``This is the second consecutive quarter in this fiscal where we...
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I-T Bill powers taxmen to override computers, virtual digital space access codes in search, seizure
As per the Bill, virtual digital space encompasses any digital...
Rashmi Saluja ceases to be director of Religare as shareholders refuse her re-appointment
Rashmi Saluja Following the clarification from the RBI received on...
IRDAI effects reshuffle among sr officials
Randip Singh Jagpal, who has been a CGM in one of the most important portfolio- Department of Intermediaries, for many years ,has been shifted to Consumer Affairs Department. AR Nithiyananthan, CGM who was in charge Information Technology(IT) will now be heading...
Govt panel calls for regular market approval for Covishield, Covaxin
"The Subject Expert Committee (SEC) on COVID-19 of the Central Drugs Standard Control Organisation (CDSCO) which reviewed SII and Bharat Biotech's application for the second time on Wednesday has recommended granting regular market approval to Covishield and Covaxin...
Indian stock markets slump for 3rd straight day; Sensex down 516 points
The benchmark Sensex is trading deep in the red for the third consecutive session. The Sensex had lost 656 points and 554 points in the previous two trading sessions, respectively Mumbai: The Indian equities markets key indices tumbled for the third straight day on...
India logs over 3.17 lakh COVID-19 cases; daily positivity rate 16.41 pc
The country has so far registered 9,287 cases of COVID-19 variant Omicron. There is an increase of 3.63 per cent in its cases since Wednesday, as per the ministry. To detect the presence of the virus, 19,35,180 tests were conducted in the last 24 hours New Delhi:...
Rising premium growth, govt reforms to strengthen insurers’ profitability: Moody’s Report
''The Indian insurance industry's growth prospects are favourable, underpinned by an expected 9.3 per cent GDP expansion in fiscal 2021, which ends March 2022, and by strong demand for health insurance in the wake of the pandemic,'' Moody's Investors Service said in...
5G scare: AI cancels 8 US flights; DGCA working to overcome situation
Air India stated on Twitter that it won't be operate eight India-US flights on Wednesday "due to deployment of the 5G communications in the US". These eight Air India flights were: Delhi-New York, New York-Delhi, Delhi-Chicago, Chicago-Delhi, Delhi- San Francisco, San...
Risk mitigation in insurance key to drive penetration: Official
Both the government and the Insurance Regulatory and Development Authority of India are working together on how to drive the penetration of products, innovation and distribution, he said. said Saurabh Mishra,Joint Secretary,Department of Financial Services New Delhi:...
ICICI Lombard General Q3 profit remains flat at Rs 318 cr
Bhargav Dasgupta, managing director and CEO, ICICI Lombard General Insurance said that the profit was crimped by the rising cost pressure from marketing expenses as a section of the industry has been going aggressive on this front whittling the higher gains from...
DGCA to probe two IndiGo planes’ near collision over Bengaluru airport
Officials of Directorate General of Civil Aviation (DGCA) said that the two IndiGo planes -- 6E455 (Bengaluru to Kolkata) and 6E246 (Bengaluru to Bhubaneswar) -- were involved in 'breach of separation' at Bengaluru airport. Breach of separation happens when two...
India extends ban on international commercial flights till Feb 28
"This restriction shall not apply to international all-cargo operations and flights specifically approved by the DGCA. However, flights under Air Bubble agreement will not be affected," stated the notification New Delhi: India's civil aviation regulator, the DGCA, on...