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Here is a masonry blog layout with no sidebarThird-party insurance premium hike for 2-wheelers unlikely to impact demand: ICRA
After a two-year moratorium due to the COVID-19 pandemic, third-party insurance premium rates have been hiked between 15-20 percent for the premium category (more than 150 cc category) New Delhi: The upward revision in the third-party insurance premium for...
PFRDA rejects Chhattisgarh’s request to refund Rs 17,240 cr collected under NPS, CM urges Modi to intervene
Bhupesh Baghel,Chief Minister,Chhattisgarh PFRDA in a letter dated May 26 replied that there is no such provision available under which the funds, which are deposited both in the form of the government contribution and employees' contribution towards NPS, along with...
DGCA fines Vistara Rs 10 lakh for letting untrained pilot land flight
The captain as well as the first officer of the Indore flight did not train in a simulator but the first officer was still allowed to conduct the landing at the airport, DGCA officials said, attributing the delay in taking action to the time taken for the probe. New...
India one of few nations that have delivered on climate action commitments: Bhupender Yadav
Bhupender Yadav, Union Environment Minister Presenting India's ''national statement'' at the Stockholm +50 conference, Yadav said India has seen large-scale inclusive economic development in the last decade by disengaging the development process from environmental...
Ahead of consultation paper, RBI DG says CBDCs can kill case for cryptos
T Rabi Sankar, Deputy Governor,Reserve Bank of India The RBI has been vehemently opposed to cryptocurrencies like Bitcoin, saying there is no underlying value for such instruments which are essentially speculative in nature. It has gone public with the same, even as...
Demand for ESG jobs in India grows 468 pc in last 3 years: Report
ESG roles are most in-demand in sectors like healthcare and pharmaceuticals, banking, financial services and insurance (BFSI) and consulting sectors The report further revealed that companies have now also started looking at specific qualifications in jobseekers for...
5 NDRF units, Army columns, Navy, Coast Guard teams part of BMC plan to tackle monsoon
The civic body had held meetings with officials handling major infrastructural projects like metro rail and coastal road construction works to ensure channels carrying rain water are clear and do not have blockages, BMC additional commissioner P. Velrasu said Mumbai:...
‘NDRF is in constant touch with all state govts to deal with flood situation’
A large area in India is prone to floods in which the Ganga and the Brahmaputra are the main flood basins. Assam, Bihar, Uttar Pradesh and West Bengal are the most flood-prone states Earlier, the Union Home Minister Amit Shah, also directed the officials to make the...
Massive fire breaks out at Deepak Nitrite’s Vadodara plant, NIA is the lead insurer
The general insurers who have to now pay any claims are- New India Assurance that has a 45 per cent share in the insurance policy of Deepak Nitrite along with Future Generali (12.5 per cent), ICICI Lombard General Insurance (10 per cent share) RSA (10 per cent) SBI...
Trillions at stake in India as women disappear from workforce
Closing the employment gap between men and women — a whopping 58 percentage points — could expand India’s GDP by close to a third by 2050. That equates to nearly $6 trillion in constant US dollar terms, according to a recent analysis from Bloomberg Economics The...
US P/C insurer capital sufficient to withstand Hurricane Season
Capital strength provides insurers with an ability to withstand losses from large adverse events, including catastrophes. Industry policyholders’ surplus (PHS) increased by 40% over the last three years and now exceeds $1 trillion The June/July mid-year 2022...
Govt proposes to amend social media rules; to set up grievance panel
The proposed move assumes significance against the backdrop of instances of accounts, including that of celebrities, being blocked by social media platforms such as Twitter for alleged violation of respective community guidelines NEW DELHI: The Centre plans to set up...
SBI General floats new health vertical, ties-up with Apollo 24×7
PC Kandpal, MD & CEO, SBI General PC Kandpal, MD & CEO, SBI General said “The launch of the new health insurance vertical will enable us to meet the rising demand of health insurance, and to provide best-in-class customer service. Through this vertical, we...
IRDAI allows ‘Use and File’ procedure for all the health and most of general insurance products
The insurance industry is expected to use this opportunity for introduction of customized and innovative products, expansion of the choices available to the policyholders in order to address the dynamic needs of the market, which will further help in enhancing the...
GDP grows 4.1 pc in Jan-Mar qtr; 8.7 pc in FY22
As per the data, the Indian economy expanded by 8.7 per cent in 2021-22 against a 6.6 per cent contraction in 2020-21 New Delhi: India’s economy grew by 4.1 per cent in the fourth quarter of 2021-22, pushing up the annual growth rate to 8.7 per cent, official data...
Govt raises premium for flagship insurance schemes PMJJBY, PMSBY
The premium rate of PMJJBY has been revised upward to Rs 1.25 per day, translating into an increase from Rs 330 to Rs 436 annually The annual premium for PMSBY has been hiked from Rs 12 to Rs 20, an official statement said New Delhi: The government on Tuesday raised...
India’s per capita income remains below pre-COVID level in 2021-22
At current prices, the per capita income rose by 18.3 per cent to Rs 1.5 lakh during in 2021-22 fiscal. The per capita income at current prices had dipped to Rs 1.27 lakh in 2020-21 from Rs 1.32 lakh in 2019-20 New Delhi: India's annual per capita income at constant...
Govt issues guidelines on monkeypox, stresses on surveillance and rapid identification
According to the guidelines, a person of any age having a history of travel to the affected countries within the last 21 days presenting with an unexplained acute rash and symptoms like swollen lymph nodes, fever, headaches, body aches and profound weakness is to be...