The penalty has been imposed on the company for abusing its...
Category:
Indian News
Latest
AI171 plane crash: Air India starts process for final compensation
Tata Group-owned Air India is in the process of paying the interim...
No major impact on normal life due to one-day nationwide strike call
According to reports, a mixed response was seen in states including...
New India’s net profit rises almost 6% to Rs372 crore in 3rd quarter
Girija Subramanian, CMD,NIA said,``Our domestic gross direct premium growth significantly outpaced the industry average, resulting in our market share improving to 13.4 per cent, compared to 12.8 per cent in the corresponding previous year. While the incurred claim...
AI171 crash probe: AAIB assessing various aspects; nothing has been ruled out, says source
All aspects related to technical, operational, organisational and human factors are being looked into, and it is a very complex process. Certain components of the aircraft are also being examined by AAIB, the source said New Delhi: The Aircraft Accident Investigation...
EC work: LIC field workers move HC for protection of their service conditions
Petitioner National Federation of Insurance Field Workers of India, through their lawyer, stated before the court of Justice Krishna Rao that they apprehend that their service in the company will be affected if they are engaged in election-related work. The court said...
India’s vast internet, social media apps market
Alphabet and Meta do not officially disclose country-specific figures, but DataReportal pegs YouTube users in India at 500 million, Facebook 403 million, Instagram at 481 million, and Snapchat at 213 million. Bengaluru:India is one of the most critical growth markets...
WHO sees low risk of Nipah virus spreading beyond India
"The WHO considers the risk of further spread of infection from these two cases is low," the agency told Reuters in an email on Friday, adding that India had the capacity to contain such outbreaks.There is no evidence yet of increased human to human transmission,''...
IRDAI’s Reinsurance Advisory Committe reconstituted with A.V. Girija Kumar as chairman
The other members of the committee are- T. L. Alamelu,former, member, IRDAI, Praveen Vashishta,former CEO & MD at Howden Insurance Brokers India, Roopam Asthana,former CEO at Liberty General Insurance Hyderabad:The Indian insurance regulator IRDAI has...
Insurance sector remains constrained by a high-cost distribution model inflating protection cost:Economic Survey
Nirmala Sitharaman Union Minister for Finance and Corporate Affairs The insurance sector stands at a pivotal juncture, as it remains constrained by a ‘low-penetration, high-cost’ equilibrium driven by a high-cost distribution model that has inflated the cost of...
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 impact of policy reforms over recent years that appear to have lifted the economy’s medium-term growth potential closer to 7 per cent New Delhi: The Economic Survey on Thursday projected the GDP growth...
Urban Company and HDFC Pension forge partneship to secure future of 50,000 service professionals
As part of the affiliation, HDFC Pension will manage pension contributions providing a seamless digital experience for on-boarding, account management and long-term retirement planning, while Urban Company will facilitate awareness and access to the program across its...
Digit Insurance pays first moisture index-based parametric insurance claim to Rajasthan farmers
The total policy sum insured for excess moisture and drought parametric coverage was Rs 1.5 crore for around 2,200 acres of land spread across four districts: Tonk in Rajasthan and Gorakhpur, Jaunpur and Varanasi in Uttar Pradesh. Bengaluru: Go Digit General Insurance...