Outlining its future priorities, the corporation said its strategy...
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Amit Shah announces new cooperative life insurance firm, ‘Bharat Taxi’ expansion to 500 cities
"We will be setting up a life insurance company in the cooperative...
ICICI Pru Life seeks investor status for Prudential after Bharti Life deal
As per the current law, an entity cannot be a promoter in two...
Whole-time directors’ vigilance matters of PSU banks, insurers to be reported promptly:FinMin
The directive from the Department of Financial Services (DFS) under the ministry follows several instances where adverse information about board-level appointees was not promptly reported.Without citing any specific case, the advisory issued earlier this month, said,...
SC takes suo motu cognisance of Aravalli Range, hearing on Dec 29
As per the causelist published on the website of the apex court, a Bench comprising Chief Justice of India (CJI) Surya Kant, and Justices J.K. Maheshwari and A.G. Masih will hear the suo motu writ petition titled “In Re: Definition of Aravalli Hills and Ranges and...
Reliance General Insurance fined Rs 1 cr by IRDAI
The IRDA order clafrified that the submission of the insurer failed to adequately demonstrate and provide evidences regarding the authenticity and legitimacy of the payments made to the Glitterbug Technologies, an individual agent, Suvidhaa Infoserve and Aditya Birla...
Delhi tribunal awards Rs 1.26 crore compensation to family of man killed in 2023 road accident
The tribunal relied on CCTV footage, which showed that the bus had changed lanes suddenly, contradicting the driver’s claim that the deceased was trying to overtake the vehicle. New Delhi:A Delhi Motor Accident Claims Tribunal has awarded Rs 1.26 crore compensation to...
PSB consolidation to gain momentum in 2026 as govt eyes big world-class banks
As far as the insurance sector is concerned, the year saw the passage of the landmark Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, from Parliament, paving the way for 100 per cent FDI in the sector. New Delhi: Consolidation in public sector banks...
No circular issued on relaxations related to filing of fin statements under cos law: Govt
"It has come to the notice of the Ministry of Corporate Affairs (MCA) that a fake General Circular No. 08/2025 dated 26th December, 2025 is being circulated, which falsely claims relaxation of additional fees and extension of timelines for filing of Financial...
Air pollution is India’s biggest public health crisis since Covid, warns UK doctors
The Indian government's renewed focus on controlling air pollution is necessary and overdue. However, it is time to confront an uncomfortable truth: for millions living in North India, the damage has already been done. What is currently being managed represents only...
Delhi Police bust Tata AIG’s Rs 30 cr motor accident claim fraud, arrest a garage owner and insurer’s 2 employees
The case involves serious charges of insurance fraud, forgery, conspiracy, and money laundering under various legal provisions. Two Tata AIG employees have already been arrested, according to a statement issued by Amrutha Guguloth, additional police commissioner,...
FSSAI warns food businesses against labeling herbal infusions as ‘tea’
The regulator has directed all FBOs, including those engaged in e-commerce, manufacturing, packing, marketing, import or sale of such products, to comply with food safety regulations. New Delhi: The Food Safety and Standards Authority of India (FSSAI) has issued a...
RBI postpones 2nd phase of quicker cheque clearing mechanism
In the second phase, the banks are required to clear cheques within three hours of realisation in the cheque truncation system. "Implementation of Phase 2 is being postponed, until further notice, to allow more time for banks to streamline their operations," the...