The bill provides that the IRDAI may in the interest of the...
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Govt officials hold road shows in London and Singapore for GIC Re disinvestment
The government is also actively planning to disinvest in Life...
New Nuclear Bill spares suppliers from accident liability
The new bill, named the Sustainable Harnessing of Advancement of...
“Acquisitions in India remain an option if a compelling opportunity arises aligning with our long-term vision”
Laurent Rousseau, CEO of Europe, IMEA and Global Capital Solutions, Guy Carpenter 33% of the overall Indiancapacity (premium) is still provided by cross boarder reinsurers(CBRs). CBRs play a critical role particularly in specialty lines (e.g. Terrorism,...
FIU-IND signs MoU with Irdai for enhanced coordination, information exchange
(L to R) Satyajit Tripathy, Member (distribution), Irdai and Vivek Aggarwal, Director, FIU-IND and signed an MoU in New Delhi for sharing of intelligence and information to check money laundering The MoU was signed as part of continued coordinated efforts in effective...
Biden to permanently ban new offshore oil and gas exploration in some US coastal waters
US President Joe Biden The move is certain to complicate President-elect Donald Trump’s ambitions to drive more domestic energy production. Unlike other executive actions that can be easily undone, Biden’s planned declaration is rooted in a 72-year-old law that gives...
Tighter anti-spam norms in a mth; TRAI pilot soon to onboard past user consents onto digital system
TRAI is in the process of operationalising system of separate 160 series for service or transactional calls by principal entities (say banks, insurance companies or other service providers) to differentiate them from promotional calls. Currently, both types of calls...
DPDP rules in monsoon session of Parliament, Digital entities to get 2-yrs to comply: Vaishnaw
"We have also kept graded punishments to protect the interests of micro, small and medium enterprises. It is to save businesses who may be running their business using a single computer. However, Big Techs have higher obligations under the rules. Minor breaches will...
Consent management, localisation, parental nod for kids on social media in focus: Experts on DPDP
"We foresee that businesses will face some complex challenges in managing consent as it forms the heart of the law. Maintaining consent artefacts and offering the option to withdraw consent for specific purposes could necessitate changes at the design and architecture...
Draft DPDP rules moot parental consent for processing children’s data
E-commerce, social media and gaming platforms will fall under the category of data fiduciaries. As per the rules, entities will be able to use and process personal data only if individuals have given their consent to consent managers – which will be entities entrusted...
General insurers remain bullish on industry’s growth in 2025
"Cyber insurance is expected to gain prominence alongside the adoption of parametric insurance for disaster management and surety bonds as alternatives to traditional bank guarantees in infrastructure projects," Bajaj Allianz General Insurance MD & CEO Tapan...
India cut GDP emission intensity by 36 pc during 2005-2020 Govt report
India continues to decouple economic growth from greenhouse gas emissions. Between 2005 and 2020, the emission intensity of India's GDP declined 36 per cent, India's fourth Biennial Update Report (BUR-4) submitted to the United Nations Framework Convention on Climate...
Commerce min plans to expand food testing infrastructure to boost exports Official
"Though we have taken a number of measures, we are doing a deeper analysis commodity and area-wise. We are trying to find out gaps in our food testing infrastructure. We hope that the study will be over in 2-3 months and after that we will come up with a full plan of...