R Doraiswamy,CEO and MD, LIC . Asked if LIC is prepared for further...
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Ind AS to boost transparency, governance and capital efficiency in insurance sector: Ajay Seth
Ajay Seth, chairman, IRDAI Seth encouraged insurers to actively...
RBI keeps repo rate unchanged at 5.25%,lowers GDP forecast to 6.6 %, raises inflation to 5.1% for FY27
Sanjay Malhotra, Governor,Reserve Bank of India "The central bank's...
Financial Stability Risks:Artificial Intelligence fuelling Cyberattacks
Anthropic’s Claude Mythos Preview highlights rapidly escalating AI-driven cyber risks, with the model able to identify and exploit vulnerabilities across major systems even in non-expert hands.This signals how quickly such threats could extend beyond technology and...
Iran sets Hormuz transit rules; Shipowners stay cautious
Iran’s Islamic Revolutionary Guard Corps said Wednesday that “safe, stable passage” through the waterway will be possible with “new protocols in place.” That came soon after a report that the US had proposed a peace deal, which Tehran is now considering. Iran has laid...
SEBI sets up ‘cyber-suraksha.ai’ task force amid rising AI-driven cyber risks
"The rapid evolution of emerging technologies including AI-driven vulnerability identification tools (E.g. Claude Mythos) has introduced new dimensions of risks for Regulated Entities," SEBI said in the circullar. New Delhi:Market regulator Securities and Exchange...
RBI and IRDAI not inclined to allow commodity derivatives, Sebi says
Tuhin Kanta Pandey,Chairman,SEBI In his statement on Monday, SEBI Chairman Tuhin Kanta Pandey added that India's pension fund regulator had also looked at allowing pension funds to invest in commodity derivatives, but did not disclose whether it had made a...
New building norms to ease infra constraints, improve access to healthcare: NATHEALTH
Welcoming the government's notification of the National Building Construction Standards (NBCS) 2026, NATHEALTH said it eases long-standing height restrictions for hospitals and permits Intensive Care Units (ICUs) beyond 45 metres, subject to enhanced fire safety...
New vehicle scrap norms may dent auto profits by Rs25K cr
"Once the environmental compensation (EC) cost is notified by CPCB (Central Pollution Control Board), automobile manufacturers may be required to make substantial cumulative financial provisions under the accounting standards (IND AS 37). Preliminary estimates...
Aditya Gupta joins as Secy General of LI Council
Aditya Gupta,secretary general, Life Insurance Council LI Council is a forum that connects the various stakeholders of the sector and function as an active forum to aid, advise and assist insurers in maintaining high standards of conduct and service to policyholders....
Acko eyes $300-$500 million IPO, valued at $2.5 billion
Founded in 2016, Acko has focused on digitising insurance purchase and has relied on partnerships with online platforms and mobility companies to scale. MUMBAI: India's Acko Insurance is targeting a valuation of between $2 billion and $2.5 billion in its planned...
Ajay Shah succeeds Anuj Gulati as MD&CEO of Care Health insurance
Ajay Kumar Shah, head of retail Business at Care Health Insurance, has been appointed as the MD &CEO of the company for a term of five years effective from April 26, 2026. Shah, with the approval from the IRDAI, succeeds Anuj Gulati, whose term has ended on April...
FM calls for exceptional vigilance on cybersecurity risks in financial system
Nirmala Sitharaman,Union Finance Minister "…not just Sebi but all regulated entities will have to remain exceptionally vigilant. The tools of attack are evolving at high speed, and the tools of defence must evolve even faster," Union Finance Minister Nirmala...