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Demand for private jets helicopters likely to rise up to 40 pc during LS polls
"There will be an exponential demand for private jets and the demand is expected to outstrip the availability of chartered planes and helicopters. There is a limited supply of chartered planes and helicopters," Club One Air CEO Rajan Mehra New Delhi: As political...
CBDT starts sending emails, SMSs to assessees for mismatch in tax profile, fin transactions in FY24
``On the basis of analysis of the taxes paid so far during the current financial year, the Department has identified suchpersons/entities where payment of taxes for F.Y. 2023-24(A.Y. 2024-25) is not commensurate with the financial transactions made by the...
Women face gender and pay discrimination, claims new survey
DBS Bank’s Managing Director Kishore Poduri said that women constitute half of the global workforce and around 30 per cent of the employee base in India, and the survey findings can address many issues to help them thrive personally and professionally Mumbai: Women...
FPIs inject over Rs 6,100 cr in equities in March on strong economic growth and market resilience
"FPI inflows have shown a positive trend as compared to the previous month. Thanks to the recent announcement of Q3 GDP numbers at 8.4 per cent, persistence performance of large Indian corporates being major factors for turning the tide green for the Indian equity...
Hackers stole ‘Sensitive’ data from Taiwan Telecom giant: Ministry
"The initial analysis of this case is that hackers obtained Chunghwa Telecom's sensitive information and sold it on the dark web, including documents from the armed forces, foreign affairs ministry, coast guard and other units," the defence ministry confirmed in a...
Republican-led states sue US SEC over climate risk disclosure rules
The rules aim to standardize climate-related company disclosures about greenhouse gas emissions, weather-related risks and how companies are preparing for the transition to a low-carbon economy Ten Republican-led states in US have sued to challenge new federal rules...
Lloyd’s of London underwriting profit doubles to $7.52 billion in 2023
Gross written premiums rose by 11.6% to 52.1 billion pounds across the commercial insurance market, which has more than 50 member firms, Lloyd's said in an unscheduled trading update ahead of full results on March 28 LONDON: Lloyd's of London's underwriting profit...
18% of India’s population requires assistive care solutions, says former DGHS
R K Srivastava, former director general of health services at the Union Health Ministry, added that these solutions were vital for improving the quality of life and social inclusion of the elderly, long-term hospital patients and individuals with congenital or...
Cabinet approves over Rs 10,000 crore to boost India’s AI ecosystem
By democratising computing access, improving data quality, developing indigenous AI capabilities, attracting top AI talent, enabling industry collaboration, providing startup risk capital, ensuring socially impactful AI projects, and bolstering ethical AI, it will...
PFRDA inaugurates app for financial inclusion, boost NPS
PFRDA Chairperson Deepak Mohanty on Thursday launched a web application developed by Zerodha Broking Limited to provide easy access to NPS for subscribers. The app offers seamless access to NPS to a wider subscriber base, the Pension Fund Regulatory and Development...
Odisha signs MoUs to develop landslide early warning & multi-hazard impact-based warming dissemination systems
These collaborations will strengthen the government’s preparedness for managing disasters through impact based forecasting, early warning dissemination and last mile connectivity. This will empower the people of Odisha to leverage technology to mainstream disaster...
Future Generali India Insurance launches women-health insurance plan
Anup Rau, managing director and CEO, Future Generali India Insurance 75% of women believe that existing health insurance policies fall short of addressing women-specific needs, says an exclusive survey by Future Generali India focusing on gauging the pulse of Indian...
Bajaj Allianz General launches a Gen AI powered Bot “Insurance Samjho”
Bajaj Allianz General Insurance has launched "Insurance Samjho" a Gen AI powered Bot. This revolutionary next-generation AI technology bot is designed to simplify insurance complexities, empower customers with knowledge about their policies with easy-to-understand...
UK based Euromax Capital picks up 25% stake in Integrated Risk Insurance Brokers
UK based investment bank Euromax Capital has picked a 25 per cent stake in Indian insurance broker Integrated Risk Insurance Brokers (IRIBL). The deal has received approval from the Insurance Regulatory and Development Authority of India (IRDA), said the company.. ``I...
ICICI Lombard appoints Anand Singhi as its new Chief – Retail and Government Business
ICICI Lombard General Insurance has appointed Anand Singhi as its new Chief – Retail and Government Business. With an experience spanning over two decades in the company, Singhi has handled key functions in the company such as Business Operations, Underwriting,...
Higher reinsurance costs and growing catastrophe budgets to erode profits of Asia-Pacific insurers: S&P
"With central banks across Asia-Pacific looking to adjust interest rates at different times, relative value of assets and returns, as well as hedging costs, could move," said Craig Bennett, credit analyst at S&P Global Ratings Melbourne: International rating...
Equity MFs inflow nears 2-yr high at Rs 26,866 cr in Feb on strong NFO push
''As we delve into the Feb 2024 data, we observe that there is a surge in SIP accounts, totalling 8.20 crore with 49.79 lakh new SIP registrations. This underscores investors' unwavering commitment to disciplined wealth accumulation,'' Venkat Chalasani, Chief...
Indian women turn smart investors, beat men in SIP investments: Report
Goal-based investing has emerged as a key point for women investors, with retirement and children's education taking precedence New Delhi: At least four in ten women are new investors in the country, starting investing early in life in instruments like Systematic...