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Children’s education continues to be top financial priority for Indian fathers
Indian fathers are increasingly adopting a long-term mindset when it comes to financial planning—thinking in decades rather than years. A majority, 53%, are willing to invest for a period of 10 to 15 years. Another 14% prefer a horizon of 15 to 20 years, while 13% are...
Healthcare Providers’ body asks hospitals to end cashless tie-up with Bajaj Allianz over low reimbursement rates
"We are confident of working amicably with AHPI and its member hospitals to arrive at a solution that is in the best interests of our customers," Bajaj Allianz General Insurance head (Health Administration Team) Bhaskar Nerurkar said in a statement. New Delhi: The...
Future Trends: Tech-Driven Life & Annuities Insurance
Intelligent platforms now analyze vast volumes of policyholder, advisor, and market data to inform pricing, product configurations, and engagement strategies. This intelligence enables micro-targeted solutions — not only tailored to individual policyholders, but also...
EV manufacturers could lose edge if GST slashed on ICE vehicles: HSBC Report
HSBC outlines three possible scenarios. In the first, GST on small cars could be reduced from 28 per cent to 18 per cent, while larger cars may be moved to a new special rate of 40 per cent with the removal of the cess. This would lead to price cuts of around 8 per...
India InsurTech Association recognized as a “Champion of National Health Claims Exchange
The India InsurTech Association (IIA) has been formally recognized as a "Champion of NHCX" (National Health Claims Exchange) - India’s pioneering digital platform transforming health insurance claims. NHCX, led by the National Health Authority (NHA), is...
Amid confusion over WHO report Centre asks scientists to study if areca nut is non-carcinogenic
"A WHO report has created some confusion regarding the areca nuts produced in Karnataka. To dispel these misconceptions, a team of scientists from the Indian Council of Agricultural Research (ICAR) is conducting studies, and they have been instructed to submit their...
Star Health insures 30 lakh sr citizens, settles over Rs 11,500 cr worth of claims in past 18 yrs
Star Health company has insured 30 lakh active senior citizens and settled over ₹11,500 crore worth of claims in the past 18 years .As India’s senior population crosses 11% of the total demographic, the industry faces the urgent task of designing sustainable and...
Term, health insurance policyholders to benefit most from GST exemption on individual policies: Experts
Insurance industry hopes that key input services of commission and reinsurance also receive an exempt status so that there is no blockage of input tax credit ," Mahesh Jaising Deloitte India Partner and Leader it is essential to tackle some of the structural issues...
IDBI stake sale likely to be completed this fiscal: DIPAM secy
"LIC's market value is around Rs 6 lakh crore. So, keeping in mind the liquidity of the market, transactions are designed according to that. And it is not appropriate to give any number in the form of a rumour in the middle of the market," Arunish Chawla, DIPAM...
GoM backs Centre’s proposal to scrap 12% and 28% GST slabs: Samrat Choudhary
Samrat Choudhary,,Deputy Chief Minister,Bihar The GoM also reviewed the Centre’s suggestion to exempt GST on individual health and life insurance premiums. While most states supported the idea, they flagged the need for strict oversight to make sure insurance...
DGCA issued 4 show-cause notices to Air India over 29 violations: Minister
The DGCA carried out 171 regulatory audits from 2020 to June 2025 to ensure safety in India's civil aviation sector. New Delhi: The government on Thursday said that the Directorate General of Civil Aviation (DGCA) had issued four show-cause notices to Air India over...
Staff shortages at India’s aviation regulator and air traffic control threaten safety, lawmakers say
Lawmakers were reviewing aviation safety in India in the aftermath of the deadly Air India Boeing Dreamliner crash that killed 260 people in June, the world's worst aviation disaster in a decade. NEW DELHI: An Indian parliamentary committee on aviation has warned that...
Talent eludes India’s BFSI global capability centres; market to hit $135 bn by 2032: report
India is home to nearly 190 BFSI GCCs which employ nearly 540,000 professionals, accounting for one-fourth of the total GCC workforce, said the report. Mumbai: Rapidly expanding global capability centres of banking, financial services and insurance (BFSI) sector has...
Turkish ports asking ships to declare they are not linked to Israel, shipping sources say
The guarantee letter should state that vessel owners, managers, and operators have no ties to Israel, and that certain types of cargo, including explosives and radioactive materials or military equipment, are not on board en route to Israel, the second source said....
Nayara turns to dark-fleet tankers and Russian oil for survival
The refiner, part-owned by Russian oil major Rosneft PJSC, is an important pillar of the Indian market. Its 400,000 barrels-a-day processing plant accounts for 8% of the country’s refining, and the company operates 7% of its fuel stations. It’s been forced to reduce...
Senior citizen health covers witness a strong growth
"Approximately 6 in 10 health insurance policies are purchased between ages 60-65, with this bracket alone accounting for approx. 57 per cent of all followed by a steady rise in the 66-70 segment as awareness and health risks increase". New Delhi: On the occasion of...
Lok Sabha passes bill to ban online games played with money
The bill also seeks to prohibit advertisement related to online money games and bars banks and financial institutions from transferring funds for any of such games New Delhi: The Lok Sabha on Wednesday passed a bill to ban the operating, facilitating and advertising...
Govt proposes removing entire 18% GST on retail health and life insurance: Samrat Choudhary
Finance Minister Nirmala Sitharaman chairs a meet of group of ministers(GoM) on GST rationilsation on Wednesday Bihar Deputy Chief Minister Samrat Choudhary said the Group of Ministers (GoM) on Goods and Services Tax (GST) will propose exempting health and life...