Nirmala Sitharaman, Union Finance Minister The FSDC discussed...
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Regulation
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Future of Insurance Distribution: Brokers must be valued beyond commissions
As the IRDAI reshapes insurance distribution, reforms must...
Regulatory Reset: Deciding the economic value of insurance distribution
IRDAI’s consultation paper ``Recalibrating Economics of Insurance...
Over 54% of urban households say economic conditions worsened, finds RBI survey
"The consumer sentiments are optimistic on income and spending amid some concerns regarding economic situation, employment and prices going forward," New Delhi: More than 54 per cent of urban households feel that economic conditions have worsened over the past year,...
Proposed insurance commission caps may hit NBFC earnings from FY28: Report
Nuvama's analysis showed that insurance distribution income accounted for as much as 25.6 per cent of profit before tax for some lenders in FY26, indicating significant earnings exposure to the proposed restrictions. New Delhi: Proposed restrictions on insurance...
Distribution reforms to generate employment, make new players’ entry easier: IRDAI Member
Girija Subramanian,member, Distribution, IRDAI The effective dates under consideration for implementing the new reforms are Jan. 1 and April 1, said Girija Subramanian,member, Distribution, the Insurance Regulatory and Development Authority of India(IRDAI)....
FSSAI issues notices to Dr Reddy’s, Nestle Health Science, Amazon, Flipkart for misleading claims
The regulator further said that the claims printed on the pack regarding muscle strength, immunity support and energy metabolism were found to be presented in a way that could mislead consumers about the health benefit of the product. Mumbai: Food regulator Food...
Govt caps trade margins at 30 pc of MRP for anti-cancer drugs
The move addresses excessive trade mark-ups and aims to improve affordability while ensuring continued availability of these life-saving medicines.The measure is expected to reduce medicine prices by up to 70% and help cancer patients save ₹2,500 crore annually,...
NMC bars AI-generated patient testimonials, clinical outcomes in medical advertising
The guidelines prohibit registered medical practitioners and hospitals from using AI-generated content for advertising their services, soliciting patients or disseminating unverifiable information relating to diagnoses, treatments and outcomes. New Delhi:The National...
PM calls for global framework on cyberfraud, deepfakes; asks govts, telcos, financial cos to team up
Narendra Modi,Prime Minister Modi flagged the growing challenge posed by deepfakes and said countries need to work together on a global framework to address such emerging threats. NEW DELHI: Prime Minister Narendra Modi on Thursday called for a global framework to...
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...