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Here is a masonry blog layout with no sidebarIndiaFirst Life launches 18 new agency branches
IndiaFirst Life Insurance Company Limited (IndiaFirst Life) announced the launch of 18 Agency branches. Rushabh Gandhi, Managing Director & CEO, IndiaFirst Life, said, “The expansion of our Agency channel across the length and breadth of the country is a critical...
Malhotra takes over as 26th RBI Guv says focus would be trust growth stability
Sanjay Malhotra Governor, Reserve Bank of India "As we have to be conscious of the fact that we do maintain continuity and stability, we cannot be stuck to it, and we have to be alert and agile to meet challenges," Malhotra said in his first interaction as Governor...
Cat bonds see rapid influx of investors
Plenum estimates that the volume of catastrophe bonds in funds marketed under Europe’s UCITs label has risen roughly 49% since the end of 2022 to $13 billion at the end of September. That’s as overall issuance for 2024 looks set to hit a record $16.5 billion,...
Industry should realign itself keeping political strategic policies in mind Nirmala Sitharaman
"Supply chains will have to be restored but you would have to reset it, realign it, you will have to make sure that it is spread so much that no geopolitical or strategic risks will threaten our wellbeing,” Finance Minister Nirmala Sitharaman New Delhi: Finance...
Insurers’ climate losses almost match premiums from fossil fuels
On average, fossil-fuel premiums account for less than 2% of total premiums, raising questions about why insurers aren’t using their immense influence to protect the other 98% of their business from spiraling climate risks Top insurance companies suffered $10.6...
Delhi consumer forum imposes Rs 15 lakh fine on Emami over fairness cream
The order said that a reasonable or average intelligent customer could also be under a “convincing impression” that following the exclusive instructions mentioned on the cream’s packaging would give the results as claimed. This proves misleading advertisement and...
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
GM on Tuesday said it would get out of robotaxis “given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market” Detroit: General Motors has said it will retreat from the robotaxi business...
Sebi bans finfluencer, firm from securities market, orders Rs 9.5 cr disgorgement for unlawful advisory biz
In its final order, Sebi noted that Ravindra Bharti Education Institute used unregistered investment advice, trade recommendations, and execution to lure inexperienced investors into the securities market through its premises and employees.Clients were not fully...
PM urges more senior citizens to take advantage of Ayushman Vaya Vandana Card
Prime Minister Narendra Modi Treatments worth more than Rs 40 crore have been availed since the launch of the Ayushman Vay Vandana card, benefitting over 22,000 senior citizens aged 70 years and above under the Ayushman Bharat health insurance scheme in less than two...
Nippon Life in talks to buy Resolution Life in deal worth $8.2 billion
Cross-border M&A involving Japanese companies has surged this year, driven by amended guidelines designed to encourage takeovers of Japanese firms.Japanese firms also are continuing to look abroad for growth as their domestic market shrinks Nippon Life Insurance...
Star Health takes steps after data breach: MD
"In a world, where there is so much inter-connectivity, when you have so many connections with different stakeholders, agents, hospitals, insurance companies, you have to be on your guard. We found that if any vulnerability is there, these hackers are able to identify...
India achieves total fertility rate of 2.0: Centre
Anupriya Patel,Union Minister of State for Health and Family Welfare Union Minister of State for Health and Family Welfare Anupriya Patel said this is aligned with the National Population Policy 2000 and the National Health Policy 2017 (TFR of 2.1) New Delhi: India...
RBI approves Burmans’ additional 26% stake in Raligare
This move will increase the holding of Burman family in Religare Enterprises Ltd (REL) and will surpass 56 per cent, enabling them to become majority owners in the financial services firm New Delhi: Shares of Religare Enterprises climbed nearly 4 per cent on Tuesday...
LIC to spend up to Rs 840 crore for Bima Sakhis, targets Rs 4,000 crore new business in 1st yr
Siddharth Mohanty, MD and CEO, Life Insurance Corporation Talking about proposed changes in the Insurance Act, LIC MD and CEO Siddharth Mohanty said composite licensing boosts the industry and LIC has no issue with it. The proposed changes in the Insurance Act only...
Arthur J Gallagher strikes $13.5 billion deal to strengthen US insurance broker business
Gallagher follows in the footsteps of rivals Aon and Marsh McLennan, which have also struck $13 billion and $7.75 billion, deals, respectively, over the last 12 months to expand into the vast and fast-growing middle-market insurance business Arthur J Gallagher said on...
Revenue Secretary Sanjay Malhotra appointed as new RBI governor, to succeed Shaktikanta Das
, Sanjay Malhotra, Governor-designate, Reserve Bank of India The Appointments Committee of the Cabinet cleared Malhotra's name, who has been appointed as the RBI Governor for three years, starting Wednesday New Delhi: The government on Monday appointed Revenue...
PM Modi launches LIC’s ‘Bima Sakhi Yojana’
Prime Minister Narendra Modi is handing over Certificates to one of the Bima Sakhis in Panipat Under the scheme, the woman agents will also get a stipend of Rs 7,000 per month for the first year, Rs 6,000 per month in the second year and Rs 5,000 per month in the...
Auto retail sales up 11.21 pc in Nov riding on two-wheeler demand FADA
"although rural interest was present, it failed to significantly improve sentiment. Inventory levels have reduced by about 10 days, but to remain high at around 65-68 days"FADA President, C S Vigneshwar New Delhi: Retail sales of vehicles across categories in India...