CS Setty,Chairman,State Bank of India On the long‑standing demand...
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New India’s net profit rises almost 6% to Rs372 crore in 3rd quarter
Girija Subramanian, CMD,NIA said,``Our domestic gross direct...
AI171 crash probe: AAIB assessing various aspects; nothing has been ruled out, says source
All aspects related to technical, operational, organisational and...
MobiKwik fraud triggers demand for deeper probe into fintech platforms
Industry experts said the MobiKwik case is not an isolated one. In August, Policybazaar Insurance Brokers Private Limited also lodged a complaint with Gurugram Police after fraudsters impersonated its employees, forged documents, and misused the company’s ID cards and...
Boeing, Honeywell sued by Air India crash victim families
The lawsuit filed on Tuesday in Delaware Superior Court blames Boeing and Honeywell , which made the switches, for the crash seconds after Flight 171 took off for London from the Indian city of Ahmedabad. The families of four passengers killed in the June 12 crash of...
AI plane crash Pilot’s father seeks another probe saying AAIB findings tarnished his son’s image
Amid speculations about the cause of the fatal crash after the release of its preliminary probe report on July 12, AAIB had asserted that it was too early to draw any "definite conclusions" on what led to the accident as the investigation was still on and that the...
RBI forms committee for periodic review of regulations
The review body will be advised by a group of six industry experts, and will be chaired by State Bank of India's managing director Rana Ashutosh Kumar Singh. N. S. Kannan, former managing director & Chief Executive Officer, ICICI Prudential Life Insurance is one...
Irdai chairman Ajay Seth launches Bima Sugam website
``The launch of the website today is an important milestone, and I am confident that with collective industry commitment, the vision of 'Insurance for All by 2047' — as part of the Prime Minister's mission of Viksit Bharat 2047 — will become a reality. Ajay...
Sebi to engage with govt to allow banks, pensions funds to invest in non-agri commodity derivatives
"We will also engage with the government to consider banks, insurance companies and pension funds to trade in these (non-cash, non-agricultural) markets," chairman Tuhin Kanta Pandey said Mumbai:Sebi will "engage" with the government to allow banks, insurance...
GST on renewable energy devices rationalised to 5%, to accelerate India’s clean energy transition
By making renewable energy more affordable and accessible, this reform aligns with India’s international commitments under the Paris Agreement while advancing the nation’s target of 500 GW of non-fossil fuel capacity by 2030. It firmly positions India as a leader in...
Action will be taken against e-commerce entities using dark patterns: Consumer Affairs Secy
Nidhi Khare, Consumer Affairs Secretary Khare advised e-commerce entities to conduct a self-audit and avoid using dark patterns, which include tactics such as false urgency alerts, hiding negative reviews, subscription traps, and bait-and-switch pricing. The...
India steel exports face EU carbon tax hit, US tariffs impact minimal, offic says
Indian steel is predominantly produced using blast furnaces, where emissions are high, Sandeep Poundrik, steel secretary , said, adding that further addition of blast furnace capacity is an area of concern New Delhi: India's steel industry will not see much direct...
Landslides after heavy rain in northern India kill 15, several missing
Uttarakhand is prone to floods and landslides, which some experts blame on climate change Landslides and heavy rain in India's Himalayan state of Uttarakhand killed at least 15 people on Tuesday, with 16 missing, Indian media reported on Wednesday. Visuals showed...