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Misleading ads: SC asks states UTs to set up grievance redressal mechanism
A bench of Justices Abhay S Oka and Ujjal Bhuyan said state governments should create such mechanisms for members of the public to lodge complaints about objectionable advertisements prohibited under Drugs and Magic Remedies Act, 1954 New Delhi: The Supreme Court on...
‘Insensitive inhuman’ SC stays Allahabad HC observations on rape
Calling it a "very serious matter", a bench of Justices B R Gavai and Augustine George Masih said, "In normal circumstances, we are slow in granting stay at this stage. But since the observations in paragraphs 21, 24 and 26 are totally unknown to canons of law and...
Regulations should not create unintended barriers for financial inclusion: RBI Guv
``India has made substantial progress on financial inclusion with 94 per cent of adults now having a bank account, It must be ensured that regulations do not create unintended barriers to financial inclusion. We need to be mindful of customer rights and convenience...
Insurers demand longer term assets to fund Govt’s Rs29.7 lakh crore debt pile
The finance ministry has set a record target of Rs 2.5 trillion of debt to be swapped for the fiscal year starting April 1. With the insurance sector expanding at 12%-13% annually, the goal is within reach, according to Vidya Iyer, head of fixed income at ICICI...
Disaster is directly linked to climate change: Amit Shah
This Bill does not infringe on the federal structure. The primary responsibility for disaster management lies with the District Disaster Management Authority (DDMA), which operates under the state government,” Union Home Minister Amit Shah New Delhi: Union Home...
Over 77K hospital admissions worth Rs 87 cr authorised for mental health packages under AB-PMJAY: Centre
Insurers are also mandated to make available products in compliance with the provisions of the Mental Health Care Act, 2017. In line with the above provisions, products are available in the market providing coverage for mental illness as per the respective product...
New Income Tax Bill to be introduced in monsoon session: FM Sitharaman
The simplification exercise was guided by three core principles which include textual and structural simplification for improved clarity and coherence, ensuring continuity and certainty with no major tax policy changes and no modifications of tax rates to preserve...
If poor not provided treatment will ask AIIMS to take over SC to Indraprastha Apollo Hospital
A bench of Justices Surya Kant and N Kotiswar Singh took serious note of alleged violation of lease agreement under which the hospital run by Indraprastha Medical Corporation Limited (IMCL) was to provide free medical and other facilities to one-third of its indoor...
US says Ukraine, Russia agree to ensure safe navigation in Black Sea
The White House said in a statement that Washington would help restore Russia's access to the world market for agricultural and fertiliser exports and would continue facilitating talks on both sides in a bid toward achieving a sustainable peace The United States said...
Vehicle Scrapping Policy may reduce auto component prices by 30 pc Gadkari
The demand for EVs will grow as the government is taking various steps to improve the charging infrastructure in cities and on highways. The adoption of EVs will also increase as the prices of input materials come down, Union Minister Nitin Gadkari said New Delhi:...
New India partners with BoI for distributing its products
L to R -PR Rajagopal, ED BOI, Girija Subramanian CMD, NIA, Mukta Sharma GM, NIA, Anjali Bhatnagar GM, BOI ,. Rajneesh Karnatak, MD and CEO BOI, M. Karthikeyan, ED BOI, Rajiv Mishra , ED BOI at an event to sign bancassurance deal between NIA and BoI ``New India strives...
Tata AIA’s Swaminathan S. Iyer appointed as Member, Life, IRDAI for 5 yrs
Swaminathan S. Iyer, Member-designate, Life, IRDAI ``The Appointments Committee of the Cabinet (ACC) has approved the Swaminathan to the post of Whole Time Member (Life), Insurance Regulatory and Development Authority of India (IRDAI) for a period of five years from...
Underinsurance Survey 2025: Shifting life insurance trends
Tarun Chugh, MD & CEO, Bajaj Allianz Life Insurance The survey by Bajaj Allianz Life Insurance, in collaboration with NielsenIQ, reveals a significant shift in life insurance trends, with the average age of first-time buyers dropping from 33 to 28 years. Family...
S&P cuts India’s FY26 GDP growth forecast to 6.5 pc
"The Reserve Bank of India will cut interest rates by another 75 bp-100 bp in the current cycle, we project. Easing food inflation and lower crude prices will move headline inflation closer to the central bank target of 4 per cent in the fiscal year ending March 2026...
India’s financial system resilient, diverse: IMF report
The report observed that India's insurance sector is strong and growing, with a significant presence in both life and general insurance. The sector has remained stable, supported by better regulations and digital innovations New Delhi: The Indian financial system has...
Singapore general insurance premium rises by 6.3% to S$10.8 billion in 2024, Underwriting profit grows by 5.6% to S$642.31 million
“The general insurance sector is operating in an increasingly complex and fast-evolving risk environment. From climate-related disasters to rising medical costs and economic volatility, insurers today must navigate a rapidly changing landscape,” said Mr. Ronak Shah,...
Goa CM Sawant appointed convenor of GoM on GST revenue analysis
Pramod Sawant,Chief Minister,Goa As per the memorandum, the terms of reference for the GoM comprise state-wise revenue trend analysis, including the identification of revenue patterns across sectors and regions Panaji: Goa Chief Minister Pramod Sawant has been...
National Insurance Academy sets up Centre of Learning in Insurance and Cyber Security
NIA has signed a Memorandum of Understanding with C3i Hub, IIT Kanpur, to facilitate industry-specific research in Cyber Security Risk and Insurance Pune: National Insurance Academy (NIA), Pune, inaugurated its new Centre of Learning in Insurance and Cyber Security,...