and lab tests booking New Delhi: The...
Fuselage door warnings light up on 2 SpiceJet planes; DGCA begins probe
There have been a total of four incidents -- including the aforementioned two -- on SpiceJet flights during the last one week. The Directorate General of Civil Aviation (DGCA) is investigating all the four incidents, officials stated New Delhi: Fuselage door warnings...