Welcome to My Blog
Here is a masonry blog layout with no sidebarStar Health’s rating upgrade
Star Health and Allied Insurance Company has achieved a credit rating upgrade from India Ratings and Research (Ind-Ra). The company's Long-Term Issuer Rating has been elevated to 'IND AA+' from 'IND AA', with a Stable outlook. Additionally, Star Health's subordinated...
LIC launches single premium group micro term insurance plan
Life Insurance Corporation of India has introduced Single Premium Group Micro Term Insurance Plan with effect from Oct 07. This plan is a Non-Participating, Non-Linked, Group, Pure Risk, Life Micro Insurance product. With a flexibility to choose term from 1 month to...
DGCA issues advisory to airlines on potential rudder system risk in Boeing 737 planes
Against the backdrop of the potential risk of a jammed or restricted rudder control system, the Directorate General of Civil Aviation (DGCA) has issued safety recommendations to Indian carriers Currently, Air India Express, Akasa Air and SpiceJet operate Boeing 737...
Investors’ wealth erodes by Rs 8.9 lakh cr as Sensex tumbles for sixth straight day
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 8,293.41 crore on Monday, while Domestic Institutional Investors (DIIs) bought equities worth Rs 13,245.12 crore, according to exchange data New Delhi: Market investors became poorer by Rs 8.90 lakh...
Indian auto retail sales fell 19%, inventory piles up
According to FADA President C.S Vigneshwar, “the Shraddh period further impacted sales negatively, leading to a YoY decline in retail sales across various categories” New Delhi: Passenger vehicle retail sales have dropped further and fell sharply by 19 per cent...
BC Patnaik quits as Member, Life, IRDAI
BC Patnaik, Member, Life, IRDAI Recently, Patnaik, who retired as a managing director of LIC in March 2023, has been selected as the director, National Insurance Academy(NIA) , Pune and is expected to take over his new academic assignment in mid Nov...
NSE Clearing warns investors, clearing members against fake communication
These fake circulars and letters, featuring the unauthorized use of NSE Clearing's logo and letterhead, have been circulating, asking individual investors to make payments concerning their allegedly frozen investment accounts New Delhi: NSE Clearing Ltd, an arm of...
AI can be as dangerous for world as nuclear weapons: EAM Jaishankar
S. Jaishankar,External Affairs Minister On the ongoing Middle East conflict, he said that today the fight is taking place only for economic corridors, land and sea, but in the future, there will be fights over climate change also. He further highlighted that the...
Mahindra Insurance Brokers launches its new reinsurance division in Dubai International Financial Centre
Salman Jaffery, Chief Business Development Officer of DIFC Authority, said: “We are delighted to welcome Mahindra Insurance Brokers to DIFC. The firm joins over 125 registered insurers, reinsurers, captives, MGAs and insurance-related entities in the Centre. Our...
The dark side of technology: AI-driven cyberattacks call for upgraded security measures
In September 2024, insurer firm Star Health experienced a significant breach that exposed the sensitive health information of its clients on Telegram chatbots. "Cyber criminals today are not operating manually; they are using AI to automate attacks. They are using...
FPIs withdraw Rs 27,142 cr in 3 trading sessions on geopolitical tensions
According to the data, FPIs made a net withdrawal of Rs 27,142 crore from equities between October 1 and 4, with October 2 being a trading holiday New Delhi: Foreign investors turned net sellers in October, offloading shares worth Rs 27,142 crore in just the first...
Data privacy is a major concern for insurance industry: LIC CEO
(LtoR) Siddhartha Mohanty, CEO and MD, Life Insurance Corporation and Satyajit Tripathi, Member (Distribution), IRDAI at an event organised by Pune based National Insurance Academy in Mumbai IRDAI’s methods for monitoring companies and intermediaries have...
10 people killed in flashfloods triggered by heavy rain in Meghalaya
Incessant rainfall has triggered landslides in Gasuapara region of the district Shillong: At least 10 people died, including seven of a family, in rain-induced flashfloods that ravaged Meghalaya's South Garo Hills district in the past 24 hours, officials said....
Researchers link climate shocks with increased domestic violence
"National data representing 156 countries suggest a significant relationship between intimate partner violence and a climate factor composed of storms, landslides and floods," the authors wrote Climate shocks such as floods and landslides are likely to lead to an...
Cyberattack cripples entire IT system of U’khand
Nikita Khandelwal, director, ITDA Information Technology Development Agency, said, "During scanning on October 2, it was found that the machine has been affected by malware, so as a precaution we have shut down our data centre, due to which all applications have been...
DoT combats Cyber-frauds: Central system to stop spoofed calls to be commissioned shortly
This system is being deployed in two phases: first, at the TSP level, to prevent calls spoofed with phone numbers of their own subscribers; and second, at a central level, to stop calls spoofed with the numbers of subscribers from other TSPs New Delhi: The Department...
Africa Specialty Risks to operate as a Lloyd’s service company on behalf of ASR Syndicate 2454
ASR Ltd is now able to write up to USD $10 million per risk across its Political Violence and Terrorism, Energy, Construction, Property, and Liability lines of business, with additional lines to be added, subject to necessary approvals London: Africa Specialty Risks...
ICMR inks pact with NTPC Vidyut Vyapar Nigam to promote solar energy in healthcare research
The partnership aims to equip Indian Council of Medical Research (ICMR) institutes across the country with solar power, supporting India's push towards renewable energy and sustainability, the statement issued by the Union health ministry said New Delhi: The ICMR has...