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SC orders TN police to form SIT for probing criminal lapses by National Insurance in a motor accident fraud claim case
The SC Bench comprising Justices Ahsanuddin Amanullah and R....
MP urges Sitharaman for easing ‘stringent’ lapse rules in life, health policies in Rajaya Sabha
“It is the ruthless lapse rules governing life and health insurance...
Tens of thousands evacuated as cyclone Montha gains strength
The cyclone is likely to turn into a severe storm by Tuesday, before crossing the coast of Andhra Pradesh later in the day, the India Meteorological Department (IMD) said HYDERABAD: India moved 50,000 people to relief camps on Monday as it began evacuations a day...
Govt plans to hike foreign investment cap in state-run banks to 49%, source says
Foreign interest in India's banking industry is on the rise as evidenced by Dubai-based Emirates NBD's recent $3 billion purchase of a 60% stake in RBL Bank and Sumitomo Mitsui Banking Corp's $1.6 billion acquisition of a 20% stake in Yes Bank which the Japanese...
Inclined to entrust CBI with investigation of all digital arrest cases: SC
The top court noted the submissions of Solicitor General Tushar Mehta, appearing for the CBI, that cyber crime and digital arrest cases are originating from off-shore locations like Myanmar and Thailand and directed the probe agency to come up with a plan to probe...
Maritime sector drives India’s economic surge as 95% of trade moves through sea routes
The shipping sector has expanded, with the number of Indian-flagged vessels increasing from 1,205 to 1,549 and gross tonnage from 10 to 13.52 million tonnes New Delhi: Nearly 95 per cent of India's trade by volume and about 70 per cent by value moves through maritime...
Strengthening healthcare key to building a healthy and developed India: President Murmu
“Healthcare is an integral part of nation-building. Protecting people from disease and improving their health is a priority for the government.For this purpose, health and medical infrastructure, institutions, and services are being continuously expanded across the...
IMF data shows India’s economy growing rapidly on strong domestic consumption: Economists
According to the IMF’s latest projections, India’s economy is expected to grow at 6.6 per cent in 2026, maintaining its lead among large economies. New Delhi: India’s economy continues to expand at a rapid pace, driven by strong domestic consumption, robust...
HDFC Pension aims to double its subscriber base in next few years: CEO
"PFRDA has reduced the vesting period to 15 years or retirement, whichever is earlier, and permitted 100% equity allocation under the Multiple Scheme Framework (MSF), compared to the earlier 75% cap. These steps have made NPS far more flexible and appealing to a...
Gold braces for turbulence ahead of central bank, geopolitical triggers: Analysts
"Gold witnessed its sharpest one-day decline in over a decade this week, retreating more than 6 per cent as investors booked profits following a prolonged record-setting rally. The sell-off was largely technical, with prices failing to hold above the USD 4,300 an...
LIC denies Washington Post report, says made investments in Adani firms independently
The statement was in response to a report in The Washington Post alleging officials orchestrated a plan to steer LIC into investing in the Adani group earlier this year, when the ports-to-energy conglomerate was facing a debt pile and scrutiny in the US. Mumbai:State...
Govt appoints Hitesh Joshi as acting CMD of GIC Re
Hitesh Joshi, acting CMD, GIC Re ``The competent authority has approved the entrustment of the financial and administrative powers and functions of the Chairman-cum-Managing Director (CMD), General Insurance Corporation of India (GIC-Re) to Hitesh Ramesh Chandra...