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Govt appoints Sat Pal Bhanoo as LIC MD

The government has appointed Sat Pal Bhanoo as one of the managing directors of Life Insurance Corporation (LIC).He has been appointed in place of Siddhartha Mohanty who has been appointed as chairman of LIC in April. Bhanoo's appointment is effective from the date of...

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Exemption of GST for cancer drugs

The Goods and Services Tax Council after its 50th meet in New Delhi on Tuesday has agreed to exempt GST on import of cancer drug Dinutuximab, and Food for Special Medical Purposes (FSMP) used in the treatment of rare diseases. Currently, the drug attracts a 12%...

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Edelweiss Tokio Life Insurance launches term plan

Edelweiss Tokio Life Insurance has launched Zindagi Protect, a term insurance plan that offering three optional benefits – child’s future protect benefit, better half benefit, and premium break benefit. Subhrajit Mukhopadhyay, executive director, Edelweiss Tokio Life...

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