The lawsuit, filed last week in federal court in California, claims...
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Digital justice spearheads National Consumer Day 2025 with faster grievance redressal
New Delh:iIndia celebrates National Consumer Day on December 24 to...
Government launches NUDGE campaign to help taxpayers fix return errors voluntarily
Recent data shows that many people are already using these options...
LIC remains 4th largest global life insurer in S&P’s latest ranking
Published a week back, S&P has Allianz SE, ($807 billion, 4.8%), China Life Insurance Co. ($685 billion, 3.9%) and Ping An Insurance (Group) Co.($686 billion,13.3 %) of China Ltd. as the three largest life insurance companies in the world, according to a ranking...
Commercial aviation suffers deadliest year since 2018
The spike in fatalities marks a reversal from 2023, which became the safest year ever in aviation with no deaths among large passenger jetliners — typically planes made by Airbus SE and Boeing. Commercial aviation has suffered its deadliest year since 2018 after the...
Govt extends PMFSBY and RWBCIC till FY25-26, sets up Rs 824.77 crore technology fund for crop claim settlement
Prime Minister Narendra Modi For large scale technology infusion in implementation of the scheme leading to increasing transparency and claim calculation and settlement, the Union Cabinet has also approved creation of Fund for Innovation and Technology (FIAT) with a...
Beijing to boost driverless vehicle use, regulations to kick in from Apr 1
Autonomous vehicles that pass road testing and safety assessments will be allowed to apply for road trials.Chinese authorities have been aggressively greenlighting trials for self-driving technology with at least 19 cities conducting robotaxi and robobus tests China's...
Fadnavis asks transport department to use AI for road safety measures
Maharashtra Chief Minister Devendra Fadnavis directed the state transport department to enforce policies for scrapping all vehicles above 15 years of age. The Maharashtra government has signed an agreement with Google, to increase the use of AI to strengthen the...
SBI Life picks up 10 pc stake in Bima Sugam India Federation for Rs 6.6 cr
Bima Sugam India Federation, an unlisted company, incorporated on June 18, 2024, aims to create and operate a centralised marketplace of insurance products and services. It is currently in the process of mobilising over Rs 200 crore of capital from both life and...
Prospects of economy expected to improve in 2025: RBI Governor
"We continue to secure and anchor public trust and confidence to support India’s aspirational goals. We remain committed to developing a modern financial system that is customer-centric, technologically leveraged and financially inclusive," the new RBI Governor Sanjay...
Embracing 2025: Year of Purpose & Opportunities
2024 has been a pivotal year for the Indian insurance industry, marked by significant reforms and policy changes.2025 will be a key year as it will see further movement in industry and government efforts towards the Insurance for all by 2047 vision Four CEOs of the...
Insurtech- For Quick & Seamless Customer Service
Amit Bhandari, Chief Technical Officer at Magma HDI General Insurance The integration of technology in the insurance claims process is not just a trend, it’s evolution. With the combined efforts of insurers, regulator, and government bodies like the National Health...
RTOs in Maharashtra to get radar system-mounted interceptor vehicles will boost e-challan mechanism
The deployment of such radar-mounted interceptor vehicles, which will be the first for any state in the country, is expected to significantly increase the number of e-challans issued by flying squads of Regional Transport Offices (RTO), in turn improving enforcement...