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health insurance companies. This single-window interface is expected to replace the current system which traditionally relied on manual paperwork and required a lot of effort from policyholders and the hospital.Under the new system, a common digital standard format will be used to file the claim irrespective of the insurance company. Moreover, NHCX will facilitate the exchange of health claim information between all stakeholders in a completely digital way.

Siddhartha Sanyal, Chief Economist & Head-Research, Bandhan Bank, says there is no urgency on the part of the government or the finance ministry to cut down their projected fiscal deficit or the borrowing number at this moment, possibly they can afford to take a call on that at a later date. But in general, with the additional resources, they will start to allocate it in some ratio both for consumption and investment and not focus too much on cutting the fiscal deficit right away.

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United Nations: Russia is prepared to work with any US president who is open to dialogue, its foreign minister said Wednesday. «We will work with any American leader, we will remain ready to work with any US leader that the US people elect, and who will be willing to engage in equitable, mutually respectful dialogue,» Sergei Lavrov said at a UN press briefing. He was answering a question about relations between Moscow and Washington if Donald Trump is reelected in November and defeats President Joe Biden.

Grayscale Investments has launched a new Decentralized AI Fund for artificial intelligence crypto protocols.

Back when he co-founded Envestnet 25 years ago, Bill Crager didn’t plan on one day taking home the Lifetime Achievement in the Wealth Management Industry statuette at the inaugural InvestmentNews Awards. There were too many other pressing matters at the time before focusing on such fanciful dreams, primarily getting a one-of-a-kind fintech business off the ground.

State Street Corp, which earlier this year acquired HCLTech's stake in their joint venture, said its cost towards compensation and employee benefits fell 2% in the April-June quarter, mainly due to a decrease in contractor spending associated with JV consolidations in India and lower salaries. State Street that completed the transaction on April 1 made the observation in a filing with the US Securities and Exchange Commission. HCLTech, meanwhile, posted a fall in revenue at its financial services vertical and has warned about headwinds in the segment in the July-September quarter as well due to State Street insourcing the business operation services provided by the JV.

Mint said there is a need for a dedicated ministry to address the sector's unique needs, which contributes a substantial ₹5.69 trillion to India's gross domestic product. The sector, which gave patrons or consumers of restaurants a GST rate reduced from 18% to 5% in 2017, now struggles with rising costs and shrinking profit margins. Suri said calling for the restoration of input tax credit and support for operational expenditures such as rentals and delivery commissions for restaurants, especially an input on rentals which contribute 20% of operational costs would be a game changer.

If new car prices look daunting, don’t worry, there are plenty of affordable models to choose from that won’t break the bank

NASA is canceling a water-seeking moon rover because of cost overruns and launch delays

Nearly one in three Canadian grandparents providing financial support to younger generations are possibly risking their own retirement, new polling released Wednesday by Royal Bank of Canada suggests.

The EPA's internal watchdog will investigate why the agency didn’t get its specialized plane loaded with advanced sensors into the air over East Palestine until four days after the disastrous Norfolk Southern derailment last year

Fintech provider Apex is looking to help financial services build quickly and scale broadly with a new cloud-based solution.

SpaceX will use a powerful, souped-up capsule to shove the International Space Station out of orbit once time is up for the sprawling lab

meteor was seen soaring over the Statue of Liberty before disintegrating about 30 miles above Midtown Manhattan on Tuesday morning. NASA has reported that the rock passed through the atmosphere over the Big Apple around 11:15 a.m. New Yorkers reported watching a flash of fire streak across the sky at the same time. They also said that they felt the ground lightly shaking beneath their feet, reports 'New York Post'. Confirming the incident, the Meteoroid Environments Office of NASA said in a Facebook post that the American Meteor Society has provided eyewitnesses of a sighting of a «fireball and booms and shakings» between 10 a.m. and noon Eastern time.

Northern Trust is signaling its emphasis on a key California market with a new promotion in its wealth management unit.

French drugmaker Sanofi plans to invest ₹400 million (about ₹3,600 crore) over the next six years to expand its global capability centre (GCC) in Hyderabad by increasing the headcount and further developing the facility. Of the total, ₹100 million will be invested by the end of 2025. Over the next two years, Sanofi plans to more than double the headcount at the Hyderabad GCC to 2,600 employees, making the centre the largest of its four hubs globally. The company employs about 1,000 people in Hyderabad. The Hyderabad GCC will support Sanofi's global operations spanning commercial, manufacturing, supply chain research and development (R&D) and digitalisation. The GCC in India will help the company bring some of outsourced functions in-house, giving it more control over critical operations like manufacturing, commercial and R&D.

state government has modified its apprenticeship scheme 'Mukhya Mantri Yuva Karyaprashikshan Yojana' under which unemployed youths who have completed Class 12 or HSC or diploma or degree holders will be paid a stipend between ₹6,000 to ₹10,000 per month. The scheme is for six months and would provide benefits to 10 lakhs youths per year, chief minister Eknath Shinde said on Wednesday while addressing a rally in Pandharpur. «The state will extend ₹6,000 to those who have passed class 12, ₹8,000 to those with ITI and diploma holders and ₹10,000 for those with a degree and post graduation as a stipend,» said Shinde.

British Open at Royal Troon is a long one as Rory McIlroy begins his latest bid to end a decade-long major title drought. McIlroy's misery continued in last month's U.S. Open where he agonisingly finished second — one shot behind American Bryson DeChambeau — after bogeying three of his last four holes. The pain of that loss took McIlroy a few days to process but, as he prepares for Thursday's opening round, he is feeling no added pressure in his quest to claim a fifth career major.

Kannada film and theatre figure Sadananda Suvarna passed away at a private hospital in Mangaluru on July 16 at the age of 92 due to age-related health issues. Suvarna, born on December 31, 1931, in Mulki near Mangaluru, moved to Mumbai in his youth. There, he attended night school while working for a private company. Rewrite & paraphrase: Karnataka BJP MP Brijesh Chowta mourned his demise. His note in Kannada can be loosely translated into English as: «I was deeply saddened to hear the news of the death of Mr. Sadananda Suvarna, a director, veteran stage actor, director of Tulu-Kannada dramas who spread the story of Tulunad to the state through the TV channel 'Guddada Bhuta' May God rest his soul Om Shanti.»

IAS officer Puja Khedkar to record her statement regarding allegations of harassment against the Pune district collector, a senior officer said on Wednesday. Pune Police Commissioner Amitesh Kumar confirmed to PTI that Khedkar has been asked to come to Pune to provide her statement. «I am not aware of any such complaint against me. No one communicated to me about this. So there is no question of giving a reaction. I came to know about this complaint only through media reports,» Pune district collector Suhas Diwase told PTI. Another official said correspondence by Pune Police asking Khedkar to record her statement was served to her at her temporary residence in Washim on Wednesday.