Farmers can register through banks, common service centers, or the...
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Supervision of National Health Claims Exchange may be shifted from NHA to MoF to curb rising healthcare costs, source says
"Strict supervision" of the National Health Claims Exchange - the...
Govt to sell minority stake in LIC
The quantum of stake sale, price and timing would be decided in due...
Irdai forms task force to facilitate ease of doing KYC using Aadhaar
Rakesh Joshi,member (F&I), Irdai The panel has been asked to suggest measures to ease of onboarding of customers using Aadhaar, and steps for fraud management at underwriting and claims stages It has also to suggest measures for improving the traceability of...
LIC shares fall nearly 40 pc in first year of listing; investors’ wealth erode by Rs 1.93 lakh crore
“LIC’s IPO listed at a discount and has never seen the IPO price since then. It has massively underperformed the Nifty as well as its peers over the past year,” Deepak Jasani, Head of Retail Research at HDFC Securities, said New Delhi: Shares of the country’s largest...
Preventive healthcare in India gets shot in arm with ‘Health ATMs’
Health ATMs are touch-screen automated teller machine-sized machines which can screen vital parameters, including pulse, blood pressure, temperature, body mass composition, blood glucose, oxygen saturation levels and ECG, without any paramedic assistance Dr Satyender...
Proposal to blacklist ICICI Lombard sent to Maha Govt over crop insurance delay, says Akola collector
The private company has been appointed to insure crops in the district but there were delays in processing farmers' compensation claims following natural calamities, said district collector Nima Arora Akola(Maharashtra): The Akola district administration in central...
Slight delay in onset of monsoon over Kerala; arrival likely on Jun 4: IMD
If the monsoon onset is delayed and the ocean conditions are warm, there could be potential of cyclone formation close to the onset. That can change the course of the monsoon. This happened with cyclones Nisarga and Tauktae. However forecasts don't indicate a cyclone...
Insurance ‘scam’ case: CBI searches at nine locations in J-K, Delhi
In a first information report (FIR), the CBI named Reliance General Insurance along with Trinity Reinsurance Brokers as accused in the alleged scam in rolling out a medical insurance scheme for Jammu and Kashmir government employees and their families New Delhi: The...
Singapore Exchange plans to focus on risk-hedging products related to Indian infra, ESG initiatives
Risk hedging products related to the Indian infrastructure development, green initiatives, ESG as well as new energy minerals and metals are some of the areas SGX Group wants to focus on, William Chin, Commodities Head at SGX Group said. Singapore: The Singapore...
IRDAI reduces solvency from 1.875 to 1.5 for underwriting Surety Bonds
Recognizing the importance of Surety Insurance Bonds, IRDAI had issued ‘IRDAI (Surety Insurance Contracts) Guidelines’ in January 2022 Hyderabad: In a significant measures to develop a Surety Insurance Bonds market in the country, the IRDAI Tuesday has reduced the...
India considers testing cough syrups before export, says report
The CDSCO has also proposed making it mandatory for exporters to produce a "certificate of analysis" of batches exported from an approved laboratory, the news outlet reported India's $41 billion pharmaceutical industry received a major jolt last year when cough syrups...
HDFC Life declares highest ever bonus of Rs3660 cr to more than 23 lakh policyholders
Out of the total amount of Rs 3,660 crore, Rs 2,696 crore will be payable to policies in this financial year, as bonus on maturing policies or as cash bonuses. The remaining bonus amount would be payable in the future upon policy cessation by way of maturity, death...