The high court, which listed the matter for further hearing on...
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Red Sea crisis: Exporters holding consignments as shipping costs rise
Around 80 per cent of India's merchandise trade with Europe passes...
Medi Assist IPO subscribed 1.20 times on second day of offer
The category for Retail Individual Investors (RIIs) received 1.70...
Panda appointed as special secretary,DFS
As additional secretary, Panda was in charge of Insurance industry and financial inclusion and was in the board of New Indian Assurance. He is also supervising the merger of three PSU general insurers, United India Insurance,National Insurance Company,Oriental Insurance Company.
Govt launches 7th economic census in Delhi
New Delhi: The seventh economic census was launched in the national capital territory of Delhi on Friday. The Ministry of Statistics and Programme Implementation (MoSPI) has tied up with Common Service Centres Network (CSCN), a special purpose vehicle...
S&P ratings sees debt downgrade for India if economic slide continues
S&P rates India at BBB-, which is the lowest investment-grade rating. Moody’s Investors Service downgraded India’s outlook to negative from stable in November though it rates the country a notch higher than S&P.
Insurers and brokers can’t set up TPAs as promoters:IRDAI
It is not immediately known in what ways new regulations will be applicable to four PSU general insurance companies , National Insurance Company, New India Assurance Company, United Insurance Company, Oriental Insurance Company and General Insurance Corporation of India, which are promoters of , Health Insurance TPA of India(HITPA), the common in-house TPA for four companies to handle health insurance claims. There are couple of insurance brokers who have set up TPAs.
Bhatnagar & Deepak P jointly to discharge the function of GIC Re CMD
This joint-in-charge at the state owned reinsurer will continue till such appointment is made to the post of CMD by the government or until further orders, whichever is earlier, said MoF order on Tuesday.
Passenger vehicle sales decline marginally in November
Domestic car sales were down 10.83 percent to 1,60,306 units as against 1,79,783 units in November 2018, according to data released by the Society of Indian Automobile Manufacturers (SIAM)
IRDAI seeks suggestions from industry players on FDI hike
HDFC Life Insurance Company, SBI Life Insurance Company and ICICI Prudential Life Insurance Company gained more than 2 percent each, while General Insurance Corporation of India climbed 4 percent and New India Assurance Company rose 7.8 percent.
Anti-Maritime Piracy Bill introduced in Lok Sabha
According to section 3 of the bill, “whoever commits any act of piracy, shall be punished (i) with imprisonment for life; or (ii) with death, if such person in committing the act of piracy causes death or an attempt thereof.”
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India climbs one spot to 129th in 2019 human development index: UNDP
India ranked 130 last year. The steady progress was due to nearly three decades of rapid development, which had seen a dramatic reduction in absolute poverty, along with gains in life expectancy, education, and access to health care, she said.
500 electric cabs to hit Delhi roads this month to combat air pollution
Going big on zero emissions, the start-up for the benefit of its prospective customers also claims to follow a strict policy of zero surge pricing and zero cancellations.”The customers can book cabs without worrying about the hike in the price and they will have the ability to cancel the ride without paying for it,” it added.