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Mumbai, March 12: The Liberian-flagged crude oil tanker Shenlong successfully docked at Mumbai Port on Wednesday, March 12, marking the first successful transit of an India-bound oil vessel through the Strait of Hormuz since the outbreak of full-scale hostilities between the US, Israel, and Iran. Carrying approximately 2 million barrels of Saudi Arabian crude, the vessel's arrival provides a critical reprieve for Indian refineries that have faced dwindling stocks and soaring procurement costs. ...Read More >
New Delhi [India], March 2 (ANI): The central government has retained an 8.25 per cent annual rate of interest to be credited on Employees' Provident Fund (EPF) accumulations in members' accounts for the financial year 2025-26, according to the Ministry of Labour and Employment of India. The interest rate would be officially notified by the Government of India, following which the Employees' Provident Fund Organisation (EPFO) would credit the rate of interest into the subscribers' accounts. Th ...Read More >
New Delhi: The Department of Commerce, under the Ministry of Commerce & Industry, convened a high-level stakeholder consultation to address the impact of the emerging geopolitical situation on India's export-import (EXIM) cargo and strengthen the export ecosystem. Stakeholders discussed the evolving operational environment, including changes in global shipping routes, transit timelines, vessel scheduling, container availability, freight and insurance costs and the impact on time-sensitive expor ...Read More >
New Delhi, March 2 (SocialNews.XYZ) The government on Monday said it will continue to engage closely with all stakeholders and relevant ministries and departments to ensure that India's trade continues to move efficiently and that any emerging issues are addressed in a timely manner. The Centre reiterated its readiness to facilitate trade operations, including procedural flexibility in export-related authorisations in cases of genuine disruption; coordination with Customs authorities to ensure ...Read More >
Mumbai, Feb 24 (PTI) Up to 30 per cent of India's top-100 unlisted companies have the right business models and growth potential, making them candidates for listing on stock exchanges, a top official from Hurun India said on Tuesday. None of these companies identified in the 'JM Financial' - Hurun India Unlisted Gems 2026' have formally announced IPO plans yet. "I think some of them could (list). I think around 25-30 per cent has a potential to get listed, but they don't have IPO plans announc ...Read More >
CHANDIGARH: A portion of the frontal section of Congress MLA Sukhpal Singh Khaira's house in Bholath, Kapurthala, was demolished on Monday by the office of the Block Development and Panchayat Officer (BDPO). Khaira, a strong critic of Punjab Chief Minister Bhagwant Mann, condemned the move, calling it the dangerous introduction of "bulldozer (Pila-Panja) politics" in Punjab by Mann under directions from AAP supremo Arvind Kejriwal, aimed at silencing criticism and democratic dissent. As the de ...Read More >
Chandigarh, Feb 23 (PTI) A day after two police personnel were found shot dead at a checkpost in Gurdaspur near the Indo-Pak border, a Pakistan-based gangster posted on social media a purported video showing an unidentified shooter firing at one of the cops at point-blank range. The same unverified video, posted by gangster Shahzad Bhatti, was also shared by an outfit calling itself Tehreek-e-Taliban Hindustan, which had claimed responsibility for the killings on Sunday. Punjab police remained ...Read More >
New Delhi, Feb 23 (SocialNews.XYZ) Around 70 per cent of jobs in India are hosted in non‑metro India, with Tier‑3 cities alone accounting for 40 per cent of employment and Tier‑2 hubs a further 29 per cent compared with 31 per cent in Tier‑1 cities, a report said on Monday. The staffing firm Quess Corp said in the report that The BFSI & Manufacturing sectors contribute to over 45 per cent of workforce from Tier 3 towns, while retail contributes 33 per cent. These opportunities are concentrated ...Read More >
Bangalore, India - - Infosys, a global leader in digital services and consulting, announced a strategic collaboration with Anthropic, an AI safety and research company, to develop and deliver advanced enterprise AI solutions. The initial focus will be on telecommunications, with plans to expand into financial services, manufacturing, and software development. The partnership, revealed today, centers on integrating Anthropic's Claude models - including Claude Code - with Infosys Topaz AI offerin ...Read More >
One of BharatGen's most distinctive features is how it treats Indian languages New Delhi: As artificial intelligence redraws the global balance of power, India has quietly but decisively entered the foundational layer of this transformation. At the heart of this moment stands BharatGen, India's sovereign generative AI programme - built from the ground up for the country's languages, culture, governance needs, and societal realities. And behind BharatGen's rise lies a sustained, strategic push ...Read More >
Udupi Deputy Commissioner T.K. Swaroopa said here on Tuesday that all tourist boats in the district should submit the necessary documents and register with the tourism department within 45 days and obtain permission to operate. The boat operators should obtain permission from the departments of port, police, coastal security police, local authorities, and the tourism department, she said. Holding a meeting in her office to review safety measures in view of the death of two tourists in a boat t ...Read More >
MUMBAI: The Telecom Regulatory Authority of India (Trai) has asked all insurance companies to adopt special 1600-series telephone numbers by February 15, to help protect consumers from fraud calls. All entities regulated by the Insurance Regulatory and Development Authority of India must use the designated numbering series for customer service and transaction-related calls, Trai said in a direction issued on Tuesday. The deadline was set in consultation with the insurance regulator. The 1600 s ...Read More >
MUMBAI: The Telecom Regulatory Authority of India (Trai) has asked all insurance companies to adopt special 1600-series telephone numbers by February 15, to help protect consumers from fraud calls. All entities regulated by the Insurance Regulatory and Development Authority of India must use the designated numbering series for customer service and transaction-related calls, Trai said in a direction issued on Tuesday. The deadline was set in consultation with the insurance regulator. The 1600 s ...Read More >
New Delhi [India], December 18 (ANI): Parliament on Wednesday passed the 'Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025', with Finance Minister Nirmala Sitharaman assuring members that opening up the sector will attract new insurers, intermediaries and allied service providers, expanding the overall insurance ecosystem and creating net employment. The Rajya Sabha passed the bill after a reply from the Finance Minister. The Lok Sabha passed it on Tuesday. In her reply, Sithar ...Read More >
NEW DELHI: Parliament on Wednesday passed a Bill to raise foreign direct investment (FDI) in the insurance sector to 100 per cent from the existing 74 per cent, a move the government said would help increase insurance penetration, lower premiums and generate employment. The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, was cleared by the Rajya Sabha through a voice vote, a day after it was passed by the Lok Sabha. The Upper House rejected amendments moved by the Opposition, ...Read More >
Union Finance Minister Nirmala Sitharaman introduced the Sabka Bima Sabki Raksha Bill, 2025, proposing to raise FDI in the insurance sector to 100%. The bill aims to provide insurance to all by 2047, amending key insurance laws and establishing a policyholder protection fund. This move seeks to accelerate sector growth and enhance policyholder security. Union Finance Minister Nirmala Sitharaman on Tuesday introduced The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 in Lok Sab ...Read More >
New Delhi: Parliament on Wednesday passed a bill to raise FDI in the insurance sector to 100 per cent from the current 74 per cent, which is expected to increase insurance penetration, lower premiums, and boost job creation. The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, was cleared by the Rajya Sabha with a voice vote, a day after it was passed by the Lok Sabha. The House also rejected several amendments made by the Opposition to the bill, including the one to send the ...Read More >
NEW DELHI: Telecom regulator Telecom Regulatory Authority of India (TRAI) has mandated that entities regulated by the Insurance Regulatory and Development Authority of India (IRDAI) should adopt, by February 15, 2026, the '1600' series numbers for making service and transactional calls to consumers. The Trai said that the direction has been issued with the objective of enhancing consumer trust, curbing spam, and preventing fraudulent activities perpetrated through voice calls. "The series will ...Read More >
New Delhi, Dec 17 (PTI) Opposition MPs slammed a bill to raise FDI in the insurance sector to 100 per cent in the Rajya Sabha on Wednesday, calling it a colonial mindset and a threat to social security, while BJP members termed it a social reform to serve people. Participating in the debate on The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, John Brittas, CPI (M) from Kerala, said the BJP government, which always talks against gulami ki mansikta (colonial mindset), wants to ...Read More >
New Delhi, Dec 17 (PTI) Increasing the foreign direct investment limit to 100 per cent in the insurance sector will help expand coverage, create jobs and make life cover policies more affordable and accessible, said experts. They were commenting on the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, which was passed by the Parliament on Wednesday. The bill seeks to raise FDI (foreign direct investment) limit in the insurance sector from 74 per cent to 100 per cent. Terming th ...Read More >
New Delhi [India], December 17 (ANI): Minister of State (Independent Charge) for Science and Technology and Atomic Energy Jitendra Singh on Wednesday addressed questions raised by Opposition MPs regarding the recently tabled 'The Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill, 2025'. Taking part in the debate in Lok Sabha on Wednesday, Singh said that certain Opposition MPs were pushing "contradictory" facts and statements. He said that a lot of provisions ...Read More >
New Delhi, Dec 17 (SocialNews.XYZ) The Rajya Sabha on Wednesday witnessed intense debate on the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, which proposes raising foreign direct investment (FDI) in the insurance sector to 100 pe cent from 74 per cent, among other reforms to modernise the industry and achieve 'Insurance for All by 2047'. The Bill, passed by the Lok Sabha on December 16, amends the Insurance Act, 1938; Life Insurance Corporation Act, 1956; and Insurance Regu ...Read More >
New Delhi, Dec 17 (PTI) Parliament on Wednesday passed a bill to raise FDI in the insurance sector to 100 per cent from the current 74 per cent, which is expected to increase insurance penetration, lower premiums, and boost job creation. The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, was cleared by the Rajya Sabha with a voice vote, a day after it was passed by the Lok Sabha. The House also rejected several amendments made by the Opposition to the bill, including the one ...Read More >
Mumbai: The recent exemption of retail health insurance from the goods and services tax regime has helped reduce premiums. But that alone is not enough to drive growth as the industry continues to battle issues such as high medical inflation, inadequate coverage, differentiated healthcare and claims experience, insurers said in a panel discussion at Mint's BFSI Conclave 2025. "The premiums have come down by 18%. Does it mean that everyone is going to take insurance? No, that's not going to happ ...Read More >
KSH International's Rs 710-crore IPO drew muted interest on day one, garnering 15% subscription and zero grey market premium, despite a strong anchor round and solid growth outlook. The Rs 710-crore KSH International IPO witnessed modest investor interest on the first day of bidding, with the issue garnering only 15% subscription. The IPO received bids for 19.87 lakh shares against the total issue size of 1.36 crore shares. In the grey market, the IPO is currently trading at a zero premium ove ...Read More >
New Delhi, Dec 17 (PTI) Several non-ruling members in the Rajya Sabha on Wednesday opposed the bill to raise FDI in the insurance sector to 100 per cent and demanded that the proposed legislation be sent to a Parliamentary panel for further scrutiny. Participating in the debate on The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, moved for consideration and passage by Finance Minister Nirmala Sitharaman in the Upper House, members also objected to the title of the Bill, whic ...Read More >
New Delhi, Dec 17 ( UNI) India is working towards securing 25 per cent of global trade in the coming years by building on its strong macroeconomic foundations, resilient growth trajectory and rapidly expanding entrepreneurial ecosystem, said Finance Minister Nirmala Sitharaman. The Finance Minister was addressing the India Economic Conclave in Delhi on Wednesday. She said the global economic landscape is undergoing a major shift, with trade increasingly getting weaponised through tariff restri ...Read More >
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday said the insurance reforms brought in through a bill in Parliament will grant greater access to insurance for the people, have better regulatory oversight and ensure ease of compliance. Moving the 'The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025' for consideration of the Lok Sabha, Sitharaman said the draft legislation was aimed at bringing transparency, ease of compliance mandates and increasing foreign direct invest ...Read More >
Mumbai, Dec 17 (PTI) Benchmark indices Sensex and Nifty rebounded in early trade on Wednesday driven by value buying at lower levels and a positive trend in Asian markets. Steady buying activity by domestic institutional investors also brought comfort to the markets, according to experts. The 30-share BSE Sensex climbed 201.23 points to 84,881.09 in early trade. The 50-share NSE Nifty went up by 64.8 points to 25,924.90. From the Sensex firms, Eternal, State Bank of India, Bajaj Finance, Axis ...Read More >
New Delhi: Congress leader Sonia Gandhi flagged the challenges faced by ASHA and Anganwadi workers in the Rajya Sabha, demanding that they be given their remuneration on time, the amount given be doubled and the pending vacancies of nearly three lakh in ICDS be filled. Raising the issue during Zero Hour, Gandhi said, "I rise to draw the urgent attention of this House to the continued distress of women workers implementing critical government programmes -- ASHA workers, Anganwadi workers and hel ...Read More >
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