The court rejected this argument of the state government, stating...
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Dip-stick Survey:DFS Secy takes up unsatisfied closed complaints with banks and insurers
M Nagaraju, secretary, Department of Financial Services Till date...
Govt cheers OIC crossing Rs 20k gross premiumin in Fy 26, reiterates its continued support for PSU insurers
OIC poised to introduce forward-looking solutions like Sarvatra...
Govt deliberates on roadmap for Financial Inclusion 2.0
M. Nagaraju, Secretary, Department of Financial Services Nagaraju emphasized the need for further strengthening measures for achieving goal of presence of at least one bank branch in each subdivision in the North Eastern region, enhancing insurance and pension...
DPIIT notifies 100% FDI in the insurance sector
The Department for Promotion of Industry and Internal Trade (DPIIT) under the Commerce and Industry Ministry has notified 100% foreign direct investment (FDI) in the insurance sector following the enactment of legislation in this regard.The Government of India has...
Govt notifies wage revision for PSU general insurance industry
The overall hike in wage bill will be 12.41 per cent with an increase of 14 per cent on existing basic pay and dearness alowance.A total of 43,247 PSGIC employees will benefit from this revision.The total outgo for the six companies will be to the tune of Rs 8170.30...
AI has led to industrialisation of cybercrime, says Indian Cybercrime Coordination Centre CEO
``The biggest change that has come is that now cybercrime is being committed on an industrial scale. The technology has enabled industrialisation of cybercrime. With industrialisation, I mean the organised criminal gangs, mostly operating from Southeast Asia, Africa,...
Govt tightens grip on social media with new three-hour takedown rule
"An intermediary shall periodically inform its users, at least once every three months, in a simple and effective manner through its rules and regulations, privacy policy, user agreement, or any other appropriate means," about the consequences of violating rules...
No insurers have revised premiums upward after GST relief announcement:Govt
The IRDAI collected prevailing premium rates as of September 3, 2025, and has been regularly monitoring premiums for new policies as well as renewals to ensure that insured individuals receive the intended benefit, Union Finance Ministry, Minister of State (MoS)...
India needs $22.7 trillion investment to achieve net zero target by 2070: Niti study
Of the total, approximately USD 8 trillion must be front-loaded by 2050, including nearly USD 5 trillion in the power sector, given the capital-intensive nature of most low-carbon technologies. New Delhi: India will need investments totalling USD 22.7 trillion to...
Aviation regulator DGCA issued 352 show cause notices to airlines for violations in last 2 years
A total of 352 show cause notices were issued and out of them, penalties were imposed on the airlines concerned with respect to 139 notices, according to the data furnished as part of a written reply by Minister of State for Civil Aviation Murlidhar Mohol. New Delhi:...
Govt to constitute high-level panel on banking soon: FM
Nirmala Sitharaman,Finance Minister "I propose setting up a 'High Level Committee on Banking for Viksit Bharat' to comprehensively review the sector and align it with India's next phase of growth, while safeguarding financial stability, inclusion and consumer...
EU needs regulations to manage growing security risks posed by Chinese intelligent vehicles
Intelligent cars, typically electric or hybrid vehicles, allow for expansive data to be collected including geospatial and personal data, Warsaw-based Center for Eastern Studies said. That leaves European countries vulnerable to cyberattack and exposed to the risk...