Insurance industry hopes that key input services of commission and...
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IDBI stake sale likely to be completed this fiscal: DIPAM secy
"LIC's market value is around Rs 6 lakh crore. So, keeping in mind...
GoM backs Centre’s proposal to scrap 12% and 28% GST slabs: Samrat Choudhary
Samrat Choudhary,,Deputy Chief Minister,Bihar The GoM also reviewed...
Select Central government employees can opt for Old Pension Scheme
"It has now been decided that, in all cases where the central government civil employee has been appointed against a post or vacancy which was advertised/ notified for recruitment/appointment, prior to the date of notification for National Pension System i.e....
Reverting to OPS will privilege govt servants at cost of larger public: D Subbarao
''That will be a decidedly regressive move both for our commitment to fiscal responsibility, and more broadly for the credibility of our reforms,'' former RBI governor D Subbarao New Delhi: The decision of some states to restart Old Pension Scheme will be decidedly a...
Himachal Pradesh to implement Old Pension Scheme from April 1, to bear a burden of ₹ 1,000-crore during 2023-24
The employees under the New Pension Scheme (NPS), who have retired after May 15, 2003, will be given OPS from the prospective date. The decision would put a burden of ₹ 1,000-crore on the state exchequer during 2023-24 financial year, Shimla: The Himachal Pradesh...
AIIMS Delhi to soon join hands with other city govt hospitals for cross referral of patients
During the meeting, the LG was informed that the emergency department of AIIMS receives an average of 866 patients daily apart from the unmanageable critical patients coming from other government hospitals due to the lack of super-specialty facilities there New Delhi:...
CDC report suggests child deaths in Gambia linked to consumption of made-in-India cough syrups
''Patients with DEG poisoning can experience a range of signs and symptoms, including altered mental status, headache, and gastrointestinal symptoms; however, the most consistent manifestation is AKI, characterized by oliguria (low urine output) or anuria, progressing...
Investors’ wealth climbs Rs 3.43 lakh crore on market rally
''The sentiment was further lightened as FIIs turned in strong buyers,'' Vinod Nair, Head of Research at Geojit Financial Services,'' said Vinod Nair, Head of Research at Geojit Financial Services Foreign Portfolio Investors (FPIs) bought shares worth Rs 12,770.81...
LIC recoups losses as Adani Group shares rise
The value of LIC's shareholding in the Adani Group stocks has risen by about Rs 9,000 crore since and at Friday's closing price, it stands at Rs 39,068.34 crore, according to information available on the stock exchanges Mumbai: State-owned Life Insurance Corporation...
IRDAI now extends ‘Use & File’ procedure to Miscellaneous products with a sum assured up to 5 cr
With this move, all general insurance products, are now permitted to be filed under ‘Use and File’ procedure and can be launched without any prior approval. This will provide the vital fillip to the general insurance companies for a broad-based approach in designing...
IRDAI simplifies norms for senior citizens availing Immediate Annuity products from NPS proceeds
The exit form of NPS will be treated as proposal form for purchasing annuity, thereby reducing the time and efforts of senior citizens as well as insurers. Hyderabad: In order to bring ease of living for senior citizens, the insurance regulator IRDAI has relaxed the...
World Bank commits $1 bn to India for public healthcare infra
Through this combined financing of USD 1 billion (about Rs 8,200 crore), the bank will support India’s flagship Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM), launched in October 2021, to improve the public healthcare infrastructure across...