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Govt to roll out health cover scheme from next fiscal: FM,likely to be launched on either August 15 or October 2,

by AIP Online Bureau | Feb 2, 2018 | Health, Indian News

NEW DELHI: Finance Minister Arun Jaitley on Friday said the world's biggest health cover plan announced in the Budget will be cashless and not a reimbursement scheme, and promised more funds if required depending on the rollout later next financial year. The...

United India raises Rs 900 crore at 8.25 per cent, issue oversubscribed by two times

by AIP Online Bureau | Feb 2, 2018 | Indian News

Mumbai: Just day before government announced the three way merger of the Chennai based United India Assurance (UII) , the state owned general insurer has successfully raised Rs 900 crore of debts on Tuesday to boost its solvency ratio.   The debt issue in...

New health insurance plan may cost Centre, states $1.71 bn a year

by AIP Online Bureau | Feb 2, 2018 | Health, Indian News

NEW DELHI: Prime Minister Narendra Modi's ambitious plan to provide health insurance to 100 million poor families would require Rs 110 billion ($1.71 billion) in federal and state funding each year, a government official told Reuters.   The National...

Insurers hail Budget-2018, Markets cheer insurance stocks

by AIP Online Bureau | Feb 1, 2018 | Indian News

Leading insurers have given thumbs up to some of the announcements in Budget -2018,unveiled by Finance Minister Arun Jaitley on Thursday.The stock markets also cheered the insurnace stocks that have seen almost over five per cent appreciation during the trading...

Budget 2018:Rs 5 lakh healthcare cover for 10 crore poor families for free

by AIP Online Bureau | Feb 1, 2018 | Indian News

NEW DELHI: Finance Minister Arun Jaitley on Thursday presented the rural oriented Union Budget 2018. Indian economy is now 2.5 trillion dollar economy in the world and expected to become the fifth largest economy very soon. We are set to achieve high growth,"...
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