The percentage cession of the sum insured on each general insurance...
Category:
Regulation
Latest
EPFO retains 8.25 pc interest rate on employees’ provident fund deposits for 2024-25
The retirement body had paid 50.8 million claims worth Rs 2.05 lakh...
IRDAI issues norms allowing insurers to use derivatives for hedging their equity portfolios
In line with these guidelines, insurers will be able to buy hedges...
Time for Covid-19 booster doses, recommends house panel
The Committee has also recommended that the MHA may take up with the Health Ministry to issue guidelines on fixation of price ceilings for hospital beds during pandemics like COVID-19 and other public health emergencies and due publicity be given to such prices. New...
Cyber security, frauds main concerns with digital currency: RBI
"Main concern comes from the angle of cybersecurity and possibility of digital frauds. We have to be very careful about that," said RBI governor Das Mumbai: As the RBI moves ahead for the launch of the central bank digital currency (CBDC), Governor Shaktikanta Das on...
RBI leaves rates unchanged,continues accommodative stance
Shaktikanta Das, governor, RBI The RBI's monetary policy committee held the lending rate, or the repo rate, at 4%. The reverse repo rate, or the key borrowing rate, was also maintained at 3.35% RBI governor Das said that the Indian economy is relatively...
Countries with regulations against industrially produced trans fats tripled over the past year
UN: Forty countries now have best-practice trans fat elimination policies in effect, protecting 1.4 billion people from this deadly food compound, according to a report released on Tuesday by the World Health Organization (WHO). Around 940 million people living in...
Panel orders immediate closure of NCR industries not using cleaner fuels
"Despite the measures taken in different sectors towards improvement of air quality in Delhi-NCR, the air quality still remains in the 'very poor' to 'severe' category," the Commission for Air Quality Management said. NEW DELHI:In a stern action against industries,...
Proposed India bill banning crypto payments could mean jail for violations
The government's plans to crack down heavily on cryptocurrency trading sparked a frenzy in the market and several investors exited with significant losses. New Delhi: Proposed legislation that would ban the use of cryptocurrencies as a method of payment in India also...
`Let there be a Health Regulator or IRDAI should regulate hospitals,’ Alamelu
T L Alamelu, Member,(Non-Life),IRDAI Alamelu also cautioned insurers about the premium hikes and said the regulator is watching the situation "We have an eye on how insurers increase their premiums," Alamelu said Hyderabad: T L Alamelu, Member (Non-Life), Insurance...
Maharashtra implements Motor Vehicles Act; hikes compounding fees for traffic offences
Driving without insurance will be punishable with Rs 2,000 compounding fees State transport commissioner Avinash Dhakane said the hike in compounding fees will help bring down accidents and ensure discipline among the citizens. "This will help improve overall road...
Lot of unhealthy speculation on crypto taking place, says FM: FM
Union Finance Minister Nirmala Sitharaman The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, has been included in the Lok Sabha Bulletin-Part II for the introduction in the ongoing Winter Session.The bill seeks to create a facilitative...
Sebi in process of stipulating disclosures specific to ESG scheme: Tyagi
Ajay Tyagi, chairman, Sebi The Sebi chief noted that Indian investors are showing increased interest in ESG compliant companies and investment products. Also, ESG funds are rapidly expanding in the Indian mutual fund industry New Delhi: Markets regulator Sebi is in...