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EPFO to launch Aadhaar-based portal to unlock dormant PF accounts
Mansukh Mandaviya,Labour & Employment Minister The portal, E-PRAAPTI, will provide a streamlined Aadhaar-based authentication mechanism that will enable a member to access an old EPF account, which may not have a UAN (universal account number), and update their...
Govt proposes Motor Rules Amendments to expand ethanol, alternative fuel scope
Among key proposals, the draft raises the vehicle weight limit from 3,000 kg to 3,500 kg, bringing regulation in sync with global standards for light commercial vehicles. This means more vans, pickups, and small trucks will now fall under the same emission testing...
Indian Health Survey: Significant increase in healthcare access across country
The median out-of-pocket medical expenditure per hospitalisation case in 2025 was ₹11,285, indicating that over half of the country's hospitalisations involve relatively low expenditure. The report stated that only a small number of high-cost cases push up the...
Transactional risk insurance gains traction in India
Aditya Samag, Private Equity and M&A Leader, Marsh India, mentioned a clear shift in India to larger, more complex transactions, particularly in high-growth sectors such as technology, healthcare, and infrastructure.In this environment, transactional risk...
Female workforce participation rose from 23 % to 40% from 2017 to 2025: Mandaviya
Mansukh Mandaviya,Union minister, Ministry of Labour and Employment The minister also stressed the nearly three-fold expansion in India's social security coverage in the last ten years, from 19 per cent in 2015 to over 64.3 per cent in 2025, reflecting the outcome of...
Temasek, LIC, Canadian pension fund in line-up to sell stakes in India’s NSE IPO
Major state-owned insurers with significant stakes in the NSE as of March 2025 include Life Insurance Corporation of India (LIC) with 10.72%, and public sector general insurers like GIC, New India Assurance, National Insurance, and Oriental Insurance, each holding...
J&K blacklists Reliance General Insurance for 2 yrs for lapses in implementing its employees’ health schemes
It is not clear how the order of the J&K Government will be implemented as the Reliance General Insurance, which at that time was owned by Anil Ambani's Reliance Group, has now changed hands and changed its name also. It is now owned Hinduja Group and new name of...
Shipping traffic through Strait of Hormuz remains muted as US-Iran talks stall
Shipping traffic passing through the crucial waterway at the entrance to the Gulf during an uneasy ceasefire between Washington and Tehran represents a fraction of the average 140 daily passages before the Iran war began on February 28. At least seven ships – mainly...
Viksit Bharat not just about GDP but inclusive aspirations and shared prosperity: Sitharaman
Nirmala Sitharaman,Union Finance Minister Highlighting inclusivity, she said it is also about the Mogaveera fisherman on the Udupi coast having access to cold storage, digital markets and insurance, and about tribal youth in the forests of Dandakaranya having a seat...
Structural shift in Indian gold buy underway, 40 pc purchases in FY27 to be as investments: Report
"Geopolitical uncertainty, momentum in gold prices and portfolio diversification preferences are expected to continue fuelling investment demand for gold, with its share in overall gold consumption is projected at 35-40 per cent in FY27," domestic rating agency...
Affluent India shifts to experience-led spending, travel accounts for 58% of discretionary wallet: Report
Affluence is no longer restricted to metro cities, with emerging centres such as Ahmedabad, Surat, Jaipur and Lucknow showing consumption patterns similar to established urban markets like Mumbai, Delhi and Bengaluru. New Delhi: India's affluent consumers are...
All Indian Seafarers in Persian Gulf safe, vessels under monitoring: Shipping Ministry
"In the past 24 hours, there were certain incidents of firing on the foreign-flag vessels. Although none of the Indian vessels came under fire, we are worried for the Indian seafarers on these vessels," Additional Secretary, Ministry of Ports, Shipping and Waterways,...
WhatsApp banned 9,400 accounts involved in digital arrest scams since January this year: Centre to SC
A bench headed by Chief Justice Surya Kant, which had taken suo motu cognisance of online frauds, including digital arrests, had issued a slew of directions including asking the Reserve Bank of India , the Department of Telecommunications , and others to jointly hold...
Global fintech sector set to triple to USD 2 trillion by 2030 amid AI push: McKinsey
Global fintech revenues stood at around USD 650 billion in 2025, accounting for roughly 4 per cent of the broader financial services market. The report projects that the sector could grow to nearly USD 2 trillion by 2030 if current growth trends continue. New Delhi:...
SBI General appoints Shrish Mahuli as CBO
SBI General Insurance has appointed Shrish Ramchandra Mahuli as its chief business officer. With 24 years of experience across the insurance and automotive sectors,Mahuli will be responsible for driving the company’s overall business strategy, expanding distribution...
Aditya Gupta joins as Secy General of LI Council
Aditya Gupta,secretary general, Life Insurance Council LI Council is a forum that connects the various stakeholders of the sector and function as an active forum to aid, advise and assist insurers in maintaining high standards of conduct and service to policyholders....
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President Trump and his team discusing Iran’s proposal to end war
The proposal sent by Iran outlines a framework to reopen the Strait of Hormuz and bring an end to the conflict, with a condition that negotiations on its nuclear programme be held at a later stage. The Strait of Hormuz remains a critical maritime route for global...