Pankaj Chaudhary,Minister of State for Finance According to the...
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GST Revamp: Tax on premium for Rs 5 lakh Health and Term life insurance may be slashed to 5% or even zero from 18%, sources say
Shares of insurance companies such as ICICI Prudential , SBI Life,...
Liberty Mutual to pay $4.7 million for settling U.S. criminal bribery probe against its Indian subsidiary
In a letter made public on Monday, the Justice Department said the...
Gehlot writes to Modi seeking change in rules for PM crop insurance scheme
Ashok Ghelot,Chief Minister,Rajasthan The chief minister has also demanded to change the rule of compensating farmers for loss of crops on only two hectares of land in cases of natural calamity and increase this limit, according to a statement. Jaipur: Rajasthan Chief...
XBB.1.16 accounting for 38.2% of COVID-19 infection in India, says INSACOG bulletin
A few BA.2.10 and BA.2.75 sublineage was detected in some part of the country whereas XBB was the most prevalent sublineage of the Omicron variant. The INSACOG said globally, nearly 3.7 million new cases and 26,000 deaths have been reported in the last 28 days New...
Non-communicable diseases like diabetes, hypertension leading cause of death, suffering in India, says report
Commenting on the annual report, Apollo Hospitals Group Chairman Dr Prathap Reddy said, ''Preventive healthcare needs to become a national priority. Over the past 3 decades, NCDs have become the leading cause of death and suffering, contributing to 65 percent of...
Indian general insurance industry’s prm rises 16.50 % to Rs 2,56 trillion in fy2022-23, pvt sector captures 61.56% market share
Though, the actual figures are yet to be known for the whole year, this the second year, when the health business will be largest portfolio of the industry, followed by motor and crop At the end of Fy 2022-23, the four public sector general insurers, NIA,United India...
Sequoia Capital’s $8.5m funding for a startup improving fleet driver behaviors with telematics
It's a marketplace worth $76B today and set to grow to $214B in the next 6 years. LightMetrics is powering the global vehicle telematics industry with intelligent video capabilities as revenues grow 3x while customer numbers cross 2,500 fleets globally. Their flagship...
Total global reinsurance capital shrinks 12% to $638bn in 2022:Gallagher Re report
The drop in capital was driven by a decline in the value of investments. There was also a conspicuous absence of new capacity, despite the potential attraction of much tightened pricing and terms and conditions Perhaps most notably, for the first time in the past ten...
Howden accelerates growth in the Gulf with the establishment of Howden Bahrain
Dalal Buhejji, Executive Director of Business Development for Financial Services at the Bahrain Economic Development Board, said: “In line with the Financial Services Sector Development Strategy under the Kingdom’s Economic Recovery Plan which outlines an overall...
Kotak General Insurance partners with actyv.ai for providing MSME cover
Mumbai: Kotak Mahindra General Insurance (Kotak General Insurance) on Wednesday has partnered with actyv.ai to offer bite-sized insurance products to new-age Micro,Small and Medium Enterprises (MSME) companies. Jagjeet Singh Siddhu, Head of Multiline Business, Kotak...
India reports 4, 435 coronavirus cases in 24 hours, highest in past six months
In the wake of rising COVID-19 cases in India, Union Health Minister Mansukh Mandaviya on Monday said that Omicron's sub-variant which is circulating in the country has not led to an increase in hospitalisations and there is no need to worry. New Delhi: A total of...
NHAI to provide hospitalisation insurance cover to road accident victims on all four arms of the Golden Quadrilateral stretch: Gadkari
Road Transport and Highways Minister Nitin Gadkari Replying to a separate question, Gadkari said the National Highways Authority of India (NHAI) has envisaged a cashless treatment facility on all four arms of the Golden Quadrilateral stretch -- Delhi-Mumbai,...