Parts of Kerala are among those most at risk globally for outbreaks...
Category:
Policy
Latest
Maha ends Rs3000 cr health insurance contract with United India in 2 months without any notice and reasons
United India Insurance, which has been the health insurer to...
GST Council forms GoM to review tax rate on insurance; report by Oct 30
The Terms of Reference (ToR) of the newly formed panel also include...
Cabinet moves to get legal backing, allow Aadhaar for phone numbers, banks
The Supreme Court had on September 26 struck down Section 57 of the Aadhaar Act that made seeding of the biometric ID with SIMs and bank accounts mandatory, saying it had no legal backing.
Govt forms panel under BBB to select MD for PSU insurance firms
The government has constituted a seven-member panel to select managing directors of public sector insurance companies.According to sources, the panel would be headed by Banks Board Bureau (BBB) chairman B P Sharma.
Citizens may soon be able to opt-out of Aadhaar as govt looks to amend the Act
Once implemented, the opt-out provision can be availed by all and their Aadhaar number and details including demographic and biometrics will be deleted from the servers of the UIDAI.
However, if a person opts out of the Aadhaar scheme, he/she won’t be able to avail many government schemes and subsidies where Aadhaar linkage is still mandatory.
Govt not to participate in LIC’s open offer in IDBI Bank
In October, LIC announced an open offer for acquiring 26 per cent of equity in IDBI Bank at a price of Rs 61.73 per share, entailing total payout of over Rs 12,602 crore.
Competition Comm approves LIC’s majority stake buy in IDBI Bank
Mergers and acquisitions beyond a certain threshold require the approval of the Competition Commission of India (CCI), which keeps a tab on unfair business practices across sectors.
China moves closer to allowing foreigners to control insurance ventures: sources
Beijing said in November last year that for insurance ventures it would first raise the foreign ownership cap to 51 percent from 50 percent. It has also pledged to remove the limit completely in three years
India jumps 23 places to 77th in ease of doing business ranking
The report recognises India as one of the top 10 improvers in this year’s assessment, for the second successive time. India is the only large country this year to have achieved such a significant improvement.
An evolving economy needs dynamic regulation, says Arun Jaitley
“I think…now that we are evolving as an economy, where all regulation needs to be relaxed or needs to be altered depending on the ground situation, I think this would be quite useful in the whole process,” he said.
Aadhaar mandatory for those seeking treatment under Ayushman Bharat for second time
Since its rollout over 47,000 people have already availed the benefits of the scheme, which has been touted as the world’s largest health insurance programme while over 92,000 have been given Gold cards, Deputy CEO of NHA, Dinesh Arora said
Govt to create `talent pool’, to allow second option on pension for PSU general insurance Cos
New Delhi: The government is keen to set up a `talent pool’ to deal with the succession planning for the PSU general insurance sector,even as, it has shown favourable response to the long standing demand to give one more option on pension to the...