As far as the insurance sector is concerned, the year saw the...
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Indian Insurance sector-2026: Leaders remain bullish on industry’s growth
``Looking ahead to 2026, climate risk in India is emerging as a...
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,...
RBI approves Burmans’ additional 26% stake in Raligare
This move will increase the holding of Burman family in Religare Enterprises Ltd (REL) and will surpass 56 per cent, enabling them to become majority owners in the financial services firm New Delhi: Shares of Religare Enterprises climbed nearly 4 per cent on Tuesday...
Aligning Indian auditing with global standards to boost investor confidence, attract more funds: NFRA chief
"If we are going global, a lot of funds have to come and being aligned with international standards will help in attracting the funds… when you align with global standards, there will be more investors' confidence and greater credibility to the financial data," Pandey...
No Insurance Amendment Bill proposing 100% FDI in winter session
Given the paucity of time, it is difficult to present the Bill in the ongoing session, sources said, adding it may, however, come in the Budget session. The Department of Financial Services (DFS) has sought public comments on the proposed amendments by December 10 New...
RBI guv meets FM two days before end of his extended term
Shaktikanta Das,Governor,Reserve Bank of India With the three-year-extension granted to Das, he is already one of the longest serving RBI governors in its 90-year history. New Delhi: A day after presenting bi-monthly monetary policy, Reserve Bank Governor Shaktikanta...
Sebi revamps investor charter to boost transparency, grievance redressal
The revamped charter aims to enable investors to better understand the risks associated with market investments while ensuring their fair treatment in a timely and efficient manner New Delhi: Capital markets regulator Sebi on Friday unveiled an updated investor...
Consumer affairs ministry to issue guidelines to curb pesky calls, messages
"The Department of Consumer Affairs had started working on prevention of pesky calls, and we had to engage with all the stakeholders in this," Consumer Affairs Secretary Nidhi Khare said. New Delhi: Consumer Affairs Secretary Nidhi Khare on Friday said the department...
Investors with $9.5 trillion seek mandatory Scope 3 emissions disclosures
The group, which includes Allianz SE and the California Public Employees’ Retirement System, said while it’s critical for signatories to consider Scope 3 pollution, integrating those emissions into carbon accounting and target setting “is highly challenging” due to a...
RBI setting up expert committee for ethical use of AI in financial sector
In a bid to ensure “Zero Financial Frauds” RBI has initiated AI / ML based model called MuleHunter being piloted by Reserve Bank Innovation Hub (RBIH), a subsidiary of Reserve Bank Mumbai: Unveiling Framework for Responsible and Ethical Enablement of Artificial...
Italy makes it mandatory for companies to buy climate risk covers
Most Italian businesses — especially small and mid-sized ones — have no protection at all. The new law will require companies to buy coverage and insurers to write policies or face fines. The plan is backed by a €5 billion ($5.3 billion) reinsurance fund, set up by a...
ByteDance asks intern in AI breach case to pay $1.1 million damages
The case has drawn attention due to its focus on AI LLM training, a technology that has captured global interest amid rapid technological advances in so-called generative AI, used to produce text, images or other output from large bodies of data. China’s ByteDance is...