Inclusion of candidates from the private sector is a departure from...
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Health insurance covers about 47% in rural and 44% in urban India:Govt Survey
The Indian government's survey findings have shown the estimated...
Govt may hike FDI limit in pension sector; Bill likely in Monsoon Session
Amendment to Pension Fund Regulatory and Development Authority...
Investors’ wealth slumps Rs 8.86 lakh cr amid geopolitical chaos, surging oil prices
"Investor sentiment remained fragile due to a lack of clarity surrounding geopolitical tensions between the US and Iran, which once again pushed crude oil prices above the USD 100 mark. In addition, persistent FII (Foreign Institutional Investors) outflows and sharp...
Iran woking on a draft bill to impose a fee on vessels seeking safe passage through Strait of Hormuz
According to the semi-official Fars, the plan would be finalised next week, and would legally recognize Iran’s oversight of Hormuz, a vital conduit which connects some of the world’s largest oil and gas producers in the Persian Gulf with the wider world. The Iranian...
Lagos State goes live with Parametric Flood Insurance policy, Protecting up to 4 million people
The parametric flood-risk product was designed by a team of Insurance Development Forum(IDF)member insurance organizations in partnership with the Lagos State Government, including AXA Climate, AXA Mansard in Nigeria, Swiss Re, flood modeler JBA Risk Management,...
‘Polluter pays’ principle must not be reduced to ‘pollute and pay’, SC told
On November 18 last year, a three-judge bench headed by the then Chief Justice of India (CJI) B R Gavai reversed by a majority of 2:1 its own verdict by an interim order and paved the way for retrospective environmental clearance to projects found violating...
NHRC notice to IRDAI over specially-abled children’s kin facing difficulty in getting life insurance
Taking cognisance of the complaint, the bench of the Commission headed by Priyank Kanoongo has issued a notice to Insurance Regulatory and Development Authority of India (IRDAI), directing it to take appropriate action in this matter and submit a response to the...
Govt advertises for New India’s CMD post, pvt sector candidates can apply
The post will fall vacant as Girija Subramanian, CMD, NIA, will be retiring on July 31.Both eligible PSU and private sector candidates can apply. Last date for applying is Apr 21 New Delhi:After filling up the post of CMD at GIC Re, the FSIB has invited applications...
West Asia Crisis:Govt now says yes to IFSCA’s plan to set up a P&I Club and Captives
The Department of Financial Services(DFS) last week has written to the IFSCA to go ahead with earlier plans to develop P&I Club and Captives in its jurisdiction after eruption the West Asian geopolitical crisis completely disrupting shipping and supply of oil and...
No proposal under consideration on merger of PSU banks: MoS Finance
The amalgamation of PSBs, as envisaged, has contributed to improving operational efficiency and financial soundness of banks through streamlining of operations and reduction in costs, thereby resulting in increasing consolidated business of banks, Minister of State...
Ayushman Bharat crosses 11.69 crore hospital admissions, 6.74 crore in private hospitals: Govt
Prataprao Jadhav,Minister of State for Health and Family Welfare “From 6,917 hospitals in 2018-19, the network has expanded to 36,229 hospitals as of February 28, 2026. This includes 19,483 public hospitals and 16,746 private hospitals, providing a wide healthcare...
Indian Non-Life Insurance Industry:On a growth trajectory
The Indian Non-Life insurance industry continues to show maturity and resilience over the last 10 years despite facing many operational challenges, since the removal of tariffs. The industry players are well poised to take advantage of the favorable business climate...