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Here is a masonry blog layout with no sidebarICICI Prudential Pension Funds crosses Rs 50,000 crore AUM
Today, ICICI Prudential Pension Funds serves over 1.2 lakh NPS accounts through Points of Presence (POP), and 9.71 lakh subscribers as a Pension Fund Manager (PFM), spanning corporate and retail segments. Mumbai: In a landmark achievement, ICICI Prudential Pension...
ICICI Lombard gets Rs 1,728.86-crore GST relief from Bombay High Court
The Bombay High Court has directed the adjudicating authority to re-hear the matter in light of the decision of the GST Council and the circulars,’’ the insurer said in a regulatory filing. Mumbai: In a relief to ICICI Lombard General Insurance, a positive development...
Former IRDA member Rakesh Joshi made chairman of Bima Sugam India Federation
Rakesh Joshi, chairman, Bima Sugam India Federation Joshi as a member of IRDA from March 2022 to December 2023, under the chairmanship of Debasish Panda was very closely involved with the development and implementation of Bima Sugam and Bima Vistaar...
LIC launches a new product- Nav Jeevan Shree
Life Insurance Corporation has launched a new product Nav Jeevan Shree, a non-par, non-linked, individual, savings plan. It a has a minimum term of five years and a maximum term of 20 years. It will be available from Friday.
Zurich Insurance to buy Canadian cyber risk management firm BOXX Insurance
“BOXX’s digital-first, service-led approach will help us further enhance customer engagement and provide integrated solutions that make people’s everyday life easier,” Cara Morton, CEO Zurich Global Ventures said in the statement. Zurich Insurance Group AG agreed to...
Drones clear Mount Everest’s trash-covered slopes
Climate change is only adding to the urgency to clean Everest. Snow and ice are melting, exposing decades-old garbage that can contaminate waterways fed by the runoff and that flow down to villages below Human waste, empty oxygen cylinders, kitchen leftovers and...
NCDEX in partnership with IMD to develop country’s first weather derivatives
This Memorandum of Understanding (MoU), signed on June 26, lays the critical groundwork for the launch of India's first weather derivatives -- a long-anticipated market instrument designed to help farmers and allied sectors hedge against climate-related risks such as...
RBI advises banks to integrate DoT’ s financial fraud technology
Banks and financial institutions can use the Financial Fraud Risk Indicator (FRI) in real time, which classifies mobile numbers based on their association with medium, high or very high risk of financial fraud New Delhi: The Reserve Bank of India has advised all banks...
Retail vehicle sales in India surpass wholesales in June, driven by discounts, EV push
New Delhi: Retail registrations in the Indian automobile market outpaced wholesale dispatches across key segments in June 2025, a new report said on Wednesday. While two-wheeler (2W) retail demand continued at a slow pace, commercial vehicles (CVs) and passenger...
Covid vaccination prevented sudden deaths, did not cause them: ICMR-NIE Director
The findings of our study indicated that Covid vaccination was not associated with sudden death. In fact, what we found was that Covid vaccination protected against sudden deaths," Indian Council of Medical Research-National Institute of Epidemiology (ICMR-NIE)...
India’s health survey data reveals 13% children born prematurely, 17% with low birth weight
Climate conditions, such as rainfall and temperature, were found to have a greater link with adverse birth outcomes. New Delhi: India's demographic health survey 2019-21 reveals that 13 per cent of children were born prematurely, and 17 per cent with a low weight at...
Insurance firm not liable to pay compensation for death of persons driving rashly: SC
A bench of Justices PS Narasimha and R Mahadevan refused to grant 80 lakh compensation sought by the wife, son and parents of a man who died while driving a car at high speed. New Delhi: The Supreme Court has said insurance companies are not liable to pay compensation...
Axis Max Life Insurance reports cyber threat
Indian firms such as Angel One, Niva Bupa Health Insurance and Star Health, and HDFC Life Insurance have reported high-profile security breaches in the past 10 months. Cyber fraud cases in India jumped more than four times in fiscal 2024, causing losses of $20 million...
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IRDAI drops plans to tweak existing bancassurance rules for curbing mis-selling by insurers
(L to R)-R Venkatachalam Iyer, MD & CEO Tata AIA, Amit Jhingran, MD & CEO SBI Life, Piyush Pandey, advertising professional, Swaminathan Iyer, member, Life, IRDAI, Kamlesh Rao, MD&CEO,ABSLI, RK Patnaik, MD, LIC, Rushabh Gandhi, MD&CEO India First at an...
Indian companies paid Rs4 crore on average for cyber attack demands: Report
According to the State of Ransomware in India 2025 report, the median payout towards ransom was USD 481,636 (about Rs 4 crore), down 79 per cent from the previous year. New Delhi: UK-based cybersecurity firm Sophos on Wednesday claimed that 53 per cent of Indian...
SBI General announces awareness campaign for Kharif 2025
SBI General Insurance has launched its ‘Crop Insurance Week’ awareness campaign in the implementing states for Kharif 2025 season. This week-long initiative aims to educate farmers about the benefits of Crop insurance and promote enrollment under the Pradhan Mantri...