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INSURANCE REGULATOR AND DEVELOPMENT AUTHORITY
Govt announces key leadership changes in insurance sectorDinesh Pant, managing director at Life Insurance Corporation of India, has been appointed whole-time member (actuary) at IRDAI, while Girij...
UK regulator sets out conduct requirements for Google's search servicesThe first requires Google to improve transparency and fairness in how search results are ranked, while the second requires Google to allow...
Stocks in news: Prime Focus, Groww, GIC RE, Wipro, NykaaIndian benchmark indices traded with a positive bias, with the Nifty consolidating near the 24,000 mark and closing near its day's high. Se...
Banks, fintechs join forces to fight money laundering, terror financing under new platformIndia's financial sector has launched a new platform called ARIFAC. This brings together banks, NBFCs, payment firms, insurers, and other e...
Tamil Nadu government empowers CMDA to give planning permission for high-rise buildingsChennai Metropolitan Development Authority now grants planning permissions for high-rise buildings. This streamlines approvals for projects...
Ukraine aims to align banks, insurers with EU rules by 2028, central banker saysUkraine is fast-tracking financial reforms to align its banking and insurance sectors with EU standards by 2028, despite ongoing war. Gover...
Irdai seeks to ease investment rules in insurance sectorThe Insurance Regulatory and Development Authority of India (Irdai) is proposing significant changes to ownership and capital structure reg...
Govt to sell up to 5% stake in insurer GIC via OFSThe Indian government is set to divest up to a 5% stake in General Insurance Corporation. This offer for sale begins for non-retail investo...
Tejasvi Surya launches campaign seeking empowered Bengaluru development ministerBengaluru South MP Tejasvi Surya has launched a campaign demanding a dedicated minister for Bengaluru's development. He alleges that an int...
Agentic AI adoption drives stronger governance oversight, risk controlsIndia first: Firms prioritise domestic industry guidelines over global frameworks, remain confident on DPDP
The old health insurance model sees hospitalisation as an inconvenience, says Narayana Health's Viren Prasad Shetty; bets on managed care modelIt has been close to two years since Narayana Health’s wholly owned subsidiary, Narayana Health Insurance—which has adopted a ‘managed heal...
The hidden cost of looking better: What health insurance covers, and what it leaves you to payRising demand for weight-loss drugs, cosmetic procedures and wellness treatments is creating a growing out-of-pocket healthcare expense cat...
Noida International Airport begins operations with first IndiGo flight from LucknowNoida International Airport has commenced flight operations. Its first IndiGo flight arrived from Lucknow and then departed back to the Utt...
Agentic AI adoption drives stronger governance oversight, risk controlsIndian companies are prioritising local AI rules over international ones. They are focusing on ethics, identity, and privacy as AI adoption...
Assam: Government approves set up of Guwahati Satellite Cities Development AuthorityThe decision was taken in the state cabinet meeting held at Lok Sewa Bhawan in Guwahati under the chairmanship of Chief Minister Himanta Bi...
GIC's common empanelment of hospitals win-win for all stakeholders: IFFCO-TOKIO MDThe General Insurance Council is introducing a common hospital empanelment platform. This initiative aims to streamline processes for over ...
Proposed commission caps may drive consolidation in insurance distribution: Acko CEOAcko founder Varun Dua anticipates regulatory changes to insurance distributor commissions will drive consolidation and professionalization...
Gowda yet to take charge of Bengaluru as portfolio confusion lingersMinister Krishna Byre Gowda has not yet taken charge of key Bengaluru development bodies. He seeks full control over the city's development...
Insurance CEOs’ pay now linked to claims and customer grievances: What it means for policyholdersInsurance CEOs’ remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A t...
LIC in talks with regulators on long-term instruments to match growing liabilities: CEOLife Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to increase long-term investment opt...