``India is going through a period of rapid economic growth and...
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Govt shortlists 5 candidates for selecting a new GIC Re CMD
The officials who have been shortlisted after due delligence for...
India will be first country in the world making healthcare quite affordable:Devi Shetty
``Believe me, in the next five to seven years time, expenses for...
DFS secy asks 4 PSU general insurers to bring down their underwriting losses and guard market share
M Nagaraju, after becoming the DFS secretary, held his first review meeting with the four state owned general insurance companies in New Delhi on Tuesday New Delhi: M. Nagaraju, secretary, Department of Financial Services (DFS), has asked the four state owned general...
HC seeks Delhi govt’s stand on PIL to implement AB-PMJAY in city
A bench of Chief Justice Manmohan and Justice Tushar Rao Gedela said it was "strange" that the Delhi government was not accepting Centre's aid when there was "no money" with it for its healthcare system New Delhi: The Delhi High Court on Wednesday expressed shock over...
LIC explores picking up stakes in Manipal Cigna Health Insurance
According to sources in the insurance industry, LIC’s choice of Manipal Cigna is purely on the basis of cheaper valuation among the old stand alone health insurance companies New Delhi: Life insurance behemoth Life Insurance Corporation (LIC) is considering...
Berkley Asia and Lloyd’s Syndicate Volante venture into Indian markets
One more Lloyd’s Syndicate Volante has received a license from the Indian insurance regulator IRDAI to join the existing Lloyd’s platform in Mumbai while another major reinsurer Berkley Insurance Asia has ventured into the the Gujarat International Finance...
Existing PAN holders do not need to apply afresh under PAN 2.0: Tax dept
"With existing PAN database of 78 crore PANs and 73.28 lakh TANs, the project addresses the requirements of taxpayers, focusing on consolidation of multiple platforms/portals and efficient services to PAN/TAN holders," Central Board of Direct Taxes (CBDT) said in a...
Labour Min asks EPFO to focus on preparations to launch ELI Scheme
Three schemes for ELI were announced in Union Budget 2024-25 as part of the Prime Minister's package of five schemes and initiatives to facilitate employment, skilling and other opportunities for 4.1 crore youth over 5 years with a central outlay of Rs 2 lakh crore...
Rapid increase of Himalayan glacial lakes, NGT issues notice to Centre others
Taking cognisance of a news report showing about 10.81 per cent increase of the glacial lakes in the last 13 years due to the rising temperatures, Justice Prakash Shrivastava and expert member A Senthil Vel said the report had outlined the sudden growth of these lakes...
Govt announces Rs1,435 cr project to make PAN a common business identifier
"The PAN 2.0 Project resonates with the vision of the Government enshrined in Digital India by enabling the use of PAN as Common Identifier for all digital systems of specified government agencies," an official release said New Delhi: The government on Monday...
India’s economic outlook for coming months ‘cautiously optimistic’: Finmin Report
Amidst a clouded global background, and after a brief period of softening momentum over the monsoon months, the report said, many high-frequency indicators of economic activity in India have shown a rebound in October. These include indicators of rural and urban...
GoM report on GST on health insurance to be placed before Council when received FinMin
Minister of State for Finance Pankaj Chaudhary informed the House that revenue generated from GST on healthcare and life insurance services was Rs 8,263 crore and Rs 8,135 crore, respectively during fiscal 2023-24, as against Rs 7,638 crore and Rs 9,132 crore in the...