The preliminary report released earlier provided factual...
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LIC keen on buying stakes in a suitable health insurance company,says CEO Doraiswamy
``We are evaluating various options available in the market, but we...
Environmental Concerns:SC refuses to pass any order related to Adani group’s proposed thermal power plant in UP
CJI Kant said the difficulty is that sometimes concerns are raised...
India’s financial inclusion index improves, surges to 67 from 64.2 in March 2024: RBI
It captures the level of financial inclusion using data from different sectors, including banking, insurance, investments, pensions and postal services. Mumbai: The Reserve Bank of India (RBI) on Tuesday said that the country's financial inclusion index (FI-Index)...
TRAI convenes joint committee of regulators on issues of spam and cyber fraud
Key outcomes were urgent transition to 1600-Series for Commercial Calls, regulators, discussed setting up timelines for migration to the dedicated 1600-number series for transactional and service calls in the banking, financial services, and insurance (BFSI) sectors....
Private sector general and health insurers record higher underwriting losses in FY 25
Led by Tata AIG General insurers, which had an underwriting losses of Rs 2,229 crore, 25 e private sector multiline general insurers ‘ underwriting losses have spurted by 12 per cent to Rs 12,398 crore in FY 24-25.Similarly, with Star Health at the top, the...
No Insurance Amendment Bill yet in Parliament’s Monsoon session
The government has already listed eight bills for their likely introduction and passage in the Monsoon session of the Parliament but there is no mention of the Insurance Amendment Bill in the list.The Ministry of finance officials earlier had...
Progress in India enabled by dual strategy of strong safety nets, reforms that foster growth: NITI Aayog VC
Suman Bery ,Vice Chairman, NITI Aayog 240 million Indians escaped from multi-dimensional poverty in the decade between 2013-14 and 2022-23, and social protection coverage has more than doubled since 2015. India is on track to achieve health targets for maternal, child...
Uttarakhand crash: AAIB says helicopter tumbled down hill after rotor blade hit overhead cable
The 17-year-old Bell 407 helicopter operated by Aerotrans Services Pvt Ltd, with six passengers onboard, crashed 24 minutes after being airborne on May 8. New Delhi: A preliminary probe into the helicopter crash that killed six people in Uttarakhand in May has found...
RBI Dy Governor pitches for global unity, tech transfer to tackle climate change
The Deputy Governor said the focus needed to shift from project-based finance to overall market development with policy reforms, development of a project pipeline, and consistent regulatory frameworks, creating systemic conditions for fostering sustainable and green...
ED summons Meta, Google officials in illegal betting case
The federal agency is probing multiple platforms hosting illegal betting and gambling links, including instances of advertisements placed for them on various Internet-based social media outlets and app stores. New Delhi: India's financial crime fighting agency, the...
Banks need to build resilience against cyber threat: DFS Secretary
Financial Services Secretary M Nagaraju Launched in December 2024, the 'Code Against Malware' hackathon invited student teams from IIT Kanpur and other premier institutions to develop endpoint security solutions to detect ransomware, using behavioural analysis,...
Allianz and Reliance Group’s Jio Finance float three 50-50 JVs for life,non-life and reinsurance business in India
Jio Financial Services Limited (JFSL) and Allianz Group (Allianz), through its wholly-owned subsidiary Allianz Europe B.V. on Friday entered into a binding agreement to form a 50:50 domestic reinsurance joint venture to serve the dynamic and high-growth insurance...