In India, insurers can vary health insurance premiums by city based...
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Messages like ‘you are slim smart fair’ to unknown woman at night amount to obscenity: Court
Earlier, the accused was convicted by a magistrate court here in...
Vulgarity on social media: Centre issues advisory to OTT platforms, self-regulation bodies
In an advisory to over-the-top (OTT) platforms and self-regulatory...
Coastal & Merchant Shipping bills to integrate environmental standards, compliance steps: Sonowal
Sarbananda Sonowal, Union Cabinet Minister. Ministry of Ports, Shipping and Waterways Delivering the valedictory address at the Green Shipping Conclave 2025 here, Sinowal, who is the Union Minister for Ports, Shipping and Waterways, also called for a united approach...
IRDAI imposes Rs 1cr fine on UIB Insurance Brokers for flouting premium remittance rules
According to the IRDAI, the broker does not have any right over the insurance premiums so that the amounts are timely remitted to the respective parties to ensure the coverage and payment of claims and thus protect the interest of the policyholders. These are the...
100 pc FDI to help Indian insurance sector reach $222 billion by 2026
“However, it is crucial to understand the complexities of compliance management that companies face in this space. Insurers operate within an exceptionally complex compliance framework, with a typical general insurer managing over 4,500 regulatory obligations...
Govt eases norms for import of vintage cars
However, it said such cars that would be plying on public roads will continue to be subject to Motor Vehicles Act, 1988. New Delhi: The government has eased norms for imports of cars classified as "vintage motor vehicles" by actual users, according to a notification....
Burmans’ Rs 2,116-crore open offer for Religare gets tepid response
The open offer closed on February 13 and the date of payment of consideration was February 17, the data said New Delhi: Burmans' open offer of Rs 2,116 crore for the acquisition of additional 26 per cent stake in Religare Enterprises Ltd (REL), the holding company of...
RBI launches mobile app offering access to Indian economic financial data
Further, the app's 'Banking Outlet' section will help users find banking facilities within 20 kilometres of their location and they can also access data about SAARC countries through the 'SAARC Finance' Mumbai: Reserve Bank on Tuesday launched mobile application...
IRDAI forms high powered panel under former SBI chief Dinesh Khara to suggest measures for insurance reforms
Dinesh Khara, former chairman, State Bank of India Panel will look into various aspects of Insurance Act 1938 and suggest amendments The other members of the panel are-N. Kannan , former CEO ICICI Prudential Life Insurance, Saurabh Sinha, former executive director,...
IRDAI unveils Bima-ASBA for issuing life and health policies from March 1
Under Bima –ASBA facility, transfer of money from the prospect to the insurer happens only when policy is issued. Amount towards insurance premium will be debited from the customer's bank only after the insurer decides to accept the proposal. One-time manadate through...
Emboldened crypto industry seeks to cement political influence and mainstream acceptance
The crypto industry has scored some early wins since Trump took office, including the repeal of an accounting rule by the U.S. Securities and Exchange Commission and an executive order by the president directing a working group to study and propose changes to crypto...
360 ONE Asset picks up 15% stake in Bharti AXA Life Insurance
Parag Raja, managing director and CEO, Bharti AXA Life Insurance, said`` with this partnership, we aim to further accelerate innovation, enhance our product offerings, solidify our service experience and further deepen our market presence. Together, we are poised to...