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IRDAI Sets up Panel to Draft Standard Professional Indemnity Policy for Insurance Intermediaries

Professional indemnity policy offers protection to professionals against potential claims for injury or loss resulting from their advice action for failure to fulfil their duties.




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Average Daily Aadhaar-enabled Transactions Double; Over Rs 16K Cr Disbursed During Lockdown: FinMin

As many as 43 crore transactions leading to disbursement of Rs 16,101 crore took place during the lockdown period, the Finance Ministry said in a tweet on Monday.




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Petrol Price in Delhi Hiked by Rs 1.67 Per Litre, Diesel by Rs 7.10 as Govt Raises VAT

Petrol in Delhi now costs Rs 71.26 a litre as against Rs 69.59 previously, oil industry sources said.




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Gold Dips as Coronavirus-led Curbs Ease, Tariff Worries Persist

Investors, however, remained worried about brewing Sino-US tensions after President Donald Trump threatened new tariffs on China for its handling of the outbreak.




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US Financial Body Gives $15 Mn Loan to Indian Start-up to Expand Access to Quality Education

An American financial organisation has agreed to sanction USD 15 million loan to an Indian education start-up to expand the access to quality education by providing critical financing to schools that serve low-income students in India.




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State-owned Bank NPAs May Rise in FY21, Govt's Fiscal Deficit to Widen: Bank Of America

Analysts agree that Covid-19 pandemic will lead to an increase in bank's gross non-performing assets with some reports pegging the stock to double as well.




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GSTN Develops Functionality for Transfer of Amount Available in Electronic Cash Ledger

Form GST PMT-09 provides flexibility to taxpayers to make multiple transfers from more than one head (major or minor) to another head (major or minor) and helps with the intra-head or inter-head transfer of amount available in electronic cash ledger.




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Sensex Ends 232 Points Higher, Led by Gains in Banking, Finance and Auto Stocks

After swinging over 800 points during the day, the 30-share index closed 232.24 points or 0.74 per cent higher at 31,685.75.




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Oil Gains as US Inventories Grow Less Than Feared While Coronavirus Slashes Demand

While prices have risen sharply since late April as some countries have started easing lockdowns put in place to combat the worst pandemic in a century, oil continues to be pumped into storage, leaving a massive mismatch between demand and supply.




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MSMEs Need Govt Push to Benefit from Comparative Advantage over China-made Consumer Goods: Report

It further said that although 2020 is a lost year, in terms of trade, India can think long-term and build relations so that it can occupy the space vacated by China.




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Yes Bank Creates Stressed Asset Management Vertical to Resolve NPA Accounts

Yes Bank's board had to be superseded by the RBI and the government earlier this year after alleged mismanagement under its founder CEO Rana Kapoor.




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Public Sector Banks Sanctioned Rs 5.66 Lakh Crore Loans during March-April: Nirmala Sitharaman

She further said that state-owned banks implemented the moratorium announced by the RBI on repayment of loans.




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Asia Stocks Poised to Rise as Upbeat Earnings Trump Jobs Gloom

The upbeat sentiment follows gains of over 1% in main U.S. and European stock indexes on Thursday.




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Coronavirus Lockdown: PSBs Have Sanctioned Loans Worth Rs 42,000 Crore To MSMEs, Corporates So Far

Many MSMEs and corporates have also availed the three-month moratorium offered by banks as per the Reserve Bank of India




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CII Bats for Immediate Stimulus Package of Rs 15 Lakh Crore

Confederation of Indian Industry said a substantive stimulus is required from the government in the form of support to the poor and to the industry.




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Bank Credit Up 6.74% to Rs 102.69 Lakh Crore, Deposits Rise 9.82%: RBI Data

In the year-ago fortnight, bank loans had stood at Rs 96.20 lakh crore and deposits at Rs 124.83 lakh crore.




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Saudi, US Firms Eye Stakes in Reliance's Jio, Deals Could Get Completed This Month: Report

The deal could be completed as soon as this month, though no agreement has been finalised and plans may change.




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ED Attaches AJL Mumbai Building Asset Worth Rs 16.38 Crore, Charges Moti Lal Vora

The Associated Journals Limited (AJL) is controlled by senior Congress leaders, including members of the Gandhi family.




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Here's All You Need to Know About Sovereign Gold Bond Scheme Opening on Monday

While the first instalment of the SGB 2020-21 series was open for subscription from April 20 to 24, the current issue will be open from May 11 to May 15.




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'It's the Worst Thing Ever': Ex-NHL Enforcer Georges Laraque Hospitalised with Covid-19

Georges Laraque, who is asthmatic, developed pneumonia in both lungs and was hit by nightly fevers post hospitalisation after testing positive for Covid-19.




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Swimming World Championships Moved from 2021 to 2022

FINA announced that world championships were due to be held in Fukuoka next year from July 16-August 1 but will instead take place from May 13-29 in 2022




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Stage Set for Online Nations Cup Chess Tournament; Viswanathan Anand to Lead 5th Seeded India

India will be represented by Viswanathan Anand, Vidit Gujrathi, P. Hari Krishna and Koneru Humpy at the online Nations Cup.




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Badminton Restart 'Difficult to Predict' After Coronavirus Crisis, Says BWF Chief

BWF chief Thomas Lund said the restrictions on international travel due to coronavirus has complicated the picture for badminton to resume.




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Tennis Plans Coronavirus-related Financial Fund: 800 Players, $6 Million

Money though the Player Relief Programme, run by ATP, WTA, Grand Slam organisers and ITF, will be divided equally among men and women.




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IOA Seeks Feedback From Athletes, Coaches on Resumption of Training

NSFs and State Olympic Associations have been asked to collect feedback from the stakeholders such as athletes, coaches, support staff, central and state government ministries, match officials and sports administrators




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Athletes Harassed in Spain While Practicing Amid Confinement

Athletes always must go out carrying the proper documentation showing that they are allowed to be out, otherwise they can be subjected to fines.




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WTA Chief Backs Roger Federer's ATP Merger Suggestion

Both the ATP and WTA Tours have been forced to take cost-cutting measures since the COVID-19 pandemic started




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Spanish Club Says it Mistakenly Allowed Novak Djokovic to Train Against Covid-19 Rules

Novak Djokovic published a video of him training on Monday in apparent violation of Spain's current rules amid the coronavirus pandemic.




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French Open in Talks with Governing Bodies Amid Rescheduling Reports

French tennis federation's decision to postpone the French Open to late September amid the Covid-19 crisis was widely criticised because the new dates clashed with the hardcourt season.




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Anti-doping Hearings to be Conducted Online Amid Covid-19 Lockdown: NADA Director General

NADA hearings have not been taking place due to the lockdown to contain the Covid-19 pandemic.




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Need to be Sensitive While Coaching Young Female Sportspersons: Sania Mirza

Sania Mirza said that coaches need to be sensitive of the hormonal changes that girls go through while working with them.




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US Open Winner Bianca Andreescu Stays Focused on Becoming World No. 1

Bianca Andreescu's bid to return to competitive tennis suffered a further jolt when the season was halted in March due to the novel coronavirus pandemic.




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'Heartbreaking, Disturbing, Painful': Sports Fraternity Offers Condolences After Vizag Gas Leak Tragedy

Sportspersons took to social media to offer condolences to the families of those affected in the Vizag gas leak tragedy and prayed for the recovery of those in the hospitals.




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'Indian hero': Moldovan Tennis Player Dmitrii Baskov Feeds Poor in Ahmedabad Amid Covid-19 Lockdown

Dmitrii Baskov had come to India in January to visit a tennis academy and got stuck due to Covid-19 lockdown but is helping feel Ahmedabad's poor.




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Some NBA Clubs Allowed to Test Players for Coronavirus: Report

Testing could allow some teams to feel more secure about safety concerns at facilities and encourage more players to participate.




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Novak Djokovic Will Need to Get Vaccinated for Covid-19 if Required by Tour: Rafael Nadal

Rafael Nadal said all tennis players will have to comply if officials require 'vaccination to travel' and to 'protect' everyone on the tour.




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UFC Return to Go Ahead as Planned Despite Undercard Fighter Ronaldo Souza Testing Positive for Covid-19

UFC fighter Ronaldo 'Jacare' Souza and his two cornermen were found positive for Covid-19 but asymptomatic and will self-isolate off host hotel.




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Roger Federer, Rafael Nadal or Novak Djokovic: Ivan Lendl Has a Way to Decide 'GOAT' Debate

Ivan Lendl believes whoever ends up winning the most majors among the 'Big Three', should be considered the greatest ever.




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2021 European Athletics Indoor Championships Event Schedule Released

The 36th edition of the European Athletics Indoor Championships is scheduled to take place from March 5 to 7 next year in Torun, Poland.




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Trains for migrants cancelled after Odisha high court order




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‘Island strategy’ devised for Covid hotspot Limbayat




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Rare albino squirrel spotted in Surat’s Bardoli




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Gujarat: Bharuch cleans its Covid-19 slate, last three patients discharged

The last three Covid-19 patients were discharged from hospital in Bharuch on Thursday. These patients were got discharged from the Jayaben Modi Covid-19 hospital in Ankleshwar, after their two test reports came negative.




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Surat: 41 migrants arrested for violence in Pali

The uncertainties over their return to native states has left the temper of migrants frayed.




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When Ranbir Kapoor Said He is 'Katrina Kaif Encyclopedia', Elon Musk's Girlfriend Gives Birth

A video of Ranbir Kapoor talking about Katrina Kaif has surfaced, Elon Musk's girlfriend, singer Grimes, has given birth to their first child together. More details in today's entertainment recap.




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Karishma Tanna Pulls of Inverted Yoga Pose with Injured Foot

Karishma Tanna took to Instagram and shared a photograph of herself doing the complicated inverted yoga pose despite injured foot.




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Athiya Shetty Posts Throwback Pic From Her Thailand Getaway; Fans Wonder Why She Cropped KL Rahul

Rumours of Athiya and KL Rahul's alleged relationship surfaced last year, after the cricketer posted an adorable birthday wish for her on social media.




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#BoysLockerRoom Controversy Leaves Bollywood Shocked and Concerned

Bollywood expressed shock and concern over the mindset of certain teenage boys in Delhi after the Boys Locker Room controversy exploded.




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Reunited With His Favourite Person: Riddhima Posts Throwback Pic Of Rishi Kapoor With Krishna Raj

Rishi Kapoor died in Mumbai on the morning of April 30. Just the night before, Riddhima was granted permission to drive to Mumbai from Delhi. Riddhima is a jewellery designer and lives with her husband and daughter in Delhi.




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Tisca Chopra Recalls Time When Irrfan Khan Stopped Her From Quitting Acting

Actress Tisca Chopra worked with the late Irrfan Khan in the critically acclaimed film Qissa besides in TV projects. She says Irrfan pushed her in the right direction during her initial days of struggle.