The other members of the committee are- T. L. Alamelu,former,...
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Insurance sector remains constrained by a high-cost distribution model inflating protection cost:Economic Survey
Nirmala Sitharaman Union Minister for Finance and Corporate Affairs...
India’s economy projected to grow at 6.8 to 7.2 pc in FY27: Economic Survey
The growth projection has taken into consideration the cumulative...
Govt extends ITR filing deadline by a day to Sep 16 as tech snags hit e-filing portal on last day
A record over 7.3 crore ITRs were filed till September 15, surpassing last year's 7.28 crore, the Central Board of Direct Taxes (CBDT) said in a post on X. New Delhi: The government on Monday extended the due date for filing income tax returns (ITRs) for Assessment...
Govt asks insurers to pass on full benefits of 18% GST exemption to both existing and prospective retail Life and Health policyholders
M. Nagaraju, secretary, Department of Financial Services Further, the insurers have been directed M. Nagaraju, secretary, Department of Financial Services(DFS) to proactively undertake outreach campaigns to publicize the reforms and highlight their prospective...
India adopts techno legal approach for AI safety Vaishnaw
Ashwini Vaishnaw,Minister of Electronics and Information Technology "When there is a trade off between regulation and innovation, we tend to tilt more towards innovation. That's very different from Europe and many other parts of the world, where the tilt is more...
Entire Himalayan range facing ecological crisis: SC
A report filed by Himachal Pradesh said the recent devastations in the form of high-intensity rainfall, cloudbursts, flash floods, landslides, variations in snowfall patterns, and receding glaciers were manifestations of climate change, an undeniable global phenomenon...
AI not static, regulation must match pace of tech advancement: Nirmala Sitharaman
Nirmala Sitharaman, Finance Minister "Artificial Intelligence is not static. It is a rapidly progressing, real-time and dynamic. Therefore, all of us will have to be conscious that we don't sit back on the ethics. We need to be clear that regulation has to run the...
PM Modi to launch ‘Swasth Nari, Sashakt Parivar Abhiyaan’ on Sep 17
Narendra Modi,Prime Minister The campaign will cover specialist services in gynaecology, paediatrics, dental care, dermatology, eye and ENT care, and mental health, supported by AIIMS, defence and railway hospitals, ESIC centres, and private hospitals New Delhi: Prime...
Insurance Amendment Bill likely to be introduced in Winter session FM Sitharaman
Nirmala Sitharaman,Finance Minister The finance ministry has proposed to amend various provisions of the Insurance Act, 1938, including raising foreign direct investment (FDI) in the insurance sector to 100 per cent, a reduction in paid-up capital, and a provision for...
PSU banks ready to play a larger role towards Viksit Bharat 2047: DFS Secretary
M Nagaraju, Financial Services Secretary Key suggestions included adopting next-generation technologies, building common infrastructure, and designing hyper-personalized products. The discussions stressed the importance of modernising PSB technology by moving beyond...
General insurers’ body asks AHPI to withdraw its warning against Star Health and ensure uninterrupted cashless services
AHPI has proceeded with its unilateral action, signalling a preference for disruption over collaboration to improve customer service and protect patient interests, alleged the GI Council Mumbai: General Insurance Council(GI Council), the official representative body...
“Initial payouts not sufficient,” claims Mike Andrews, US lawyer for Air India 171 crash victims
Asked about initial payments being offered by Air India to the families, Andrews dismissed them as insufficient. "No, that payment is not going to be sufficient over the rest of their lives," Mike Andrews, a lawyer based in Montgomery, Alabama said The lead US...