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Do fresh KYC of PM Jan Dhan accounts due for updation: DFS secretary to banks
During the meeting, Nagaraju suggested using all means for doing re-KYC — such as fingerprints, face recognition, taking declarations where no change in KYC documents occurred — through all channels like ATM, mobile banking, internet banking, and other available...
IFRS Ready: IRDAI to meet industry honchoes to finalise norms at 2-day Bima Manthan
Debasish Panda, chairman,IRDAI ``It is our endeavour to implement Ind AS (including Ind AS 117) for insurers in India from 1st April, 2027 based on our experience and learnings from the proforma submissions and the communication in this regard will be circulated at an...
Prasun Sikdar joins as Bima Sugam CEO
IRDAI has fixed Apr 19,2025 as the date of the launch of Bima Sugam. E&Y has been roped as a consultant to execute Bima Sugam Mumbai: Prasun Sikdar, the first MD & CEO of Bima Sugam India Federation, has assumed his new charge recently. Sikdar, who was earlier...
COP29: WHO demands urgent integration of health in climate negotiations
António Guterres, Secretary-General of the United Nations, said,``The climate crisis is also a health crisis. Human health and planetary health are intertwined. Countries must take meaningful action to protect their people, boost resources, cut emissions, phase out...
India to focus on climate finance, protecting vulnerable communities COP29
India's key priorities at the conference are likely to focus on ensuring accountability of developed nations on climate finance, strengthening resilience for vulnerable communities, and achieving an equitable energy transition, experts anticipate New Delhi: As world...
Sebi mulls expanding scope of unpublished price-sensitive information
In its consultation paper, Sebi has proposed that only agreements, including shareholder, joint venture and family settlement, that affect the management and control of the firm and are known to the firm should be considered price-sensitive and included in the...
Fraud detection system saves public assets worth Rs 2,500 cr: Scindia
Jyotiraditya Scindia, Union Minister for Communications "In terms of the number of marketing calls you get in your phone, the number of fraud calls that come in, we have put in place a full system to be able to tackle that. Our DoT fraud detection network has saved...
Food companies sell products that are less healthy in poorer countries, says report
“It’s a very clear picture that what these companies are selling in the poorest countries in the world, where they are more and more active, are not healthy products.It’s a wake-up call for governments in these countries to be vigilant,” said Mark Wijne, research...
50-60 pc cancer cases detected in India annually are preventable, say oncologists
“We have an average of about 1.4 million new cancer patients being diagnosed every year. But 50-60 per cent of those can be prevented through government policies that bans tobacco, betel nut or areca nut, awareness and education of both clinicians as well as people...
24% deaths recorded in Delhi occurred due to infectious, parasitic diseases: Report
The number of institutional deaths due to cancer and related diseases were recorded at 6,054 during 2023, which was almost 12 percent more than 5,409 registered in 2022 New Delhi: A Delhi government report has attributed nearly 24 percent of the total about 89,000...
Boeing to face civil trial over 2019 MAX crash
Boeing has "accepted responsibility for the MAX crashes publicly and in civil litigation because the design of the MCAS … contributed to these events," an attorney for Boeing said at an October 11 court hearing. New York: Beleaguered aviation giant Boeing is set to...
China unveils $1.4 trillion local debt package but no direct stimulus
In an apparent reaction to the U.S. election and the intensifying risks to trade, state media CCTV reported that China's cabinet on Friday approved expanding coverage of export credit insurance and will step up support for trade firms Low wages, high youth...
Emerging Indian Risks: Managing political, technological, environmental, economic, and competitive forces
Neelesh Garg, Managing Director & CEO,TATA AIG General Insurance Company As benign risk environments fade, resiliency is key to thriving amid challenges. Emerging risks are grouped into four categories: Known Knowns (predictable risks), Known Unknowns (risks with...
Max Life partners with Numr to elevate customer experience through predictive analytics
Max Life Insurance Company has announced a strategic partnership with Rebuscode, a wholly owned subsidiary of Numr Canada, a pioneer in digital customer insights and predictive analytics. This collaboration aims to leverage Numr's advanced analytics capabilities to...
To bring down deaths safety must get highest priority while constructing roads Gadkari
Nitin Gadkari,Union Minister of Road Transport and Highways "Every year 1.50 lakh deaths due to road accidents are reported which has now increased to 1.68 lakh. Efforts are on to improve the shortcomings in road engineering and automobile engineering but defective...
Andhra CM launches demo seaplane flight from Vijayawada to Srisailam
With seaplane services, the state government aims to position Andhra Pradesh at the forefront of India's water-based aviation sector Amaravati: Andhra Pradesh Chief Minister N Chandrababu Naidu on Saturday launched a seaplane demo flight operation from Prakasam...
Spain floods to trigger total insurance losses in excess of $3.8 billion, will have limited impact on local re/insurers
Another rating agency S&P has said the catastrophic flash floods that hit the Valencia region on Oct. 29 will have limited effects on private insurers and reinsurers. Around 4,500 businesses in the Valencia area have been directly affected, half of which face...
Indian stock market remains on consolidation path, DIIs absorb heavy selling
DIIs have been a strong buyer absorbing the selling and mitigating the fall. They infused more than Rs 1 lakh crore in Indian equities in October, keeping the stock market healthy compared to its global peers. After the massive FII selling of Rs 113,858 crore in...