insurance

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    LIC Offices Open on Tuesday for Customer Convenience

    Mumbai, March 30 LIC announced on Monday that its offices across zones and divisions will remain open during normal working hours on Tuesday.This move is for customer convenience, as per the advisory issued by the Insurance Regulatory and Development Authority of India (IRDAI), an official...
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    Supporting India's Fishermen: Innovation and Resilience

    New Delhi, March 29 Prime Minister Narendra Modi on Sunday praised the "hardworking fishermen" of the country, stating that they are not just "warriors of the sea" but a strong foundation for a self-reliant India.During his monthly radio broadcast, 'Mann Ki Baat,' Modi emphasized that...
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    Jio Fin Services to Partner with Allianz on Insurance Ventures

    Mumbai, March 29 Jio Financial Services (JFS) is aiming to launch general and life insurance businesses this year, a top company official has said.The financial services company does not have any immediate plans to enter the unsecured and consumer durable lending businesses."We hope to start...
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    Fishermen's Resilience and Innovation Strengthen India's Economy

    New Delhi, March 29 – Prime Minister Narendra Modi on Sunday called fishermen "a strong foundation of Atmanirbhar Bharat," who continue to strengthen the country's economy, and mentioned the efforts being made to further enhance the fisheries sector.Speaking during the 132nd episode of his...
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    FY26: Oriental Insurance Achieves Significant Premium Milestone

    New Delhi, March 27 State-owned Oriental Insurance Company Ltd (OICL) has crossed Rs 20,000 crore in gross premium for the fiscal year 2025-2026, the finance ministry said in a statement on Friday.This development signifies the growing trust of policyholders, intermediaries, and stakeholders...
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    Flight Operations in High-Risk Zones: Pilot Group Calls for Action

    Mumbai, March 27 The pilots' group, ALPA India, on Friday urged the Ministry of Civil Aviation and the regulator, DGCA, to suspend flight operations into high-risk conflict zones until a centralized risk assessment is carried out amidst the escalating West Asia crisis.Highlighting the need for...
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    India's Insurance Ecosystem Gains Resilience with New Reinsurance JV

    New Delhi, March 26 Jio Financial Services Ltd (JFSL) and Allianz Group, through its wholly-owned subsidiary Allianz Europe BV, announced on Thursday that their reinsurance joint venture has commenced operations.Allianz Jio Reinsurance Ltd is authorized to underwrite reinsurance in India with...
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    Kerala Panel Orders Expedited Heirship Certificate for Elephant Attack Victim's Family

    Thiruvananthapuram, March 24 The Kerala State Human Rights Commission has directed authorities to expedite the issuance of a legal heirship certificate to enable the disbursement of the remaining compensation to the family of a mahout who was killed in an elephant attack in Kottoor recently...
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    RBI Fund Holdings and Investor Interest in Sovereign Bonds

    New Delhi, March 24 The unclaimed amount transferred by public sector banks to the Depositor Education and Awareness (DEA) Fund of the Reserve Bank of India stood at ₹60,518 crore as of January 2026, the Rajya Sabha was informed on Tuesday.Additionally, the unclaimed insurance amount...
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    Telangana Budget Prioritizes Development and Welfare

    Hyderabad, March 20 Telangana Chief Minister A Revanth Reddy said the budget presented in the Legislative Assembly on Friday is a "forward-looking budget" that gives equal importance to welfare schemes and development programs.In an informal interaction with the media here, he said the budget...
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    Insurance Official's Suicide: Jaipur Resident Takes His Own Life

    Jaipur, March 20 A senior official from a private insurance company was found dead by hanging in Jaipur, police said. The official, reportedly, had taken his own life.A suicide note was found in his room, in which he stated that he was tired of his professional life and was taking this extreme...
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    Shipping Giant Faces $40-50M Weekly Costs Amid West Asia Situation

    Mumbai, March 19 Global shipping giant Hapag-Lloyd is in discussions with its partners to cover some of the additional costs, which have increased by USD 40-50 million per week amid the ongoing situation in the Middle East and disruptions in cargo movement, its CEO Rolf Habben Jensen has said...
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    Wipro Expands AI Services with New GIFT City Facility

    New Delhi, March 19 IT major Wipro announced on Thursday the launch of a new hub at the Gujarat International Finance Tec-City (GIFT City), Gandhinagar, to deliver advanced AI-powered technology services to global Banking, Financial Services, and Insurance (BFSI) clients.The new facility will...
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    Odisha Reports High Number of Fire Fatalities, Financial Assistance Offered

    Bhubaneswar, March 19 Odisha Minister Suresh Pujari informed the Assembly on Thursday that 416 people have lost their lives in fire accidents across the state over the last three financial years.Property worth Rs 27.84 crore and 2,537 houses were damaged in the fire incidents during 2022-23...
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    Navi Expands into Motor Insurance with Direct-to-Customer Offering

    New Delhi, March 17 Financial services firm Navi announced its entry into the motor insurance segment on Tuesday with the launch of a fully digital, commission-free offering for cars and two-wheelers.The direct-to-customer product, available on the Navi app, eliminates intermediary commissions...
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    ISBT Porters’ Union Calls for Rate Revision and Improved Facilities

    New Delhi, March 17 The inter-state bus terminal (ISBT) porters' union wrote to the Delhi government on Tuesday, requesting the setting of rates and demanding a set of welfare measures.In a letter submitted on Tuesday, the Porters Union outlined a set of demands, stating that their concerns...
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    Bharat Taxi Reaches 21 Lakh Users, 2.31 Lakh Drivers

    New Delhi, March 17 Cooperation Minister Amit Shah said on Tuesday that the cooperative-led ride-hailing platform, Bharat Taxi, has 21.34 lakh registered users and 2.31 lakh drivers as of March 1.Bharat Taxi, established by eight national cooperative institutions, was officially launched on...
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    India Announces Measures to Aid Exports Hit by Middle East Disruptions

    New Delhi, March 16 The Ministry of Commerce is expected to announce certain support measures to help exporters cope with the crisis in West Asia, Commerce Secretary Rajesh Agrawal said on Monday."Hopefully, within this week, we will provide you with a detailed briefing on the steps the...
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    Key Ruling: Air Force Group Insurance Society Classified as Government Entity

    New Delhi, March 16 The Supreme Court has ruled that the Air Force Group Insurance Society (AFGIS) is a 'State' under Article 12 of the Constitution, as it performs a public duty by protecting and looking after the welfare of armed forces personnel and their families.Article 12 of the...
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    Export Sector Faces Challenges: India's Response to West Asia Crisis

    New Delhi, March 16 The Ministry of Commerce is expected to announce certain support measures to help exporters deal with the West Asia crisis, Commerce Secretary Rajesh Agrawal said on Monday."Hopefully, within this week, we will provide you with a detailed briefing on the steps the...
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