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The regulatory authority makes the insurance claim settlement ratio data of all insurance providers available at the end of each financial year. By arrangement

Insurers tighten rules, raise rates

Data from the IRDA of India shows the death claims from both individual and group policies combined rose by 41 per cent...

21 Jan 2022 3:10 AM IST

SBI sold 4.5 per cent stake in SBI Life Insurance in September as part of its effort to increase public float as per the regulation.

SBI raises $300 mn via Formosa bonds

The bond is benchmarked against the 5-year US treasury and priced at a spread of 100 basis points over the benchmark

14 Jan 2022 9:09 AM IST

Chief Minister Chandrasekhar Rao inspects Kaleshwaram lift irrigation project. (Photo: DC/File)

Kaleshwaram irrigation project: Rourkela Steel Plant supplies 2.9 lakh...

The project aims at providing irrigation facilities for around 37 lakh acres of agricultural land in 15 districts of...

13 Jan 2022 2:51 PM IST

The total value of properties registered last month was Rs 2,340 crore. (Photo: PTI)

Registration of homes in Hyderabad region falls slightly in Dec

In December 2021, Hyderabad saw registration of 1,180 homes, followed by Rangareddy and Sangareddy

13 Jan 2022 2:44 PM IST

In November the growth was higher at 9 per cent and in the festive month of October it hit double-digit at 14 per cent. Representational image/DC

Retail starts feeling Omicron heat

Omicron started playing the spoilsport in the last week of December and dragged down much growth seen in the first 3...

12 Jan 2022 9:25 AM IST

MSME and transport minister Nitin Gadkari. (PTI Photo)

Gadkari lays foundation stone for national highway projects worth Rs...

The foundation stone of 10 national highway projects for 336 km was laid virtually

7 Jan 2022 5:10 PM IST

Now the OTT players are creating content to cater to regional demand with a strong focus due to untapped market potential. (PTI Photo)

Indian streaming industry expected to grow USD 13-15 billion over the...

The major players in the Indian OTT industry include - Netflix, Amazon Prime Video, SonyLIV, Alt Balaji, Zee5 , Eros Now...

2 Jan 2022 2:51 PM IST

The customers are eligible for five free transactions (inclusive of financial and non-financial transactions) every month from their own bank ATMs. (Representational Image/PTI)

ATM service charges increase, to cost Rs 21 per transaction from today

Banks have been permitted to charge Rs 21, instead of Rs 20 with applicable taxes, if any, shall be additionally payable

1 Jan 2022 1:11 PM IST

The Code on Social Security provides for creating a social security fund that will help in bringing informal sector workers under the social security net as well as welfare schemes. (Representional Image: PTI)

2022: Daunting labour reforms, informal workers-' social security fund...

More than 17 crore informal sector workers have registered themselves on the e-Shram portal

31 Dec 2021 2:22 PM IST

RBI has advised banks and other regulated entities not to take restrictive action against customers till the fiscal end. (Photo: PTI)

RBI extends deadline for periodic KYC update till March 31

Earlier in May, the RBI had extended the last date for updation of KYC by regulated entities till December-end

30 Dec 2021 3:14 PM IST

In September 2021, a reference was sent to sector regulator TRAI, seeking recommendations for the 5G spectrum auction and various modalities such as reserve price, band plan, block size, quantum of spectrum to be auctioned, it said. (PTI Photo)

5G services to be rolled out in India-'s four metros, selected cities...

On 5G Test bed, it informed that the indigenous 5G test bed project funded by the DoT has reached its final stages

28 Dec 2021 11:41 AM IST

The slowdown of exports from China in November compared to the previous month has improved the situation. Further, the festive shipping for Christmas, New Year and Chinese New Year too has almost got over. Indian imports too have been growing well in the past few months. ANI

Container shortage eases

The pandemic had hit the manufacturing of containers in different parts of the world, aggravating the shortage

20 Dec 2021 7:12 AM IST