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Deputy commissioner of police (north) Raja Banthia said that the action was taken after a 31-year-old Sadar Bazar resident approached the cyber police, claiming he had been cheated of ₹36,050 on the pretext of being sanctioned an online loan. According to the police, the complainant, Mohammed Shuaib, was looking for a loan and had approached several banks when, on August 25, he received a WhatsApp call from an unknown number. The caller allegedly introduced himself as a loan agent and promised ...Read More >
Mumbai: Reserve Bank of India has approved HDFC Bank to acquire and hold an aggregate stake of up to 9.5% in IndusInd Bank, within the regulatory framework governing significant shareholding in banks. The approval, dated Dec 15, 2025, was disclosed by IndusInd Bank in a regulatory filing on Tuesday.HDFC Bank clarified that it does not intend to invest directly in IndusInd Bank. "As mentioned in the stock exchange intimation, approval from RBI for increasing the investment in IndusInd Bank from 5 ...Read More >
New Delhi: Enhancing foreign direct investment limit to 100% will enable global insurance companies to inject substantial capital directly without waiting for domestic partners, Union finance minister Nirmala Sitharaman told the Lok Sabha on Tuesday as the House passed the insurance bill seeking to remove FDI cap along with over a dozen key sectoral reforms. "If there's a need for growing protection through insurance in this country, we need to have insurance more accessible," she said while re ...Read More >
New Delhi [India], December 16 (ANI): The Lok Sabha on Tuesday passed a bill that aims to strengthen policyholder protection, accelerate the growth of the insurance sector and raise the limit of FDI in the insurance sector from 74 per cent to 100 per cent. 'The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025' seeks to amend key legislations, including the Insurance Act, 1938, the Life Insurance Corporation Act, 1956, and the Insurance Regulatory and Development Authority of Ind ...Read More >
New Delhi, Dec 16 (PTI) The Lok Sabha on Tuesday passed a bill to raise FDI in the insurance sector to 100 per cent, with a view to providing insurance to all by 2047. Replying to a debate on the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, in the Lower House, Finance Minister Nirmala Sitharaman said higher FDI will attract more players in the industry and make insurance policies more affordable. "Monopoly doesn't give us that advantage, and therefore, the more the competi ...Read More >
MUMBAI: The Reserve Bank of India has approved HDFC Bank to acquire and hold an aggregate stake of up to 9.5% in IndusInd Bank, within the regulatory framework governing significant shareholding in banks. The approval, dated Dec 15, 2025, has been disclosed by IndusInd Bank in a regulatory filing on Tuesday.According to sources the approval is primarily to facilitate portfolio investments by HDFC's group companies, primarily its mutual fund and insurance arms. Market participants view the holdin ...Read More >
New Delhi [India], December 16 (ANI): The Lok Sabha on Tuesday took up for consideration a bill that seeks to accelerate the growth and development of the insurance sector, ensure better protection of policyholders and improve ease of doing business for insurance companies Moving the 'Sabka Bima, Sabki Raksha (Amendment of Insurance Laws) Bill, 2025' for passage in the House, Union Finance Minister Nirmala Sitharaman said the bill provides for improved regulatory oversight. Also Read | MI Team ...Read More >
New Delhi [India], December 16 (ANI): The Lok Sabha on Tuesday took up for consideration a bill that seeks to accelerate the growth and development of the insurance sector, ensure better protection of policyholders and improve ease of doing business for insurance companies Moving the 'Sabka Bima, Sabki Raksha (Amendment of Insurance Laws) Bill, 2025' for passage in the House, Union Finance Minister Nirmala Sitharaman said the bill provides for improved regulatory oversight. "We want the regula ...Read More >
NewsVoir New Delhi [India], December 16: India must urgently recognise prosthetic care as a core pillar of public health, social inclusion, and national productivity, according to a new policy paper titled "Fixing the Mobility Divide: A Policy Roadmap for Accessible Prosthetic Care in India." The paper has been prepared by Parashar Industries, in collaboration with the Kailash Kher Foundation, and was launched today for policymakers, government institutions, and key stakeholders. The policy ro ...Read More >
To mislead the authorities and convince his family that he was dead, Chavan reportedly left his bracelet near the victim. In a shocking case from Latur in Maharashtra, a man allegedly killed a hitchhiker in a bid to fake his own death. However, he was later caught through messages that he had sent to his girlfriend. Early on Sunday, police in Ausa Taluka were alerted about a charred body found inside a completely burnt car. The police found out the vehicle's owner had lent the car to a relati ...Read More >
Mumbai, December 16: A shocking incident of murder and fake death has come to light from Maharashtra, where a man from Latur was arrested for killing a drunk man and faking his own death for INR 1 crore insurance money. The accused has been identified as Ganesh Gopinath Chavan. The alleged scam began when Chavan came up with the plan to fake his own death as he had debts of INR 57 lakh. On Saturday, December 13, cops were alerted about a car burning on Vanavada Pati-Vanavada road in Ausa tehsil. ...Read More >
New Delhi: Vi (Vodafone Idea) has introduced a new prepaid plan, which offers handset theft and loss insurance along with mobile recharge plans, the first of its kind in the Indian telecommunication industry. The new plans will enable prepaid users to have theft or loss insurance on their smartphones without purchasing an insurance policy. The company indicated that the initiative responds to an increasing consumer issue with the rising cost of smartphones and their necessity, which is consider ...Read More >
New Delhi: A bill seeking to raise FDI in the insurance sector to 100 per cent was on Tuesday introduced in the Lok Sabha amid strong protest from the Opposition. The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, seeks to amend Insurance Act, 1938, Life Insurance Corporation Act, 1956, and Insurance Regulatory and Development Authority Act, 1999, as per the bill circulated to members of Parliament. Introducing the bill, Union Finance Minister Nirmala Sitharaman said the commo ...Read More >
New Delhi: A bill seeking to raise Foreign Direct Investment (FDI) in India's insurance sector to 100 percent was introduced in the Lok Sabha on Tuesday, sparking protests from opposition parties. The bill, titled Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, aims to amend the Insurance Act, 1938, LIC Act, 1956, and IRDAI Act, 1999. Union Finance Minister Nirmala Sitharaman said the government has always focused on providing insurance for common people, including marginal sec ...Read More >
New Delhi, Dec 16 (PTI) A bill seeking to raise FDI in the insurance sector to 100 per cent was on Tuesday introduced in the Lok Sabha amid strong protest from the Opposition. The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, seeks to amend Insurance Act, 1938, Life Insurance Corporation Act, 1956, and Insurance Regulatory and Development Authority Act, 1999, as per the bill circulated to members of Parliament. Introducing the bill, Union Finance Minister Nirmala Sitharaman ...Read More >
New Delhi [India], December 16 (ANI): Congress Parliamentary Party Chairperson Sonia Gandhi on Tuesday drew the attention of the Rajya Sabha to the ongoing distress faced by women workers implementing critical government programs, including ASHA workers, Anganwadi workers and helpers, and community resource persons under the National Rural Livelihood Mission. Speaking in the Rajya Sabha, Gandhi said, "I rise to draw the urgent attention of this House to the continued distress of women workers i ...Read More >
New Delhi [India], December 16 (ANI): Finance Minister Nirmala Sitharaman on Tuesday introduced the Insurance Laws (Amendment) Bill, 2025, titled "Sabka Bima Sabki Raksha", in the Lok Sabha, aiming to strengthen policyholder protection, deepen insurance penetration and accelerate the growth of the insurance sector in the country. The Bill seeks to amend key legislations, including the Insurance Act, 1938, the Life Insurance Corporation Act, 1956, and the Insurance Regulatory and Development Aut ...Read More >
New Delhi: Congress MP Priyanka Gandhi Vadra on Tuesday will intervene and oppose the Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin): VB-G RAM G Bill, 2025, replacing the two-decade-old Mahatma Gandhi National Rural Employment Guarantee Bill (MGNREGA) at 12 noon today in Lok Sabha.Earlier, Congress President Mallikarjun Kharge criticised the Government's move to reframe the MNREGA scheme and said the Congress would oppose this,"This is not just about renaming the Mahatma Gand ...Read More >
Synopsis: India's largest private bank is in focus today after RBI approved its group entities to together hold a maximum 9.5% stake in IndusInd Bank. This move is due to a regulatory requirement; let us see what more about this approval and what it stands for. This company, which is an Indian banking and financial services company headquartered in Mumbai. And India's largest private sector bank by assets and one of the world's largest bank by market capitalisation is in focus after RBI approve ...Read More >
New Delhi [India], December 16 (ANI): Congress MP Priyanka Gandhi Vadra on Tuesday will intervene and oppose the Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin): VB-G RAM G Bill, 2025, replacing the two-decade-old Mahatma Gandhi National Rural Employment Guarantee Bill (MGNREGA) at 12 noon today in Lok Sabha. Earlier, Congress President Mallikarjun Kharge criticised the Government's move to reframe the MNREGA scheme and said the Congress would oppose this, Also Read | West B ...Read More >
New Delhi [India], December 16 (ANI): Congress MP Priyanka Gandhi Vadra on Tuesday will intervene and oppose the Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin): VB-G RAM G Bill, 2025, replacing the two-decade-old Mahatma Gandhi National Rural Employment Guarantee Bill (MGNREGA) at 12 noon today in Lok Sabha. Earlier, Congress President Mallikarjun Kharge criticised the Government's move to reframe the MNREGA scheme and said the Congress would oppose this, "This is not just ...Read More >
CHENNAI: Healthcare financing got yet another boost with Galaxy Health Insurance, India's youngest standalone health insurer promoted by TVS Family Venu Srinivasan and the family of industry veteran V Jagannathan, on Monday launching Galaxy Twin 360. The integrated product, to engage health insurance programme for young adults aged 18-45 years, comes with three plans: Core, Max & Ultra, which integrates comprehensive inpatient (IPD) protection, high-value outpatient (OPD) benefits and wellness ...Read More >
Mumbai (Maharashtra) [India], December 16 (ANI): HDFC Bank has received approval from the Reserve Bank of India (RBI) to allow its group entities to collectively hold up to 9.50 per cent stake in IndusInd Bank, the bank informed the stock exchange in a filing. The bank stated that RBI granted permission to HDFC Bank, which is the promoter and sponsor of several group entities, to acquire an "aggregate holding" of up to 9.50 per cent of the paid-up share capital or voting rights in IndusInd Bank ...Read More >
Latur (Maharashtra): Latur police in Maharashtra uncovered a chilling murder plot in which a man allegedly killed an unsuspecting hitchhiker to fake his own death and claim insurance money, only to be exposed by his continued communication with his girlfriend. The case came to light in the early hours of Sunday when police in Ausa taluka were alerted about a completely charred car with a burnt body inside. Initial investigations led officers to trace the vehicle's owner, who told them he had le ...Read More >
Mumbai (Maharashtra) [India], December 16 (ANI): HDFC Bank has received approval from the Reserve Bank of India (RBI) to allow its group entities to collectively hold up to 9.50 per cent stake in IndusInd Bank, the bank informed the stock exchange in a filing. The bank stated that RBI granted permission to HDFC Bank, which is the promoter and sponsor of several group entities, to acquire an "aggregate holding" of up to 9.50 per cent of the paid-up share capital or voting rights in IndusInd Bank ...Read More >
NEW DELHI, Dec 15: Minister of Science & Technology Dr Jitendra Singh today introduced the landmark Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill, 2025 , that is "SHANTI" Bill 2025, in Parliament on Monday. The Bill aims to repeal both the Atomic Energy Act, 1962 and the Civil Liability for Nuclear Damage Act, 2010 and open India's highly restricted nuclear power sector to private participation. Last week, the Union Cabinet gave nod to the landmark atomic ...Read More >
Slug: 4th National Lok AdalatSurat: Surat district once again emerged as the top performer in Gujarat during the 4th National Lok Adalat of 2025, securing the first position for the third consecutive time by disposing of 3.07 lakh cases across all courts.According to officials, a total of 1,29,172 disputes were placed before the Lok Adalat for settlement between parties, of which 1,26,723 cases were amicably resolved. These settlements led to the permanent resolution of disputes involving a tota ...Read More >
MUMBAI: India is witnessing a sharp increase in companies purchasing cyber insurance and expanding cover sizes, as boards and management reassess digital risks following high-profile global outages, like the one involving Jaguar Land Rover, and tighter data protection rules. The time taken to put a cyber insurance cover in place has shrunk dramatically to just a few days from six to seven months earlier, as companies move quickly to hedge against operational disruption, regulatory fines and pot ...Read More >
Maharashtra Crime: In a chilling insurance fraud case, a bank recovery agent from Maharashtra's Latur district allegedly murdered an innocent passer-by, burnt the body inside a car and staged his own death to claim a Rs 1 crore life insurance payout. The accused, Ganesh Chavan from Ausa taluka, was arrested from Vijaydurg in Sindhudurg district on Monday after a message he sent to his girlfriend from a second phone number exposed the plot. Police received information early Sunday morning about ...Read More >
Latur: Latur police have arrested a man within 24 hours for allegedly murdering another person and setting his body on fire inside a car to fake his own death, with the motive of claiming a Rs 1 crore insurance payout and escaping a debt of Rs 57 lakh, SP Amol Tambe told reporters in a press conference on Monday evening. The incident came to light in the early hours of Saturday (Dec 14), when Dial 112 received a call around 12.30 am reporting a car on fire on the Vanavada Pati-Vanavada road in ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.