M Nagaraju, Secretary, Department of Financial Services ``The Bill...
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Raising FDI limit in insurance aimed at unlocking full potential of sector: FM
Nirmala Sitharaman Union ,Finance Minister "Further, this will...
Former finance secy Ajay Seth takes over as new chairman of IRDAI
Some of the other issues, which will be matter of focus for Seth,...
Edelweiss General Insurance rebrands itself as Zuno General Insurance
Shanai Ghosh, MD & CEO, Zuno General Insurance, said, “Telematics is a silver lining for motor insurance industry in India. It allows us to offer personalized solutions and experience to our customers. Given the exponential growth of smartphone users in the...
RCap resolution: NCLAT issues notices to Torrent Investments, others
On February 2, the Mumbai bench of National Company Law Tribunal (NCLT) had ruled against holding a fresh round of auction for the takeover of Anil Ambani-promoted Reliance Capital (RCap) and said the challenge mechanism for financial bids has already concluded....
Hackers who breached ION say ransom paid; company declines comment
The ransomware outbreak that erupted at ION on Tuesday has disrupted trading and clearing of exchange-traded financial derivatives, causing problems for scores of brokers, sources familiar with the matter told Reuters this week. The hackers who claimed responsibility...
Budget-2023-24:Beyond tax-saving-driven insurance sales
Bhargav Dasgupta – MD & CEO, ICICI Lombard For a sector such as general insurance, where the industry has sought tax support for increased spend on home insurance or health, there is a message that they will have to strive for growth beyond tax-saving-driven...
7.8 magnitude quake knocks down buildings in central Turkey
Several buildings tumbled down in the neighboring provinces of Malatya, Diyarbakir and Malatya, HaberTurk television reported. There was no immediate reports on casualties The earthquake was also felt in Lebanon and Syria ANKARA: A 7.8 magnitude earthquake shock...
Maha: Village panchayat promises Rs 10 lakh accident insurance coverage to residents if they pay local tax
Panchincholi sarpanch (village head) Geetanjali Hanumante presided over the meeting, where her predecessor Shrikant Salunkhe proposed a resolution that personal accident insurance cover of Rs 10 lakh will be provided to the villagers on 100 percent payment of the...
50 govt websites hacked, 8 data breaches in 2022-23 alone: IT Minister informs Rajya Sabha
" There have been attempts from time to time to launch cyber-attacks on Indian cyberspace from both outside and within the country. It has been observed that such attacks compromised computer systems located in different parts of the world and use masquerading...
Budget-23-24:Boosting Indian re/insurance sector
Leaders of the Indian insurance Industry have hailed the Budget-2023 as positive for the economy which will throw a lot of opportunities for the insurance industry Devesh Srivastava, CMD, GIC Re Finance Minister has delivered a holistic and futuristic Budget ensuring...
Budget gives boost to govt’s focus on Ayush integration in national health ecosystem: Ministry
Budget allocation to centrally-sponsored National Ayush Mission (NAM) also saw a 50 per cent increase from Rs 800 cores to Rs 1,200 crores for 2023-24 The NAM is focused on providing cost effective Ayush services with the universal access through up-gradation of Ayush...
Budget 2023-24: Health sector allocation sees 13 pc hike, mission to eliminate sickle cell anaemia announced
Among these central sector schemes, the budget allocation for the National Health Mission has been increased from Rs 28,974.29 crore in 2022-23 to Rs 29,085.26 crore in 2023-24, and for Pradhan Mantri Jan Arogya Yojna (PM-JAY), it has been hiked from Rs 6,412 crore to...