FDI limit raised to 74% in the insurance sector; this decision will strengthen the insurance sector, analysts claim

FDI limit raised to 74% in the insurance sector; this decision will strengthen the insurance sector, analysts claim

New Delhi: A major decision was announced in the Union budget, strengthening the insurance sector. The Foreign Direct Investment (FDI) limit for the insurance sector increased from 49% to 74%. Since the last few years, demand was being made that the FDI limit in the insurance sector should be raised. The decision is welcomed by […]

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Panchayat members from Jammu-Kashmir to receive insurance cover of ₹25 lakh

Panchayat members from Jammu-Kashmir to receive insurance cover of ₹25 lakh

Srinagar: – The Jammu-Kashmir administration has taken an important decision, to provide an insurance cover of ₹2.5 million, to all the members of Village panchayats and even the local self-government bodies. The terrorists who have become restless, as a result of the campaign launched by the security forces, have started targeting the local lawmakers as […]

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‘Cyber Insurance’

Cyber-insurance is an insurance product used to protect businesses and individual users from Internet-based risks, and more generally from risks relating to information technology infrastructure and activities. Wikipedia

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Cyber security a concern for banks, demand for cyber insurance increases

Cyber security a concern for banks, demand for cyber insurance increases

Mumbai: Over the last few years, inclination of citizens towards internet banking has increased and due to smartphones, there is an increase in cashless transactions. However, there has also been an increase in the number of cyber attacks and cyber fraud cases. Against this backdrop, there appears to be a rise in the demand for […]

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US House of Representatives approves an increase in debt-ceiling bill – Including provisions directing Biden administration to cut spending

US House of Representatives approves an increase in debt-ceiling bill – Including provisions directing Biden administration to cut spending

Washington – The US House of Representatives of the US Congress has approved the bill that increases the debt ceiling taken by the government. A bill that would increase the debt ceiling by $1.5 trillion was approved by a narrow margin of 217 to 215 in Wednesday’s session. However, the sources say that the bill […]

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Following Silvergate and SVB, a third US bank that finances to tech and crypto sector goes into bankruptcy – President Biden claims that the banking sector is safe

Following Silvergate and SVB, a third US bank that finances to tech and crypto sector goes into bankruptcy – President Biden claims that the banking sector is safe

Washington – It revealed that Signature Bank went bankrupt in the United States, followed by Silvergate and SVB. The third US bank failure in a week signals that the country’s banking sector was in trouble. Against this backdrop, President Joe Biden claimed, on Monday, the US banking sector was safe. However, former US President Donald […]

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Israel will strengthen refugee settlements in West Bank: Prime Minister Netanyahu

Israel will strengthen refugee settlements in West Bank: Prime Minister Netanyahu

Jerusalem: The main cause of conflict between Israel and Palestine is the construction of settlements for Israeli nationals on the West Bank on Palestine’s side. The US and European countries have been pressuring Israel to stop construction on the West Bank, and a resolution against Israel has been passed by the United Nations (UN). Groups […]

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