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Here is a masonry blog layout with no sidebarAllianz eyes 51% of Singapore’s Income Insurance with $1.6 billion offer
Allianz said the deal will turn it into the fourth-largest composite insurer in Asia, adding a household name in Singapore that distributes a full range of life and non-life products. Chief Executive Officer Oliver Baete, who is expected to outline new financial...
Consumer commission slaps Rs50k fine on insurance company for deficiency in services
Taking note of the evidence before it, the commission comprising President Inder Jeet Singh observed that the denial of the claim by the insurance company was "arbitrary, without any valid ground and contrary to the terms and conditions of the policy", besides...
Modern bills like proposed digital competition law must conform to Constitution SC judge Kohli
"The impact of the Bill on various sectors and domains of the digital economy, including user experience, data protection and security, supply chains, investments, business costs and consumer affordability would have to be seen," Supreme Court judge Hima Kohli said...
IMF raises India’s GDP growth forecast to 7 pc for 2024-25
"The forecast for growth in India has also been revised upward, to 7 per cent, this year, with the change reflecting carryover from upward revisions to growth in 2023 and improved prospects for private consumption, particularly in rural areas," the IMF said in its...
6 candidates to be interviewed for selecting member, Non-Life, IRDAI on Thursday
The candidates are- Rejeshwri Singh, CMD, National Insurance Company, Randip Singh Jagpal, executive director, IRDAI, CS Radhika, general manger, United India Insurance UII and three other candidates from the private sector insurance industry-Deepak Sood, a consultant...
Robust economies set to drive global insurance growth and profitability, says Swiss Re
Jérôme Haegeli, Group Chief Economist, Swiss Re Jérôme Haegeli, Swiss Re's Group Chief Economist says, "The insurance industry has reached a new equilibrium after the challenges of recent years. The global economy has surprised on the upside, which should drive more...
Budget FY25: Healthcare leaders call for scaling up infra, medical tourism & tax reforms
Chronic diseases, building climate-resilient health structures, and the one health policy may be some of the other critical areas to target New Delhi: Prioritising and scaling up investment, infrastructure, medical tourism, and tax reforms will be key to creating a...
Be wary of scams as Amazon Prime Day kicks off, experts warn
In updated guidance published last week, the Better Business Bureau reminded consumers to watch out for lookalike websites, too-good-to-be-true social media ads, and unsolicited emails or calls during sales events this month.Consumers might need to be more vigilant...
Google in talks to buy Wiz in $23 billion cyber deal
The acquisition of Wiz could help Google catch up to Microsoft Corp. and Amazon.com Inc. in an increasingly competitive cloud market. Google parent Alphabet Inc. is in talks to acquire cybersecurity startup Wiz Inc., according to a person familiar with the matter. A...
Ships fleeing the Red Sea now face perilous African weather
Storms near the African coastline are playing havoc with the key route that vessels have been using to avoid attack by Yemen’s Houthi militants in the Red Sea. Container ships in particular have diverted thousands of miles around the continent, instead of running the...
Insurers hike rates as extreme storms like Beryl proliferate
Global insurance giant Swiss RE expects the broader sector’s return on equity, a key measure of profit, to grow 9.5% in 2024, well above last year’s 3.4% growth Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas...
Case study highlights hidden health risks of prolonged exposure to pigeons
Hypersensitivity Pneumonitis results from inflammation, brought about by the immune system in response to repeated exposure to certain environmental substances, such as bird allergens, moulds and fungi. Second-hand exposure to e-cigarettes too could result in an...
Mutual funds raise Rs 14,370 crore via new fund offers in June
Investment in the mutual fund industry is continuously increasing. In June, inflow figures stood at Rs 40,608 crore. There was an inflow of Rs 34,697 crore in May with NFOs investment of Rs 9,563 crore Mumbai: Mutual fund industry witnessed strong inflow via new fund...
Union Health Minister J P Nadda reviews Ayushman Bharat and Ayushman Bharat Digital Mission
J P Nadda,Union Minister of Health and Family Welfare Scheme has achieved significant milestones in terms of 34.7 crore Ayushman Cards, 7.35 crore hospital admissions amounting to more than ₹1 lakh crore NHXC has been developed by NHA in collaboration with Insurance...
One in two medical prescriptions issued in India deviated from standard guidelines Study
The researchers found that among the 475 prescriptions they deemed to show unacceptable deviations from the standard guidelines, pantoprazole was prescribed the most often -- in 54 of them New Delhi: Nearly one in every two medical prescriptions issued in India...
FPIs invest Rs 15,352 cr in equities in first two weeks of Jul
This came following an inflow of Rs 26,565 crore in equities in June on the back of political stability and a sharp rebound in markets New Delhi: Foreign investors infused Rs 15,352 crore into Indian equities during the first half of this month, driven by the...
Govt may introduce insurance laws amendment bill in Budget session
Some of the provisions, which could be part of the amendment bill, include composite license, differential capital, reduction in solvency norms, issuing captive license, change in investment regulations, one-time registration for intermediaries and allowing insurers...
Aim is to make Mumbai global fintech capital, says PM Modi
Prime Minister Narendra Modi Eight crore new jobs in last 3 to 4 years Mumbai: Prime Minister Narendra Modi on Saturday has said he wanted to ensure emergence of Maharashtra as the world’s big financial powerhouse and make Mumbai a global fintech capitaland to make...