According to the IRDAI, the broker does not have any right over the...
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100 pc FDI to help Indian insurance sector reach $222 billion by 2026
“However, it is crucial to understand the complexities of...
Govt eases norms for import of vintage cars
However, it said such cars that would be plying on public roads...
New EU rules regulating U.S. tech giants likely to set global standard
Europe's antitrust chief Margrethe Vestager won backing on Thursday from European Union members and EU lawmakers for her proposal, the Digital Markets Act (DMA), to rein in the powers of the tech giants via legislation for the first time, rather than lengthy antitrust...
Prominent insurance brokers probed by for Bribery and Corruption by UK Serious Fraud Office
The investigation is linked to a U.S. Department of Justice probe into corruption at Ecuador’s state-run insurance fund, Seguros Sucre The insurance firm, which is in the process of being liquidated, is emblematic of a culture of graft that has kept former President...
FAA warns Boeing may not win certification for 737 MAX 10 by year-end
Boeing said Thursday it continues "to work transparently with the FAA to provide the information they need and remain committed to meeting their expectations, including regarding 777-9 and 737-10 certification" WASHINGTON: The U.S. Federal Aviation Administration...
MHA ends COVID-19 containment measures from Mar 31; wearing of face mask to continue
In a communication to the chief secretaries of all states, Union Home Secretary Ajay Bhalla said that over the last 24 months, significant capacities have been developed for various aspects of management of the pandemic, such as diagnostics, surveillance, contact...
Higher Motor 3rd Party motor premium to be implemented after mid-May
``Notice is hereby given that the said draft rules shall be taken into consideration after the expiry of a period of 30 days from the date on which the copies of this notification as published in the Gazette of India, are made available to the public,'' said the...
U.S. SEC proposes companies disclose range of climate risks, emissions data
It would also require companies to disclose greenhouse gases generated by suppliers and partners, known as Scope 3 emissions, if they are material or included in any emissions targets the company has set SEC chair Gary Gensler said the agency was responding to...
Parliamentary panel for framing price control regime for COVID medicines, medical devices
''The Committee recommend that all medical devices critical to COVID-19 treatment like ventilators, oxygen concentrators etc. should be covered under the National List of Essential Medicines for effective price control,'' the report said New Delhi: Parliamentary panel...
RBI Guv allays stagflation fears, says Ukraine war to have minimal impact on India
Shatikanta Das,Governor,Reserve Bank of India Firmly ruling out the prospects of the economy falling into stagflation -- a situation of prices shooting over the roof and growth plunging -- Reserve Bank Governor Shatikanta Das on Monday instead said prices are set to...
Unfolding global developments poses risks to Indian economy, says RBI
Even though India is making steady progress on the domestic front, the spiralling oil and gas prices and unsettled financial market conditions also pose fresh headwinds to the still incomplete global recovery, it observed The RBI also said that a rapid and large...
Generali gets CCI’s nod for increasing stake in Future Generali to 74 pc
Italy’s biggest insurer agreed in January to buy a 25% stake in Future Generali India Insurance from its joint venture partner, debt-laden Future Group, for 145 million euros ($159.37 million), giving the Italian group 74% ownership of the venture New Delhi: The...