Nirmala Sitharaman,Finance minister Allied Health Professional...
Category:
Non-Life
Latest
Budget 2026–27:Interest awarded by MACT to a natural person exempted from income tax
The tax holiday period on business income earned by a unit in...
Southern Africa floods killing 300 fueled by global warming
An estimated 300 people have died in extreme flooding across parts...
GIC Re emerges as the 10th largest global reinsurer in AM Best’s latest chart
In AM Best's `World’s 50 largest reinsurers in 2023’, Munich Re is the largest IFRS 17 reporting reinsurer followed by Hannover Re and SCOR Re. Swiss Re is the largest non-IFRS 17 reporting reinsurer globally, followed by Berkshire Hathaway and...
Red Sea insurance nearly doubles after attacked oil tanker appears to leak oil
Insurance industry sources said on Wednesday additional war risk premiums, paid when vessels sail through the Red Sea, were quoted up to 0.75% of the vessel from 0.4% before the attack, although they were higher at 1% in February according to industry assessements of...
Deepfake technology to be serious menace, govt should look into it: Delhi HC
“You ( Central government) will have to start working on this. You also start thinking about this. It (deepfake) is going to be a serious menace in the society,” said Acting Chief Justice Manmohan and Justice Tushar Rao Gedela New Delhi: Deepfake technology is going...
India saw 19.3 drop in particulate pollution in 2022 adding 51 days to life expectancy Report
Despite this improvement, the average resident in northern plains is still likely to lose about 5.4 years of life expectancy if the current pollution levels persist. On the other hand, if the decline in particulate levels continues at the same rate in the coming...
Sept 9 GST council meet to discuss rationalisation of tax , final decision later: FM
Nirmala Sitharaman,Finance Minister "The upcoming GST Council meeting will take up the issue of rate rationalisation. There will be a discussion on the issue. Committee of officers will make a presentation on rate rationalisation," Sitharaman told New Delhi: Finance...
Pradhan Mantri Jan Dhan Yojana@10: World’s Largest Financial Inclusion Mission
PMJDY, the world’s largest successful mission has already crossed the 53 crore beneficiaries mark Through PMJDY, one can avail benefits of multiple schemes via Direct Benefit Transfer (DBT). They include Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri...
Peak Re appoints Swiss Re’s Peter Hämmerli as Head of Business Operations
“His deep expertise and dedication to excellence make him a perfect addition to our team as we work to strengthen our operations and provide exceptional value to our clients,” said Franz-Josef Hahn, CEO of Peak Re Zurich: Peak Reinsurance Company, a Hong Kong- based...
Special medical stores to be opened in every tehsil for AYUSH medicines Union Minister
"Only a few AYUSH medicines are available in common medical stores, due to which patients and doctors prescribing these medicines face problems. The government wants to ensure AYUSH drugs come into the market in abundance after research. These medicines should be...
TPA Consolidation: Medi Assist to acquire Fairfax-backed Paramount Health Services & Insurance TPA for Rs 311 cr
Paramount TPA is owned by Nayan Shah family and Fairfax Asia, which had picked up 51 % in the company in 2020 With the acquisition of Paramount TPA, Medi Assist TPA market share will grow to 36.6% for the group segment and 23.6% of the health insurance industry, by...
Reliance Cap lenders raise concerns over Rs 7,300 cr debt term sheet offered by IIHL
The committee of creditors (CoC) has expressed concerns that bankers to IndusInd International Holdings Ltd (IIHL) have imposed numerous conditions for offering Rs 7,300 crore debt and some of these conditions can only be met by IIHL after the resolution plan has been...