V Anantha Nageswaran,Chief Economic Adviser He also emphasised that...
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Narayana Murthy backed general insurer Acko plans $350 million IPO
The IPO, which may include a mix of primary shares and secondary...
ICICI Pru Life reports a 20% rise in its Q3 profit to Rs 390 crore
`The recent '0% GST reform' on individual policies has...
Sumit Sarawgi to lead Oliver Wyman in India
Sumit Sarawgi, India Head, Oliver Wyman, The management consulting industry in India is at the cusp of transformation. Clients today seek agility and innovation that goes beyond traditional approaches,Sumit Sarawgi MUMBAI: Oliver Wyman, a global management consulting...
IRDAI forms high powered panel under former SBI chief Dinesh Khara to suggest measures for insurance reforms
Dinesh Khara, former chairman, State Bank of India Panel will look into various aspects of Insurance Act 1938 and suggest amendments The other members of the panel are-N. Kannan , former CEO ICICI Prudential Life Insurance, Saurabh Sinha, former executive director,...
IRDAI unveils Bima-ASBA for issuing life and health policies from March 1
Under Bima –ASBA facility, transfer of money from the prospect to the insurer happens only when policy is issued. Amount towards insurance premium will be debited from the customer's bank only after the insurer decides to accept the proposal. One-time manadate through...
DFS Secy launches LIC’s new Pension plan
M.P. Tangirala, additional secretary, M. Nagaraju, secretary, financial services, Ministry of Finance, M Jagannath, managing director, LIC at launching ceremony of LIC's new Pension plan LIC’s smart pension plan is a non-par, non linked, Individual/Group, savings, and...
Cancer vaccine for women to be available in five to six months, says Union Minister Jadhav
The vaccine will tackle, breast, oral and cervical cancers New Delhi: A vaccine to fight cancers affecting women will be available in five to six months, and those in the age group of nine to 16 years will be eligible for inoculation, Union Minister Prataprao Jadhav...
360 ONE Asset picks up 15% stake in Bharti AXA Life Insurance
Parag Raja, managing director and CEO, Bharti AXA Life Insurance, said`` with this partnership, we aim to further accelerate innovation, enhance our product offerings, solidify our service experience and further deepen our market presence. Together, we are poised to...
LIC unveils digital `one man office’ for its sales force
Siddhartha Mohanty, CEO & MD, LIC One Man Office (OMO), offered through the ANANDA (Atma Nirbhar Agents New Business Digital Application) platform, is a mobile digital office at the hands of sales force and an easy-to-use one stop solution for all business and...
Sebi asks RAs, IAs to disclose most important terms, conditions of services to clients
Research analysts and investment advisers cannot guarantee profits or risk-free investments. Any investment is subject to market risks. Also, Sebi asked investment advisers (IAs) to include MITC in investment advisory agreements with clients. They must clarify that...
DICGC’s cover on bank deposit beyond Rs 5 lakh, Bill allowing Composite licenses soon, says DFS Secy
Union Finance Minister Nirmala Sitharaman is launching Mutual Credit Guarantee Scheme for MSMEs in Mumbai on Monday Govt asks private life insurance companies to increase the free look period for policyholders from one month to one year. The Centre is working on more...
Strong earthquake tremors shake Delhi-NCR, no casualties reported
Despite the tremors lasting only a few seconds, their intensity was sufficient to unsettle residents, prompting many to rush out of their homes as a precautionary measure. While the earthquake caused widespread panic, there have been no immediate reports of casualties...