In an affidavit filed in the court, the FSSAI has said it intends...
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India has doubled climate spending to 5.6% of GDP, says Finance Minister Sitharaman
Union Finance Minister Nirmala Sitharaman The Finance Minister...
Chhattisgarh govt returns to NPS fold for providing pension to its employees
Sivasubramanian Ramann,chairman,Pension Fund Regulatory and...
New India’s net profit jumps 80% to Rs391 crore in Q1FY 26, gains market share
Girija Subramanian, CMD. NIA “ Our domestic gross direct premium during the period grew by 15.27 per cent vis-à-vis the industry which grew by 8.84 per cent. Consequently, our market share for the period increased from 14.65 per cent to 15.51 per cent. The healthy...
Govt props up India’s climate preparedness
Jitendra Singh, Union Minister,Ministry of Earth Sciences “We are now at a stage where even a casual user can access live weather alerts, cyclone warnings, air quality updates, and ocean forecasts on their mobile phones. This is the result of a Government that works...
Government’s anti-fraud initiative shows remarkable success, 97% reduction in spoofed calls
Jyotiraditya Scindia,Union Minister for Communications The portal's CEIR facility allows users to report lost or stolen handsets for immediate blocking and tracing across all telecom operator networks. This ensures that stolen devices cannot be misused anywhere in...
No Insurance Amendment Bill in Parliament’s Monsoon session
M Nagaraju, Secretary, Department of Financial Services ``The Bill is not in the agenda of the current session of the Parliament,’’ confirmed M Nagaraju, secretary, Department of Financial Services(DFS) Mumbai: It is now official. The much awaited `Insurance...
Microsoft suspends services to Nayara, Co sues firm in Delhi HC
"Nayara Energy has initiated legal proceedings against Microsoft following the abrupt and unilateral suspension of critical services. Microsoft is currently restricting Nayara Energy's access to its own data, proprietary tools, and products - despite these being...
Raising FDI limit in insurance aimed at unlocking full potential of sector: FM
Nirmala Sitharaman Union ,Finance Minister "Further, this will eliminate the need for foreign investors to find Indian partners for the remaining 26 per cent, easing the process of setting up their operations in India, effectively increasing the number of insurers in...
Govt tasks PSU general insurers to ramp up Property portfolio and customer services
(L to R)-Girija Subramaninan, CMD, New India Assurance(NIA), Krishna S Vatsa, member, National Disaster Management Authority and Parshant K Goyal, joint secretary, Department of Financial Services. at NIA's 107th foundation day celebration ``For protecting...
Centre conducts over 9,700 cybersecurity audits of critical sectors like banking, insurance
Jitin Prasada,Minister of State for Electronics and IT “The policies of government of India are aimed at ensuring a safe, trusted, and accountable cyberspace for all users. Multiple initiatives have been undertaken to secure critical infrastructure sectors such as...
No plan to levy GST on UPI transactions exceeding Rs 2,000: Centre
Pankaj Chaudhary, Minister of State of Finance Pankaj Chaudhary, Minister of State of Finance, said in the Rajya Sabha that "there is no recommendation of levying GST on UPI transactions of over Rs 2.000 from the GST Council”. New Delhi: The government has reiterated...
Insurance brokers should maintain high governance standards and business ethics: IRDAI member
Girija Subramaniam, CMD, New India Assurance Rakesh Jain, CEO, Reliance General Insurance,Satyajit Tripathy, member, Distribution, IRDAI , Naveen Chandra Jha, MD & CEO, SBI General Insurance, Abhilash Sridharan, Partner, McKinsey & Company at a panel...