The Australian Competition and Consumer Commission (ACCC) alleged...
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US sanctions Russian oil majors over Ukraine, prompting jitters in India and China
The sanctions target oil giants Rosneft and Lukoil, which between...
GIFT City rises in GFCI rankings, reflecting India’s momentum as a global financial hub
GIFT City's overall rating improved, underscoring increasing...
Health Insurance: IRDAI bans hike in premium for an individual policy holder due to higher claims
In another major decision, the IRDAI's new regulations have clarified that after completion of sixty continuous months of coverage (including portability and migration) in health insurance policy, no policy and claim can be contestable by the insurer on grounds of...
Health ministry asks states, UTs to act strictly against hospitals involved in illegal transplant
''It should be ensured that a unique NOTTO-ID for both donor and recipient is generated by the hospital from NOTTO website (www.notto.mohfw.gov.in), in all cases of organ transplant, whether from a living donor or deceased donor,'' the letter said New Delhi: The Union...
FPIs withdraw over Rs 5,200 crore in April so far from domestic equities
The major trigger for FPI selling was the tweak in India's tax treaty with Mauritius, which would now impose higher scrutiny on investments made in India via the island nation, Himanshu Srivastava, Associate Director, Manager Research, Morningstar Investment Research...
Majority of top-100 companies making disclosures about carbon emissions: PwC India
The government and the regulators have introduced new regulations pertaining to ESG (environmental, social and governance) for businesses. India's transition to BRSR Core positions the nation as a frontrunner in the global transition towards a more credible and...
Health Insurance: IRDAI removes age cap on policies since Apr 1
“Insurers must ensure they offer health insurance products catering to all age groups. They may design products specifically for senior citizens, students, children, maternity, and other groups as specified by the Competent Authority,” stated a notification issued by...
CCPA calls for FSSAI investigation into allegations of Nestle putting sugar in baby products
Nidhi Khare,Consumer Affairs Secretary and Central Consumer Protection Authority (CCPA) chief Asserting that high sugar in baby products raises serious concerns about the potential implications for the health and safety of children in our country. The health and...
HDI Global launches `Climate Risk Reporting’
The new service from HDI Risk Consulting GmbH, a wholly owned subsidiary of HDI Global SE, not only highlights the severity of climate risks but also provides specific data such as water depths, maximum temperatures, and duration of heatwaves, allowing companies to...
Panda wants Bima Sugam up and running by Apr 19, 2025 coinciding with IRDAI’s 25th foundation day
Debasish Panda, chairman, IRDAI Apr 19,2025, is the 25th foundation day of the Hyderabad based regulator and IRDAI chief chosen that day to launch Bima Sugam , which is expected to usher in the `UPI moment' in the Indian insurance industry Mumbai: Debasish Panda,...
Remove Bournvita from category of ‘health drinks’: Govt tells e-commerce firms
Earlier, the NCPCR had called upon the Food Safety and Standards Authority of India (FSSAI) to initiate action against the companies that failed to meet safety standards and guidelines and were projecting power supplements as ‘health drinks’. New Delhi: The Ministry...
Nippon Life’s Singapore-based arm gets regulatory nod to operate in India
Hiroshi Shimizu, president, Nippon Life Insurance ``India is an important market for Nippon Life due to its status of as the world's most populous country and promising growth prospects. We will continue to contribute to the development of the life insurance and asset...