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Here is a masonry blog layout with no sidebarLIC’s stake in HUL crosses 5%
Life Insurance Corporation of India (LIC) on Monday said its stake in FMCG major Hindustan Unilever Limited (HUL) has crossed 5 per cent. The Corporation has increased its shareholding in Hindustan Unilever Limited from 11,74,63,555 to 11,77,18,555 equity shares,...
GeM portal marks over ten fold growth in two year, Rs 80K crore saved so far
With over 12,070 product categories and 320+ service categories, GeM has emerged as a one-stop solution for seamless public procurement, offering sellers and service providers across the nation an opportunity to showcase their products and services transparently New...
India preferred destination for digital investments; focus on AI, big data, and cybersecurity intensifies: Nasscom
''Nearly 90 per cent of companies have signalled plans to boost investments in key digital technology areas in 2024, including artificial intelligence (AI)/machine learning (AI/ML), big data analytics, cloud computing, cybersecurity, and intelligent automation,'' it...
Hong Kong approves first bitcoin, ethereum spot ETFs
The step comes just three months after the U.S. launched the first U.S.-listed ETFs to track spot bitcoin. The U.S. launch set an example for other regions as it has already drawn roughly $12 billion in net inflows Hong Kong: Hong Kong's securities regulator approved...
FADA launches dealer satisfaction study to enhance relations with finance & insurance companies
Manish Raj Singhania, President of FADA, expressed his enthusiasm for this initiative, highlighting its significance in understanding the dynamics of dealer-Finance and Insurance company relationships. He emphasized that the study would serve as a platform to address...
India’s passenger EV market will hot up in next 3-4 years
Now with reports of Tesla's entry in the Indian market, and its CEO Elon Musk India visit this month, experts say Indian EV market will see immense growth in next few years. Currently Tata Motors held over two-thirds of the country's EV market, but Mahindra &...
Liquidity from global equity markets fuelling fresh investment in gold
“Concerns over the length and breadth of the equity rallies worldwide have led some investors, including large institutional investors, to hedge their bets by safeguarding equity portfolios with some gold,'' global bank HSBC said in its research note New Delhi: The...
Sensex tanks over 900 points on concerns over Middle East conflict weak global trends
"There are many headwinds that will weigh on markets today: the renewed conflict in the Middle East, proposed changes in the India-Mauritius tax treaty and the hotter-than-expected US inflation are negatives," said V K Vijayakumar, Chief Investment Strategist, Geojit...
Panda wants Bima Sugam up and running by Apr 19, 2025 coinciding with IRDAI’s 25th foundation day
Debasish Panda, chairman, IRDAI Apr 19,2025, is the 25th foundation day of the Hyderabad based regulator and IRDAI chief chosen that day to launch Bima Sugam , which is expected to usher in the `UPI moment' in the Indian insurance industry Mumbai: Debasish Panda,...
BJP Manifesto 2024: PM Modi promises to make India a global insurance hub
Prime Minister Narendra Modi Every elderly person above the age of 70 years will be brought under the ambit of Ayushman Yojana Further strengthening the PM Fasal Bima Yojana through more technological interventions to ensure speedy and more accurate assessment, faster...
LS polls: Demand for pvt jets up to 40%; operators to rake in more profit
"There is an increase in demand for helicopters and it is up to 25 per cent more in the election period compared to the normal period. The supply is less compared to the demand," Rotary Wing Society of India (RWSI) President (Western Region) Captain Uday Gelli told...
LIC sees 59 pc jump in value of investments in Adani stocks
The value of LIC’s investment in seven Adani group companies has soared from ₹38,471 crore as on March 31, 2023 to ₹61,210 crore on March 31, 2024, registering an increase of ₹22,378 crore, according to stock exchange data LIC, the State-owned insurance behemoth, has...
Middle East tensions: India may suspend flight ops to Israel
''We are closely monitoring the developing situation in the Middle East. Presently, our aircraft will operate on alternative flight paths to and from India, according top priority to the safety of our passengers and crew,'' an Air India spokesperson said in a...
Finmin for enhanced KYC, due diligence for merchants & banking correspondents to check fraud
During 2023, as many as 11,28,265 cases of financial cyber fraud worth Rs 7,488.63 crore were reported, as per the data compiled by National Crime Records Bureau (NCRB) To strengthen the mechanism to deal with cyber crimes in a comprehensive and coordinated manner,...
EU regulator rules out link between weight-loss drugs and suicidal thoughts
The analysis started in July after Iceland's health regulator flagged three cases of patients thinking about suicide or self-harm after using Novo's drugs The European Union drug regulator found no evidence that a class of diabetes and weight-loss drugs such as Novo...
France is proposing to allow terminally ill patients to take lethal medication
A team of medical professionals would need to confirm that the patient has a grave and incurable illness, is suffering from intolerable and untreatable pain, and is seeking lethal medication of their own free will. Those with severe psychiatric conditions and...
Remove Bournvita from category of ‘health drinks’: Govt tells e-commerce firms
Earlier, the NCPCR had called upon the Food Safety and Standards Authority of India (FSSAI) to initiate action against the companies that failed to meet safety standards and guidelines and were projecting power supplements as ‘health drinks’. New Delhi: The Ministry...
Lloyd’s of London inadequate on ESG, Report says
French insurer Axa SA topped the property & casualty league table, while Japan’s Sony Financial Group came bottom London: The Lloyd’s of London insurance market’s environmental, social and governance standards are weak, as its members have exposure to fossil fuel...