Government appoints Amit Misra as acting CMD of OIC for three...
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PSU general insurance industry Unions reject govt’s 12% wage hike proposal
Unions want a 17 per cent hike to be on par with the Life Insurance...
IFSC-GIFT City based insurers should develop products for tapping 32 million NRIs and Indian diaspora: IFSCA chairman
Narendra Bharindwal, president, Insurance Brokers Association of...
Bombay HC issues notice to Central govt, Bill Gates, Serum Institute over plea on alleged Covid vaccine death
Dilip Lunawat in his petition, "blamed the Government and others for misrepresenting the facts about the COVID-19 vaccine by making false claims about its safety and 'forcing' medical practitioners to take the vaccine." Mumbai: The Bombay High Court issued notices to...
IRDA allows agents, brokers and other intermediaries to be on boards of insurance companies
The proposed director should not not be working in the capacity of the chief insurance executive / specified person or any other officer responsible for soliciting insurance business for or on behalf of the insurance agent, intermediary or insurance intermediary while...
RBI seeks to shield growth as it prioritises inflation fight
His remarks came after data on Wednesday showed India’s gross domestic product grew less than RBI’s estimate of a 16.2% expansion, and signs that domestic demand will further moderate as borrowing costs rise are emerging Mumbai: India’s central bank will seek to...
Bima Lokpal settles 40,527 complaints in FY22
Sounding alert,Sudhir Krishna, Insurance Ombudsman, said consumers should not fall prey to unrealistic returns or offers like interest-free loan, revival or portal of policy, bonus or commission, New Delhi: The Insurance Ombudsmen offices across the country settled a...
“Cervical cancer ranks as the 2nd most prevalent cancers in India”
Current estimates indicate that every year approximately 1.25 lakhs women are diagnosed with cervical cancer, and over 75 thousand die from the disease in India, and 83 % of invasive cervical cancers are attributed to HPVs 16 or 18 in India, and 70% of cases worldwide...
SC serves notice to Centre on population control plea
The plea also sought a direction to the government to declare the first Sunday of every month as 'Health Day' to spread awareness about overpopulation and for distribution of contraceptive pills, condoms, vaccines, etc. to Economically Backward Class (EWS) and Below...
Jharkhand implements old pension scheme
Under the old pension scheme, the entire pension amount is given by the government. In NPS, employees contribute 10 per cent of their salary towards pension while the state government contributes 14 per cent. The implementation of the old pension scheme would benefit...
India’s monsoon seen above-average in Sept; distribution remains a concern
India is the world's biggest exporter of rice, a staple for Asia, and monsoon rains determine the size of the country's rice crop. India's top rice regions in the east - Bihar, Jharkhand and some parts of the states of West Bengal and Uttar Pradesh - have recorded a...
SII develops its first cervical cancer vaccine, may be priced between Rs 200 and Rs 400
Cervical cancer is the fourth most common cancer among women globally, with an estimated 604,000 new cases and 342,000 deaths in 2020, according to the World Health Organization. About 90% of the new cases and deaths worldwide occurred in low- and middle-income...
LIC’s first-ever AGM on 27th Sept, to sharpen focus on Bancassurance & non-par business
. ''We intend to increase our market share of non-par business as well as diversify the channel mix while ensuring that our agents stay as the main distribution pillars of our products,'' LIC chairman M R Kumar told shareholders in company's annual report for FY22....