Madhabi Puri Buch,former chairperson, SEBI "There is prima facie...
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New SEBI Chairperson Pandey’s four-point mantra — trust, transparency, teamwork and technology
"We work for trust, we work for transparency, we work for teamwork,...
FPIs withdraw Rs 34,574 cr from equities in Feb; total outflow hits Rs 1.12 lakh cr in 2025
"Elevated valuations of Indian equities, alongside concerns about...
“Govt willing to consider insurers demand to be on par with banks for issuing surety bonds” Alamelu
TL Almelu, member, Non-Life, Irdai ''A huge market is available for surety bonds in-country and now, the onus is on the insurance fraternity to come out with products quickly. We have already initiated at authority level discussions with the insurance agencies and...
Investors lose Rs 13 trn as Sensex crashes 2,702 pts amid global meltdown
"It was a big surprise for the world market as it was not anticipating a war. It was expecting a diplomatic meet between Biden and Putin. Markets around the globe plunged deep in red as the Ukraine crisis intensified with Russia's invasion into Eastern Ukraine. Crude...
Rajasthan raises health cover to Rs 10 lakh per family, reverts to defined benefits pension scheme for its employees
Rajasthan Chief Minister Ashok Gehlot as part of Budget also announced that IPD and OPD services will be free-of-cost in state-run hospitals Jaipur: Rajasthan Chief Minister Ashok Gehlot on Wednesday presented his fourth Budget for the year 2022-23, with the main...
India sees strong financial security, tepid growth in life insurance ownership and awareness: Max Life Survey
Term insurance witnessed an uptake in the last two years, with ownership rising to a significant 43% from 39% last year. The survey also reflects an increased ownership of other life-insurance products amongst urban Indians such as savings and market-linked plans. New...
IRFC raises $ 500 million foreign currency Climate Bond
The funds raised will help Indian Railways to meet its target of carbon neutrality and the wider target set by the government to meet the emission and carbon norms set in COP26. This Transaction makes IRFC the first Central Public Sector Enterprise (CPSE) to list its...
Lot of buzz, interest in market for LIC IPO: Sitharaman
Finance Minister Nirmala Sitharaman ''Now that DRHP (for LIC IPO) is out, there is a buzz and a lot of interest in the market. I am glad the way in which it is crafted where shareholders also have a role to play. The way it has been crafted has created a lot of...
Skymet predicts ‘normal’ monsoon in 2022
The agency said it is in the process of gathering data sets pertinent for a comprehensive monsoon forecast and intends to release a detailed report in April New Delhi: Private weather forecasting agency Skymet has predicted a normal monsoon this year which is expected...
Insurtech player RenewBuy acquires Artivatic.AI for Rs 75cr
The acquisition will allow RenewBuy to extend its tech solutions across the entire value chain – from sales, to underwriting and claim solutions ''We pioneered the digital agent distribution model, by putting an app in the hands of an agent. This led to a new...
Maintain constant vigil on financial sector, work to achieve inclusive growth: FM to regulators
On the appointment of a new IRDAI chief, Sitharaman said: "I share the concern of not having a chairman at IRDAI. Will soon decide on the appointment of IRDAI chairman." Mumbai: The high-level FSDC headed by Finance Minister Nirmala Sitharaman on Tuesday deliberated...
Biological E. COVID shot gets India emergency approval for 12-18 age group
India has so far only started vaccinating children aged 15 and above. According to government figures, more than 76 million children between 15 and 17 have been inoculated mainly using Covaxin BENGALURU: Indian vaccine maker Biological E. Ltd said on Monday its...