The applicant should have minimum 45 years of age and two years of...
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Niva Bupa Health Insurance Q2 profit more than doubles to Rs 62 cr
Gross written premium increased to Rs 1,843 crore during the...
Carmakers post record sales in Oct driven by festive demand GST rate cut
"In October, we did a retail of 2,42,096 units, which is a growth...
Aon to acquire Prabodh Thakker’s Global Insurance Brokers
The combined capabilities of Global Insurance Brokers and Aon will allow us to better serve our clients across India in new geographies and industries. This acquisition will reinforce our commitment to helping our clients navigate volatility and make better decisions...
Panic grips north India as four earthquakes shake Nepal in an hour
Within an hour, more than 70 felt reports related to this earthquake were received from Delhi, Uttarakhand, Uttar Pradesh, Bihar, Himachal Pradesh, Rajasthan and Punjab through the NCS website and mobile app. These reports indicated intensities ranging from I to III...
Flash flood in Sikkim; 23 army personnel missing
The water level increased drastically overnight, affecting the Dam site of the 510 MV NHPC hydroelectric power project near Dikchu village Gangtok: A sudden cloud burst over Lhonak Lake in North Sikkim has resulted in a flash flood in the Teesta River in Lachen valley...
BAGIC receives Rs1010 crore GST notice on reinsurance commission and coinsurance deals
The alleged demand and the impugned show cause cum demand notice pertains to non-payment of GST on the co-insurance premium accepted as follower in case of coinsurance transactions and non-payment of GST on re-insurance commissionaccepted on the reinsurance premium...
LIC gets income tax penalty notice of Rs 84 crore; insurer to file appeal
For assessment year 2012-13, the tax authority has imposed a penalty of Rs 12.61 crore, for 2018-19 Rs 33.82 crore, while Rs 37.58 crore for assessment year 2019-20, LIC said in a regulatory filing NEW DELHI: Life Insurance Corporation (LIC) on Tuesday said that the...
Possession of e-cigarettes violation of law: Health Ministry
The ministry said that though there is no explicit mention of prohibition of individual use of e-cigarette in Prohibition of Electronic Cigarette Act (PECA) 2019, the law has been enacted to prohibit the production, manufacture, import, export, transport, sale,...
Thousands of govt employees protest at Ramlila Maidan to demand restoration of Old Pension Scheme
In Old Pension Scheme (OPS)), the government employees are entitled to receive pension equivalent to 50 per cent of their last drawn salary. Under the NPS, a state government employee contributes 10 per cent of his/her basic salary plus dearness allowance with the...
Festive demand steers passenger vehicle wholesales to record high in Sept
"This is the highest ever September of course, in any year in the Indian passenger vehicle history. It is also the highest ever in any month so far," said Maruti Suzuki India Senior Executive Officer (Marketing and Sales) Shashank Srivastava New Delhi: Passenger...
Pension-related concerns, healthcare among top queries of senior citizens on govt helpline
About 65 per cent of senior citizens are facing financial problems due to limited income, increased financial needs in old age, dependent younger family members, etc while 63 per cent elderly are facing social problems like age and gender discrimination, social...
Electric car gutted in fire in B’luru, narrow escape for two occupants
The video of the incident went viral on social media raising concerns among the owners of electric vehicles. Police said that two friends were travelling in the car and all of a sudden, the vehicle started to develop technical snag and smoke started emanating...