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Amit Shah to launch mobile-based disaster communication systems on May 2
The system has been extensively utilized by disaster management authorities, enabling the dissemination of over 134 billion SMS alerts, till date, in more than 19 Indian languages during natural disasters, weather warnings, and cyclonic events.To further strengthen...
FinMin asks banks to adopt MuleHunter AI tool of RBI to check cyber frauds
M Nagaraju, Secretary, DFS During the meeting he also advised State Level Bankers' Committee to sensitise the State Police Authorities about the steps taken by the banks for prevention of cyber financial frauds and undertake greater public awareness initiatives, the...
India’s logistics cost to drop to 9 pc over robust road infra: Nitin Gadkari
Union Minister of Road Transport and Highways, Nitin Gadkari The minister said that 36 green express highways are under development and would transform the economic scenario for logistics costs. New Delhi: Union Minister of Road Transport and Highways, Nitin Gadkari...
Fraudsters now exploiting e-Commerce sector at a scale similar to Jamtara banking scams: Report
An analysis of 70 million marketplace users by AI- powered risk decisioning platform Bureau, revealed that coordinated groups are now exploiting online systems at a scale similar to the Jamtara banking scams. Organised fraud networks are now systematically targeting...
$2.8 billion Baltimore Bridge settlement:Impacts on marine (re)insurance market
The vast majority of the $2.8 billion will be absorbed by the reinsurance and retrocession markets. While some market participants initially anticipated the full $3 billion limit of the International Group’s reinsurance tower could be called upon, statutory...
India posts 5 pc higher AUM growth than Asia Pacific over retail investor demand
Retail products already account for 61 per cent of total Indian AUM, making India one of the most retail-dominated markets in the region, the firm said. New Delhi: India’s asset under management grew 17 per cent in 2025 — ahead of the Asia-Pacific average of 12 per...
ETF inflows hit record Rs 1.8 lakh crore in FY26, driven by surge in gold, silver investments: Report
The study highlighted that commodity ETFs accounted for a majority share of the inflows during the year. Gold and silver ETFs together attracted Rs 99,280 crore, contributing around 55 per cent of the total inflows, while equity ETFs received over Rs 77,000 crore, or...
Oil trading disputes deepen amid Iran war fallout
In some instances the disputes have arisen because producers cut their production levels. In others, buyers with contracts under which they are responsible for lifting oil from ports in the Middle East have said they were unable to secure ships to load it due to the...
Economy resilient but faces rising risks from Mideast war, government report says
The government said India remained a relative bright spot, with the International Monetary Fund raising its 2026-27 growth forecast for the country to 6.5% from 6.4%.However, it warned that risks were tilted toward higher inflation, wider fiscal and external...
US not to lift naval blockade of Iran’s ports till Tehran agress to end its nuclear program:Trump
President Donald Trump The blockade lies at the heart of the impasse between the US and Iran, with the Islamic Republic insisting it won’t restart negotiations or reopen the strait as long as the naval restrictions stay in place. President Donald Trump told Axios he...
DFS Secretary Nagaraju reviews functioning of PSU general insurers
M Nagaraju,secretary,DFS Nagaraju emphasized that PSICs should focus on increasing investment opportunities and devise strategies to reduce loss ratios, while maintaining market share and consistently strengthening their retail portfolios and presence across rural and...
EPFO to launch Aadhaar-based portal to unlock dormant PF accounts
Mansukh Mandaviya,Labour & Employment Minister The portal, E-PRAAPTI, will provide a streamlined Aadhaar-based authentication mechanism that will enable a member to access an old EPF account, which may not have a UAN (universal account number), and update their...
Govt proposes Motor Rules Amendments to expand ethanol, alternative fuel scope
Among key proposals, the draft raises the vehicle weight limit from 3,000 kg to 3,500 kg, bringing regulation in sync with global standards for light commercial vehicles. This means more vans, pickups, and small trucks will now fall under the same emission testing...
Indian Health Survey: Significant increase in healthcare access across country
The median out-of-pocket medical expenditure per hospitalisation case in 2025 was ₹11,285, indicating that over half of the country's hospitalisations involve relatively low expenditure. The report stated that only a small number of high-cost cases push up the...
Transactional risk insurance gains traction in India
Aditya Samag, Private Equity and M&A Leader, Marsh India, mentioned a clear shift in India to larger, more complex transactions, particularly in high-growth sectors such as technology, healthcare, and infrastructure.In this environment, transactional risk...
Female workforce participation rose from 23 % to 40% from 2017 to 2025: Mandaviya
Mansukh Mandaviya,Union minister, Ministry of Labour and Employment The minister also stressed the nearly three-fold expansion in India's social security coverage in the last ten years, from 19 per cent in 2015 to over 64.3 per cent in 2025, reflecting the outcome of...
Temasek, LIC, Canadian pension fund in line-up to sell stakes in India’s NSE IPO
Major state-owned insurers with significant stakes in the NSE as of March 2025 include Life Insurance Corporation of India (LIC) with 10.72%, and public sector general insurers like GIC, New India Assurance, National Insurance, and Oriental Insurance, each holding...
J&K blacklists Reliance General Insurance for 2 yrs for lapses in implementing its employees’ health schemes
It is not clear how the order of the J&K Government will be implemented as the Reliance General Insurance, which at that time was owned by Anil Ambani's Reliance Group, has now changed hands and changed its name also. It is now owned Hinduja Group and new name of...