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Govt asks social media firms to identify, remove misinformation, deepfakes within 36 hours
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ICICI General’s net profit remains flat at Rs 239 cr in Q3FY 2018-19
ICICI Lombard General Insurance has extended the tenure of Bhargav Dasgupta as the MD & CEO of the company for a period of five years with effect from May 1, 2019, subject to approval of Insurance Regulatory and Development Authority of India and members of the company
Bill Gates congratulates Indian government for Ayushman Bharat scheme
“In just first 100 days of #AyushmanBharat, 685000 beneficiaries availed free health care & the number is rising rapidly,” Nadda had tweeted.
Govt to conduct economic census, to create a national business register
“We propose to build a business enterprise register which can be regularly updated and utilised by all stakeholders– state and central government,” Pravin Srivastava, Secretary, Ministry of Statistics and Programme Implementation (MoSPI), said at a joint workshop with CSC e-Governance Services India
Major farm measures likely in coming weeks: Agriculture Minister
The agriculture ministry has prepared a cabinet note on “addressing income deficit syndrome of small and marginal farmers” proposing various steps, including a financial package and interest waiver for timely crop loan repayers, according to sources.
Max Life Insurance to pay death claims up to Rs 50 Lakhs in just 1 day
In FY 2017-18, the company received total 10,332 individual death claims and has paid 10,152 individual death claims amounting to Rs. 353 crore, while only 178 death claims were rejected primarily because of medical non-disclosures and only two cases were pending due to ongoing investigation.
TATA AIG General launches ‘Medicare’ for health contigencies
Global Cover up to the full Sum Insured value, which empowers customers with a choice to avail treatment anywhere in the world, provided the diagnosis was made in India
There may be no tax on income up to ₹500,000
Budget may also reinstate tax-free status for medical expenses and transport allowance, providing some relief to the section already under strain since demonetisation
Tax return will soon be processed in one day
The processing time at present for ITR is 63 days and it will come down to one day after implementation of the project.will ensure transparency and accountability besides faster processing of returns and issue of refunds to the taxpayers’ bank account directly without any interface with the Income Tax Department
Turtlemint’s $25 million funding by Sequoia
“Turtlemint has pioneered a new model that is not only bringing new agents into the insurance domain but is also helping them become more productive & effective with their customers by making them digitally savvy”, said Harshjit Sethi, Principal, Sequoia Capital India Advisors. “Sequoia India is excited to partner with them from the early stages – the company is growing at a very fast clip and is well on its way to transforming insurance distribution in the country”, he added.
Bajaj Allianz General Insurance launches a Health Policy against Vector Borne Diseases
It covers seven major vector borne diseases namely Dengue, Malaria, Chikungunya, Kala Azar, Japanese Encephalitis, Filariasis and Zika Virus. Designed to be a benefit policy, it offers various coverage options that range between Rs10,000 to Rs 1,00,000 at nominal price that vary from Rs 160 to Rs 3,000.