M Rajeshwar Rao,deputy governor, Reserve Bank of India "Climate...
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Canara HSBC Life Insurance files for an IPO, PNB to exit JV
Canara HSBC Life Insurance Company is a joint venture promoted by...
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...
Number of frauds rose in FY23, amount involved halved: RBI data
Frauds occurred predominantly in the category of digital payments (card/internet), in terms of number, said Reserve Bank's Annual Report 2022-23 The number of frauds in the banking sector went up to 13,530 in 2022-23 year-on-year, but the amount involved nearly halved...
ICICI Bank to raise holding in ICICI Lombard General by 4% to 52 pc by next year
At the current trading market price, the bank will have to shell out about Rs 2,352.5 crore to acquire a 4 per cent shareholding Mumbai: ICICI Bank has said its Board has approved a plan to raise its stake in general insurance arm ICICI Lombard by 4 per cent in the...
Centre told to inform outcome of consultations of draft rules to regulate e-pharmacies
Petitioner association South Chemists and Distributors Association, which has challenged the ministry’s August 2018 notification, said the draft rules are being pushed through in serious violation of the law, ignoring the health hazards caused due to sale of medicines...
Data protection bill to drive deep behavioural changes for platforms exploiting data: Chandrasekhar
''Those who have done it (misused data), tracked consumers, used cookies they certainly will have to go though deep behavioural change… Those who are already doing it right, have nothing to fear. But those who have, in a sense, lived off this model of exploitation...
Rights of consumers to safe internet can never be compromised: Min Chandrasekhar on accountability of Big Tech
Rajeev Chandrasekhar,Minister of Information Technology ''…it is a commitment that we have to the people of India…1.2 billion Indians who are going to use the Indian internet, that we will keep the internet open for them. We will deliver safety and trust on the...
Indian insurance industry to have a UPI-like moment soon: IRDAI Chief
Debasish Panda,Chairman,IRDAI ''We are working with the councils of both life and general insurance to have a UPI-like moment for the insurance sector. A conceptual framework has been contemplated,'' he said, adding that this is being proposed through the Bima trinity...
Anti-tobacco warnings for OTT programmes soon, health ministry to amend rules
According to the proposed amendments to the Rules, the display of tobacco products or their use in online curated content will not be extended to the display of brands of cigarettes or other tobacco products. New Delhi: OTT platforms may soon be mandated to display...
UN says U.S. concerns have led to insurers quitting climate alliance
Reinsurer Swiss Re on Monday joined Munich Re, Zurich Insurance, and Hannover Re in exiting the Net Zero Insurance Alliance amid growing pressure in the U.S., where some Republican politicians say these alliances could be breaking antitrust rules The United Nations...
IRDA hosts 2-day international event on “Insurance and Retirement savings in Asia”
Some of the prominent speakers at the international conference include Debasish Panda, chiarman, IRDAI, Prof Yoshihiro Kawai, chair of the OECD Insurance and Private Pensions Committee, Pablo Antolin, head, insurance and Pensions Unit, Directorate for Financial and...
Irdai to hold open house for insurtech, fintech on 15th of every month
"It is expected that the solutions/ideas would help in increasing the insurance penetration in the country," the Insurance Regulatory and Development Authority of India (Irdai) said in a statement Hyderabad: Regulator Irdai will hold an open house for the insurtech...