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AB PM-JAY: World’s largest government-funded health insurance scheme in six years of launch
J.P. NaddaUnion Health Minister Ayushman Bharat has become a...
Watching, mere storage of child pornography a crime: Supreme Court
The judgment authored by Justice J.B. Pardiwala suggested that the...
Ex-SC Judge Justice PC Ghose set to be first Lokpal
His name was finalised and recommended by the Selection Committee comprising of Prime Minister Narendra Modi, Chief Justice Ranjan Gogoi, Lok Sabha Speaker Sumitra Mahajan, eminent jurist Mukul Rohatgi.
Govt to soon start selection process for new PFRDA chairman
Contactor is the first Chairman to head the regulatory body. He had joined PFRDA on October 7, 2014.As per the Act, the chairman will have a tenure of 5 years or till age of 65 years, whichever is earlier.
Govt sets up a high level panel under IRDAI chairman to overhaul Indian insurance sector
The panel which has been constituted by the Prime Minister Economic Council(PMEC) to bring about sweeping changes in the Indian insurance sector including examining the lacunae in the existing various acts governing the insurance industry and has been given time frame of six months to prepare the report
Aadhaar can be used voluntarily as ID proof, President signs ordinance
It bans storing of core biometric information as well as Aadhaar number by service providers in cases of individuals who have voluntarily offered the national ID as a means of authentication. The ordinance gives effect to the changes in the Aadhaar Act such as giving a child an option to exit from the biometric ID programme on attaining 18 years of age.
The amendments make it clear that anyone not offering Aadhaar cannot be denied any service, be it opening of a bank account or obtaining a mobile phone SIM card.
Govt allows one more pension option for left over employees of PSU insurance cos
“Government approves one more pension option for left over employees of public sector insurance companies who joined on or before 28 June, 1995. It would benefit 42,720 employees including 10,720 senior citizens,’’ Jaitley tweeted on Saturday.
New air passenger charter gives more rights to flyers
The new charter amended the norms for charges incurred by travellers on cancellation and rescheduling of air travel, among others.
Association of British Insurers warns on no-deal Brexit hit
Britain’s government is considering different options, including possibly delaying Brexit, if parliament fails to approve Prime Minister Theresa May’s deal by March 12.
Evans said Britain’s insurers have transferred about 29 million insurance contracts and set up about 40 new hubs in the EU to minimise Brexit disruption to customers.
Minimum assured return scheme for NPS subscribers soon
EOI has been invited from actuarial firms to design, develop and recommend minimum assured return scheme (MARS) under the National Pension System that can be implemented under NPS architecture
EU insurance watchdog seeks to avoid Brexit no-deal disruption
This residual business is worth 7.4 billion euros ($8.4 billion) and centered on a handful of UK insurers, EIOPA said in November.
Significant beneficial owners in companies to face strict action for wrong disclosures
Significant beneficial owners, who fail to make a declaration regarding their ownership, could face fine, imprisonment or both under the Companies Act. In instances, where such entities have willfully provided incorrect information, then such acts would be considered as fraud under the Act. Similarly, companies that fail to maintain registers of significant beneficial owners would also face action, as per the rules.