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Here is a masonry blog layout with no sidebarWith India becoming the fastest growing economy in the world, what are growth prospects for the Indian insurance market going forward ? Well, to the extent there is correlation between GDP growth and the insurance sector growth, the faster growth in GDP will certainly...
MS&AD Insurance Group announces merger of two of its non-life insurance subsidiaries
The group aims to establish a system to offer the best products and services to customers by investing accumulated capital into growth areas such as international business, domestic life insurance business, and digital/risk-related services Japanese major MS&AD...
Over 4.6 crore farmers got IDs under digital agri mission :Chouhan in RS
Union Agriculture Minister Shivraj Singh Chouhan As many as 7,708 lakh farmers have so far received insurance cover under the PM Fasal Bima Yojna and farmers have received claims of Rs 1.74 lakh crore since 2016 under the scheme which has now emerged as the world's...
Sebi gives more time to regulated entities for implementing cybersecurity framework
The framework is designed to ensure that Sebi-regulated entities (REs) maintain a robust cybersecurity posture, remain equipped with adequate cyber resiliency measures and can withstand, respond to, and recover from cyber threats, effectively New Delhi: Markets...
ICICI Pru Life Insurance gets demand notice of Rs 328.4 cr from I-T Dept
The demand notice served on various counts, including shareholders' income taxed as income from other sources and certain marketing and advertising expense considered as inadmissible expenses and hence disallowed, ICICI Prudential Life Insurance said Mumbai: ICICI...
More than 60pc wheat area sown under climate resilient varieties Govt in Rajya Sabha
"…Out of total wheat area planted in the country during 2024-25, more than 60 per cent of wheat area is under climate resilient varieties. These climate-resilient varieties show less reduction in yield under stress environments," he added. New Delhi: The government on...
Sensex, Nifty end FY25 with over 5% gain amid volatile trade
“Recent sessions mark a rebound from earlier declines, fuelled by renewed buying from the FIIs, who have injected over 30,000 crore in the last few trading days, shifting to net buyers,” said Krishna Appala of Capitalmind Research Mumbai: Indian stock markets ended...
Govt implements comprehensive technical legal measures to deal with cyberattacks: Vaishnaw
"The government is cognizant of the increasing frequency and sophistication of cyberattacks in the country. The government has taken several legal, technical, and administrative policy measures for addressing cyber security challenges in the country," Electronics and...
Parliament approves Finance Bill 2025, completes Budget FY26 exercise
"But, here we wanted to use this opportunity to show our respect for Indian taxpayer. We have moved towards setting Rs 12 lakh as threshold up to which no one will have to pay any tax," Finance Minister Nirmala Sitharaman said New Delhi: The Rajya Sabha on Thursday...
Powerful earthquake rocks Myanmar and Thailand and kills more than 150 people
Rescuers work at the site of a collapsed building after the tremors of a strong earthquake that struck central Myanmar on Friday affected Bangkok, Thailand, (REUTERS) Myanmar’s government said blood was in high demand in the hardest-hit areas. Images of buckled and...
IRDAI rejects appeal of general insurers and CBRs to review its collateral based cross border reinsurance norms
Indian general insurers, which will be generating a premium of over three lakh crore rupees in Fy 25, in their detailed representation to the IRDAI, explained that the proposed regulations are reducing choice for the insurers, reducing reinsurance capacity for the...
ING first globally important bank to meet climate watchdog
“As the first global systemically important bank with a validated science-based target, ING is showing how large financial institutions can support climate stabilization in the real economy,” Nate Aden, head of Financial Standards at the Science-Based Targets...
Kuala Lumpur International Airport hit with cyber security threat
Malaysian Prime Minister Anwar Ibrahim said separately on Tuesday that hackers demanded a $10 million ransom for the cyberattack A cyber security threat affecting computer systems at the Kuala Lumpur International Airport was detected on Sunday, the National Cyber...
India denies entry to Russian oil loaded ship over documentation, sources say
The vessel has protection and indemnity (P&I) insurance cover from Russian company Soglasie.Indian refiners buy Russian oil on delivered basis with ship, insurance and other servics arranged by the seller. NEW DELHI: Indian port authorities denied entry to an...
Indian billionaires’ wealth a third of country’s GDP; Adani biggest wealth gainer
Gautam Adani, founder and chairman of the Adani Group The country is home to 284 billionaires whose cumulative wealth rose by 10 per cent to Rs 98 lakh crore, or a third of the country’s GDP, the report said. Interestingly, amid the concerns on concentration of wealth...
No specific prohibition on use of AI-based tools by govt depts Union minister Jitendra Singh
However, government functionaries are expected to exercise due diligence and caution to ensure safety, security and confidentiality of public information while using any digital technology or platform, Union minister Jitendra Singh said in a written reply to the Rajya...
I-T deptt offices to remain open on March 29-31: CBDT
In an order, the Central Board of Direct Taxes (CBDT) said "to facilitate completion of pending departmental work, all the Income Tax Offices throughout India shall remain open on 29th, 30th and 31st March, 2025." Reserve Bank of India (RBI) and IRDAI have also asked...
Economic uncertainty drives a cautious approach to sustainability in Asia Pacific, Beazley report
Jessica Schappell, Head of Asia Pacific, Beazley said,“Communities and businesses across Asia are experiencing the devastating and wide-ranging impact of climate risk, yet our data reveals that executives are turning their attentions to the economic uncertainties of...