by AIP Online Bureau | Feb 5, 2020 | Eco/Invest/Demography, Indian News, Non-Life
New Delhi: After providing some capital, the government aims to complete merger of three state-owned general insurance companies — National Insurance Co Ltd, United India Insurance Co Ltd, and Oriental Insurance Co Ltd — by the end of March, Finance...
by AIP Online Bureau | Feb 5, 2020 | Eco/Invest/Demography, Indian News, Non-Life
New Delhi: The Centre on Tuesday told Parliament that some state governments like Rajasthan, Karnataka and Gujarat have debarred four insurance firms — SBI General Insurance, Tata AIG, Shriram General Insurance and UIIC — from participating in...
by AIP Online Bureau | Feb 5, 2020 | Eco/Invest/Demography, Health, Indian News
New Delhi: The Health Ministry has released Rs 3,520 crore in last two years to states under the Ayushman Bharat scheme, Health Minister Harsh Vardhan informed Parliament on Tuesday. Replying to a question in Rajya Sabha, Vardhan said the reasons for...
by AIP Online Bureau | Feb 5, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries
New Delhi: In order to protect interest of depositors, the Union Cabinet on Wednesday approved amendment to Banking Regulation Act to strengthen cooperative banks and avoid PMC Bank like crisis. There are 1,540 cooperative banks with depositor base of 86...
by AIP Online Bureau | Feb 5, 2020 | Eco/Invest/Demography, Indian News
Surat: The Surat diamond industry is likely to face a loss of around Rs 8,000 crore in next two months as Hong Kong, which is a major export destination, has declared a state of emergency due to the coronavirus outbreak in China, say experts. Hong Kong...
