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THIRD PARTY INSURANCE EXTENSION
No insurance, no fuel? Supreme Court proposes pilot project, extends tenure of third party insurance cover for new vehiclesThe Supreme Court has proposed new measures to address widespread non-compliance with mandatory motor insurance laws. Automatic e-challans ...- SC proposes no fuel for uninsured vehicles, seeks tech-driven road safety overhaulThe Supreme Court has directed the Centre to design a pilot project denying fuel to uninsured vehicles. This initiative aims to improve roa...
- Tehran may allow Europe to clear mines in HormuzIran may permit European nations to clear mines from the Strait of Hormuz. This potential shift could aid peace talks and normalize shippin...
- Irdai told to draw up plan to make 3rd-party cover must for fuel purchaseThe Supreme Court ordered Irdai to pilot compulsory third-party insurance for fuel purchases. New four-wheeled vehicles will require four y...
- These 7 banking stocks have an upside potential of up to 25% in 1 year, according to analystsLet us assume FPI buying continues. That last month was not a one-off, but the start of a trend. If so, then sooner or later this money wil...
- LIC OFS: Non-retail portion fully subscribed on Day 1. Here’s what investors should knowLIC's Rs 31,410-crore offer for sale (OFS) was fully booked on Tuesday on Day 1. The government aims to pare its stake through a 2.5% base ...
- Life insurer rejected Rs 70 lakh death claim, but consumer commission ordered it to refund Rs 7 lakh premium despite a lapsed policy; here's whyA life insurer denied a seventy lakh death claim after a policy lapsed. The policyholder had paid seven lakh as the first year premium. The...
- ET Business Growth Summit-Ahmedabad highlights tech and innovation as next growth driversThe ET Business Growth Summit in Ahmedabad recorded strong industry participation, underscoring the resilience of businesses in the region.
- IN-SPACe re-entry rules expose insurance crunchThe guidelines, issued by the Indian National Space Promotion and Authorisation Centre (IN-SPACe) on July 23, cover planned re-entry missio...
- US senate leaders reach funding deal to avoid shutdown during campaign seasonKey senators revealed a short-term spending bill to fund federal agencies past elections. This measure aims to prevent a government shutdow...
- Enterprise software company Capillary Technologies orders forensic audit into €3 million fraudThe development follows Capillary's July 6 disclosure that fraudsters used "very advanced deep-fake methodologies like voice cloning, signa...
- FinMin launches Protection & Indemnity Insurance product under Bharat Maritime Insurance PoolIndia's Department of Financial Services launched a new sovereign-backed P&I insurance product. This product is designed by New India Assur...
- Bank of Baroda may trigger cyber insurance claimBank of Baroda has filed a preliminary claim under its cyber insurance policy after a suspected data breach exposed nearly 1 TB of customer...
- ITR filing deadline 2026: Will the July 31 deadline be extended? What taxpayers should know before waiting till the last minute
- Mamata Banerjee opposes further extension in EC probe involving TMCMamata Banerjee urged the Election Commission to conclude an ongoing inquiry. She requested the poll panel to finalize proceedings concerni...
- Insurers redraw playbook as AI risks spawn new coverAI-specific underwriting is being built into existing policies, with standalone products expected as the market matures.
- PNGRB plans to open city gas for external investorsThe PNGRB plans to allow third-party capital investment in city gas distribution areas. This move aims to expand natural gas reach and prom...
- LIC appoints Shatmanyu Shrivastava as new CFO, replacing Sunil AgrawalShatmanyu Shrivastava has been appointed as the new Chief Financial Officer of LIC. He replaces Sunil Agrawal, who resigned from the financ...
- Bank of Baroda Data Leak: Compromised employee email linked to alleged 1TB data leak on darknetBank of Baroda said its recent data leak resulted from the compromise of a single employee's email account and did not affect its core bank...
- BNP Paribas Cardif to bring bancassurance expertise to IndiaFirst Life after stake buyFrench insurer BNP Paribas Cardif will acquire a significant stake in IndiaFirst Life Insurance. This strategic move marks Warburg Pincus's...
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