Govt seeks Parl nod for Rs 1.07 lakh cr additional spend

The government on Monday sought Parliament nod for net additional spending of over Rs 1.07 lakh crore, including about Rs 15,000 crore towards fertiliser subsidy, in the third batch of......

Market share of PSU general insurers shrinks 800 bps in 5 years: Irdai

The four public sector general insurance companies -- New India Assurance, United India Insurance, Oriental Insurance, and National Insurance Company -- have lost 800 basis points (bps) in market......

Govt halts merger of 3 PSU general insurers

The Rs 12,450 crore capital infusion will enable the three public sector general insurance companies to improve their financial and solvency position, meet the insurance needs of the economy,......

5 PSU insurers have Rs 347-cr exposure to Adani firms: FinMin

Five state-run general insurance companies have a total exposure of Rs 347.64 crore, or 0.14 per cent of their total assets under management (AUM), in Adani group of companies, the finance ministry......

FM to take stock as PSU insurers' profit dips

Amid concern on the slackening performance of state-owned insurance companies, Finance Minister Pranab Mukherjee is set to meet the chiefs of these companies on June 13.The meeting would focus on......

Missing! Chess Gold, Silver Medals

'I have no idea about such a medal. Never got one,' says Surya Shekhar Ganguly, the national chess champion between 2003 and 2008. Kindly note the image has been published only for......