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Respiratory illnesses: Govt reviews preparedness measures in view of emerging Chinese public health situation
In a letter by union health secretary to States and UTs, they have...
Indian exporters cautiously watch respiratory illness in China; say cause for concern if spreads more
Domestic exporters said that the present situation is not alarming...
Sale deal in final stage of completion: Star Health
A consortium of WestBridge AIF, investor Rakesh Jhunjhunwala and Madison Capital signed definitive agreements with the shareholders of Star Health to purchase the shares of the insurer last year. In October 2018, the Competition Commission of India (CCI) approved 100 per cent acquisition of Star Health and Allied Insurance Company Ltd by Safecrop Holdings Pvt Ltd and others.
General Insurance industry may close FY 2018-19 with a premium of Rs 1. 7 trillion
The industry has already registered a cumulative premium of Rs1,52,097.04 crore at FEb end , showing a growth of 13.43 percent as against Rs 1,34,084.94 crore, according to the IRDAI data.
Ex-SC Judge Justice PC Ghose set to be first Lokpal
His name was finalised and recommended by the Selection Committee comprising of Prime Minister Narendra Modi, Chief Justice Ranjan Gogoi, Lok Sabha Speaker Sumitra Mahajan, eminent jurist Mukul Rohatgi.
Govt to soon start selection process for new PFRDA chairman
Contactor is the first Chairman to head the regulatory body. He had joined PFRDA on October 7, 2014.As per the Act, the chairman will have a tenure of 5 years or till age of 65 years, whichever is earlier.
In India, most complaints by flyers are about harassment by airline staff
Last year, the civil aviation ministry had told the Parliamentary Standing Committee on Transport, Tourism and Culture that “systematic grievance redressal mechanism has been already put in place through which passenger grievances received by this office are forwarded to the concerned airline for redressal directly with the complainant as the travel by air is a contractual matter between the airline and the passenger”.
Govt sets up a high level panel under IRDAI chairman to overhaul Indian insurance sector
The panel which has been constituted by the Prime Minister Economic Council(PMEC) to bring about sweeping changes in the Indian insurance sector including examining the lacunae in the existing various acts governing the insurance industry and has been given time frame of six months to prepare the report
Ayushman Bharat, actually a ‘lifesaver’ for private insurance firms, says Jairam Ramesh
“Patients will not have access to adequate healthcare under PMJAY because it excludes outpatient treatment, which 87 per cent of ailing persons undergo. Outpatient treatment is a serious financial burden that accounted for 63 per cent of the Rs 4,955 spent by households out of their pockets on health in 2014,” he said.
HDFC Ergo provides Title Insurance for Mumbai’s real estate project
Title insurance has been developed stemming from the requirement of the Real Estate Regulation and Development Act 2016 (RERA), which mandates the purchase of Title Insurance for all new and ongoing property developments registered with the regulatory body, once notified by the State Governments.
Rs 210 crore of Army insurance funds sunk in IL&FS bonds
This means that crores worth of insurance premiums, covering all ranks from generals to JCOs and jawans, are at risk of being lost.Recently, officials of the Indian Army met the new board of the IL&FS seeking a solution of this issue.
India must address digital payments security issues: Nandan Nilekani
“I think increasing number of transactions, at the same time less security issues, less fraud issues, less disputes… could be what we need to see,” Nilekani said