Lto R- Dinesh Pant, managing director(MD), LIC, R. Doraiswamy, MD...
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SC agrees to hear plea to implement disability-sensitive guidelines for welfare insurance schemes
A bench of Justices Vikram Nath and Sandeep Mehta agreed to hear...
LIC board approves 1:1 bonus issuance,Govt plans an OFS of corporation
In a regulatory filing, the bonus issue will be done by...
Govt’s proposal to preload national ID app Aadhaar on phones opposed by smartphone firms
MAIT also wrote to Indian IT ministry official Ravinder Kumar Meena on March 10, opposing the government's request for pre-installation of another app, Sachet, a disaster alert service. While the government maintains that the system is safe and secure, it has faced...
Govt announces Rs 500 crore RELIEF measures to support exporters amid West Asia conflict
Rajesh Agrawal,Commerce Secretary The scheme focuses on mitigating the sharp rise in logistics costs and insurance premiums for shipments heading to the Gulf and West Asia.The support is divided into three distinct components to address different segments of the...
New labour codes to drive wider adoption of fixed-term employment: Report
New labour codes to drive wider adoption of fixed-term employment: ReportNearly 75 per cent of companies expect a rise in structured fixed-term employment as companies respond to the implementation of new labour codes, signalling a shift towards greater workforce...
Cabinet Secretariat asks secys to submit notes on major proposed reforms
The government has undertaken a series of measures to boost the country's economic growth and promote ease of living for citizens.Ministries and departments have to submit those notes by March 17 to the secretariat New Delhi,:The Cabinet Secretariat has asked...
FinMin amends public float rules for IPO-bound cos
The Securities Contracts (Regulation) Amendment Rules, 2026, notified on March 13, states that companies with post-issue capital of more than Rs 1,600 crore and below Rs 5,000 crore will have to increase their public shareholding to at least 25 per cent within three...
Adityanath issues directives for assessing damage caused to crops due to rain in western UP
Yogi Adityanath,Chief Minister, Uttar Pradesh The chief minister reviewed the situation arising from rainfall in the western districts of the state and issued instructions to the administration to ensure timely relief to affected farmers. LUCKNOW:Chief Minister Yogi...
IDBI Bank strategic sale scrapped as financial bids below reserve price: Sources
Currently, the government and state-owned LIC together hold a 94.71 per cent stake in IDBI Bank. The government owns 45.48 per cent, and LIC holds 49.24 per cent in the lender. Of this, the government and LIC are looking to sell 60.72 per cent in IDBI Bank.The...
Comm min to help exporters at insurance front to deal with West Asia crisis: Official
Exporters are facing issues due to a joint attack launched by the US and Israel on Iran. It has led to a spike in ocean freight, air transport, and insurance premiums because of disruptions in the movement of oil and gas consignments. New Delhi: The commerce ministry...
Chubb to be lead partner on US’s $20 billion Maritime Reinsurance Plan
“Together, DFC and Chubb have identified several American insurance companies to provide reinsurance policies behind Chubb and alongside DFC to expand market capacity,” the agency added. US insurance giant Chubb will be the lead partner on the U.S. International...
Govt undertaking special drive to enable cooperative banks to become insurance distributors: Amit Shah
Amit Shah,Union Minister for Home and Cooperation Under the campaign, in alignment with the goal of Insurance for All by 2047 and to realise the vision of Sahakar se Samriddhi, a special drive has been undertaken by the Ministry of Cooperation to enable Cooperative...