R Doraiswamy, CEO & MD, LIC R Doraiswamy, CEO & MD, LIC...
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CBDT chief says 88 pc of individual taxpayers have opted for new tax regime
"And insofar as presumptive tax cases, about 97 per cent of the...
RBI may hire more specialists for cybersecurity controls as digital risks multiply across banking system
The watchdog also seeks to add more officers to its supervision...
ICICI Pru Life’s net profit dips to Rs 295.8 crore in Q2FY26
The life insurer's Value of New Business (VNB) improved marginally by 1 per cent to Rs 592 crore, compared to Rs 586 crore in Q2 FY25, while the VNB margin expanded to 24.4 per cent from 23.4 per cent, indicating better profitability in new business Mumbai: ICICI...
Zero GST on Retail Health Cover: Brokers ask insurers not to reduce their commission
(Lto R)- Narendra Kumar Bharindwal, President, IBAI, met with Tapan Singhel, chairman, General Insurance Council on Monday The Insurance Brokers Association of India( IBAI) wants an industry-wide dialogue on the transfer of GST burden to intermediaries to maintain...
Startups bridging India’s mental health gap through tech-led innovations
According to the India Mental Health Alliance (IMHA), a staggering 200 million Indians have diagnosed mental health conditions but receive no adequate treatment, leading to a treatment gap as high as 95 pert cent in some areas. NEW DELHI: Mental health-tech startups...
IRDAI tightens fraud control measures for re/insurers and distribution partners, to be implemented from next Apr 1
All insurers have to share with Insurance Information Bureau (IIB) the details of distribution channels, hospitals, third party vendors and fraud perpetrators blacklisted and IIB will have to maintain the caution repository concerning all such details in order to...
SC seeks Centre’s reply on plea to ensure adequate life support facilities in ambulances
Besides other prayers, the plea has sought directions to the authorities to establish or continue with a telephone or online helpline facility for the public to report complaints pertaining to inadequate or improper facilities in ambulances or overcharging,...
“Ground Boeing 787 aircraft for electrical checks”: Federation of Indian Pilots
"Since June 16, 1925, we have reiterated that all B-787s in the country must be thoroughly checked for their electrical systems. On 04 Oct the RAT deployed on AI-117 a/c while on approach at BHX. On 09 Oct, AI-154 from Vienna to Delhi diverted to Dubai due to major...
Cough syrup deaths: Probe against Coldrif manufacturer exposed lapses by TNFDA
A recent inspection by the Central Drugs Standard Control Organisation (CDSCO) exposed the unit's appalling conditions and total non-compliance with Good Manufacturing Practices (GMP), the sources said The investigation against the Kanchipuram-based manufacturer of...
Minister of Communications cautions against AI’s unchecked risks
``Facial recognition systems have misidentified minorities with up to 80% error rates, while in healthcare, AI misdiagnosed 20% of tuberculosis cases in Uttar Pradesh hospitals—underscoring the danger of opaque, unaccountable systems''Pemmasani Chandra Sekhar,...
Thane MACT awards Rs 1.2 crore compensation to kin of businessman killed in expressway accident
Tribunal member R V Mohite on Thursday directed the owner of the tempo involved in the accident and the insurer, ICICI Lombard General Insurance Co. Ltd, to jointly and severally pay the compensation with 9 per cent interest per annum from the date of the petition...
Govt throws open CMD posts of PSU general re/insurance cos and one position of LIC MD for pvt sector professionals
The new norms now will allow eligible private sector professionals to apply for the CMD post of GIC Re, which has fallen vacant after N Ramaswamy retired on Sep 30 External Candidates applying for posts of CMDs of PSU general insurance companies should have minimum 21...