``I am happy the RBI has brought changes in the existing deposit...
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Former IRDAI chairman Panda roped in as senior advisor to Pristyn Care
Debasish Panda, former Chairman of the Insurance Regulatory and...
Sitharaman to launch nationwide awareness campaign of unclaimed financial assets on Oct 4
Nirmala Sitharaman ,Union Minister for Finance and Corporate...
Korean explosion raises concerns over battery safety
Battery-related fires have also posed greater risks in recent years as countries pivot away from fossil fuels and expand the use of clean energy and vehicles. The growing demand has increased the number of battery producers around the globe, with fires breaking out...
TRAI directs telecom companies to enhance apps and portals to curb spam messages
“Also, essential details for the registration of complaints should be automatically populated, if users grant permission to access their call logs and other relevant data,” said the telecom regulatory body'' NEW Delhi: New Delhi:In a bid to curb spam calls and...
Cyberattack plunges US auto retail industry into disarry
The outage impacting CDK's dealer management system, used to complete deals, track store profitability and monitor employee compensation, has "plunged the auto retail industry into disarray", JPMorgan analysts said last week U.S. auto dealers grappled with an ongoing...
Blaze at South Korea lithium battery plant kills 22 workers
South Korea has made efforts to improve its safety record after several past accidents, many of which have been blamed on negligence. Each year dozens of workers are killed in industrial accidents, which prompted parliament to pass a law aimed at punishing the...
Ritesh Kumar moves to ERGO as dy COO, Anuj Tyagi will be new MD& CEO of HDFC Ergo from July 1
Anuj Tyagi, MD &CEO designate, HDFC ERGO General insurance Ritesh Kumar will join ERGO International from October 4, 2024 onwards and as the new deputy COO and will focus on the Asian growth markets, such as China, Thailand and Singapore Mumbai: Anuj Tyagi, 49,...
53rd GST Council- No tax on co-insurance and reinsurance commission, Rs 25,000 crore demand notices on Indian re/insurers revoked
(LtoR)- Sanjay Malhotra, Revenue Secretary, Nirmala Sitharaman, Union Finance Minister and Pankaj Chaudhary, minister of state,Ministry of Finance, at a press meet on Saturday after the 53rd Goods and Services Tax (GST) Council meet in New Delhi Earlier, Indian...
Biden bans US sales of Kaspersky software over Russia ties
Moscow's influence over the company was found to pose a significant risk, Commerce Secretary Gina Raimondo said on a briefing call with reporters on Thursday.The software's privileged access to a computer's systems could allow it to steal sensitive information from...
Group Mediclaim Policies: No claim can be denied for non- availability of details of members, says IRDAI
A policyholder can access information on unclaimed amounts with any insurer in one place at https://bimabharosa.irdai.gov.in/Home/Unclaimed Amount Commenting on the new regulations, Rakesh Jain, CEO, Reliance General Insurance, said, ``A key feature in the circular is...
ULIPs should not be advertised as ‘investment products’, says IRDAI
Insurers will have to specifically state that market-linked insurance plans are different from traditional endowment policies and carry risks New Delhi: The Insurance Regulatory and Development Authority of India (IRDAI) has issued a master circular barring the...
India Inc raises concerns over draft Digital Competition Bill
"The bill will impact various sectors and domains of the digital economy, including user experience, data protection and security, supply chains, investments, business costs for MSMEs and consumer affordability. It is also likely to impact non-digital domains, owing...