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Viral social media post on cashless denial of policyholder ‘baseless’: Niva Bupa
The LinkedIn post, from health insurance and investments advisor Avigyan Mitra, stated that the patient with a Rs 2.40 crore policy was allegedly denied a Rs 61 lakh cashless claim for the life-saving procedure. Stating the allegation being made against Niva Bupa...
Income growth, demographics and awareness push Indians to opt for finances over physical assets: Goldman Sachs
This growth, according to the Goldman Sachs report, will translate into cumulative inflows of around USD 9.5 trillion into financial assets over the next decade, out of which it expects a significant portion (USD 4 trillion or more) to be allocated to long-term...
AIA Singapore engages Singapore Airlines Academy to redefine customer experience excellence
Leading health insurance provider AIA Singapore today announced that it has engaged Singapore Airlines Academy, the training arm of Singapore Airlines, to develop a curated talent development program for AIA Singapore. This initiative will see AIA Singapore...
Aon appoints Bonjay Koo as Enterprise Client Leader for South Korea
Aon plc today has appointed Bonjay Koo as Enterprise Client Leader, Asia Pacific in South Korea effective September 1. In this strategic role, Koo will be responsible for the delivery of integrated Risk Capital and Human Capital solutions to Aon’s enterprise and large...
Automakers report dip in vehicle dispatches in Aug as buyers await price cut in GST rejig
The country's largest carmaker Maruti Suzuki India reported an 8 per cent year-on-year dip in dispatches of passenger vehicles in the domestic market last month New Delhi: Leading automakers Maruti Suzuki, Hyundai, Mahindra, and Tata Motors saw a dip in dispatches to...
Cashless Chaos: AHPI asks 7 health insurance firms to revoke suspension, create affordable & sustainable model
Niva Bupa Health Insurance on Monday said it has suspended the cashless treatment facility at Max Hospitals across India. Bhabhtosh Mishra, Director and COO of Niva Bupa Health Insurance, said the company’s agreement with Max expired in May 2025. Talks over premium...
DII buying in India surpasses Rs 5 lakh crore mark for 2nd consecutive year
Provisional NSE data indicates that mutual funds, banks, insurers, and other domestic institutions net purchased Rs 5.13 lakh crore in equities so far in 2025, following a record Rs 5.25 lakh crore worth of purchases in 2024. Mumbai: Domestic institutional investors...
Novo Nordisk ties up with Apollo Clinics for obesity management initiative
Obesity in India affects more than 250 million adults and is linked to over 230 health complications, including cardiovascular disease, diabetes, cancer and obstructive sleep apnoea, the company said. New Delhi: Denmark-based healthcare firm Novo Nordisk on Monday...
SC rejects PIL against nationwide rollout of 20 ethanol-blended petrol
The Centre opposed the plea and claimed E20 fuel benefits sugarcane farmers.It also sought a direction to the authorities to mandatorily label ethanol content on all petrol pumps and dispensing units, making it clearly visible to consumers, and also to ensure that...
Earthquake destroys villages in eastern Afghanistan, kills at least 600 people
The quake late Sunday hit a series of towns in the province of Kunar, near the city of Jalalabad in neighboring Nangahar province. The 6.0 magnitude at 11:47 p.m. was centered 27 kilometers (17 miles) east-northeast of the city of Jalalabad in Nangarhar province, the...
Ajay Seth takes over as new IRDAI chairman
Ajay Seth, chairman, IRDAI Analysts expect Seth to hit the ground running with a massive growth agenda and Insurance for all by 2047, for the Indian insurance sector that generated over Rs 11 trillion premium in FY 25. Hyderabad: Former finance secretary Ajay Seth,...
MHA forms teams to aid Himachal, Jammu & Kashmir, Uttarakhand, Punjab in flood relief
These central teams will visit the flood and landslide-affected districts of Himachal Pradesh, Uttarakhand, Punjab and J&K, severely affected by heavy to extremely heavy rainfall and incidents of flash floods, cloudbursts and landslides during this monsoon season...
Uttarakhand: Landslide blocks tunnels of Dhauliganga project, 19 NHPC employees stuck for hours
The path leading to the normal and emergency tunnels of the 280 MW power project in the Ealagarh area near Dharchula here in the district was blocked due to a landslide caused by heavy rains Pithoragarh: Nineteen employees of National Hydroelectric Power Corporation...
People of Tripura lost Rs 51.49cr in cyber frauds since 2021 DGP
"Cybercriminals usually exploit people through fake electricity and gas bills, fraudulent investment schemes, impersonation of police or income tax officials, OTP theft, social media harassment, online lottery and fraud on hotel booking platforms," Tripura DGP Anurag...
NeGD achieves pan-India integration of nearly 2,000 e-govt services on DigiLocker, e-District platforms
The integrated services cover a wide spectrum of citizen needs including certificates, welfare schemes, utility payments and other essential facilities, thereby ensuring convenience, efficiency and transparency in delivery. New Delhi: The National e-Governance...
Govt links green credits for tree plantation to survival canopy cover
Green credits are rewards given for taking voluntary steps to protect the environment. Individuals, communities and companies can earn them through activities like planting trees, restoring mangroves, saving water, practising sustainable farming or managing waste in...
Public must use “look, touch, and feel” method to verify notes: RBI
M Rajeshwar Rao,Deputy Governor , RBI According to an official statement here, Rao said that while counterfeit currency circulation is minimal, the public must continue to use the "look, touch, and feel" method to verify notes. Chandigarh: Reserve Bank of India Deputy...
Motor Vehicle Tax shouldn’t be levied if vehicle not used in ‘public place’: SC
Motor vehicle tax is compensatory in nature. It has a direct nexus with the end use. The rationale for levy of motor vehicle tax is that a person who is using public infrastructure, such as, roads, highways etc. has to pay for such usage," the apex court said. New...