A bench of Justices Abhay S Oka and Ujjal Bhuyan said state...
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‘Insensitive inhuman’ SC stays Allahabad HC observations on rape
Calling it a "very serious matter", a bench of Justices B R Gavai...
Regulations should not create unintended barriers for financial inclusion: RBI Guv
``India has made substantial progress on financial inclusion with...
Randip and Mamta promoted as EDs in IRDA
After a long time, IRDA will have three executive directors as Suresh Mathur, who has gone to Hyderabad based Institute of Insurance and Risk Mangement (IIRM) as a director, is already an excecutive director of IRDAI Hyderabad: After a long hiatus, the insurance...
Investors lose nearly Rs 19 trn in five trading sessions
"Markets continued to remain under pressure in sync with global markets slump, as worries of more interest rate hikes coupled with sluggish economic growth going ahead weighed on sentiment. The ongoing conflict and lockdowns in China due to virus spread is promoting...
`Burning Cost’ can’t be quoted as a ‘mandated minimum rate’ to charge premiums by general insurers” IRDAI
Allowing general insurers to extend appropriate discounts, IRDAI has explained that ``The objective of Insurance Information Bureau of India (IIBI) publishing details of ``Burning Costs'' occupancy-wise is only to give information to insurers with regard to...
Mamata urges people to get treatment under govt health scheme within Bengal
Mamata Banerjee, chief minister, West Bengal ''Last year, Rs 36 crore went out of the state. The thing is we provide Rs 5 lakh for each Swasthya Sathi (card). If the treatment is done here, the money rolls within our state. The problem is that the money is going out...
Karnataka HC stays Centre’s notification on higher fee and penalty on aged vehicles
As per the notification, fee for renewal of registration of cars older than 15 years was enhanced from Rs 600 to Rs 5,000 and bikes from Rs 300 to Rs 1,000 Fitness renewal certificate fee for buses and trucks older than 15 years was enhanced from Rs 1,500 to Rs...
SC refuses to grant interim relief on pleas seeking stay on LIC IPO share allotment
“We are not inclined to grant any interim relief,” the bench said as it issued notice to the Centre and LIC on the batch of pleas seeking their response within eight weeks New Delhi: The Supreme Court on Thursday refused to grant any interim relief and stay the Life...
Indian insurers shell out Rs 42,000 crore to settle 28 lakh Covid-19 claims in last 2 yrs
24 life insurers led by Life Insurance Corporation have paid Rs 17,362.48 crore for settling 2,27,268 Covid death claims Similarly, 30 functioning general insurance companies, including five exclusive health insurers, have already paid over Rs 26,000 crore for...
40 digital health service applications integrated with Ayushman Bharat Mission
R S Sharma, CEO, NHA said, "We welcome the health tech innovators who are actively coming forward to become a part of the ABDM ecosystem. In the last seven months of the launch of ABDM, a growing number of popular user applications have integrated with the digital...
Cyclone Asani weakens as it approaches Andhra coast
According to the weather office, the cyclone could damage thatched huts, cause minor damage to power and communication lines, harm paddy and other standing crops in Krishna, East and West Godavari, and Vishakhapatnam districts of Andhra Pradesh, and Yanam in...
Finmin invites applications for CVOs in PSU banks, insurers
CVO position would also fall vacant in New India Assurance Co and GIC Re shortly New Delhi; The finance ministry has invited applications from eligible candidates for the position of Chief Vigilance Officers (CVOs) in various public sector banks and insurance...