The case adds to mounting scrutiny on Tata Steel’s European...
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PSB consolidation to gain momentum in 2026 as govt eyes big world-class banks
As far as the insurance sector is concerned, the year saw the...
No circular issued on relaxations related to filing of fin statements under cos law: Govt
"It has come to the notice of the Ministry of Corporate Affairs...
SC says digital access intrinsic to right to life, directs changes in KYC guidelines for disabled
A bench of Justices JB Pardiwala and R Mahadevan said the changes in digital KYC guidelines for people with disability, including blindness, and acid attack survivors are necessary as they are unable to complete the KYC process and avail facilities like opening bank...
U.S. insurers face higher loss costs and market risks from trade war: Fitch
Property casualty (PC) insurers face cost inflation in personal auto and homeowners’ lines from tariffs. Other watch items include increased severity of claims pressuring margins, and the effect of market volatility and potential losses on equity portfolios New...
Climate change may lead to increased probability of defaults: RBI DG Rao
M Rajeshwar Rao,deputy governor, Reserve Bank of India "Climate change would lead to additional operational costs for the borrowers with an increased possibility of loss of their assets, leading to increased probability of default by the borrowers," he said at Credit...
`Golden hour’ cashless treatment scheme for road accident victims to be implemented within a week, Govt to SC
Additional Solicitor General Vikramjit Banerjee appearing for for the Centre submitted that the GI Council was not cooperating. He informed the Court that the GI Council wanted to check the status of insurance policies of the victim before releasing funds and had...
SC notice to Centre on plea to ban sexually explicit content on OTT social media
The plea sought the Centre to stop access to social media and OTT platforms until they formulated a mechanism to bar access to pornographic content, especially to children in India New Delhi: The Supreme Court on Monday called it an "important concern" and sought...
Power outage hits large parts of Spain and Portugal
Officials said the possibility that it was caused by a cyber attack had not been ruled out MADRID/LISBON: Spain and Portugal were hit by a widespread power outage on Monday that paralysed public transport, caused large traffic jams and delayed flights.Utility...
Delhi launches free Rs 10 lakh health cover for senior citizens under Vay Vandana scheme
Delhi Chief Minister Rekha Gupta and Union Minister Hardeep Singh Puri launched Ayushman Vay Vandana scheme in New Delhi Under the Vay Vandana Yojana, each registered senior citizen will be provided with a unique health card.This card will securely store their...
Wage Revision: Meeting among GIPSA, DFS and unions of 6 PSU general insurance cos postponed to Apr 30
On Sunday afternoon, GIPSA had informed the unions that the meeting has been postponed due to an urgent engagement of DFS officials New Delhi: Disappointing 35,000 work force of the PSU general insurance industry, the much awaited meeting among all the stake holders...
Solid monetary frameworks helped emerging markets navigate recent crises: Gita Gopinath
Gita Gopinath,Chief Economist,IMF IMF chief economist Gita Gopinath stated that “if we have to take a lesson from it, the reason that they had that resilience was that they built up good, solid monetary policy frameworks, the inflation targeting regime, maintaining...
Cancer treatment top priority for govt, Rs 3k cr allocated for it: Nadda
Union Health Minister JP Nadda ``We have made the age of 30 mandatory for screening. Cancer treatment is a priority area for policy makers and we have allocated Rs 3000 crore for the purpose," he said. Nadda said more than 26 crore people have been screened for oral...