Referring to earlier rulings, the high court said that the...
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Fire doused at HPCL Rajasthan Refinery, Re/insured by Oriental Insurance and Swiss Re
The refinery-cum-petrochemical complex, which was scheduled to...
Health insurance covers about 47% in rural and 44% in urban India:Govt Survey
The Indian government's survey findings have shown the estimated...
Govt notifies new Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, IRDAI to frame new regulations
Now, insurance regulator IRDAI will come out with new set of regulations in accordance with the new Act which provides a host of changes including hiking FDI from 74 per cent to 100 per cent for the Indian insurance companies The new Act introduces one-time...
President grants assent to SHANTI bill that opens up nuclear sector for private participation
President Droupadi Murmu The Bill introduces an elaborate framework on duties and liabilities, including civil liability for nuclear damage. It caps the maximum liability for each nuclear incident at the rupee equivalent of 300 million Special Drawing Rights, with the...
100% FDI in Insurance:India’s big-bang financial reforms target wave of foreign money
All these reforms come as Prime Minister Narendra Modi and his administration want to make India a developed economy by 2047,a goal that requires economic growth of about 8% per year, and policymakers are betting on rapid industrialization and deeper capital markets...
Natural disaster blamed for landslide deaths as J-K court quashes plea against Vaishno Devi board
The plea alleged that despite weather advisories issued by the meteorological centre in Srinagar and the J-K Disaster Management Authority, the pilgrimage was not suspended, which amounted to criminal negligence by the CEO and other officials of the Shri Mata Vaishno...
Data breach case: US court approves Infosys McCamish’s proposed USD 17.5 mn settlement
Under the proposed terms, Infosys McCamish Systems had agreed to pay $17.5 million into a fund to settle all the pending class action lawsuits related to a cybersecurity incident in 2023, which identified the Infosys subsidiary as the main source. New Delhi:A US court...
India AI Governance Guidelines do not allow unrestricted deployment of high-risk AI systems: Govt
Jitin Prasada,Union Minister of State for Electronics and Information Technology It can also pose risks to individuals and society. Some of these include bias, discrimination, unfair outcomes, exclusion, and lack of transparency New Delhi:The India AI Governance...
20 of 24 PMFBY implementing states have opened escrow account for paying premium subsidy since Kharif 2025
Andaman & Nicobar Islands, Manipur, Mizoram and Sikkim are yet to open Escrow Accounts under the PMFBY,said Minister of State for Agriculture and Farmers Welfare Ramnath Thakur New Delhi:20 of the 24 Pradhan Mantri Fasal Bima Yojana(PMFBY) implementing states have...
CSR must inherently include environmental responsibility Supreme Court
"The corporate definition of 'social responsibility' must inherently include environmental responsibility. Companies cannot assert to be socially responsible while ignoring equal claims of the environment and other beings of the ecosystem," the bench said. New Delhi:...
RBI board approves risk-based deposit insurance framework for banks
"It is proposed to introduce risk-based deposit insurance premium with the currently applicable flat rate of premium as the ceiling. This will incentivise sound risk management by banks and reduce premium to be paid by better rated banks,'' Sanjay Malhotra, governor,...
Traditional medicine doesn’t get recognition it deserves, has to win confidence via science: Modi
Prime Minister Narendra Modi Addressing the WHO Global Summit on Traditional Medicine, Modi said strengthening research, use of digital technologies and developing a trusted regulatory framework will further bolster traditional medicine New Delhi: Prime Minister...