The health ministry's initiative, launch in October last year, to...
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Civil aviation ministry’s 24×7 control room seeks to address passengers’ issues promptly
The complaints vary from flight cancellations to lost baggage to...
Foreign investors exit Indian stocks at record scale; withdraw Rs 1.6 lakh cr in 2025
This makes 2025 the worst year for equity flows, surpassing the...
Nippon Life Insurance may pick up minority stake IndusInd Bank
Nippon Life Insurance Co.’s India unit is considering buying a minority stake in IndusInd Bank Ltd., people familiar with the matter said, with the aim of using the lender’s network to expand sales of its insurance products Mumbai: Japanese major Nippon Life Insurance...
Govt wants insurance payouts to replace its compensation in managing natural disasters: DFS Secy
L to-R-Hitesh Kotak, Chief Executive, Japan, India, Korea, and South-East Asia at Munich Re,Krishna S Vatsa, Member, NDMA,Safi Ahsan Rizvi, Advisor (Mitigation), NDMA, M Nagaraju, Secretary, Department of Finance (DFS), Mandakini Balodhi, Director(Insurance),...
Draft Insurance Laws Amendment Bill in advanced stages, to be tabled in Parliament shortly: Minister Pankaj Chaudhary
Pankaj Chaudhary,Minister of State for Finance M Nagaraju, Scretary, DFS, mentioned that to ensure greater consistency, consumer protection, transparency, and grievance redressal, the department is proposing setting up a unified forum where regulators and authorities...
CCI rejects complaint against Microsoft over bundled antivirus
It was alleged that bundling of the anti-virus software was violating fair competition norms. Starting with Windows 10 Operating System (OS) edition, the anti-virus software Microsoft Defender is bundled with it. In a 17-page order dated March 3, the CCI said there...
Sebi income rises 48% to Rs 2,075 cr in FY24, driven by fees, subscriptions
This category of income included earnings from annual fees and subscriptions, listing fees contribution from stock exchanges, income generated from registration, renewal, application and offer documents filed by companies and market infrastructure institutions Mumbai:...
HC stays special court order directing FIR against ex-Sebi chief Buch, 5 others
The HC's judgement came on petitions filed by Buch, three current whole-time SEBI directors - Ashwani Bhatia, Ananth Narayan G and Kamlesh Chandra Varshney and two BSE officials - Managing Director and Chief Executive Officer Ramamurthy and its former chairman and...
SC asks Centre to regulate online content sans censorship
"We have suggested the solicitor general to deliberate upon and suggest such a regulatory mechanism which does not impinges upon the right of free speech and expression but at the same time is also effective enough to ensure the parameters of such fundamental right as...
Stock market ‘fraud’: Mumbai court directs ACB to file FIR against ex-SEBI chief Madhabi Puri Buch, 5 others
Madhabi Puri Buch,former chairperson, SEBI "There is prima facie evidence of regulatory lapses and collusion, requiring a fair and impartial probe," the special ACB court judge, Shashikant Eknathrao Bangar, said in the order passed on Saturday The court said it will...
New SEBI Chairperson Pandey’s four-point mantra — trust, transparency, teamwork and technology
"We work for trust, we work for transparency, we work for teamwork, and we work for technology. We will continue to create one of the best market institutions in the world," Pandey told journalists Mumbai: The new SEBI Chairperson, Tuhin Kata Pandey, has a four-point...
Status Quo: IRDAI retains general insurers’ Obligatory Cession for GIC Re at 4% in FY26
The percentage cession of the sum insured on each general insurance policy to be reinsured with the Indian Re-insurer (GIC Re), will be 4% (four percent) during the financial year beginning from 1st April, 2025 to 31st March, 2026, except the terrorism premium and...