The move is likely to reduce the government's future obligations...
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Exclusive cooperative insurance firm on anvil, to provide coverage to all cooperative societies in country: Amit Shah
Amit Shah, Union Minister of Home Affairs and Co-operation To...
More than a fifth of super rich want to migrate out of India Survey
The survey of 150 ultra high networth individuals said that the US,...
PMFBY committed to providing comprehensive insurance coverage against crop loss: Govt
The acceptability of the scheme has increased amongst the farmers in the last 6 years, with share of non-loanee farmers, marginalized farmers, and small farmers increasing by 282% since the initiation of the scheme in 2016 Union Ministry of Agriculture and Farmers...
Swiss seek mandatory reporting of cyberattacks on key infrastructure
It asked parliament to approve legislation that creates the legal basis for reporting obligations and spells out the tasks of the National Cybersecurity Centre (NCSC) as the central watchdog for cyberattacks Zurich: The Swiss government proposed on Friday making it...
Overhauling Regulations: Time for spurring long-term sustainable growth
Unless the existent issue of muted demand for insurance, especially life insurance products, is not acknowledged and addressed by the regulator and the industry, such supply-side proposals alone will not be adequate to spur sustainable growth, says a report by Emkay...
Govt proposes scrapping of minimum capital for insurers
The department of financial services (DFS) has said these amendments would enhance the financial security of policyholders, promote their interests, and improve their returns New Delhi: Revamping the existing regulatory frame work, the finance ministry has proposed...
Rising inflation, falling wages threaten increased poverty and unrest: ILO
“Income inequality and poverty will rise if the purchasing power of the lowest paid is not maintained,” he said. “In addition, a much-needed post-pandemic recovery could be put at risk. This could fuel further social unrest across the world and undermine the goal of...
Govt gears up for amending Insurance Acts to overhaul sector, may go through in Budget Session
On Wednesday, the department of financial services, through an office memorandum has asked for public comments on the proposed amendments by December 15 The proposed amendments primarily focus on enhancing the financial security of the policy holders, promoting policy...
Meghalaya cabinet nod for mental health policy
It also aims to promote overall mental health and wellbeing and facilitate appropriate access and care pathways for common and severe mental health concerns, with focus on person-centred care. Shillong: The Meghalaya cabinet has approved a policy aimed at addressing...
Govt funding into health sector needs substantial augmentation: Chairman 15th Finance Commission
"Furthermore, the per capita health spending of Bihar, Uttar Pradesh and Jharkhand is about half that of Kerala and Tamil Nadu. Equally, the ratio of doctors and nurses to the total population reflected in variations on life expectancy remains on a broad spectrum," N...
NITI Aayog VC expresses concern over revival of old pension scheme, says it will burden future taxpayers
''I am slightly more worried about the return to the Old Pension Scheme (OPS). I think that is more of a concern because the cost will be borne by future taxpayers and citizens, not the present,'' NITI Aayog Vice Chairman Suman said New Delhi: NITI Aayog Vice Chairman...
Fewer women were employed in 2021 than in 2020 due to Covid: Oxfam report
Oxfam said it believes that austerity policies are contributing to more women and girls joining the 1.7 billion who are already now living below the poverty line of USD 5.50 a day Fewer women were employed in 2021 than in 2020 due to the Covid pandemic and governments...