Ajay Seth, chairman, IRDAI ``Evolving expectations of customers and...
Category:
Regulation
Latest
Govt expands fuel dispenser verification to cover hydrogen, clean fuels amid energy transition
"The move is expected to enhance the availability of verification...
Sitharaman reviews growth of GIFT City as global financial hub
From Lto R-PK Mishra,Principal Secretary to the Prime...
Reliance General Insurance fined Rs 1 cr by IRDAI
The IRDA order clafrified that the submission of the insurer failed to adequately demonstrate and provide evidences regarding the authenticity and legitimacy of the payments made to the Glitterbug Technologies, an individual agent, Suvidhaa Infoserve and Aditya Birla...
Tata Steel’s Netherlands units sued by Dutch NGO seeking $1.6 bn for alleged health damage
The case adds to mounting scrutiny on Tata Steel’s European operations for their environmental impacts. Dutch regulators escalated pressure on the company in 2024, threatening fines of nearly €27 million and warning they would shutter a coke plant in the port city of...
PSB consolidation to gain momentum in 2026 as govt eyes big world-class banks
As far as the insurance sector is concerned, the year saw the passage of the landmark Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, from Parliament, paving the way for 100 per cent FDI in the sector. New Delhi: Consolidation in public sector banks...
Indian Insurance sector-2026: Leaders remain bullish on industry’s growth
``Looking ahead to 2026, climate risk in India is emerging as a significant financial and public health challenge. We are seeing growing demand for coverage beyond traditional health and motor insurance, including cyber risk, Fire Insurance and emerging business...
Delhi Police bust Tata AIG’s Rs 30 cr motor accident claim fraud, arrest a garage owner and insurer’s 2 employees
The case involves serious charges of insurance fraud, forgery, conspiracy, and money laundering under various legal provisions. Two Tata AIG employees have already been arrested, according to a statement issued by Amrutha Guguloth, additional police commissioner,...
FSSAI warns food businesses against labeling herbal infusions as ‘tea’
The regulator has directed all FBOs, including those engaged in e-commerce, manufacturing, packing, marketing, import or sale of such products, to comply with food safety regulations. New Delhi: The Food Safety and Standards Authority of India (FSSAI) has issued a...
Healthcare must move towards hyper-personalisation: NHA CEO
Sunil Kumar Barnwal, chief executive officer, National Health Authority, highlighted how initiatives such as NHM, ABDM, and Ayushman Bharat-PMJAY, which currently covers over 12 crore families, are leveraging data analytics, AI, and digital platforms to improve health...
Gujarat govt eases liquor consumption rules at GIFT City permit requirement scrapped
Now, liquor can be consumed in other areas too, such as lawn, pool side and terrace.As per the notification, any person coming for food is allowed to sit in the wine and dine area of a restaurant. Ahmedabad: Any person from outside Gujarat or India can now consume...
Over 1000 banks, third party apps, payment firm join DoT’s Digital Intelligence Platform
The Department of Telecom said that the players that have joined Digital Intelligence Platform (DIP) have started fraud risk indicators that have helped in preventing potential financial losses of approximately Rs 660 crore across the banking ecosystem New Delhi:Over...
Hong Kong plans new crypto,infrastructure rules for insurers
The insurance regulator would impose a 100% risk charge on cryptoassets, according to a presentation on Dec. 4 seen by Bloomberg News. Stablecoin investments would attract risk charges based on the fiat currency the Hong Kong-regulated stablecoin is pegged to, the...