News
Parliamentary panel reviews India-US trade ties, discusses export finance and insurance support
2+ day, 20+ hour ago (227+ words) A Parliamentary Standing Committee on Commerce headed by Rajya Sabha member Dola Sen held consultations in Raipur as part of its study on India-US trade relations, with discussions focusing on financial assistance, credit availability and insurance support for agricultural and…...
Centre rolls out $1. 5 billion maritime insurance pool
1+ mon, 3+ day ago (472+ words) The government on Tuesday launched a $1. 5 billion Bharat Maritime Insurance Pool (BMIP) with a sovereign guarantee of $1. 4 billion to facilitate continuous maritime insurance coverage amid the war in West Asia, Union finance ministry said in a statement. The pool covers…...
Govt okays "12, 980-crore maritime insurance pool
1+ mon, 3+ week ago (350+ words) The Union Cabinet meeting, chaired by Prime Minister Narendra Modi, on Saturday approved the creation of a sovereign guarantee-backed maritime insurance pool, Bharat Maritime Insurance Pool (BMI), worth "12, 980 crore amid rising underwriting costs due to the West Asia war, a…...
GIFT City insurance premiums cross $1. 2 billion
2+ mon, 2+ week ago (313+ words) | Business News'Hindustan Times Insurance and reinsurance premium volumes at Gujarat International Finance Tec-City (GIFT City) have grown from $102 million in 2020 to over $1. 2 billion in 2025, according to an official statement by GIFT City Company Ltd on Thursday. This marks an over…...
DICGC risk-based premium: How much will banks pay for deposit insurance?
2+ mon, 3+ week ago (364+ words) Effective 1st April 2026, the DICGC will implement the Risk Based Premium (RBP) framework, which will differentiate banks that manage risks better. The RBP framework provides for differential premium rates for different categories of banks that pay the deposit insurance premium. The…...