It is not clear how the order of the J&K Government will be...
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Shipping traffic through Strait of Hormuz remains muted as US-Iran talks stall
Shipping traffic passing through the crucial waterway at the...
Viksit Bharat not just about GDP but inclusive aspirations and shared prosperity: Sitharaman
Nirmala Sitharaman,Union Finance Minister Highlighting inclusivity,...
EV manufacturers could lose edge if GST slashed on ICE vehicles: HSBC Report
HSBC outlines three possible scenarios. In the first, GST on small cars could be reduced from 28 per cent to 18 per cent, while larger cars may be moved to a new special rate of 40 per cent with the removal of the cess. This would lead to price cuts of around 8 per...
India InsurTech Association recognized as a “Champion of National Health Claims Exchange
The India InsurTech Association (IIA) has been formally recognized as a "Champion of NHCX" (National Health Claims Exchange) - India’s pioneering digital platform transforming health insurance claims. NHCX, led by the National Health Authority (NHA), is...
Star Health insures 30 lakh sr citizens, settles over Rs 11,500 cr worth of claims in past 18 yrs
Star Health company has insured 30 lakh active senior citizens and settled over ₹11,500 crore worth of claims in the past 18 years .As India’s senior population crosses 11% of the total demographic, the industry faces the urgent task of designing sustainable and...
Nayara turns to dark-fleet tankers and Russian oil for survival
The refiner, part-owned by Russian oil major Rosneft PJSC, is an important pillar of the Indian market. Its 400,000 barrels-a-day processing plant accounts for 8% of the country’s refining, and the company operates 7% of its fuel stations. It’s been forced to reduce...
Senior citizen health covers witness a strong growth
"Approximately 6 in 10 health insurance policies are purchased between ages 60-65, with this bracket alone accounting for approx. 57 per cent of all followed by a steady rise in the 66-70 segment as awareness and health risks increase". New Delhi: On the occasion of...
Govt proposes removing entire 18% GST on retail health and life insurance: Samrat Choudhary
Finance Minister Nirmala Sitharaman chairs a meet of group of ministers(GoM) on GST rationilsation on Wednesday Bihar Deputy Chief Minister Samrat Choudhary said the Group of Ministers (GoM) on Goods and Services Tax (GST) will propose exempting health and life...
GST Revamp: Inverted duty structure is a key concern for insurers
Rakesh Jain, CEO, Reliance General Insurance A key concern is the inverted duty structure, which leads to accumulation of unutilised input tax credits, as insurers are unable to offset taxes paid on many input services that attract higher GST rates. This mismatch...
Govt has rescue-centric approach to handle disasters: Amit Shah
Amit Shah, Union Home Minister ``As a result of the efforts of the government in the field of disaster management, there has been a 98 per cent reduction in the damage caused by cyclones and a significant reduction in heat wave casualties. The Government is...
APAC Employee Benefits Strategy: Health and productivity as top priorities
"As organisations navigate economic uncertainty and rising employee expectations, the ability to deliver personalised, equitable and cost-effective benefits is a strategic differentiator," said Tim Dwyer, head of Human Capital for APAC at Aon Aon plc has released its...
Charles Taylor appoints Gordon Tennant as regional director of Marine Technical Services in Asia
Charles Taylor, a global leader in loss adjusting, has appointed Gordon Tennant as Regional Director, Marine Technical Services (Asia), marking a strategic expansion of its marine capabilities across the region. Gordon will be based in Singapore and will report to...