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Climate multilateralism a matter of survival for us: Maldives Minister Muaviyath Mohmed
"For Maldives, multilateralism is not an abstract ideal, but a...
India’s economic growth slips to 7.8%, but still leads major nations, to cross USD 4 trn mark: CEA
``…we are improving our GDP growth outlook for FY27 from 6.8 to 7.2...
Seth urges insurers on timely and effective resolution of policyholders’ grievances
``When a citizen takes the trouble to write a grievance,they are not filling a form—they are sending a signal that they need the system to listen. How we respond to that signal shapes trust not only in insurance, but in institutions themselves. Choose the customer...
Shriram Finance to sell 20 pc stake to Japanese firm MUFG Bank for Rs 39 618 cr
This collaboration combines Shriram Finance's established domestic franchise and extensive distribution network with MUFG Bank's global expertise and financial strength. The fund infusion will significantly enhance SFL's capital adequacy, strengthen its balance sheet,...
Passage of Insurance Bill in Parliament to play catalytic role for sector growth: LIC Chief
The Bill provides a framework for greater operational agility and innovation, allowing insurers to design and distribute targeted products that cater to evolving insurance needs, including retirement security, longevity solutions, and health-linked protection,LIC CEO...
Insurance Amendment Bill, 2025: Reforms for Insurance Penetration in India
R Doraiswamy, CEO& MD, Life Insurandce Corporation The Bill also provides a framework for greater operational agility and innovation, enabling insurers to respond effectively to changing demographic, economic, and social realities. India’s insurance needs today...
US targets Iran oil network, names India-linked shipping firms
India-linked entities named include the Barbados-flagged vessel Flora Dolce, owned and managed by India-based Rukbat Marine Services Co, which has transported millions of barrels of Iranian fuel oil since April 2025.Another vessel, Ramya, operated and managed by...
Insurance Amendment Bill,2025:Balancing innovation,capital inflows and policyholder protection
Nirmala Sitharaman,Finance minister Taken together,the Bill, that now awaits Presidential assent and thereafter notification in the official gazette, promises a decisive shift in India’s insurance landscape. Several of the proposals in the Bill are measured and their...
Along with insurers,100% FDI to be allowed for Pension Fund players
The measure for Indian insurers is an “enabler” that will help draw interest from global investors in the pension fund sector over time, said Sivasubramanian Ramann, chairman of the Pension Fund Regulatory and Development Authority New Delhi: India’s move to lift...
Cyber crimes surge over 60 pc in last three years: Centre
Minister of State (MoS) for Home Affairs Bandi Sanjay Kumar said that more than Rs 7,130 crore has been saved since 2021 through timely reporting on the Citizen Financial Cyber Fraud Reporting and Management System, covering over 23.02 lakh complaints. Additionally,...
Insurance industry must adopt ‘1600’ calling series by Feb 15, 2026: TRAI
TRAI's direction requires IRDAI‑regulated firms to use 1600‑series numbers for service and transactional calls to enhance consumer trust, curb spam and prevent voice‑call fraud, an official statement said. New Delhi: The Telecom Regulatory Authority of India (TRAI)...
Insurance Amendment Bill, 2025: IRDAI further empowered to protect customers
The bill provides that the IRDAI may in the interest of the policyholders, specify by the regulations, the limits of any commission, remuneration or reward in any form payable to an insurance agent or an insurance intermediary, the manner of such payment, the manner...