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7 killed in fire after explosion at EV charging point outside house in Indore
Police Commissioner Santosh Kumar Singh said a car was being...
MACT orders Bajaj Allianz General to pay Rs4.59 crore as compensation to parents of a 35-year-old Italian engineer
The court rejected the argument absolving the insurer(Bajaj Allianz...
FinMin renews merger proposal of state-owned general insurance companies
To facilitate the entry of new players from overseas to cater to the demand for insurance and increase penetration, the government has lined up a bill seeking to increase the FDI limit to 100 per cent from the existing 74 per cent in the insurance sector in the...
Mandatory appointment letters, fixed work hours, social security benefits among key changes in new labour Codes
The Ministry of Labour & Employment has also taken steps to develop a national database to enroll unorganized workers including migrants. It will help migrant workers get jobs, map their skills and provide other social security benefits. This will ensure...
Govt to table Bill to hike FDI in insurance sector to 100% in Winter session of Parliament
A bill seeking to open up the civil nuclear sector for private players, which will have implications for the industry, is among the 10 new proposed legislations listed by the government for introduction in the winter session of Parliament, beginning December 1. New...
“Insurers could be mandated to meet annual disability coverage targets monitored through digital dashboards”Sr Govt official
“IRDAI's role, along with the Ministry of Health and Family Welfare and the Department of Empowerment of Persons with Disabilities, needs to be very strongly converged and coordinated because this is not a single ministry's game. Insurers could be mandated to meet...
Probe agencies can’t freeze bank accounts involved in cyber fraud transactions:HC
A probe agency can put the disputed amount on lien, but cannot freeze the entire account, said a bench of Justices Anil Pansare and Raj Wakode at Nagpur in a judgment passed on Thursday Mumbai: In a significant ruling, the Bombay High Court has held that probe...
SC constitutes high-level panel to deal with contamination of rivers in Rajasthan
Referring to several verdicts of the apex court in environmental matters, the bench said these decisions leave no room for ambiguity that where environmental degradation threatens life, health and ecological balance, the state must act with urgency, competence and...
FSSAI asks states to remove fruit-based beverages other drinks being sold under ORS brand from mkts
Last month, the Food Safety and Standards Authority of India (FSSAI) had directed all food business operators to immediately stop using the word 'ORS' (Oral Rehydration Solution) in their labelling and advertisements, calling such practices misleading to consumers New...
Worforce Reforms: 4 new labour codes implemented for welfare of workers in India
Under Code on Social Security, 2020 all workers including gig & platform workers to get social security coverage. "All workers will get PF, ESIC, insurance, and other social security benefits," the ministry said New Delhi:In a landmark overhaul of labour laws, the...
Systemic leakages of Rs 10 000 cr annually in insurance sector eroding trust: Report
To address this, the report outlined a three-pillar framework of prevention, detection, and deterrence, underpinned by the enablers of standardisation, technology, and data interoperability NEW DELHI: Systemic leakages due to fraud, waste, and abuse (FWA) of...
8 officials selected for Insurance Ombudsmen
Those who have been selected by a government appointed panel are- Mukhmeet Singh for New Delhi, Rajiv Talwar for Noida, Rachna Khare, Pune, Pranai Prabhakar, for Ahmedabad, Sanjai Singh, for Lucknow, Manju Bagga, for Kolkata, Rashmi Ranjan Singh for Bhubaneswar,...