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Domain expertise, aptitude guide central government and PSU appointments: Top PMO official
"Domain expertise, aptitude and reputation now guide appointments across the central government and PSUs. These changes have been sustained for nearly a decade, quietly reshaping governance to meet the aspirations of a fast-evolving India," P K Mishra, Principal...
MoF asks PSUs not to incur expenditure on gifts
In the interest of economy and judicious utilisation of public resources, it is imperative that such expenditure be discontinued, said a letter from Sumantra Pal, economic advisor, Department of Public Enterprises, MoF, to PSU CEOs and administrative ministries of...
Cyberattack disrupts check-in systems at major European airports
London Heathrow Airport, Europe's busiest, said a technical issue affected a service provider for check-in and boarding systems However, Indian airports have not faced any adverse impact so far in relation to the cyber attack on systems used at various European...
Consumer Affairs Ministry activates dedicated INGRAM portal to handle GST-related complaints
This category features major sub-categories, including Automobiles, Banking, Consumer Durables, E-commerce, FMCG and others, wherein GST-related complaints will be registered New Delhi: The Ministry of Consumer Affairs and Food & Public Distribution on Saturday...
Allahabad HC sends notice to Facebook Instagram others on objectionable video of seer
The petition demands that the central and state governments should enact mechanism to regulate various social media platforms and strictly enforce them Lucknow: The Lucknow bench of the Allahabad High Court has issued notices to Facebook, Instagram, Google and...
Howden to acquire Gravitas, to accelerate global Sport & Entertainment capabilities
This announcement follows Howden’s other recent Sport & Entertainment acquisitions across the world, including: UK performing arts insurance broker, Hencilla Canworth; German film and entertainment insurance broker Franz Gossler; and Boni Aldaya, Spain’s leading...
PFRDA chief favours flow of pension money into infra building
“We will certainly want to make sure there is a smooth flow of money to infrastructure bonds or infrastructure projects if Nabfid provides a credit enhancement guarantee,” Sivasubramanian Raman, the chairman of the Pension Fund Regulatory and Development Authority,...
Accessing Healthcare in Asia: Patients’ pain points
Following a diagnosis, almost 40 per cent of patients turn to digital sources, such as AI, when making decisions about their care. This reflects patients' desire to fill gaps in their knowledge and highlights a crucial need for trustworthy online resources. Patients...
Radian to acquire Inigo for $1.7 billion, to become a global multi-line specialty insurer
The company’s expansion into the Lloyd’s global specialty market follows a strategic review to diversify beyond its traditional mortgage insurance offerings London: -Radian Group today announced that it has entered into a definitive agreement to acquire Inigo Limited,...
IRDA chairman asks insurers to pass on full benefits of zero GST to customers
Ajay Seth,chairman,IRDAI Seth asked the insurers to strengthen and establish service standards for market conduct, compliance, risk management, and internal audit functions, along with creating a standing forum at the Life Council to examine Court awards and derive...
Climate change may up health risks, exceed $1.5 trn productivity loss by 2050: Report
“We are entering an era in which protecting worker health is proving essential to business continuity and long-term resilience,” said Eric White, Head of Climate Resilience, World Economic Forum Geneva: The rise in global temperatures is likely to cause severe health...
India moved to fewer GST slabs, but ‘not yet’ ready for one rate: FM
Nirmala Sitharaman,Union Finance Minister The finance minister described the ongoing reform process as part of “new generation GST reforms”, focused on making the system simpler and fairer, especially for the poor and middle class. Kolkata: Union Finance Minister...
Finance Ministry urges employees to opt for UPS before Sept 30 deadline
Around 31,555 central government employees had opted for the UPS till July 20, and the last date to enrol under the scheme is September 30 New Delhi: The Finance Ministry on Thursday asked government employees to opt for shifting to the Unified Pension Scheme (UPS)...
Gallagher teams up with Vanguard Tech to support clients with maritime risk and security insight
Gallagher can now provide clients with a tool which helps to estimate risk and an in-depth, automated assessment on vessel safety at the outset and throughout its passage, meaning the likelihood of an incident is vastly reduced and insurers receive an added level of...
Number of air travellers surges to about 25 crore in 2025: Ram Mohan Naidu
Supported by the visionary regional connectivity scheme UDAN, air travel in the country today is more available, accessible and affordable. New Delhi: The number of air travellers stood at around 11 crore in 2014 -- a figure that has now surged to about 25 crore in...
MobiKwik fraud triggers demand for deeper probe into fintech platforms
Industry experts said the MobiKwik case is not an isolated one. In August, Policybazaar Insurance Brokers Private Limited also lodged a complaint with Gurugram Police after fraudsters impersonated its employees, forged documents, and misused the company’s ID cards and...
Boeing, Honeywell sued by Air India crash victim families
The lawsuit filed on Tuesday in Delaware Superior Court blames Boeing and Honeywell , which made the switches, for the crash seconds after Flight 171 took off for London from the Indian city of Ahmedabad. The families of four passengers killed in the June 12 crash of...
AI plane crash Pilot’s father seeks another probe saying AAIB findings tarnished his son’s image
Amid speculations about the cause of the fatal crash after the release of its preliminary probe report on July 12, AAIB had asserted that it was too early to draw any "definite conclusions" on what led to the accident as the investigation was still on and that the...