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...
DoT introduces ‘Financial Fraud Risk Indicator’ to fight cyber fraud
This will enhance cyber protection and validation checks in case of mobile numbers flagged with this tool, when digital payment is proposed to be made to such numbers New Delhi: In a major step towards combating cyber fraud and financial crime, the Department of...
Sebi cautions investors on stock market scams through social media platforms
Sebi has observed that such entities use various strategies to gain investors' trust and confidence. Generally, these entities send unsolicited invitations in the form of links to join WhatsApp groups -- often under names like "VIP Group" or "Free Trading Courses"--...
Japan’s 3 major casualty insurers plan to sell $9.5 billion of cross-held shares
Eliminating cross shareholdings is seen by many as a yardstick for measuring corporate governance reform at Japanese companies. Japan’s industry body for non-life insurers told its members in September to cut their cross-shareholdings in the aftermath of a...
FM calls for right balance of regulations, freedom
Nirmala Sitharaman,Finance Minister Touching upon the emergence of new technologies, Sitharaman, who is also in charge of the Corporate Affairs Ministry, said artificial intelligence technologies raise novel questions about market power, transparency, data access,...
UIDAI shares non-personal Aadhaar dashboard data to boost transparency research
The datasets, released by Chief Data Officer (CDO) and Deputy Director General of UIDAI, include aggregated insights on Aadhaar enrolment, updates, and authentication patterns, categorised by geography, age-group and other relevant parameters, the release said,...
Ministry of Labour and Employment notifies sweeping amendments to the Employees’ Provident Fund rules
The new provisions directly affect over 6 crore salaried employees came into force today, aim to streamline compliance, improve transparency, and secure long-term financial stability for the nation’s workforce New Delhi: In one of the most far-reaching reforms to...
HDFC ERGO General elevates Parthanil Ghosh as its executive director
HDFC ERGO General Insurance has promoted Parthanil Ghosh as an executive director and chief business officer of the company, with effect from 1st May 2025, subject to approval by the Insurance Regulatory and Development Authority of India (IRDAI) and other requisite...
FSIB recommends 5 GMs from 2 PSU re/insurance cos for ED promotions
The five names are- Jayashri Balkrishna, GM, GIC Re for GIC-Re, Amandeep Singh Grover, GM, National Insurance Company(NIC) for Oriental Insurance Company(OIC), Anjana Saxena, GM, NIC for OIC, Sanjay Lalla, GM, NIC for Agriculture Insurance Company(AIC), Mini George,...
Passenger vehicle dispatches rise 4 pc, two-wheelers see 17 pc dip in April: SIAM
SIAM Director General Rajesh Menon stated that the auto industry smoothly transitioned to the new regulatory regime of second stage of On-Board Diagnostics (OBD) 2 regulation for two- and three-wheelers from April 2025 onwards, in addition to rolling out E-20...
US SEC chair says agency plans to create new rules for crypto tokens
Paul Atkins, the chair of the Securities and Exchange Commission In remarks made at the outset of a public meeting of the SEC’s crypto task force, Atkins also indicated that the SEC may consider tweaking its rules so that registered broker-dealers with an alternative...