Policy

Aadhaar Amendment Bill gets Cabinet nod, to be introduced in coming Parliament session

Indian News       Jun 12, 2019

  New Delhi: The Cabinet on Wednesday cleared a Bill to allow voluntary use of Aadhaar as identity proof for opening bank accounts and procuring mobile phone connections.   The Bill -- which will be in form of amendment to Aadhaar Act 2016 and will replace an...

Khuntia Panel focuses on insurance penetration and natural disaster for action plans

Indian News       May 27, 2019

  New Delhi:  The top level panel headed by Subhash Khuntia, chairman, IRDAI to bring about large scale reforms in the Indian insurance industry, has preferred to focus on some of the pressing issues like insurance penetration and natural disaster in its inaugural meeting.    After being...

Lloyd's of London seeks behavior crackdown with culture Survey

International News       May 13, 2019

  London: Lloyd’s of London has commissioned an independent culture survey following a Bloomberg Businessweek article that uncovered evidence of sexual misconduct in the world’s oldest insurance market.   The survey is being carried out by the Banking Standards Board, a not-for-profit organization that aims to raise...

Alphabet’s wing is first commercial Drone Unit certified as Airline

International News       Apr 24, 2019

  An offshoot of Alphabet Inc.’s Google has become the first drone operator to receive government approval as an airline, an important step that gives it the legal authority to begin dropping products to actual customers.   The subsidiary, Wing Aviation LLC, now has the same certifications...

Govt extends deadline for linking PAN with Aadhaar till Sept 30

Indian News       Apr 01, 2019

  New Delhi: The government on Sunday extended the deadline for linking PAN with biometric ID Aadhaar by six months till September 30, as per an official statement.   However, quoting of Aadhaar will remain mandatory for filing income tax returns (ITRs), following the Supreme Court order.   ...

U.S weighs bids for putting Automated Vehicles on roads

International News       Mar 20, 2019

  The U.S. National Highway Traffic Safety Administration said Friday it was seeking public comment on General Motors’ 15-month-old petition seeking approval to deploy a limited number vehicles on U.S. roads without steering wheels or other human controls.   The agency also disclosed that Softbank-backed driverless delivery...

S C Khuntia, chairman, IRDAI

Govt sets up a high level panel under IRDAI chairman to overhaul Indian insurance sector

Indian News       Mar 18, 2019

  New Delhi:  In a bid to overhaul the Indian insurance sector, almost after 20 years of liberalisation of the industry,  the centre has appointed a high level panel under the chairmanship of S C Khuntia, chairman,IRDAI, just before the Modi government is ending its five-year ...

Govt to soon start selection process for new PFRDA chairman

Indian News       Mar 17, 2019

   New Delhi: The government will soon start selection process for a new chairman of pension fund regulator PFRDA to succeed the present chief, Hemant G Contractor, whose term is slated to end in April.   "The Finance Ministry will soon come out with an advertisement to...

Ex-SC Judge Justice PC Ghose set to be first Lokpal

Indian News       Mar 17, 2019

  New DelhI Former Supreme Court judge Justice Pinaki Chandra Ghose was on Sunday recommended to be the first Lokpal or anti-corruption ombudsman of India.   His name was finalised and recommended by the Selection Committee comprising of Prime Minister Narendra Modi, Chief Justice Ranjan Gogoi, Lok...

Aadhaar can be used voluntarily as ID proof, President signs ordinance

Indian News       Mar 04, 2019

  New Delhi: President Ram Nath Kovind has given his assent to an ordinance that allows voluntary use of Aadhaar as ID proof for obtaining mobile SIM cards and opening bank accounts.   The ordinance -- necessitated because the Rajya Sabha could not approve a Bill after...

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