The constitution bench is dealing with a legal question which...
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Govt will not make six airbags mandatory for cars: Nitin Gadkari
The government last year proposed to implement the six airbags...
Consultative process on proposed amendment in Arbitration and Conciliation Act underway: Centre tells SC
Amid a push for making India a hub for international arbitration,...
New India Assurance launches global mediclaim policy
New India Assurance (NIA) launched a global mediclaim policy to cover treatments like cancer, neuro-surgery, heart surgery, organ transplant and bone marrow transplant in hospitals only outside India. For this, the insurer had tied up with 99 hospitals worldwide including Cedar-Sinai Medical center, John Hopkins and King’s College hospital
Irdai asks insurers not reject claims on grounds of genetic disorder
Observing that the availing of health insurance was an integral part of the Right to Health and healthcare under the Constitution, Justice Pratibha Maninder Singh had held that the clause in the insurance policy excluding a person with “genetic disorder” from availing its benefit was “discriminatory” and contrary to public policy.
Corporate Affairs Ministry mulls proposal to collect passport details of directors
Passport details in at the digital warehouse will help authorities to take timely action and check fraudsters from fleeing the country.
SAT asks IRDA to reprobe kickback allegations against Marsh India Insurance Brokers
“We set aside the impugned order and direct IRDAI to entrust the matter to a competent officer other than P J Joseph, Member (non-life) for passing fresh order on the complaint filed by the appellant(Atkins Special Risks) on merits and in accordance with law,” the SAT judgement said.
Vehicle scrap policy gets go ahead at PMO meet; over 20-yr old CVs to face axe
A source in the know said that the matter will go to the GST Council where it has been requested to reduce the GST rate to 18 per cent from 28 per cent for a new commercial vehicle that would be purchased in place of a scrapped vehicle.
LS passes bill on damages for breach of contract
The bill aims to tweak a 54-year-old law that deals with specific fulfilment of a contract, as part of the government’s ease of doing business policy. The Union Cabinet had in December last approved amendments to the Specific Relief Act, 1963.
Indian customers to get new technology to tackle online frauds: Mastercard
Mastercards Executive Vice President for Asia Pacific Rama Sridhar said artificial intelligence, biometric, authentication were among other risk-assessing and managing solutions being used to tackle frauds across the globe including in India.
New premium of life insurers up 27% on year at Rs 13,698 cr in Feb
New Delhi: Life insurance firms reported an increase of about 27 per cent in its new premium collection in February at Rs 13,698.52 crore, data from insurance regulator Irdai showed today. Of all the 24 life insurance firms, countrys only state-owned as well as...
Revise meagre Rs 1,000 minimum pension in EPF Scheme:Parliamentary panel
The committee recommended that government undertake an assessment of the pension scheme with particular reference to the right of sustenance of the pensioners and based on the result, consider revision of the amount accordingly
SBI reduces charges for non-maintenance of minimum balance
Mumbai: The charges on non-maintenance of an average monthly balance in savings accounts have been reduced by up to 75 per cent. The State Bank of India on Tuesday reduced its charges on non-maintenance of an average monthly balance (AMB) in savings accounts by...