Justice Neena Bansal Krishna made the observations while dealing...
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Ratings: Crisil affirms New India, downgrades National Insurance and United India
NIA's rating is driven by the company’s leadership position in the...
Lloyd’s broker UIB charged by UK over alleged Ecuador bribes
UIB sold reinsurance services to state-backed insurers covering...
Wage-Revision: PSU general insurance unions threaten “2-day complete strike” from July 27th, demand pay parity with LIC
``In case of any failure on the part of our managements to revert on priority basis, we shall have no choice but to observe 2-day complete strike in PSGICs and GIC Re on 27th & 28th July 2022 and any other IR action as warranted, in consonance with the sentiments...
Shriram Group’s non-banking financial entities to get amalgamated by Dec qtr: MD & CEO YS Chakravarti
YS Chakravarti, Managing Director and CEO, Shriram City Union Finance Shriram City Union Finance Ltd (SCUF) has received shareholders' approval for the merger and it is expected to get the nod from the Insurance Regulatory and Development Authority of India (Irdai)...
Punjab CM gives nod to state disaster mitigation fund
Bhagwant Mann,Chief Minister,Punjab The chief minister said a total sum of Rs 729.60 crore will be available in the SDMF from 2021 to 2026, which will be instrumental in further augmenting the preparedness of the state for any sort of natural disaster Chandigarh:...
Pay GST on hospital rooms above Rs 5,000 from Monday
The government has now notified that all such clinical establishments including hospitals, nursing homes, and sanatorium would be liable to pay tax on the gross room rentals which is more than Rs 5,000 per day Services rendered by regulators such as RBI, IRDA and SEBI...
Terrorism, cyber crime main challenges before Mumbai Police: Top cop Phansalkar
Mumbai Police Commissioner Vivek Phansalkar ''Tackling terrorism is a challenge before the Mumbai police and our efforts are continuously on to keep the city safe and terror-free. The safety of every citizen here is the Mumbai Police's primary duty,'' he said Mumbai:...
Technical problem forces IndiGo plane to land in Karachi
"IndiGo flight 6E-1406, operating from Sharjah to Hyderabad was diverted to Karachi. The pilot observed a technical defect. Necessary procedures were followed and as a precaution, the aircraft was diverted to Karachi," IndiGo said in a press release New Delhi: Another...
Labour codes’ implementation at appropriate time: Bhupender Yadav
Union Labour Minister Bhupender Yadav The new laws are in tune with the changing labour market trends and at the same time accommodate the minimum wage requirement and welfare needs of the unorganised sector workers, including the self-employed and migrant workers,...
Planting of summer crops ramps up in India as monsoon revives
Except North India, most parts of the country have received above-normal rainfall so far this month, and that has accelerated planting India has received 13% more rainfall than normal since the start of monsoon season on June 1, but some rice-growing states such as...
“Yet to decide on mandatory disclosure of commissions on the policy documents” says IRDAI
``It has come to the notice of the Authority that concerns are being expressed in some quarters regarding mandatory disclosure of commissions on the policy documents. The concerns emanate from certain recommendations made by Working Groups constituted by the Insurance...
IndiGo: Vadodara-bound flight diverted to Jaipur after vibrations in engine
The spokesperson added, "There was a caution message indicated to the pilot en route. As a precaution, the pilot diverted the aircraft to Jaipur for further checks. The passengers were accommodated on an alternate aircraft for their onward journey." An IndiGo flight...