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Reducing startup capital for insurers, changing solvency norms will put policyholders at risk: Rangachary
Reducing startup capital for insurers, changing solvency norms will put policyholders at risk: Rangachary

Chennai,  Allowing regional insurance companies, reducing minimum startup capital, changing investment norms and other measures may result in mushrooming of small insures and the return of pre-1956 period, said N. Rangachary, the first Chairman of the Insurance Regulatory and Development Authority of India (IRDAI).

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Economy/Business
MeitY, Meta join hands to nurture 40 Indian startups in extended reality
MeitY, Meta join hands to nurture 40 Indian startups in extended reality

New Delhi,  The IT Ministry's MeitY Startup Hub (MSH) and Meta (formerly Facebook) on Tuesday launched a startup Programme to help 40 early-stage startups in India -- with a grant of Rs 20 lakh each -- create products and solutions based on Extended Reality (XR) technologies.

XR encompasses augmented

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Economy/Business
Indices end higher; Sensex above 60,000, Nifty over 18,000
Indices end higher; Sensex above 60,000, Nifty over 18,000

Mumbai,  Benchmark indices ended higher with Sensex and Nifty both closing over 60,000 and 18,000 respectively, due to firm inflows from foreign investors and improving macro parameters.

At close, Sensex ended 455.95 points or 0.76 per cent up at 60,572.08, and Nifty closed up 133.70 points or 0.75 per c

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Economy/Business
HCL lays off 350 employees working on Microsoft project: Report
HCL lays off 350 employees working on Microsoft project: Report

New Delhi,  Amid tough global market conditions, tech giant HCL Technologies has reportedly laid off 350 employees globally, including in India, Guatemala and the Philippines, who were working on a Microsoft news project, media reports said.

According to reports, the workers, who were employed by HCL'

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Regional North
Tibetan leader Tsering greets King Charles III
Tibetan leader Tsering greets King Charles III

Dharamsala, Central Tibetan Administration (CTA) President Penpa Tsering on Tuesday extended his congratulations to King Charles III on his formal accession to the throne.

In a letter, he writes: "On behalf of the Central Tibetan Administration and the Tibetan people, I congratulate you warmly Your Majesty on

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Tamilnadu/Pondy
DMK leader A. Raja speaks against Hindu religion, BJP responds
DMK leader A. Raja speaks against Hindu religion, BJP responds

Chennai, DMK leader and former Union Minister, A. Raja spoke against the Hindu religion while addressing a public gathering, triggering a strong response from the BJP.

While addressing the gathering organised by the Dravidar Kazhagam, Raja asked: "Who is a Hindu? We should have the right to assert... We don&#

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Delhi Dossier
With addition of 34 new drugs, number of essential medicines goes to 384
With addition of 34 new drugs, number of essential medicines goes to 384

New Delhi,  A total of 384 drugs have been included in the National Lists of Essential Medicines (NLEM) 2022, which was released by the Union Health Minister Mansukh Mandaviya here on Tuesday. The list has got the addition of 34 new drugs, while 26 from the previous list have been dropped. The medicines have been categ

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Regional North
Mayawati's nephew Akash Anand is now number 2 in BSP
Mayawati's nephew Akash Anand is now number 2 in BSP

Lucknow,  Bahujan Samaj Party (BSP) president Mayawati has entrusted her nephew Akash Anand with the task of mobilising the party in the upcoming assembly elections in Gujarat, Rajasthan and Madhya Pradesh.

Akash Anand, who is the party's national coordinator, has been directed to restructure the org

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Kolkatta
BJP's march to Bengal secretariat takes violent turn; party's state prez stages 'sit-in'
BJP's march to Bengal secretariat takes violent turn; party's state prez stages 'sit-in'

Kolkata,  Violence broke out in different parts of Kolkata adjacent Howrah district, especially at the Santragachi area, following clashes between police and BJP supporters, over the latter's march to the West Bengal secretariat against corruption issues on Tuesday.

Tension gripped the area as the se

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Delhi Dossier
Qutub Minar row: Delhi court reserves order on plea by 'Agra royal family member'
Qutub Minar row: Delhi court reserves order on plea by 'Agra royal family member'

New Delhi,  A Delhi court on Tuesday reserved its order on the intervention application moved by a man claiming to be heir of a royal family in Agra and seeking ownership of Qutub Minar.

Additional District Judge Dinesh Kumar of the Saket court will pronounce the order on September 17.

The

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