The Bombay High Court on Monday passed interim directions for the...
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Centre taking steps to promote Ayush system of medicine: MoS Mahendrabhai
The Ministry of Ayush is working on the operationalisation of...
New India Assurance incurs losses of Rs192 crore in Q2 due to large CAT events
` Q2FY24 was one of the most challenging quarters for the company...
FinMin looking at suggestions of raising upper age limit for Atal Pension Yojana: Rajiv Kumar
APY is guaranteed pension scheme announced by the government on May 9, 2015. The scheme is focused on the unorganised sector workers which constitute more than 85 per cent of the workforce.
Mathur Panel favours health insurance claim payments in installments
The IRDAI had constituted the Mathur panel as earlier,various general/ health insurance companies had proposed to provide an option for payment of claim benefits in respect of Personal Accident (PA)/ Benefit Based Health insurance policies in installments.
HDFC Life net at Rs 913 cr, up 20 %, in Apr-Dec
Vibha Padalkar, MD & CEO said “We continue to grow faster than the industry and sustain our leadership position on profitability. Our commitment towards diversification, both in terms of product mix and distribution, has helped us withstand macro as well as regulatory headwinds. We believe that our focus on the three tenets of protection viz. mortality, morbidity and longevity, coupled with our aspiration of being the leading digital life insurer in India, will enable us to make the most of the long term growth potential of the life insurance industry.
LIC completes acquisition of 51% stake in IDBI Bank
“The deal, conceptualised in June 2018, is envisaged as a win-win situation for both IDBI Bank and LIC with an opportunity to create enormous value for shareholders, customers & employees of both entities through mutual synergies,” IDBI Bank said in a BSE filing
MoF shortlists four names for LIC chairmanship
The senior officials of the LIC who have been shortlisted are M R Kumar Zonal Manager(ZM), Delhi, Vipin Anand Zonal Manager, Mumbai, TC Suseelkumar, ZM, Hyderabad, Raj Kumar CEO, LIC Mutual Fund
SBI Life’s net profit rises 15% to Rs264 cr in Q3 FY2018-19
The new business premiums collected in Q3 grew 14.6 percent YoY to Rs 2,734.49 crore while the renewal premium during the period increased to Rs 5,270 crore, up 35 per cent over Rs 3,904 crore in Q3 FY 2017-18
EV makers demand Rs 20,000 cr in the next two years for promoting vehicles
“Electric mobility needs stable and long-term policy support, concentrated dose of customer incentives and massive awareness campaign to reach a target of 30 per cent EVs by 2030,” said SMEV Director-General Sohinder Gill
DGCA asks airlines to make extra checks on A320neo planes with P&W engines
“Log all the cases detecting odours/smoke in cabin during operation for necessary investigation and rectification,” the DGCA said in its notification, adding that in all such cases the engine would need to be inspected in detail and used only after the defect is resolved.
Urban Affairs Ministry to organise fortnight-long programme for poorest of poor
16 lakh street vendors have been identified through a survey and half of them have been given identity cards. More than 1,000 permanent shelters have been set up, creating space for more than 60,000 urban homeless
Delhi a ‘gas chamber’, better not to live in city, says SC about pollution
“In the morning and evening, there is so much pollution and traffic congestion,” Justice Arun Mishra said, hearing a matter related to air pollution in the National Capital Region.