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Indian
PB Fintech arm gets payment aggregator licence from RBI
The paid-up share capital of the proposed company will be Rs 27...
ICICI Lombard’s net profit slips 2% to Rs 510 crore in Q4FY 25
Sanjiv Mantri, MD &CEO, ICICI Lombard General Insurance. The...
ICICI Pru Life’s net profit more than doubled to Rs 386 crore in Q4
ICICI Prudential's value of new business (VNB), or expected profit...
India to see above-normal cumulative rainfall this monsoon, El Nino conditions unlikely, says IMD
El Nino conditions, associated with below-normal monsoon rainfall...
International
Russia’s Aeroflot finalises insurance settlement for seven more planes
Russia’s Aeroflot has finalized insurance settlements with leasing...
South Africa’s President will sign health insurance bill into law for providing universal health coverage
South Africa’s President Cyril Ramaphosa The law aims to provide...
Facebook must face $3.7 bln UK mass action over market dominance, tribunal rules
Legal academic Liza Lovdahl Gormsen, who is bringing the case on...
Swiss Re 2023 net profit surges almost six times, in line with expectations
"We achieved all our financial targets in a year that was...
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Facts
Startups find new ways to assess risk and create new businesses tied to auto insurance
Apps that let you book a ride to work or borrow a car for your next vacation are feeding into a revolution in auto insurance — while also raising some privacy red flags. Data on everything from how frequently a car is booked, the type of vehicle...
India ranks 73rd in UN index assessing e-commerce readiness
India has ranked 73rd out of 152 countries in a business-to-consumer E-commerce index that measures an economy's preparedness to support online shopping, moving seven places up in the list. The United Nations Conference on Trade and Development's...
Younger millennials and Gen Z fuelling Indian credit card business
For every 100 people in India, there are only three credit cards. A comparable penetration figure for the US is 320. Statistics like these suggest that India’s first initial public offering of a credit card issuer is either an opportunity with...
Minimal Exposure to Air Pollution Also Leads to Hospitalisation: Study
Health related problems linked to air pollution could be far higher than previously thought, as researchers have found that short-term exposure to fine particulate matter in the air (known as PM2.5) is associated with several newly identified causes of hospital...
At 17.5 million, Indian diaspora largest in the world: UN report
New York: India continues to be the largest country of origin of international migrants with a 17.5 million-strong diaspora across the world, and it received the highest remittance of USD 78.6 billion from Indians living abroad, the UN migration agency said....