Advisories have been issued by DG Shipping directing all Indian...
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Investors’ wealth tumbles by Rs 5.14 lakh cr as markets plunge nearly 2 pc
Foreign Institutional Investors (FIIs) offloaded equities worth Rs...
Parthanil Ghosh appointed as MD and CEO of HDFC ERGO General Insurance
Parthanil Ghosh, MD &CEO designate, HDFC ERGO General Insurance...
India’s FinTech boom exposes sector to rising cyber threats: PwC Report
Shah Amber, Managing Director at PwC India, emphasised that with the fintech sector projected to reach USD 400 billion by 2030, strong cybersecurity will not only protect businesses but also reinforce customer confidence.Safeguarding customer data and building digital...
Ritu Arora appointed as Allianz Group’s Country Head of India
Ritu Arora, Country Head of India, Allianz In July 2025, Allianz announced that it had entered into a binding agreement with Jio Financial Services Limited (JFSL) to form a 50:50 domestic reinsurance joint venture to serve the dynamic and high-growth reinsurance...
Munich Re and New India provide first ever large parametric Pandemic Resilience cover to Mumbai’s biggest mall Phoenix Mills
``Munich Re is supporting these solutions with reinsurance capacity, however due to nature of pandemic risks no insurance balance sheet, not even one as strong as Munich Re’s, can absorb the potential losses alone. To make the consequences of a pandemic/epidemic...
AIC’s women leaders recognised at Indian PSU Nari Shakti Samman Awards 2025
L to R- Bhaskar Chatterjee (Retd. IAS), Lavanya R. Mandayur, CMD, Agriculture Insurance Company and Ritu Khanduri Bhusan, the first woman Speaker of the Uttarakhand Legislative Assembly, at the Indian PSU Nari Shakti Samman Awards 2025 ceremony on Wednesday in New...
Algorithmic decision-making may pose non-traditional risks to financial system RBI DG
Swaminathan J ,Deputy Governor, RBI The senior Reserve Bank official said that digital innovation is extending inclusion beyond payments. Micro-insurance and pension products are increasingly being delivered through digital platforms, helping low-income households...
Gold ETFs record 6-fold jump in Sep inflows amid geopolitical tensions, price rise: Report
Net assets under management for Gold ETFs surged to Rs 90,135.98 crore in September, nearly doubling from Rs 39,823.50 crore a year earlier, marking a 126.34 per cent increase. On a month-on-month basis, net AUM increased by 24.33 per cent from Rs 72,495.60 crore in...
Digital payment adaptability in India reaches 87%: FM Sitharaman
India is recognised as a world leader in digital payments, accounting for nearly half of all real-time digital transactions globally. The Unified Payments Interface (UPI) is the cornerstone of India's digital payment ecosystem. It processed over 18,580 crore...
HDFC Life Q2 net profit inches up 3 pc to Rs 447 cr
"The recent GST revisions are a constructive structural shift aimed at simplifying compliance and improving affordability. We have ensured that the full benefits of the GST exemption are passed on to our customers," Vibha Padalkar,managing director and chief...
DPIIT launches PM GatiShakti Offshore for integrated planning
The portal would have detailed data sets on offshore wind, solar, tidal, wave, and ocean thermal energy potential; oil and gas fields and pipelines; bathymetry and sedimentary basins; coastal regulation zones; coral reefs, mangroves, and marine mammal areas; ports,...
ICICI Lombard General Insurance net profit rises 18% to Rs 820cr, approves an interim dividend of Rs 6.5 per share
Combined ratio in Q2 FY2026 was 105.1 per cent as compared to 104.5 per cent in Q2 FY25. Company's underwriting losses have dipped to Rs178 crore in the second quarter of the current fiscal from Rs160 crore in Q2FY26. The insurer, at 31.9 per cent, has breached...