Ashwini Vaishnaw, Union IT Minister The minister made it clear that...
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Distribution reforms to generate employment, make new players’ entry easier: IRDAI Member
Girija Subramanian,member, Distribution, IRDAI The effective dates...
Keralam to bring law guaranteeing care for senior citizens in next Assembly session: CM
V D Satheesan,Chief Minister, Keralam "We are preparing legislation...
Insurance brokers body to engage IRDAI soon over proposed distribution reforms
L-to-R- Functionaries of Insurance Brokers Association of India- Rashmi Iyer, director,Nirmal Bazaz, secretary, Narendra Bharindwal, president- at the AGM of the association in Mumbai on Saturday “We are carefully reviewing the consultation paper to fully understand...
India can achieve over 10% economic growth, says Sitharaman
Nirmala Sitharaman,Union Finance Minister Sitharaman cited the use of technology to speed up harvesting and prepare land for the next crop, as well as drones and aerial geospatial instruments for precision mapping of land parcels that were earlier mapped manually....
Pilots’ body seeks role in review of Air India AI171 crash report, raises technical concerns
In a letter to Civil Aviation Minister Ram Mohan Naidu, the pilots’ body said it has learned that the government is either considering or has already initiated an independent examination of the draft report being prepared by the Aircraft Accident Investigation Bureau...
“Maritime security emerges as a major challenge in the world today”
Former National Shipping Board member Captain Sanjay Parashar said that maritime security has emerged as a major challenge before the world today and that seafarers working on ships should not become targets during situations of war and conflict. New Delhi: A...
Non-recovery of train ticket from deceased passenger can’t defeat compensation claim: SC
The Supreme Court has said the absence of recovery of a train ticket from a deceased passenger cannot result in defeating the compensation claim, as it restored the payout awarded to the parents of a man who died after falling from a moving train in Gujarat in 2017....
Recurring landslides threaten to render West Sikkim village uninhabitable
Disaster Relief Commissioner Rinzing Chewang said a detailed geological survey would be conducted after the monsoon to assess the landslide and determine its causes through a multidisciplinary assessment involving various government departments. Gangtok: Recurring...
Airbus detects surface coating issue with A321 neo fuselage; some IndiGo planes see impact
Around a dozen of A321 neo planes with IndiGo have been impacted, the sources said while there is no impact on the aircraft in the Air India fleet New Delhi: Airbus has detected a quality issue with the surface protection coating on the fuselage of a significant...
Dinesh Pant resigns as MD of LIC, to join as member, Actuary,IRDAI soon
With Pant's departure, LIC has now vacancies of two managing directors.Going by the rules, for one of the MD posts, for the first time, private sector candidates can apply. New Delhi: The government has accepted the resignation of Dinesh Pant, 59, managing director,...
IRDAI plans sweeping reset of insurance distribution, say experts
“The changes would directly affect automobile dealers, OEM-linked brokers, insurers and other motor insurance distributors quite drastically. By reducing upfront earnings from new-vehicle policies and tightening dealer-linked arrangements, the proposals could further...
Keralam govt forms panel to roll out Oommen Chandy Health Insurance Scheme with Rs 25 lakh cover
V.D. Satheesan,Chief Minister, Keralam Three insurance-sector veterans have been appointed as expert members: Girish Radhakrishnan, former CMD of United India Insurance Company, P. J. Joseph, former CMD and former Member (Non-Life) of IRDAI; and K. Sanath Kumar,...