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Sebi working on AI tool to curb misselling by mutual funds: Buch
''We are working on the question of misselling that may happen by a mutual fund distributor or an agent or by someone who is the responsibility of the mutual fund,'' Madhabi Puri Buch said while speaking at the fourth Global Fintech Fest Sebi has proposed a...
Huawei files lawsuit in Portugal over ban on supplying 5G
Europe and the U.S. have concerns that Chinese involvement in critical infrastructure could compromise security. Beijing and Huawei reject such suggestions Chinese technology giant Huawei has filed a lawsuit with a Lisbon court against a resolution by Portugal’s...
S&P Global raises reinsurance sector view to stable from negative on higher prices
Analysts at S&P Global and Moody’s also told media briefings on Tuesday that they expected rates to rise further in 2024, after reinsurers took the brunt of catastrophe losses in recent years S&P Global has raised its view of the global reinsurance sector to...
Reliance Gen ties-up with OLA Electric for its Extended Warranty Product of Two-Wheelers
Reliance General Insurance has tied-up with OLA Electric for its Extended Warranty Product of Two-Wheelers . The Extended Warranty Product addresses customer concerns around battery life and performance. The battery cover offers to protect the battery life beyond the...
Tokio Marine Kiln appoints Joe Pickford as Aviation Underwriter
This appointment follows the continued development and expansion of TMK’s business in the Asia Pacific region, where it has operated since 2007. Other recent new hires include special risks underwriter, Cindy Gunawan, and cyber underwriter, Sam Bye Singapore: Tokio...
FM asks financial entities to ensure customers nominate heirs
Union Finance Minister Nirmala Sitharaman asked fintech companies to invest in cybersecurity and said that trust is very important Mumbai: India's financial ecosystem has made a giant stride from being conventional to fintech-driven and the new solutions have helped...
Health Insurance: 68% of Indians have health cover under Rs10 Lakh, ACKO Health Insurance Index
“Understanding the customer's mindset regarding their health insurance needs is crucial. It is important to know how they evaluate their options and what gaps they want their insurers to fill. The ACKO Health Insurance Index has identified these gaps when it comes to...
Automobile retail sales see 9 pc growth in August: FADA
The total retail sales across segments rose to 18,18,647 units last month, up 9 per cent, from 16,74,162 units in August 2022. Passenger vehicle registrations increased by 7 per cent to 3,15,153 units last month from 2,95,842 units in August 2022 New Delhi: Automobile...
FEATURE-India’s women gig workers organise with WhatsApp, secret meetings
India is one of the largest and fastest-growing markets for the so-called gig economy, with nearly 8 million workers in 2020-21, and forecast to expand to 24 million workers by 2029-30, according to government think-tank NITI Aayog Women make up a very small part of...
Precarious employment conditions may increase risk of early death: Study
“This is the first study to show that changing from precarious employment to secure employment can reduce the risk of death,” says the paper’s last author Theo Bodin, assistant professor at the Institute of Environmental Medicine, Karolinska Institutet Precarious...
Bima Sugam: IRDAI sets a new deadline of July 2024, forms insurers’ panel for its execution, to select a consultant soon
Cyril Amarchand Mangaldas (CAM) has been appointed as the legal counsel for the project. Responsibilities of CAM will include incorporation of Section 8 not-for-profit company which will be the company owning the Bima Sugam platform The platform will support all...
Women are less happy than men – a psychologist on why and four things you can do about it
Studies show that when women engage in regular physical activity it increases self-acceptance and personal growth. Aerobic exercise is particularly helpful for cognitive health as women age. High impact, weight-bearing exercise such as jumping and running improve bone...
No link between Covid vaccines used in India and heart attack risk: Study
''Our study found that vaccines used in India are safe. There was no association of vaccination in India with heart attack. In fact, the study found that there were less chances of death after heart attack in vaccinated individuals,'' Mohit Gupta, who led the study,...
Prez to launch Ayushman Bhava campaign on Sep 13
''India's goal of Universal Health Coverage shall be possible only when each village of India is healthy. To build momentum for enhanced awareness about various healthcare schemes and to saturate critical healthcare services in every village, the Ministry of Health...
45% phones carried Covid-19 virus during pandemic: Study
"You can wash your hands as many times as you want but as soon as you touch your mobile phone, you cross-contaminate yourself all over again.Mobile phones are in the hands of billions of individuals, negating lifesaving hand-washing practices and might be responsible...
15-20% spinal injuries in India due to road accidents, says doctor
"We are receiving more and more patients of trauma and spinal cord injuries now due to the increasing number of road accidents.This may be due to the low level of safety standards in vehicle manufacturing, absence or inadequacy of appropriate safety measures in...
‘Market will have a negative view of GIC Re if clubbed with GIPSA’: GICOA
The reinsurer's CMD has communicated to the Department of Financial Services several times to keep GIC Re separate from GIPSA With about 500 employees GIC Re is making good profits. The attrition rate has increased nowadays owing to attractive pay packets offered by...
Govt invites bids to engage asset valuer for IDBI Bank sale
The Department of Investment & Public Asset Management (DIPAM), on behalf of Gol and LIC, on Monday floated an RFP to engage a ''reputed Asset Valuer Entity -registered with Insolvency & Bankruptcy Board of India (IBBI), to act as the Asset Valuer for...