In the first case, the accused entered into a criminal conspiracy...
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PMJJBY,PMSBY settle claims worth Rs25,160 cr since their launch in 2015
Nirmala Sitharaman,Finance Minister Citing data on the 11th...
Pradhan Mantri Suraksha Bima Yojana̤:Expanding financial safety net nationwide
New India Assurance(NIA) has established tie-ups with 316...
US not to lift naval blockade of Iran’s ports till Tehran agress to end its nuclear program:Trump
President Donald Trump The blockade lies at the heart of the impasse between the US and Iran, with the Islamic Republic insisting it won’t restart negotiations or reopen the strait as long as the naval restrictions stay in place. President Donald Trump told Axios he...
DFS Secretary Nagaraju reviews functioning of PSU general insurers
M Nagaraju,secretary,DFS Nagaraju emphasized that PSICs should focus on increasing investment opportunities and devise strategies to reduce loss ratios, while maintaining market share and consistently strengthening their retail portfolios and presence across rural and...
Indian Health Survey: Significant increase in healthcare access across country
The median out-of-pocket medical expenditure per hospitalisation case in 2025 was ₹11,285, indicating that over half of the country's hospitalisations involve relatively low expenditure. The report stated that only a small number of high-cost cases push up the...
Transactional risk insurance gains traction in India
Aditya Samag, Private Equity and M&A Leader, Marsh India, mentioned a clear shift in India to larger, more complex transactions, particularly in high-growth sectors such as technology, healthcare, and infrastructure.In this environment, transactional risk...
Temasek, LIC, Canadian pension fund in line-up to sell stakes in India’s NSE IPO
Major state-owned insurers with significant stakes in the NSE as of March 2025 include Life Insurance Corporation of India (LIC) with 10.72%, and public sector general insurers like GIC, New India Assurance, National Insurance, and Oriental Insurance, each holding...
J&K blacklists Reliance General Insurance for 2 yrs for lapses in implementing its employees’ health schemes
It is not clear how the order of the J&K Government will be implemented as the Reliance General Insurance, which at that time was owned by Anil Ambani's Reliance Group, has now changed hands and changed its name also. It is now owned Hinduja Group and new name of...
Shipping traffic through Strait of Hormuz remains muted as US-Iran talks stall
Shipping traffic passing through the crucial waterway at the entrance to the Gulf during an uneasy ceasefire between Washington and Tehran represents a fraction of the average 140 daily passages before the Iran war began on February 28. At least seven ships – mainly...
Viksit Bharat not just about GDP but inclusive aspirations and shared prosperity: Sitharaman
Nirmala Sitharaman,Union Finance Minister Highlighting inclusivity, she said it is also about the Mogaveera fisherman on the Udupi coast having access to cold storage, digital markets and insurance, and about tribal youth in the forests of Dandakaranya having a seat...
SBI General appoints Shrish Mahuli as CBO
SBI General Insurance has appointed Shrish Ramchandra Mahuli as its chief business officer. With 24 years of experience across the insurance and automotive sectors,Mahuli will be responsible for driving the company’s overall business strategy, expanding distribution...
Moody’s upgrades Peak Re’s rating to A3 with Stable Outlook
We are now even better positioned to act as a strategic partner, deploying our robust capacity to co-create tailored risk solutions and support our clients’ growth ambitions across the globe,” Victor Kuk, Peak Re's new CEO Hong Kong:Peak Reinsurance Company(Peak Re),...