The IRDAI's board in its recent meeting had deliberated the issue...
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Regulators discuss ways to enhance financial sector resilience amid geopolitical frictions
Sanjay Malhotra,Governor,Reserve Bank of India "The FSDC-SC...
Bank account can’t be frozen in absence of FIR: Delhi HC
Justice Purushaindra Kumar Kaurav, while dealing with a petition by...
Apollo Global Management sees potential risks in US insurers moving to Cayman Islands
Executives, regulators and experts have voiced concerns in recent months about the emerging risks among US life insurers as private equity expands its influence on the sector. In an October study, economists from the Bank for International Settlements attributed part...
Reddit sues Australia over social media ban, citing free speech threat
The San Francisco-based firm, which ranks Australia among its biggest markets, said in a High Court filing that the ban should be declared invalid because it interfered with free political communication implied by the country’s constitution. Message board website...
Income Tax Department cautions taxpayers against rise in fake emails, SMS scams
Fraudsters, the Department warned, are increasingly using fake sender IDs, misleading links and look-alike websites to trick individuals into revealing sensitive details such as PAN numbers, passwords and one-time passwords (OTPs).The Department has reiterated that...
CBDCs more superior to Stablecoins as they satisfy all attributes of money: RBI DG T Rabi Sankar
"Stablecoins can undermine trust in the currency and finance system. India already benefits from a payments landscape that is highly efficient, reliable, and robust. Systems such as UPI, RTGS, and NEFT provide fast, low-cost, and secure payment capabilities to...
Cabinet nod for Bill seeking to open up civil nuclear sector for private participation
To facilitate the implementation of the Nuclear Energy Mission, amendments to the Atomic Energy Act and Civil Liability for Nuclear Damage Act will be taken up by the parliament for shielding plant operators and cap equipment suppliers' liability, along with...
Cyber attack on govt networks surged nearly 7 times post-Operation Sindoor: NICSI MD
"Post-Operation Sindoor, attackers have intensified their efforts and attempted hits on government networks have surged nearly seven times, exposing new vulnerabilities in ministries, data centres, and citizen services. This underscores the need for advanced defences...
Failure to hedge FX risk could affect ratings for some Indian corporates
The picture is more diverse in the building materials and construction sectors. Commodity and natural resource firms, for example, have products whose prices are broadly linked to global commodity prices in US dollars.Rated companies in the technology (mostly IT...
Number of train accidents in India is down from 135 in 2014-15 to 31 in 2024-25: Railway Minister
Vaishnaw highlighted various safety measures taken by the Indian Railways to enhance safety in train operations. He said that the budgetary outlay for safety-related activities had been enhanced nearly 3-fold from Rs 39,463 crore in 2014-15 to over Rs 1.16 lakh crore...
TRAI-RBI pilot to help select customers review, revoke consents given for promotional content
Under the joint TRAI–RBI Digital Consent Acquisition (DCA) pilot to digitise and standardise consent for promotional communications, SMS notifications will begin to be sent shortly to select customers (limited in number), according to Ministry of Communications. New...
Ageas Federal Life unveils its new logo, ropes in Sachin Tendulkar as brand ambassador
Cricker legend Sachin Tendulkar and Jude Gomes, managing director & CEO of Ageas Federal Life at an event in Mumbai to launch company's new brand identity Jude Gomes, managing director & CEO of Ageas Federal Life Insurance, said, “ This milestone accelerates...