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Here is a masonry blog layout with no sidebarSBI to launch centre for financing AI, fintech, e-commerce industries
The project will help diversify the work of the bank’s project finance and structuring unit, which appraises, structures and funds large projects in infrastructure. Lending to so-call new age industries and renewable energy sectors increasingly make up a larger...
American Airlines jet engine catches fire after landing in Denver, passengers evacuated
The engine fire is the latest in a series of high-profile aviation incidents that have raised questions about U.S. aviation safety, including the January 29 mid-air collision of an American Airlines regional jet and an Army helicopter that killed 67 people WASHINGTON:...
Baba Ramdev’s Patanjali Ayurved forays into general insurance, buys majority stake in Magma General Insurance
Patanjali Ayurved, along with other investors, have bought out the stake of Senoti Properties, a joint venture between businessman Adar Poonawalla and Rising Sun Holdings. Senoti Properties held a 74.5 per cent stake in Magma General Insurance and would...
Common diabetes drug price slashed in India due to generic versions
India is known as the diabetes capital of the world with over 10 crore people diagnosed with the lifestyle disease, as per the Indian Council of Medical Research–India Diabetes (ICMR INDIAB) study in 2023 New Delhi: The price of commonly used diabetes drug...
Lockton India appoints Anand Kaul as its MD of Transactional Lines
Lockton, the world’s largest independent insurance broker, has appointed Anand Kaul as Managing Director - Transactional Lines. In this role, Anand will lead and expand Lockton India's transactional liability offerings, focusing on providing specialized risk solutions...
ICMR should study more about air pollution suggest ways to handle ill-effects Par Panel
"The committee, therefore, feels that it is high time for India to establish an Environmental Health Regulatory Agency for Comprehensive and Cohesive Environmental Governance to control detrimental health effects of exposure to air, water and soil pollutants to...
Age criterion for Ayushman Vay Vandana Cards should be rationalised to 60 years Parl panel
The panel recommended that the number of packages/procedures covered under the Yojana should be reviewed and the fresh packages/procedures related to treatment of critical illness with high cost of treatment and expensive high-end investigations/diagnostics like...
French publishers and authors sue Meta Platforms for copyright infringement
SNE, the trade association representing major French publishers including Hachette and Editis, along with authors’ association SGDL and writers’ union SNAC, filed a complaint this week in a Paris court dedicated to intellectual property, the group said at a press...
Large number of employees experience burnout due to poor work-life balance: Survey
It said, the mental well-being of employees is crucial for the organisation's growth and the recent untimely passing of several business leaders and employees due to work-related stress highlights the urgent need to prioritise health in high-stress occupations About...
PB Fintech stock declines nearly 5 pc
NEW DELHI: Shares of PB Fintech, parent entity of Policybazaar, declined nearly 5 per cent on Wednesday after the company's proposal to infuse Rs 696 crore in its healthcare arm failed to cheer investors. The scrip of PB Fintech tanked 4.70 per cent to close at Rs...
Crop insurance scheme should cover damages caused by stray animals Par Panel
It also recommended free compulsory crop insurance to small farmers with land holdings of up to 2 hectares New Delhi: A parliamentary committee has suggested that the government's crop insurance scheme PMFBY should cover damages caused to crops by stray animals,...
NCLT gives all parties 8 days to complete procedural issues for ownership transfer of RCAP to IIHL
The procedural documentation and filings for the last leg of the transaction for the remaining Rs 4,500 crore is under process. However, due to the upcoming banking holidays, a seven-day extension was considered appropriate by all parties Mumbai: The National Company...
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IRDAI grants license to Prem Watsa promoted Indian reinsurer Value Attics
The IRDA has also identified Life Insurance Corporation of India, The New India Assurance Company Ltd and General Insurance Corporation of India as Domestic Systemically Important Insurers (D-SIIs) for FY 2024-25 Oben Ventures LLP (promoted by Kamesh Goyal) and FAL...
RBI invites applications for recognition of SROs for account aggregator ecosystem
The account aggregator framework facilitates secure and seamless exchange of specified financial information through Non-Banking Financial Company-Account Aggregators, which act as intermediaries between Financial Information Providers (FIPs) and Financial Information...
Equity MFs inflow drops 26 pc to Rs 29 303 cr in Feb SIP hit 3-month low
Inflows into systematic investment plans (SIP) came at Rs 25,999 crore in February, making it three months low. Before this, SIP inflow was Rs 26,400 crore in January and Rs 26,459 crore in December New Delhi: Inflow in equity mutual funds dropped 26 per cent to Rs...
Growing role of insurance companies and retail investors in private credit making it vulnerable: BIS report
“The growing role of insurance companies and retail investors, as well as funds’ leverage and degree of portfolio concentration warrant monitoring, This is especially relevant in light of growing interlinkages between banks and private credit” The Bank for...