The wealth of information collected through census makes it the...
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FSIB invites application from pvt sector too for selection of public sector banks’ EDs
Inclusion of candidates from the private sector is a departure from...
Health insurance covers about 47% in rural and 44% in urban India:Govt Survey
The Indian government's survey findings have shown the estimated...
SC seeks Centre’s reply on plea to ensure adequate life support facilities in ambulances
Besides other prayers, the plea has sought directions to the authorities to establish or continue with a telephone or online helpline facility for the public to report complaints pertaining to inadequate or improper facilities in ambulances or overcharging,...
US targets Iran’s energy trade, 8 Indian nationals several firms sanctioned
``The State Department imposed sanctions on approximately 40 entities, individuals and vessels to "deny the Iranian regime funds it uses to conduct its malign activity," the department said in a press release on Thursday Washington: Eight Indian nationals and several...
Govt throws open CMD posts of PSU general re/insurance cos and one position of LIC MD for pvt sector professionals
The new norms now will allow eligible private sector professionals to apply for the CMD post of GIC Re, which has fallen vacant after N Ramaswamy retired on Sep 30 External Candidates applying for posts of CMDs of PSU general insurance companies should have minimum 21...
Sitharaman asks fintechs to strengthen risk management to check AI misuse
"Even as AI opens extraordinary possibilities, we must confront its darker side. The same tools that power innovation can be weaponised for deception and for fraud. I'm not personalising it, but I can say, I have seen several deepfake videos of myself being circulated...
NITI Aayog unveils roadmap on AI to empower 490 million informal workers
NITI Aayog's Mission Digital ShramSetu will harness AI, blockchain, immersive learning, and other frontier technologies to dismantle structural constraints — ranging from financial insecurity and limited market access to lack of skilling and social protection — and...
IBAI meets Sitharman, submits proposals for insurance inclusion
Lto R- Narendra Kumar Bharindwal, president, IBAI,Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs, Rashmi Iyer, director, IBAI Nirmala Sitharaman, Union Minister, Finance & Corporate Affairs Embed suitable insurance covers with Mudra Loans,...
India to introduce RBI-backed digital currency: Piyush Goyal
"We have not been encouraging cryptocurrency, which does not have sovereign backing or which is not backed by assets, say it on the federal bank or local currency. India has also announced that we will be coming out with a digital currency, which will be backed by a...
Govt considers introducing nationwide climate-linked insurance scheme
The National Disaster Management Authority, the finance ministry and GIC Re and other top reinsurers and insurers are exploring coverage options and funding mechanisms, the official added. MUMBAI: India's government has begun early-stage talks with local insurers...
Sitharaman urges citizens to raise awareness about Rs1.84 trillion unclaimed assets in financial sector
Nirmala Sitharaman,Union Finance Minister M. Nagaraju, Secretary, Department of Financial Services (DFS) added that unclaimed insurance proceeds stand at over Rs 13,800 crore, unclaimed balances in mutual funds amount to about Rs 3,000 crore, and unpaid dividends...
Health industry bodies welcome CGHS’ move to revise rates after 15 years
The last package was fixed in 2014, with only a minor update in 2024. This left hospitals and patients struggling for more than a decade with a gap between actual treatment costs and prescribed package rates. New Delhi: Health industry bodies have welcomed the central...