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Nearly four lakh chickens perish in Andhra samples sent to ascertain cause
According to the animal husbandry official, usually, this phenomenon is seasonal and manifests every year, however, due to higher numbers of migratory birds coupled with the negligence of poultry farmers, number of deaths has gone up Amaravati: Nearly four lakh...
SBI General partners with Agri Ministry for promoting PMFBY among farmers
Naveen Chandra Jha, MD and CEO of SBI General Insurance SBI General will be conducting awareness workshops such as Fasal Bima Pathshala, Women centric workshops etc. in 8 states namely Madhya Pradesh, Uttar Pradesh, Uttarakhand, Odisha, Assam, Tamil Nadu, Maharashtra...
Finance ministry asks employees to avoid AI tools like ChatGPT, DeepSeek
"It has been determined that AI tools and AI apps (such as ChatGPT, DeepSeek etc.) in the office computers and devices pose risks for confidentiality of (government) data and documents," said the advisory by the Indian finance ministry dated Jan. 29 NEW DELHI: India's...
Non-inflationary Budget for Monetary Easing: Finance Secy
"The fiscal policy and the monetary policy need to work in tandem, not at cross purposes Because a lot more benefit will come also with monetary easing, if we are able to maintain inflation control.The Budget has projected a 4.4 per cent fiscal deficit in FY'26,...
DPDP rules,2025: Enforcing stringent requirements for data collection, processing and management
Bibhu Krishna, Chief Information Security Officer, Policybazaar.com For the insurance sector, the draft rules introduce challenges as well as opportunities to formulate a robust data privacy landscape The draft Digital Personal Data Protection (DPDP) Rules, 2025,...
GIC Re to set up a wholly owned subsidiary in UK
GIC Re has also branch offices in London and Kuala Lumpur. In April 2018, syndicate fully capitalised by GIC Re became operational at Lloyd's of London. GIC Re has 100% subsidiary in South Africa, Russia, United Kingdom and also associate companies in Bhutan,...
US investor Danny Gaekwad Developments & Investments seeks Sebi exemption for Religare takeover
In a regulatory filing, REL posted a letter written by Danny Gaekwad Developments & Investments addressed to SEBI Chairperson, requesting for grant of exemption from strict enforcement of Substantial Acquisition of Shares and Takeovers (SAST) Regulations New...
Lung cancer cases in never-smokers on the rise, air pollution could be driver: Lancet study
"Changes in smoking patterns and exposure to air pollution are among the main determinants of the changing risk profile of lung cancer incidence by subtype that we see today," lead author Freddie Bray, head of the cancer surveillance branch at IARC, said. Lung cancer...
GIC Re:Gross premium grows 14% to Rs 9,967cr, net profit rises 7% to Rs 1621cr in Q3FY25
N Ramaswamy, CMD, GIC Re One of the outstanding features of GIC Re's performance during the last quarter was its feat of improving its combined ratio significantly to 107.83 per cent in Q3FY 25 from 120.47 per cent in the year-ago period ``We remain focused on...
Miller to acquire AHJ Holdings
In addition to providing immediate scale and capability in treaty reinsurance, it will give Miller access to AHJ’s strong positioning in Nordic, Caribbean and North American Treaty business London: Miller, the independent specialist (re)insurance broker, has announced...
Draft bill seeking 100 pc FDI in insurance to be sent for Cabinet nod soon: DFS Secretary
Finance Minister has already given her approval and announced in the Budget. Now we will prepare a draft bill with the help of the law ministry. Thereafter, the draft bill will be sent to the Cabinet for approval. The intent of the DFS is to get the bill introduced...
Govt reviewing crypto position due to global changes, senior official says
"More than one or two jurisdictions have changed their stance towards cryptocurrency in terms of the usage, their acceptance, where do they see the importance of crypto assets. In that stride, we are having a look at the discussion paper once again," India's Economic...
90% or more taxpayers may shift to new regime with new slabs announced in Budget: CBDT Chairman
Ravi Agrawal,Chairman, CBDT As per current data, about 74-75 per cent of individual taxpayers have moved to the new tax regime that was brought in by the government a few years back New Delhi: The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum...
Sebi mulls safe UPI payment mechanism for registered market intermediaries
This initiative will enable investors to verify the authenticity of the UPI ID they are transferring money to, through robust KYC (Know Your Customer) due diligence. This measure is designed to combat the growing threat of digital fraud, ensuring that investors can...
Budget is by the people, for the people, says FM
Finance Minister Nirmala Sitharaman “We have heard the voice of middle class" who had been complaining about their aspirations not being met despite being honest taxpayers, Sitharaman said in an interview with news agency New Delhi: It is a very positive and growth...
Indian mobility market to grow 2x to surpass USD 600 bn by 2030: Google-BCG report
According to the Think Mobility Report, emerging revenue pools such as electric, shared, and connected mobility are poised to contribute USD 100 billion to the total market by 2030 while a majority of the revenue will come from classic revenue pools comprising classic...
Budget 2025: Insurers and experts hail game changing moves
The FDI limit being raised from 74% to 100% will prove to be a landmark reform in the insurance sector which will help unlock new opportunities for investment and innovation. These reforms will strengthen investor confidence, drive innovation, and support sustained...
Union Budget 2025-26: Reshaping Indian insurance landscape
Tapan Singhel, MD&CEO, Bajaj General Insurance& Chairman, General Insurance Council With the move to allow 100% FDI in insurance, we could see India moving towards a future with 1,000 insurers in the next decade. A larger number of players will bring greater...