The 3.5 trillion yuan ($486 billion) fund — which covers medical...
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Automakers clash with India over ‘aggressive’ emission limits
As automakers and government officials discuss the proposals, the...
India’s auto sector to show weak retail trend in June, flat to single digit growth: Report
While May and June 2025 volumes saw some support from pre-buying...
National consumer commission upholds doctor’s medical negligence, awards Rs 10 lakh compensation
In an order dated June 6, the national commission said that the doctor's hospital did not obtain "informed consent" for surgery, and the baby suffered injuries on his scalp and perichondritis of the ears, evidenced by the discharge summary of the second hospital...
Finmin asks public sector banks to monetise investments in subsidiaries via listing on bourses
For example, the country's biggest lender State Bank of India may look at listing SBI General Insurance and SBI Payment Services in the future after they scale up their operations.The general insurance arm of SBI has allotted 3,71,693 equity shares of ₹10 each during...
Monsoon havoc claims 34 lives, causes Rs 7,119 lakh loss in Himachal: State Govt
The highest damage has been reported to infrastructure under the Public Works Department, Jal Shakti Vibhag, and Power sectors,Himachal Pradesh Revenue Department stated Private property loss has been reported to be Rs 3,076.03 lakh, public property loss is reported...
Vessels near Strait of Hormuz transmit unusual messages to prevent attacks
“The perception among shipowners is that due to the convoluted nature of shipping it’s hard to know or ascertain clearly a chain of ownership to nationalities which may be under higher threat in shipping, namely the UK, U.S. and Israel,” said Ami Daniel, chief...
Insurers have to ensure premiums are reasonable and affordable: DFS secretary
M Nagaraju, Secretary, Financial Services Banks need to ensure that there is no mis-selling of insurance to customer and premium are affordable so as to help increase market penetration for such products New Delhi: Observing that high premiums dissuade people from...
Fairfax appoints Amitabh Kant as a senior advisor
Canadian billionaire Prem Watsa's company Fairfax Financial Holdings Limited on Friday said it has appointed former NITI Aayog CEO Amitabh Kant as a senior advisor. Go Digit, backed by Fairfax, has a general insurance company, a life insurance company and a...
Urban Indians are insured, yet financially exposed: Report
The report spotlights the underinsurance of working women. Only 19 per cent of working women have life insurance in their own name, despite contributing to household incomes.The study found that in 61 per cent of cases, policies were purchased for them, not by them,...
Gen Z embraces insurance early, warm up to Gen AI for research, finds out Policybazaar survey
The survey reveals a growing curiosity, early purchase consideration and a digital-first behaviour among India’s younger cohort - the Gen Z - with distinct patterns emerging between health and term insurance Policybazaar’s latest survey on Insurance Awareness Day...
Make GIFT IFSC more competitive to attract foreign investments: FM Sitharaman
Sitharaman visited IFSC at GIFT City in Gandhinagar on Thursday and reviewed its progress as an International Finance Services Center Sitharaman exhorted officials to work towards making GIFT IFSC more competitive and cost effective to attract HNI investments in the...
New India slapped with a GST demand of Rs 2,298 cr
New India Assurance believes that it has strong case on merit. Based on the advice of its tax consultants, the company is in the process of filing a detailed reply highlighting its contentions with the adjudicating authority within the prescribed timelines...