"The GST exemption on individual life insurance policies, which...
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Kerala HC issues guidelines on display of treatment rates providing aid in pvt hospitals
In order to ensure transparency, the bench directed that every...
“When in doubt, choose the customer” IRDAI chief asks insurers
“Compliance cannot be a department— it must be a mind-set. And...
Insurance Awareness Day: Industry Leaders Lay Out Action Plans
The journey towards widespread insurance coverage begins with informed individuals and families. India's insurance penetration rate for 2023-24 is anticipated to be 3.8%, with life insurance penetration expected to be 2.9%. These figures underscore the pressing need...
Health Minister JP Nadda to unveil 3 initiatives on Ayushman Bharat Health
JP Nadda,Union Minister for Health and Family Welfare The Union Health Minister will launch a virtual National Quality Assurance Standards (NQAS) assessment for Ayushman Arogya Mandirs (AAM) Sub-centres. This will represent a significant innovation in the quality...
RBI Governor underscores need to eliminate biases in algorithms as artificial intelligence and machine learning
RBI Governor Shaktikanta Das highlighted efforts by the RBI to harness digital footprints and computing power to analyze expectations, sentiment indicators, and policy credibility from alternative data sources. The exponential growth in digital data and storage...
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...