"The Motor Third Party line of business continued to be under...
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BNP Paribas Cardif to acquire 26% stake in IndiaFirst Life from Warburg Pincus
Pauline Leclerc-Glorieux, CEO, BNP Paribas Cardif said "We are very...
SBI Life posts higher quarterly profit, expects margins to improve
"We have definitely seen the margin bottoming out," SBI Life MD and...
No major impact on normal life due to one-day nationwide strike call
According to reports, a mixed response was seen in states including Odisha, Kerala, Tamil Nadu, Goa, Jharkhand, Chhattisgarh, Madhya Pradesh and Punjab.Public transport, markets, educational institutions, and business establishments were affected as major roads,...
Data-driven governance and research critical for resilient securities markets: SEBI Chairman
He highlighted that while artificial intelligence and advanced analytics can strengthen surveillance and detect fraud, algorithmic markets can create feedback loops, and AI models can introduce opacity. To address these "real and growing" concerns, he called for...
Stanchart launches health and wellness offerings for high- net-worth clients in partnership with Niva Bupa
Recognising the growing demand among Indian consumers for end-to-end healthcare support, the collaborations,in partnership with Niva Bupaand WHOOP, a fitness and health wearables company, span the entire healthcare journey - from preventive care and early diagnosis to...
Govt sticks to e-cigarette ban in snub for Philip Morris
"The government of India is not considering revoking, amending or relaxing this ban. India remains committed to evidence-based tobacco control and cessation measures," the health ministry said in response to Reuters queries about the lobbying by Philip Morris adding...
RBI proposes ban on 3rd‑party sales incentives to bank staff to curb mis-selling
The RBI mandated banks to refund the entire sum where mis‑selling has been established and to compensate customers for any losses in line with approved policies. Mumbai: The Reserve Bank of India (RBI) has proposed a ban on incentives paid by third parties to bank...
Govt deliberates on roadmap for Financial Inclusion 2.0
M. Nagaraju, Secretary, Department of Financial Services Nagaraju emphasized the need for further strengthening measures for achieving goal of presence of at least one bank branch in each subdivision in the North Eastern region, enhancing insurance and pension...
Govt notifies wage revision for PSU general insurance industry
The overall hike in wage bill will be 12.41 per cent with an increase of 14 per cent on existing basic pay and dearness alowance.A total of 43,247 PSGIC employees will benefit from this revision.The total outgo for the six companies will be to the tune of Rs 8170.30...
AIIA signs MoU with GI Council to launch cashless ayurveda treatment across 32 insurance companies
The primary benefit of this MoU is the establishment of a cashless treatment facility that spans all 32 insurance companies under the General Insurance Council. This initiative is designed to substantially enhance patient access and affordability, expand Ayurveda's...
Parli Thermal Power Station asked to stop operation of 2 units for non-compliance of pollution norms
Parli Thermal Power Stations (PTPS) had not conducted the annual mandatory third-party safety audits of its ash dykes since 2019. The ash dyke areas were accessible to illegal excavators which can lead to serious environmental hazards, the letter said, adding that...
AI has led to industrialisation of cybercrime, says Indian Cybercrime Coordination Centre CEO
``The biggest change that has come is that now cybercrime is being committed on an industrial scale. The technology has enabled industrialisation of cybercrime. With industrialisation, I mean the organised criminal gangs, mostly operating from Southeast Asia, Africa,...