"The screening test in respect of the Pilot-in-Command (PIC)...
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Girija Subramanian takes over as member Distribution,IRDAI
Girija Subramanian, member, Distribution, IRDAI Except the post of...
Finance Ministry to host two-day conclave on 17-18 Aug, to deliberate people-centric banking reforms
The thematic tracks will focus on deposit mMobilisation, banking...
New India aims for 50:50 corporate-retail portfolio as insurance sector enters new era
From Lto R- G Srinivasan, MD& CEO, Galaxy Health Insurance, SK Kanwar, advisor, Reliance Industries,S. Sivasankar, executive director, New India Assurance(NIA),Girija Subramanian, CMD, NIA at NIA's 108th Foundation Day celebration on Wednesday in Mumbai "The...
Sikkim tunnel collapse: 22 bodies recovered,explosion suspected to have been caused by methane gas
Twenty-five workers were inside the under-construction NHPC Teesta Stage VI Hydropower Project tunnel, which collapsed following an explosion suspected to have been caused by methane gas shortly after 1 pm on Monday. Namchi:The bodies of 22 workers have been retrieved...
Blackstone, former HDFC ERGO CEO Anuj Tyagi join hands to launch general insurer in India
The proposed venture is expected to become the first new insurance company with up to 90 per cent foreign ownership following the government's decision to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent Mumbai:Global investment...
Govt advances small reactor plans, targets five nuclear units by 2033
India, which is keen to expand its use of clean energy, last year opened its nuclear generation sector to domestic and foreign firms in the private sector. It aims to expand nuclear capacity to 100 GW by 2047 from about 8.8 GW at present. NEW DELHI: India said on...
PFRDA opens on-tap licensing for pension fund managers in India
"Earlier, registration of Pension Funds was undertaken through applications invited during specified registration windows. Pursuant to the decision of the Authority, the registration process is now being opened on a continuous 'on-tap' basis and shall remain open...
10 killed in Sikkim tunnel collapse: CM
Sikkim Chief Minister Prem Singh Tamang said the tunnel of NHPC Teesta Stage VI Hydroelectric Project at Samardung in Jholungey caved in due to a landslide.A total of 25 people, including project officials and workers, were trapped inside the ADIT-3 tunnel when it...
Floods, landslides across northern India kill at least 25
GUWAHATI/SRINAGAR: At least 25 people died in floods and landslides caused by torrential rain across northern and northeastern India over the weekend, officials said on Monday, with more rain predicted over the next few days. At least 23 people have died and seven...
Supreme Court asks IRDAI to standardise cross-border Motor Insurance clauses
The bench said insurers have, in many cases, exploited this ambiguity either to escape liability which they should rightfully bear, or conversely, found themselves burdened with the liability they never intended to assume simply because their policy language was...
No decision taken yet to raise ethanol blending beyond current 20%: MoS
More than 20 crore two-wheelers and over 3 crore petrol cars, including a large number of older vehicles manufactured before E20 certification, have been operating on these fuels without any verified evidence of widespread engine failure or vehicle breakdown...
Wild swings in monsoon rainfall raise risks for Indian crops and power demand
This year’s monsoon opened with India’s fifth-driest June on record and rainfall almost 40% below normal levels, followed by a sudden deluge early this month — when about a month’s worth of precipitation was dumped on cities like Mumbai in a single week. An...