Tamboli Ayyaj Fakirbhai, IAS, executive director, IRDAI Fakirbhai’s...
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Set up panel to examine ‘unethical’ pharma marketing practices: SC to Govt
The bench said the committee would make its recommendations to the...
Consultation paper on AI regulations in a month; safety, deepfakes key focus areas: Vaishnaw
Ashwini Vaishnaw, Union IT Minister The minister made it clear that...
RBI backs IRDAI on distribution reforms
“It is primarily, I think, to consumer interest, to reduce costs and also at the same time to prevent mis-selling,” said RBI Governor Sanjay Malhotra . Mumbai: RBI Governor Sanjay Malhotra has insurance regulator IRDAI's proposed distribution reforms, saying the...
Leadership changes loom at Bajaj General, IndusInd General
Sharad Mathur has already joined IndusInd General Insurance to succeed Rakesh Jain, while Parag Ved, MD & CEO of Liberty General Insurance is currently one of the frontrunners to succeed Tapan Singhel at Bajaj General Insurance, who completes 15 years in March...
AI asset valuations pose global risk, but cyber threat biggest concern for central banks: RBI Governor
``I think for us as central bankers, the most significant of these is cyber risks.The growing use of information technology across financial systems and the increasing interconnection between financial institutions were adding a new dimension to cyber risks from...
RBI may hike interest rate further in December policy: Experts
The inflation prints are expected to harden moving forward, on account of a combination of factors such as the poor monsoon, rising commodity prices and an unfavourable base effect, setting the stage for another rate hike in December as of now, ICRA Chief Economist...
UK watchdog opens first Online Safety Act probe into Meta
Ofcom said its investigation would establish whether Meta carried out a “suitable and sufficient” assessment of the risks of illegal content on the feature and any risks posed to children before its launch. London:Britain’s communications regulator opened its first...
IRDAI reforms push insurance distributors to explore new revenue streams: Nomura
Among the covered life insurers, Axis Max Life may need the highest reduction in operating expenses at 9.1 per cent over five years, followed by HDFC Life at 3.7 per cent and ICICI Prudential Life at 2.3 per cent, after factoring in the estimated benefit from lower...
IRDAI to meet industry CEOs on Monday to delibarate new distribution reforms
“ “I have been meeting CEOs of the industry over the last few days to understand their views on the new consultation paper. We will meet all the CEOs on Monday to discuss the implementation of the distribution reforms and would like to get detailed industry feedback...
Regulatory frameworks need to keep pace with rapid geopolitical, technological and economic shifts:NITI Aayog member Gauba
Rajiv Gauba, Member, NITI Aayog Gauba underlined that while regulation is essential for safety, consumer protection, market integrity and systemic stability, excessive or poorly designed regulation can impede innovation, competition and investment. New Delhi: Rajiv...
ICICI Bank’s Sidharatha Mishra appointed as MD&CEO of ICICI Pru Life
Sidharatha Mishra, MD&CEO-designate, ICICI Pru Life The post of MD & CEO at ICICI Prudential Life Insurance has fallen vacant after Anup Bagchi quit the company to head HDFC Bank Mumbai: Private sector life insurer ICICI Prudential Life Insurance has appointed...
PFRDA aims for universal pension coverage for workforce by 2047, focusing on non-government sector
S Ramann, Chairperson ,PFRDA Bank of Baroda has formally entered the pension fund business.The development follows PFRDA’s approval in July 2026 of Bank of Baroda, Motilal Oswal AMC and Bajaj as sponsors of pension funds under the regulator’s revised guidelines. New...