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Here is a masonry blog layout with no sidebarBajaj Finserv consolidated profit after tax slips 2.63% to Rs 1,256 cr in Q3
Bajaj Allianz General Insurance Company's profit after tax declined to Rs 304 crore in the third quarter of this fiscal compared to Rs 330 crore in Q3 FY21 Mumbai: Diversified financial services firm Bajaj Finserv Ltd (BFS), which is having two insurance subsidiaries,...
NIA to train Liberty General Insurance on managing EV claims
This exclusive collaboration with NIA, will help insurer's claim’s team in understanding the future challenges involved while processing claims related to different part assemblies including Battery Packs, Battery cells, repairability of damages due to likely perils...
IRDAI effects reshuffle among sr officials
Randip Singh Jagpal, who has been a CGM in one of the most important portfolio- Department of Intermediaries, for many years ,has been shifted to Consumer Affairs Department. AR Nithiyananthan, CGM who was in charge Information Technology(IT) will now be heading...
Govt panel calls for regular market approval for Covishield, Covaxin
"The Subject Expert Committee (SEC) on COVID-19 of the Central Drugs Standard Control Organisation (CDSCO) which reviewed SII and Bharat Biotech's application for the second time on Wednesday has recommended granting regular market approval to Covishield and Covaxin...
Indian stock markets slump for 3rd straight day; Sensex down 516 points
The benchmark Sensex is trading deep in the red for the third consecutive session. The Sensex had lost 656 points and 554 points in the previous two trading sessions, respectively Mumbai: The Indian equities markets key indices tumbled for the third straight day on...
India logs over 3.17 lakh COVID-19 cases; daily positivity rate 16.41 pc
The country has so far registered 9,287 cases of COVID-19 variant Omicron. There is an increase of 3.63 per cent in its cases since Wednesday, as per the ministry. To detect the presence of the virus, 19,35,180 tests were conducted in the last 24 hours New Delhi:...
Millionaires group calls for wealth tax at virtual Davos
According to a study conducted by the Patriotic Millionaires together with Oxfam and other non-profits, a progressive wealth tax starting at 2% for those with more than $5 million and rising to 5% for billionaires could raise $2.52 trillion, enough globally to lift...
Rising premium growth, govt reforms to strengthen insurers’ profitability: Moody’s Report
''The Indian insurance industry's growth prospects are favourable, underpinned by an expected 9.3 per cent GDP expansion in fiscal 2021, which ends March 2022, and by strong demand for health insurance in the wake of the pandemic,'' Moody's Investors Service said in...
UK regulatory shake-up could address lack of domestic commercial reinsurance -lobby group
Britain's upper chamber of parliament, the House of Lords, said late last week that its Industry and Regulators committee of lawmakers was launching an inquiry into the regulation of the London insurance market and how to improve the regulatory set-up for the industry...
5G scare: AI cancels 8 US flights; DGCA working to overcome situation
Air India stated on Twitter that it won't be operate eight India-US flights on Wednesday "due to deployment of the 5G communications in the US". These eight Air India flights were: Delhi-New York, New York-Delhi, Delhi-Chicago, Chicago-Delhi, Delhi- San Francisco, San...
Risk mitigation in insurance key to drive penetration: Official
Both the government and the Insurance Regulatory and Development Authority of India are working together on how to drive the penetration of products, innovation and distribution, he said. said Saurabh Mishra,Joint Secretary,Department of Financial Services New Delhi:...
ICICI Lombard General Q3 profit remains flat at Rs 318 cr
Bhargav Dasgupta, managing director and CEO, ICICI Lombard General Insurance said that the profit was crimped by the rising cost pressure from marketing expenses as a section of the industry has been going aggressive on this front whittling the higher gains from...
DGCA to probe two IndiGo planes’ near collision over Bengaluru airport
Officials of Directorate General of Civil Aviation (DGCA) said that the two IndiGo planes -- 6E455 (Bengaluru to Kolkata) and 6E246 (Bengaluru to Bhubaneswar) -- were involved in 'breach of separation' at Bengaluru airport. Breach of separation happens when two...
India extends ban on international commercial flights till Feb 28
"This restriction shall not apply to international all-cargo operations and flights specifically approved by the DGCA. However, flights under Air Bubble agreement will not be affected," stated the notification New Delhi: India's civil aviation regulator, the DGCA, on...
Major percentage of India’s workforce considering changing jobs in 2022: LinkedIn
“As confidence in new opportunities grows, it is evident that the Great Reshuffle in India is clearly being led by job seekers, and talent is in the driver’s seat right now – with flexibility as their no. 1 priority today,” mentioned Ankit Vengurlekar, India Managing...
SEBI examines alternate dispute resolution mechanism for investors, regulated entities
SEBI in November 2021 published the 'Investor Charter' for securities markets to further augment its efforts to protect investors’ interests, promote transparency in markets and enhance awareness, trust and confidence among investors. Since then, various steps have...
Agriculture: Gradual shift towards the implementation of green practices
Weeds, diseases, and pests cost Rs 45,000 crore every year, causing roughly 20% of crop output to be lost. India will need to increase agricultural production and productivity to ensure food and nutrition security as its population grows. The Indian agrochemical...
India reports over 2.8 lakh new COVID-19 cases, daily positivity rate at 15.13 pc
As per the health ministry, there is an increase of 0.79 per cent in Omicron cases since yesterday. The daily positivity rate is at 15.13 per cent while the weekly positivity rate is 15.53 per cent. Meanwhile, the country's recovery rate stands at 93.88 per cent India...