"The continuous push for large-scale infrastructure projects such...
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Cyber incidents: IRDAI asks insurers to empanel forensic experts in advance
"In addition…, all regulated entities are required to establish a...
Exclusive cooperative insurance firm on anvil, to provide coverage to all cooperative societies in country: Amit Shah
Amit Shah, Union Minister of Home Affairs and Co-operation To...
Assam floods: 3 dead, nearly 25,000 people in 94 villages affected
According to the flood reports of Assam State Disaster Management Authority (ASDMA), till May 14, a total of 24,681 people in 94 villages in six districts - Cachar, Dhemaji, Hojai, Karbi Anglong West, Nagaon and Kamrup (Metro) have been affected in the first spell of...
Govt to soon approve recast of Banks Board Bureau
The Delhi High Court(Delhi HC), while disposing one of the cases , has already disapproved BBB's power to select directors of public sector insurance companies while another case questioning the BBB's power to appoint CMDS of PSU general insurance companies will come...
LIC IPO: Listing on Tuesday, Faith of millions of Indian small investors put to test
“The mood could turn sour if the market price falls,” said Amitabh Dubey, a political analyst at research company TS Lombard. “The government could face criticism” Of the 21 Indian state-run companies that debuted in the stock market since 2010, half are still trading...
Govt looks for a new IRDAI member (life)
A search panel, The Financial Sector Regulatory Appointment Search Committee (FSRASC), headed by the cabinet secretary normally interviews and selects a candidate for the post members and chairmen/governor of regulatory bodies like Reserve Bank of India, Sebi and...
Illegal structures, scant regard for fire safety norms led to loss of lives in fires in Delhi
In December 2019, the Anaj Mandi blaze claimed 44 lives, making it the most severe fire incident in the national capital after the Uphaar Cinema tragedy that claimed 59 lives and left over 100 injured in June, 1997 New Delhi: Illegal structures, scant regard for fire...
NDMA reviews preparations ahead of monsoon, plans NDRF deployment in flood-prone areas
Use of Damini App, Nowcast, as also various Google alerts for effective early warning dissemination was emphasised to achieve a target of zero mortality in the coming monsoon season, an official statement said New Delhi: The monsoon this year is likely to be normal...
RIL top-ranked Indian firm on Forbes Global 2000 list
Forbes Global 2000 ranks the largest companies in the world using four metrics: sales, profits, assets and market value, Forbes said releasing the 2022 ranking of the world's top 2,000 companies Reliance is the top-ranked Indian firm on the list, followed by State...
Consumer inflation at 8-year high of 7.79%, to ‘trigger’ quicker rate hikes by RBI
Given the tone of urgency in RBI's statement to support the altered inflation-growth dynamics, "we now revise our call and expect the RBI to hike repo rate by an additional 60 bps in the rest of FY23". New Delhi: Sounding a red alert on India's CPI inflation at an...
Delhi fire tragedy: Mundka building did not have fire NOC, says Police
"The building did not have a fire NOC. The owner of the building has been identified as Manish Lakra who lived on the top floor. Lakra is currently absconding, teams are on the job and he will be nabbed soon," DCP Sameer Sharma (Outer District) told reporters. As many...
Atleast 20 people dead in fire at building near Delhi’s Mundka metro station
"A total of 20 bodies were recovered from the 3-storey commercial building which had caught fire this evening near Delhi's Mundka metro station. The third floor is yet to be searched," Atul Garg, Delhi Fire Director said New Delhi: As many as 20 died while 50 to 60...