The ECB is moving faster than other central banks in treating the...
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AI plane crash: Insurers in a fix as both policyholders and nominees among dead
There are instances of an entire family perishing or one of the...
Govt forms high-level committee to investigate Air India AI-171 crash
It will also review the current safety rules and suggest new ways...
Irdai to collect larger socio-economy data to push insurance penetration: Member
B C Patnaik, Member (Life) The rising customer expectations requires the insurers to work towards shorter processing time, doorstep delivery, niche and customized products to ensure more and more customer engagement,Tablesh Pandey, managing director, Life Insurance...
Irdai chief stresses spreading of natural calamity covers in high-risk regions
Debasish Panda, Chairman,Irdai, is addressing an international seminar on ``Enhancing Insurance Inclusivity & Bridging the Protection Gap in India’ organised by National Insurance Academy in Mumbai Releasing the report, Irdai Chairman Debasish Panda said spreading...
Most life insurance companies buck rallying market trend on new norms on surrender value of policies
According to a draft released Wednesday, the Insurance Regulatory and Development Authority has proposed a much higher surrender value on non-par insurance products and made a few changes in the way surrender charges have been calculated. Now, there will be a premium...
Tesla recalls over 2 million vehicles in US fitted with its Autopilot
Tesla said in a recall filing that Autopilot’s software system controls “may not be sufficient to prevent driver misuse” and could increase the risk of a crash. Tesla is recalling just over 2 million vehicles in the United States fitted with its Autopilot advanced...
GenAI: Breakthrough Technology for Innovative Marketing
Gagandeep Gadri, Managing Director of frog, part of Capgemini Invent, said, “The future of marketing will undeniably be influenced by the widespread adoption of generative AI to deliver personalized content and communication; it’s value realization will need a fusion...
EU clinches deal on landmark AI Act
Despite the criticism, this is good news for businesses and society. For businesses, it starts providing companies with a solid framework for the assessment and mitigation of risks, that -- if unchecked -- could hurt customers and curtail businesses' ability to...
Sebi is looking to create a new asset class, says Madhabi Puri Buch
"We feel there is room for an additional asset class somewhere between mutual funds and PMS… Sebi is looking into a whole new asset class," Sebi chief Madhabi Puri Buch told reporters here at the sidelines of a CII event New Delhi: Capital markets regulator Sebi is...
UPI payment limit to hospitals, educational institutes raised to Rs 5 lakh: RBI
"Under the e-mandate framework, an additional factor of authentication (AFA) is required for recurring transactions exceeding Rs 15,000 currently. It is now proposed to enhance this limit to Rs 1 lakh per transaction for recurring payments of mutual fund...
RBI holds rates, raises GDP growth forecast to 7 pc, no plan to loosen interest rates
"The Indian economy presents a picture of resilience and momentum. Growth remains resilient and robust, surprising everyone. There is no plan to loosen interest rates as inflation continues to be the top priority for the central bank," ," Reserve Bank of India (RBI)...
Digital India Act unlikely to be in place before next general election: MoS IT Rajeev Chandrasekhar
Rajeev Chandrasekhar, Minister of State for Electronics and IT The proposed Digital India Act (DIA) has a lot of focus on the online segment. It will focus on making the internet open with rules to check on the dominance of certain players, focus on online safety and...