The power packed event will be addressed by Vivek Joshi, secretary,...
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LIC keen to keep part of its stake in IDBI Bank to reap benefit of bancassurance
''We have made it clear that IDBI Bank is our number one partner in...
S&P ups India’s FY’24 growth forecast to 6.4 pc on robust domestic momentum
The US-based rating agency, however, has cut growth estimates for...
Congress Party promises `Right to Healthcare Act’
The party will work towards improving public healthcare. “We will ensure the poor have access to high quality health care,” he said. The manifesto promised to double expenditure on healthcare to 3% of GDP by 2023-’24 and to enact the Right to Healthcare Act.
Vipin Anand takes charge as MD of LIC
The two other posts MDS will also fall vacant in couple of months as B Venugopal and Hemant Bhargava will be retiring in May 2019 and July 2019 respectively and the the Banks Board Bureau (BBB) is likely to conduct the interviews of senior officials of the corporation after the elections are over in May end. .
IRDA set to allow claim settlement in installments in healh & PA policies
IRDA has favoured the concept of payments of claims in installments in respect of personal accident policies issued by general and health insurers and benefit based health insurance policies issued by all insurers as claims offer an income in the hands of the claimants for a reasonable period of time on the happening of the contingent event insured under an underlying policy.
India has huge potential, the real question is speed of growth: Indra Nooyi
“As long as you go into a country and develop a local model and execute it locally, you live within the rules of that country. Don’t compromise your corporate governance principles.You have got to be aware of politics, be sensitive to all the minefields, but don’t play in them, don’t take a voice in them because that is a losing proposition,” she said, adding that if companies have knowledge of what’s going on but they just focus on doing their business, they will be successful.
Govt extends deadline for linking PAN with Aadhaar till Sept 30
“Notwithstanding the last date of intimating/linking of Aadhaar Number with PAN being September 30, 2019, it is also made clear that w.e.f. April 1, 2019, it is mandatory to quote and link Aadhaar number while filing the return of income,” it added.
GIC Re’s move to hike reinsurance prm challenged in Telengana HC
The writ petition of the Hyderabad based Laurus has taken a stand that the recent circular of the GIC Re, hiking the reinsurance rates, is illegal arbitrary and violative of Articles 14 and 191g of the Constitution of India and also contrary to the existing rules and regulations of the insurance regulator IRDA.
Foreign investors pull out Rs 44,500 crore from Indian market in 2018-19
On last Friday, the last working day of FY 2018-19 ,the 30-share pack Sensex closed higher by 127 points, or 0.33 per cent, at 38,673. This was Sensex’s best gains in four financial years.
CPI announces assured pension of Rs 9k per month
It also announced that it was for the implementation of the one rank one pension to all the retired defense personnel, universalisation of the PDS system, ensuring allocation of six per cent of GDP to health sector and the functional autonomy of the EC, CAG, RBI, CBI, CVC and other institutions of oversight.
India’s 82 % of the population suffers from high stress levels
It is extremely important to increase awareness about a heart-healthy lifestyle for everyone, and not just for people with existing health problem to reduce the risk of heart disease and improve quality of wellbeing”, says Prasun Sikdar, MD and Chief Executive Officer, Cigna TTK Health Insurance
IRDA postpones annual revision of Motor TP tariff due on Apr 1
Yegnapriya Bharath, chief general manager(Non-Life), in a notification on Thursday, has said, “Insurers will continue to charge the rates currently being charged for Motor Third Party Liability Insurance Cover from 1st April, 2019 onwards until further orders.’’