In the Asia-Pacific region, natural disasters resulted in overall...
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Tamil Nadu pays Rs 1237.80 cr of premium to UII for renewing state’s health insurance scheme in 2026-27
The scheme provides cashless hospitalization for specific...
Nexus acquires medical tourism specialist Sure Insurance Services
The business will become part of Millstream Underwriting, which has...
GST Council forms GoM to review tax rate on insurance; report by Oct 30
The Terms of Reference (ToR) of the newly formed panel also include suggesting tax rate of health/medical insurance including individual, group, family floater and other medical insurance for various categories like senior citizens, middle class, persons with mental...
Combination of EVs, hybrids, plug-in-hybrids will drive India’s clean energy auto sector: Report
As per the report, the Indian EV market has seen tremendous growth. Global EV sales reached 14 million in 2023, with India experiencing a 90 per cent growth rate. By 2030, the Indian government aims for 30 per cent EV penetration, with key enablers like expanded...
India jumps to Tier 1 in Global Cybersecurity Index 2024
India topped the chart for adopting measures like legal, technical, capacity development and cooperation as areas of relative strength. Organisational measures was a listed as an area of potential growth for the country New Delhi: India has jumped to Tier 1 in the...
Buffett’s insurance leader Ajit Jain sells large part of Berkshire stake
Ajait Jain, vice chairman, Berkshire Hathaway Jain’s selling occurred five days after Berkshire’s share price peaked above $727,000, and less than two weeks after its market valuation first topped $1 trillion Ajit Jain, the longtime top insurance executive at Warren...
Marsh looks for a new president for its Broking vertical in India
It is reliably learnt that the company is keen to have an insider from the Indian insurance industry to be appointed as a president of Marsh India Insurance Brokers and has hired a headhunter for the exercise Singapore: US based Marsh McLennan, the largest...
DBS looks for bancassurance partnership in India and Taiwan
The Singapore-based lender is working with Goldman Sachs Group Inc. as an adviser on potential bancassurance agreements for those markets, the people said, asking not to be identified because the deliberations are private DBS Group Holdings Ltd. is considering forming...
Govt to spend Rs10,900 crore to enhance electric vehicle mobility
The primary objective of the PM E-DRIVE scheme is to expedite the adoption of EVs by providing upfront incentives for their purchase, as well as by facilitating the establishment of essential charging infrastructure for EVs. The PM E-DRIVE scheme aims to promote EVs...
National Health Authority and IIT Kanpur sign MoU for development of digital public goods for AI in Healthcare
Under this MoU, a federated learning platform across a variety of machine learning model pipelines, a quality-preserving database, an open benchmarking platform for comparing & validating AI models, and a consent management system for research under Ayushman...
Govt approves Rs 12461 crore budgetary support for cost of enabling infrastructure for Hydro Electric Projects
The government has been taking several policy initiatives to address the issues impeding Hydro Power development, viz., remote locations, hilly areas, lack of infrastructure etc New Delhi: The center today has approved the proposal of the Ministry of Power for...
Govt extends Rs 5 lakh health covers free to all citizens of 70 yr and above irrespective of income
This aims to benefit approximately 4.5 crore families with six crore senior citizens with Rs 5 Lakh free health insurance cover on a family basis New Delhi: The Union Cabinet, chaired by the Prime Minister Narendra Modi, has approved the health coverage to all the...