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Govt expands fuel dispenser verification to cover hydrogen, clean fuels amid energy transition
"The move is expected to enhance the availability of verification services, improve efficiency and support the growing adoption of cleaner fuels across the country," the ministry said in a statement. New Delhi:The consumer affairs ministry has amended legal metrology...
LIC emerges as highest profit-making financial company in Jan-Mar quarter
However, SBI significantly outpaced LIC in annual profit, earning Rs 80,032 crore in FY26 compared to LIC's Rs 57,419 crore. New Delhi:State-owned Life Insurance Corporation of India (LIC) has emerged as the highest profit-making firm in the Indian financial sector in...
Sitharaman reviews growth of GIFT City as global financial hub
From Lto R-PK Mishra,Principal Secretary to the Prime Minister;Nirmala Sitharaman,Union Finance Minister, Harsh Sanghavi, Deputy Chief Minister of Gujarat, at a meeting at GIFT City GIFT City today hosts more than 1,150 entities operating across financial services,...
Govt launches tech platforms for sr citizens and elderly care
Virendra Kumar, Union Minister for Social Justice and Empowerment Virendra Kumar, Union Minister for Social Justice and Empowerment, launched the JEEVAN (Joint Elderly Empowerment & Virtual Assistance Network) mobile application, a dedicated digital platform...
100 crore health records linked with Ayushman Bharat Health Accounts
Sunil Kumar Barnwal, CEO, National Health Authority ABDM is designed to place citizens at the centre of the digital health ecosystem. With consent-based sharing of health records, individuals can access their medical information whenever required and share relevant...
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Airbus, Air France convicted of corporate manslughter over 2009 Atlantic Crash
Airbus and Air France both said they would appeal to France’s highest court, ignoring pleas from the relatives. The trial exposed bitter divisions between the airline and planemaker over the cause of the accident and a gulf between a civil crash report that focused...
West Asia Crisis:In a first New India unveils War Cover for India Inc with its Fire policy
`By introducing this dedicated add-on, which integrates with our “Bharat Laghu Udyam Suraksha “and “Business All-Risk Flexi Suite”,we are filling a vital protection gap for large-scale industrial units and infrastructure projects,complementing on our War Cover in a...
AI uncertainty pushes Indian firms toward flexible hiring
Firms across sectors are slowing hiring and reassessing headcount needs as they experiment with AI-led automation, even as India remains a key global hiring market for multinational companies and global capability centres, Chief Financial Officer Ramani Dathi told...
APY records 1.35 crore new subscribers in FY 2025-26; AUM exceeds ₹54,000 crore
S. Ramann, chairperson, PFRDA, highlighted the significant rise in enrolments among the 18–25 age group, reflecting increasing awareness among youth regarding long-term financial security, and emphasised the need to further strengthen subscriber engagement and pension...
Iran in talks with Oman on permanent Hormuz toll framework
Now, Iran has expanded its claimed area of jurisdiction and set out new rules for vessels seeking to transit the waterway, which is roughly 24 miles (39 kilometers) wide at the narrowest point. That involves seafarers dealing with a new body called the Persian Gulf...
Bank CEOs’ AI push faces rising regulatory scrutiny
The European Banking Authority, which also sets rules for US and Asian banks operating in Europe, wants to ensure that national supervisors across the bloc have playbooks “to mitigate risks” that AI poses to the finance sector, Merkeviciute said. The more complex the...
Crypto crime escalates beyond hacks to kidnappings and coercion
Physical attacks on cryptocurrency holders rose 75% in 2025, reaching 72 confirmed incidents and $41 million in known losses, according to data compiled by the blockchain security firm CertiK. The figure is widely considered understated, with kidnappings and ransom...
ICICI Lombard General launches roadside assistance promises
ICICI Lombard General Insurance today launched Service Assure, a new commitment under its IL Smart Assist (Road Side Assistance) offering. A one-of-the-industry’s-first roadside assistance promises, Service Assure commits to reaching private car customers within 30...
LIC’s net profit rises 23% to Rs23,420 crore in Q4FY26, declares a dividend of Rs 10 per share
R Doraiswamy, CEO & M D, LIC, said,“FY 2025-26 has been a satisfying year for us, with strong overall growth across every business vertical leading to record performance metrics. We have achieved a Non Par share on APE basis in our individual business of more than...
Willis and Global Parametrics deliver first payout to coffee farmers in Vietnam hit by heavy rainfall
In late 2025, Willis placed the high rainfall parametric solution with Bao Minh Insurance Corporation in Vietnam, protecting coffee farmers’ revenue against a loss of yield due to excessive rainfall during the ‘golden’ harvesting period. The solution uses satellite...