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NIA receives IT refund of Rs 249.79 crore
New India Assurance has received an Income Tax refund of Rs.249.79...
100% FDI: Indian Govt issues norms to ease compliance for foreign investment in insurance
The proposed changes to the Amended 2015 Rules make it clear that...
Luxury car market in India poised for record sales in 2023 after stellar H1 numbers
BMW Group India President Vikram Pawah said, ''In the second half also we will break records… It will be even better (than H1) with supplies becoming normal. We'll be having a record year if all things remain constant in the economy. The demand seems strong, the...
IRCTC travel insurance: Passengers now automatically covered, can opt out too
Passengers booking their train tickets on the IRCTC portal are now automatically provided insurance cover for Rs 10 lakh, a senior insurance industry official told IANS The policy covers death/disabilities/medical expenses due to a train accident during the travel....
IRDAI asks insurers to quickly settle claims out of North In dia floods
Insurers are advised to respond/assist the claimants through their 24x7 helplines,special claims desks at district level with delegated claims settlement teams for speedyprocessing and settlement of claims including on account payments at the earliest andalso...
South Korea flood death toll rises to 40, Yoon blames botched responses
The incident fueled questions over South Korea’s efforts to prevent and respond to flood damage. Some drivers who use the road regularly blamed the government for failing to ban access to the underpass even though floods were widely forecast South Korean President...
Raj govt partners with Square Insurance
The objective of the MoU is to bring all the insurance products and services to the last mile person in Rajasthan by using e-Mitra network and provide an umbrella of all the insurance products in services offered by the largest and smallest insurance providers in...
Himachal suffered losses of about Rs 8,000 crore due to rain: CM Sukhu
About 70,000 tourists have been evacuated from the state and 15,000 vehicles sent out, while around 500 tourists have voluntarily decided to stay back, Sukhu said in a statement issued here Shimla: Himachal Pradesh has suffered losses of about Rs 8,000 crore as heavy...
Russian oil headaches for buyers as crude prices hit $60
India and China have been the two dominant buyers of Russian crude since the invasion of Ukraine more than a year ago prompted others to shun the OPEC+ producer. As Urals climbs above the limit set by the Group of Seven, however, importers will face greater scrutiny...
Need to achieve 100 pc coverage under Ayushman Bharat insurance scheme, Mandaviya tells states
Mansukh Mandaviya,Union Health Minister More than 4.34 crore hospital admissions worth more than Rs 51,749.40 crore have been authorised under the Ayushman Bharat PM-JAY so far, according to government data Dehradun: The government plans to begin a mega enrolment...
UN scrambles to save Black Sea grain deal, with EU help, ahead of Monday deadline
The EU is considering connecting a subsidiary of the Russian Agricultural Bank (Rosselkhozbank) to the international payment network SWIFT to allow for grain and fertilizer transactions, sources familiar with discussions told Reuters on Wednesday. The European...
IRDAI makes Tata AIG Gen lead insurer for Maharashtra
``We will leverage our expertise, technology, and partnerships to develop innovative insurance products and services that cater to the evolving needs of the people of Maharashtra,"Neelesh Garg, MD & CEO of Tata AIG General Insurance Mumbai: The Insurance...