``The United States has more than 40 fellow actuaries per million...
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Air ambulance with 7 onboard to Delhi from Ranchi crashes
The DGCA in a statement said, "On 23.02.2026 Redbird Airways Pvt...
Suresh Agarwal appointed as MD & CEO designate of life insurance JV between Mahindra and Manulife
Suresh Agarwal, MD & CEO designate of proposed life insurance...
PM Modi expresses concern over threats emanating from digital frauds, cybercrimes
Prime Minister Narendra Modi As a counter measure to the potential threats generated by digital frauds, cybercrimes and AI technology, the prime minister called on the police leadership to convert the challenge into an opportunity by harnessing India's double AI power...
Health, life insurance premium to fall if GST Council decides to reduce taxes on premium: FM
Nirmala Sitharaman, Finance Minister "…The matter of review of GST rates on life and health insurance is pending before the GoM. If a recommendation for a reduction in GST rate is made by the GST Council, the cost of insurance to the policy holder is expected to come...
Insurance (Amendment) Act, 2024: Govt has no composite plans for LIC and PSU general insurance companies
To enable PSU insurers to avail composite licenses, the government needs to amend the two existing Acts- The Life Insurance Corporation Act of 1956 and the General Insurance Business (Nationalisation) Act, 1972 (GIBNA). But, no such provisions have been made in the...
14 lakh Ayushman Vay Vandana cards created for elderly above 70 in a month: Centre
The estimated expenditure for the AB-PMJAY scheme for senior citizens above 70 years is Rs 3,437 crore. Of this, Rs 2,165 crore in the central share expenditure is likely to be incurred during the Financial Year 2024-25 and 2025-26, the Ministry said. New Delhi: About...
FPIs’ selling spree continues in Nov at Rs 21,612 cr
According to the data, FPIs recorded a net outflow of Rs 21,612 crore in November. This came following a net withdrawal of Rs 94,017 crore in October, which was the worst monthly outflow New Delhi: Foreign investors pulled out Rs 21,612 crore ($ 2.56 billion) from the...
Heavy rains lash Tamil Nadu, ‘Fengal’ continues to moves towards coastline
Departure and arrival schedule of flights were affected to some extent.The government had already declared November 30 a holiday for educational institutions and requested IT firms to make their employees work from home. Chennai: Heavy rains accompanied by gusty winds...
Fair price of vehicles to be scrapped will be decided by market forces, no govt intervention: Nitin Gadkari
Nitin Gadkari, Union Minister for Road Transport and Highways To ease the economic burden on citizens, especially low-income groups, incentives are provided for scrapping vehicles. These include waiving registration fees for new vehicles purchased with a "Certificate...
Govt seeks to overhaul Indian insurance sector with extensive reforms measures
Insurers to be allowed to do certain other business, in addition to insurance business, enabling additional stream of revenue for insurers - like carrying of guarantee or indemnity business, managing and selling property possessed by company in satisfaction of claims,...
Welfare pension fraud: Luxury car owners, affluent individuals found on beneficiary lists in Kerala
This revelation comes amidst widespread outrage in Kerala following reports that nearly 1,500 government employees, including gazetted officers and college professors, had fraudulently claimed social security pensions Thiruvananthapuram: An audit conducted by the...
Finmin proposes to raise FDI in insurance to 100%, seeks public comments by December 10
According to an office memorandum dated November 26, 2024, it is proposed to amend certain provisions of insurance laws to ensure accessibility and affordability of insurance to citizens, foster expansion and development of the insurance industry, and streamline...