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Common people suffer from exploitation of insurance firms, private hospitals: Raghav Chadha in Parliament
Sometimes cashless treatment is denied, sometimes claims are rejected, and sometimes a patient has to chase the insurance company for months for reimbursement. This is exploitation,"Aam Aadmi Party's Rajya Sabha MP Raghav Chadha said in Parliament New Delhi: Common...
IndiGo cancels over 100 flights on crew woes; DGCA probes situation, seeks mitigation plans
The sources said over 100 IndiGo flights were cancelled at various airports, including Delhi, Bangalore, Mumbai and Hyderabad. At least 42 flights were cancelled at the Bangalore airport, 38 flights at the Delhi airport, 33 at the Mumbai airport and 19 at the...
Thailand floods “paralyzed” flow of high tech components and car parts to neighboring Malaysia
The floods are the worst on record for southern Thailand, with the government estimating the damage at around 500 billion baht ($15.6 billion). Thailand said floods that have devastated much of the country’s south have “paralyzed” the flow of high tech components and...
FSIB selects NIC’s Sivasankar to become NIA’s ED
The head hunting institution of the government interfaced with three candidates, Chandra Iyer, GM , NIA, V. Balkrishna, GM, GIC Re and Sivasankar, on Wednesday for selecting a new ED for NIA New Delhi:The Financial Services Institutions Bureau(FSIB) has chosen S...
Fake news threat to democracy, govt working to curb it, says Union minister Vaishnaw
"Fake news is a very serious issue. Fake news is a threat to democracy. There is a need to take strict action against fake news and AI-generated deep fake videos," he said during Question Hour New Delhi:Terming fake news as a threat to democracy, Union Minister for...
Social security coverage rises to 64% from 19% in 2014: Mansukh Mandaviya
Labour and Employment Minister Mansukh Mandaviya noted that 94 crore people in the country are currently covered under accident, health and pension benefits, placing India just behind China, which covers 107 crore people New Delhi: India has expanded social security...
AXA & Insurance Development Forum raise $340 million Infrastructure Resilience Development Fund
This debt fund will invest in small to medium-sized commercial infrastructure projects across Latin America, Asia, and Africa. It aims to build a diversified portfolio of resilient infrastructure assets, including clean water and water management, waste management,...
Snooping not possible with Sanchar Saathi app: Scindia
Union Communications Minister Jyotiraditya Scindia repeated that activation is entirely voluntary and requires user registration. “If you register it, it will remain active. If you don’t register it, it will remain inactive,” he said New Delhi: Union Communications...
D&O Market in 2026:Geopolitics and cyber drive risk exposures
For D&O insurers, the US especially is a highly complex market due to its high frequency of securities class action claims and surging average settlement costs, which rose by 27% in the first six months of 2025 to US$56mn Asia-domiciled risks are seeing heightened...
AI-based monsoon forecasting scheme implemented
Telephonic farmer feedback surveys were conducted in Madhya Pradesh and Bihar through Kisan Call Centres after the forecasts were sent. The survey revealed that 31–52% farmers adjusted their planting decisions, primarily through changes in land preparation and sowing...
Black Sea shipping insurance rates rise after Ukraine attacks tankers
War risk rates for a typical seven-day voyage period, which are set by individual underwriters and are based on the value of the ship, rose to 0.5% for calls to Ukrainian ports from 0.4% over a week ago, shipping and insurance sources said The cost of shipping...
No proposal for merger or disinvestment of public sector banks: Govt
Replying to a question in the Rajya Sabha on whether the government has plans to disinvest four PSBs or to merge with larger banks by 2026, Minister of State for Finance, Pankaj Chaudhary, said: "Presently, no proposal on merger or disinvestment of Public Sector Banks...
Over 1,200 dead from floods in Indonesia, Sri Lanka, Thailand as rescue efforts intensify
The flooding and landslips killed at least 1,230 people, with 659 people confirmed dead in Indonesia, 390 in Sri Lanka and 181 in Thailand, authorities said Tuesday (December 2, 2025).In Indonesia, the hardest-hit nation, rescuers are struggling to access villages in...
Users free to keep or delete Sanchar Saathi: Jyotiraditya Scindia
According to the direction dated November 28, all mobile phones that will be manufactured in India or imported after 90 days from the date of issuing of the order will need to have the app “If you want to delete it, then delete it. But not everyone in the country...
Messaging Apps like WhatsApp to work only with active SIM, DoT tightens cyber norms
The Centre's latest directive means that these messaging services would only work if the SIM is present and active in the user's device. New Delhi: The Centre has issued directions that would ensure app-based communication services, the likes of WhatsApp, Signal,...
SC entrusts CBI with pan-India probe into digital arrest cases, asks States to accord assent
On November 3, the top court said it needs to deal with digital arrest cases with an iron hand, while expressing shock over the scale of such cybercrime cases in the country, with over Rs 3,000 crore allegedly extorted from victims, including senior citizens. New...
Ramakrishnan Chander takes over as MD of LIC
Ramakrishnan Chander,58, has taken charge as one of the managing directors of Life Insurance Corporation on Monday. He was earlier an executive director of the corporation, He will be retiring on Sept 30, 2027 or until further orders, whichever is earlier, said LIC. A...
RBI governor releases five-year national financial inclusion strategy
Sanjay Malhotra,,Governor,Reserve Bank of India The 'National Strategy for Financial Inclusion (NSFI): 2025-30 emphasises a synergistic ecosystem approach, improving the quality and consistency of last-mile access and effective usage of financial services.These...