P. Jaipuria, secretary general, Insurance Institute of India, S.N....
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S&P revises its outlook on GIC Re South Africa to positive from stable
The affirmation of the ratings on GIC Re SA reflects S&P's...
Insurers have to ensure premiums are reasonable and affordable: DFS secretary
M Nagaraju, Secretary, Financial Services Banks need to ensure that...
Dec 2023 quarter: Maha had max fake firms, Delhi top GST dodger
Of the 4,153 fake firms, Maharashtra topped the list with 926, followed by Rajasthan (507), Delhi (483), Uttar Pradesh (443), Haryana (424), Karnataka (223), Tamil Nadu (185), Gujarat (178), Odisha (138), West Bengal (126), and Telangana (117) Mumbai: In a dubious...
United, Alaska find loose parts on 737 MAX planes, raising pressure on Boeing
The Federal Aviation Administration said planes would remain grounded "until operators complete enhanced inspections which include both left and right cabin door exit plugs, door components, and fasteners." WASHINGTON/CHICAGO: Boeing's latest 737 MAX crisis deepened...
LIC to pick up 10% stake in NHB-promoted company
In a regulatory filing, LIC said the board has cleared the proposal to invest in a new company, promoted by the NHB, for residential mortgage-backed securities, through equity contribution up to 10 per cent of the share capital Mumbai: Life Insurance Corporation of...
India’s exports may take a $30 billion hit on Red Sea disturbances
Higher global freight and insurance rates, possible upside risk to oil and global trade and re-emergence of potential supply chain would mean cost push inflation pressures New Delhi: India may see around $30 billion shaved off its total exports in the current fiscal...
MFs’ AUM at Rs 50 lakh cr, add Rs 10 lakh cr in 2023
The industry saw net inflows of Rs 2.7 trillion in 2023 as compared to an inflow of over Rs 71,000 crore in the preceding year. The huge inflow could be on the back of sustained investor interest in equity funds, arbitrage funds, and index funds & ETFs Mumbai: The...
Maximum flight time in night restricted to 8 hours,says DGCA in amended flight duty regulations
According to DGCA, the revised regulations mandate increased weekly rest periods from 36 hours to 48 hours for flight crew, thus ensuring sufficient time for recovery from cumulative fatigue New Delhi: The Directorate General of Civil Aviation (DGCA) has made...
DGCA says checks of Boeing 737-8 Max planes completed satisfactorily
"These checks have been satisfactorily performed on the fleet of operational fleet of Boeing B737-8 Max aircraft by Air India Express (4), Spicejet (8) and Akasa (20)," DGCA said in a statement New Delhi: Aviation regulator DGCA on Monday said the checks of Boeing...
ECB cyber stress test not to affect capital requirements
The exercise will assess how banks respond to and recover from a cyberattack, rather than their ability to prevent it. As part of the exercise, 28 banks will undergo an “enhanced” assessment, under which they will have to submit additional information on how they...
New York could be first state to offer prenatal paid leave to mothers
The proposal was part of a six-point plan to improve maternal and neonatal health at a time when U.S. maternal mortality rates are growing with each generation and the country has fallen way behind other developed nations New York: New York Governor Kathy Hochul on...
India orders new drug-making standards after overseas deaths
"The manufacturer must assume responsibility for the quality of the pharmaceutical products to ensure that they are fit for their intended use, comply with the requirements of the licence and do not place patients at risk due to inadequate safety, quality or...