Banking remains one of the most guarded sectors of the Indian...
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3 PSU general insurers need Rs 152-170 billion to achieve a solvency ratio of 1.50x in FY 2026, says ICRA
“Gross domestic premium income(GDPI) growth is expected to improve...
India poised to remain fastest growing major economy in FY26: RBI
The RBI flagged global financial market volatility, geopolitical...
Govt searches Aviva Life insurance office for alleged tax evasion-sources
The Aviva searches are part of a broader investigation involving many insurers who face allegations of at least $610 million in unpaid dues, a senior Indian government official, said. New Delhi: India's tax inspectors searched the office of British insurance giant...
SC refuses to entertain plea to frame guidelines for regulation of trading of cryptocurrencies
Insofar as the main reliefs are concerned, they are more in a nature of a legislative direction which the court cannot issue under Article 32 of the Constitution," the bench said in its order passed on Friday New Delhi:, The Supreme Court has refused to entertain a...
China authorities ask Ping An to take controlling stake in Country Garden, sources
China's State Council, which is headed by Premier Li Qiang, has instructed the local government of Guangdong province, where both companies are based, to help arrange a rescue of Country Garden by Ping An, said two of the sources who have direct knowledge of the...
Spam crackdown: TRAI asks Principal Entities to take urgent steps to be onboard digital consent acquisition system
Banks, other financial institutions, insurance companies, trading companies, business entities, real estate companies, send commercial messages to telecom subscribers through SMS or voice calls.TRAI on Tuesday asked these entities to take 'urgent' steps to be onboard...
Govt asks social media firms to identify, remove misinformation, deepfakes within 36 hours
"They are further mandated to remove such content within 36 hours upon receiving a report from either a user or government authority. Failure to comply with this requirement invokes Rule 7, which empowers aggrieved individuals to take platforms to court under the...
AI tools trigger surge of fake sexual images of women and teens: Report
US President Joe Biden’s AI executive order recommends, but does not require, companies to label AI-generated photos, videos and audio to indicate computer-generated work San Francisco: Amid the controversy surrounding a reported morphed video of actor Rashmika...
South Korea bans short selling in stocks citing economic uncertainties
"Despite a series of measures introduced in the past, recently, the authorities have discovered a number of illegal naked short selling practices conducted by foreign and institutional investors, raising concerns about the fair pricing function of domestic stock...
Govt blocks Mahadev app, 21 other illegal betting platforms on ED request
"Ministry of Electronics and Information Technology (MeitY) has issued blocking orders against 22 illegal betting apps & websites, including Mahadev Book and Reddyannaprestopro," the statement said. New Delhi: The Centre has issued blocking orders against 22...
AI should be guided by principles of safety, trust for users : MoS IT
''We have maintained that AI should be guided by principles of safety & trust for users, and accountability for platforms,'' Minister of State for Electronics and IT Rajeev Chandrasekhar said at the summit. New Delhi: Minister of State for Electronics and IT...
Australian companies, directors face new liability for nature-based risks
Directors could be held personally liable for breaching their “duty of care and diligence” under the Australian Corporations Act by not identifying and disclosing nature-based risks. The most egregious violations of director duties can carry large fines or lead to...