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Indian News

Govt approves Motor Bill; steep penalties for traffic offences proposed

As per the Bill, driving without insurance will be punishable with Rs 2,000 fine, while driving without helmets will attract Rs 1,000 fine and 3-month suspension of licence. As per the new provisions “guardian/owner shall be deemed to be guilty and there will be a penalty of Rs 25,000 with three years imprisonment and cancellation of registration of the Motor Vehicle”. 

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Kerala best state on health parameters, UP ranks worst, reveals Niti Aayog

Releasing the report, Niti Aayog Vice-Chairman Rajiv Kumar said the Aayog is committed to establishing the Health Index as an annual systematic tool to propel states towards undertaking multi-pronged interventions to bring better health outcomes.Niti Aayog member Vinod Kumar Paul said the Union government should spend 2.5 per cent of gross domestic product on health

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“Retirement related life goals are now a priority among Indian millennials”

Tarun Chugh, MD & CEO, Bajaj Allianz Life Insurance, said, “Having embarked on the journey to become life goal enablers, the scientific and in-depth findings will play an essential role in our business strategy. The insights from the first of its kind survey clearly indicate how life goals are evolving, and millennials are opting for unconventional life goals. Furthermore, it’s interesting to note, women driving some of these new-age life goals like travel, health and fitness.”

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LIC earns Rs23,600 cr of profit from its equity investment in 2018-19,total assets exceed Rs 30 trillion

As per the provisional accounts prepared, the corporations’s  total premium income- new premium and renewal premium- was Rs3,37.200crore showing a growth of 6.08 per cent while the total benefits  paid amounted to Rs2,50.900 crore growing by as much as 26.62 percent.The corporation had mobilised a total new premium of Rs41,086.31crore in 2018-19     

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