R Doraiswamy, CEO& MD, Life Insurandce Corporation The Bill...
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Insurance Amendment Bill,2025:Balancing innovation,capital inflows and policyholder protection
Nirmala Sitharaman,Finance minister Taken together,the Bill, that...
Along with insurers,100% FDI to be allowed for Pension Fund players
The measure for Indian insurers is an “enabler” that will help draw...
Sebi launches digital knowledge repository ‘Dharohar’ on Republic Day
It is designed to cater to a wide audience, including students, investors, researchers, journalists, market participants and the general public offering insights into the market's diverse products, participants, and institutions Mumbai: Capital markets regulator Sebi...
Transport ministry proposes more sops for scrapping vehicles with BS-II
The Ministry of Road Transport and Highways (MoRTH) in a draft notification issued on January 24 said up to 50 per cent discount would be applicable for all vehicles, both commercial and personal, that are BS-I compliant or were manufactured before the BS norms were...
Govt drafts rules for mandatory adoption of Indian Standard Time nationwide
IST shall be the mandatory time reference across all sectors, including commerce, transport, public administration, legal contracts, and financial operations,” as per the draft rule. Key provisions include, prohibition of time references other than IST for official...
Budget 2025-Insurers expect tax benefits, concessions for healthcare
Sameer Bansal, MD & CEO, PNB MetLife, said that while India is a fast-growing economy fuelled by its rising middle-class population of 25-45-year-olds, the proportion of people above the age of 60 is equally increasing at a rapid pace New Delhi: Insurers are...
IRDAI imposes Rs1cr penalty on Royal Sundaram General for violating Outsourcing norms
In an order passed by two members of the IRDAI- Rajay Kumar Sinha,(F&I) and Deepak Sood,(Non-Life), the insurance regulator has said that the payments made by RSGI during 2018-19 and 2019-20 to vendors in excess of Rs1 crore were not reported in the outsourcing...
Despite Trump order, abandoning DEI could land companies in legal trouble
“When companies are sued by women or people of color and they're held liable for discrimination … the Trump administration can't save them and nothing in this executive order can save them," said Jason Solomon, director of the National Institute for Workers' Rights, a...
China guides mutual funds, insurers to invest more in stocks
China will commence the second stage of a trial program for insurers’ long-term equity investments in the first half of this year, with an amount of at least 100 billion yuan ($13.7 billion), Wu also said at the briefing. China is guiding local mutual funds and...
NHRC faults probe of Foxconn hiring, orders new inquiry
"The commission has no hesitation in stating that the authorities concerned have failed to identify and understand the core issue" said NHRC NEW DELHI: India's powerful human rights watchdog has admonished labor officials for failure to adequately investigate evidence...
CCPA issues notice to Apple over iPhone performance issues
The notice seeks Apple's explanation regarding reported technical issues with the software update. The complaints have been received on the National Consumer Helpline regarding the performance issues of iPhones New Delhi: Consumer Affairs Minister Pralhad Joshi said...
South Korea to change airport design after deadly Jeju air crash
Runway end safety areas at nine airports will be lengthened to 240 meters (787 feet), or the structure holding the so-called localizer — an instrument used to guide landing plane — will be changed to an easily breakable material, Korea’s transport ministry said in a...