The IAC advises the Irdai on framing regulations, protecting...
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Modernising Indian Insurers: Technology route to transformation
Organisations that are moving towards modular systems and...
Need expanded cancer coverage, early diagnosis under Ayushman Bharat: Study
To maximise the benefits of early detection, the study also...
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...
Sebi asks RAs, IAs to disclose most important terms, conditions of services to clients
Research analysts and investment advisers cannot guarantee profits or risk-free investments. Any investment is subject to market risks. Also, Sebi asked investment advisers (IAs) to include MITC in investment advisory agreements with clients. They must clarify that...
Aviva India fined $7.5 million by Income Tax authorities for fake invoice scheme
After hearing Aviva's defence, joint tax commissioner Aditya Singh Yadav ruled the company evaded tax of around Rs 32.6 crore ($3.8 million), which it must pay with a 100 per cent penalty, totalling Rs 65.3 crore, or $7.5 million, according to a February 5 order...
India to form Deregulation Commission: PM Modi
Prime Minister Narendra Modi "It is my conviction that there should be less interference of the government in the society. For this, the government is also going to constitute a Deregulation Commission," PM Modi said New Delhi: Prime Minister Narendra Modi on Saturday...