The UCC came into force as Chief Minister Pushkar Singh Dhami...
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Indian insurance industry watches Govt’s move on IRDAI chief as Panda’s 3-yr term ends on Mar 14
Debasish Panda, chairman, IRDAI Panda after taking over as IRDA...
Former Star Health Insurance CEO Prakash joins Bajaj General Insurance as a consultant
``Stepping into the consulting space has been a refreshing journey....
No proposal to reduce 18 % gst on health insurance plans:Karad
Minister of State for Finance Bhagwat K Karad . GST is determined on the suggestions of the GST Council, which is a constitutional physique comprising members from the central authorities and state governments. At current, no suggestion to scale back the GST price on...
`Let there be a Health Regulator or IRDAI should regulate hospitals,’ Alamelu
T L Alamelu, Member,(Non-Life),IRDAI Alamelu also cautioned insurers about the premium hikes and said the regulator is watching the situation "We have an eye on how insurers increase their premiums," Alamelu said Hyderabad: T L Alamelu, Member (Non-Life), Insurance...
Investors’ wealth tumble over Rs 5.80 lakh cr in two days of market slump
''Concerns over the new variant of Covid and the upcoming RBI meeting on interest rate kept the market volatile,'' Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd said. Mumbai:Investors' wealth tumbled Rs 5,80,016.37 crore in two...
PSBs restructure over Rs 58,500 cr loan advanced to 9.8 lakh MSME accounts amid pandemic: Govt
While, as many as 8.5 lakh accounts of individual borrowers of over Rs 60,000 crore have also been restructured New Delhi:Public sector banks (PSBs) effected restructuring of 9.8 lakh accounts of micro, small and medium enterprises, due to the impact of Covid-19...
NPS generated good returns for subscribers, says PFRDA Chairman
Supratim Bandyopadhyay,Chairman,PFRDA "Over a period of 12 years, the returns under equity schemes are more than 12 per cent, and in government securities, it was close to 9.9 per cent, and in corporate bonds, despite some credit events that we have seen, we have seen...
Omicron: Parliamentary panel recommends evaluation of vaccines, more research for booster dose
In view of loss of life during the second wave of the COVID-19 pandemic, the committee noted that the measures taken by the health ministry to contain or prevent the spread of SARS-COV-2 proved to be squarely inadequate and suggested that the focus should be on...
Maharashtra implements Motor Vehicles Act; hikes compounding fees for traffic offences
Driving without insurance will be punishable with Rs 2,000 compounding fees State transport commissioner Avinash Dhakane said the hike in compounding fees will help bring down accidents and ensure discipline among the citizens. "This will help improve overall road...
Only 22 persons got Covid treatment under Ayushman Bharat in Bihar
According to official data, 8.29 lakh persons underwent treatment using the Ayushman Bharat Yojana card during the first and second waves of the pandemic, but only 22 persons of Bihar availed treatment under the scheme Patna: Only 22 persons in Bihar were treated for...
LIC improves asset quality ahead of IPO; lowers net NPA to 0.05%
The percentage of gross NPA is 7.78 percent while the net NPA is 0.05 percent at the end of March 2021. This is lower than gross NPA of 8.17 percent (as a percentage of its debt portfolio) and net NPA of 0.79 percent in the previous year Mumbai:Ahead of its proposed...
LS passes Bill on assisted reproductive tech clinics; MPs flag exclusion of single parents, LGBTQ people
The Bill, which envisages prevention of misuse, and safe and ethical practice of assisted ART services, also seeks to set minimum standards and a code of conduct for fertility clinics and egg or sperm banksAny clinic or bank advertising or offering sex-selective ART...