India’s Directorate General of Shipping has until Friday to extend...
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New GIC Re CMD to be selected by FSIB on Feb 24
A few names including Ashok Lahoty,appointed actuary of state owned...
Nagaraju inaugurates facilitation camps to promote ‘Paripoorna Mediclaim Ayush Bima’ for CGHS beneficiaries
M. Nagaraju, Secretary, Department of Financial Services (DFS),...
GIC Re net profit sees a record rise of 70 % to Rs 1,752 crore in Q1FY26
N Ramaswamy, CMD, GIC Re Combined Ratio improves by 2.66% to 106.94% ,underwriting losses fall 30 per cent to Rs 907.76 crore, gross investment income increases by 18.37% to Rs 3,228.51crore ``In a bid to fortify our balancesheet further, we have started the practice...
LIC’s net profit rises 5% to Rs 10,987 crore in Q1FY26, pauses on Health Insurance foray till new Insurance Bill
R Doraiswamy, CEO & MD, Life Insurance Corporation ``We will wait for the proposed Insurance Bill and depending upon new changes in the Bill , our board and shareholders will take a call whether to enter into Health Insurance Business and how to do it. The Health...
Did cloudburst cause Uttarkashi flash flood? Experts say rain data doesn’t support claim
“Data available with us does not reflect the occurrence of a cloudburst,” Rohit Thapliyal, a scientist with the India Meteorological Department (IMD) said. Dehradun: A cloudburst in the upper catchment of the Kheer Ganga river is widely believed to have triggered the...
Joydeep Saha appointed as MD & CEO of ManipalCigna Health Insurance
Joydeep Saha,MD & CEO of ManipalCigna Health Insurance He has been associated with the company for over seven years, having previously served as appointed actuary and chief officer – Actuarial, Product, Reinsurance, Group Underwriting & Analytics Mumbai: After...
Landslides, blocked roads hamper flood rescue efforts in Uttarakhand
Weather experts and geologists told media the cause of the havoc needed to be investigated in the absence of heavy rain in the area on Tuesday, adding that they suspected the cause could be a glacial lake outburst flood RISHIKESH: Rescuers battled heavy rain and...
Rising AI-driven cyber attacks and geopolitical tensions hit India Inc, says Aon
Prasanna Kumar, head of cyber solutions for India at Aon, said, “We are witnessing India adopt AI at a rapid pace, which brings a host of new risks. Data poisoning attacks can compromise the integrity of critical AI systems and deepfake technology is now being used to...
RBI decides to keep interest rate unchanged at 5.5 pc
Sanjay Malhotra,Governor, Reserve Bank of India The Reserve Bank on Wednesday retained the GDP growth projection for the current fiscal year at 6.5 per cent while lowering the inflation forecast to 3.1 per cent from 3.7 per cent. Mumbai: After three successive...
Cloudburst leads to flash floods in Uttarkashi, several homes swept away
"The news of heavy losses due to cloudburst in Dharali (Uttarkashi) area is extremely sad and painful. SDRF, NDRF, district administration and other related teams are engaged on war footing in relief and rescue operations," Chief Minister Pushkar Singh Dhami said in a...
Pollution boards can impose environmental damages, says SC
Having considered the principles that govern Indian environmental laws, we have held that the environmental regulators, the Pollution Control Boards exercising powers under the Water and Air Acts, can impose and collect restitutionary or compensatory damages in the...
JFSL set to become premier financial services enterprise by embracing technology
K V Kamath,Chairman , JSFL Observing that one must also remember that the business of financial services is premised on trust, he said, "even as we harness the full potential of technology to make financial services more experiential and efficient, we must remain...