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Here is a masonry blog layout with no sidebarLIC launches special revival campaign for revival of lapsed policies from 18th August to 17th October 2025
LIC has come up with a special revival campaign for revival of lapsed policies from 18th August 2025 to 17th October 2025, for individual lapsed policies. Concession is being offered in late fee for all Non-Linked Insurance Plans upto 30% of late fee upto a maximum...
Centre pushes financial inclusion with insurance, health schemes for all
Pankaj Chaudhary,Minister of State for Finance According to the minister, to streamline access, the government has also launched a Jansuraksha portal with detailed information on the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and the Pradhan Mantri Suraksha Bima...
Pakistan resumes rescue operations in flood-hit areas; death toll over 300
The intense rain has claimed lives and spread destruction in several northern districts, with most people killed in flash floods, according to the National Disaster Management Authority BUNER, Pakistan: Heavy rain in northwest Pakistan halted rescue and relief...
AM Best’s Top 50 Global Reinsurers: Swiss Re unseats Munich Re as new No 1 among IFRS-17 players in 2024
Now, AM Best's ranking of “World’s 50 Largest Reinsurers' has four Asian reinsurers - China Re(fourth largest IFRS -17 global reinsurer, with a premium income of $5.9 billion) Korea Re(sixth largest IFRS -17 global reinsurer, with a premium of $5.77...
GST rejig: Sitharaman to address Aug 20 GoM meet to put forth Centre’s rate cut proposal
Nirmala Sitharaman , Union Finance Minister The GoM on Life and Health Insurance is likely to be headed by Bihar Deputy Chief Minister, Samrat Choudhary and will explore full GST exemption on health and life insurance premiums for policies up to Rs 5 lakh,...
GST Revamp: Tax on premium for Rs 5 lakh Health and Term life insurance may be slashed to 5% or even zero from 18%, sources say
Shares of insurance companies such as ICICI Prudential , SBI Life, and LIC jumped 2%-4%.The rise in auto, insurance and consumer firms stocks helped the wider market rise over 1% Analysts have said as per the current rules, the GST rate of 5% or zero does not qualify...
As many as 409 companies operating from IFSC GIFT City
Nirmala Sitharaman, Union Finance Minister Over the last 5 years, the government has provided several progressive policy measures for development of GIFT IFSC, such as - setting up of International Financial Services Centres Authority (IFSCA) as a unified statutory...
AI, deepfakes real challenges before election commission: CEC Gyanesh Kumar
"Artificial Intelligence (AI) and deepfakes are indeed real challenges for us. Just yesterday, an X handle had shared an AI-generated video that was far from truth." Gyanesh Kumar,Chief Election Commissioner New Delhi: Chief Election Commissioner Gyanesh Kumar on...
Women entrepreneurs face disadvantage in availing financial services compared to men: Study
"Access to formal finance is essential for the development and growth of women entrepreneurship in India. While, women firm owners face disadvantages in securing formal loans compared to men firm owners, the use of digital technology provides a ray of hope in bridging...
Bill to decriminalise certain minor offences to be introduced in Lok Sabha on Monday
Over 350 provisions are proposed to be amended through this bill for decriminalising and rationalising offences to further enhance trust-based governance for ease of living and doing business New Delhi: The Jan Vishwas (Amendment) Bill 2025 to decriminalise certain...
Generative AI set to improve banking operations in India by 46%: RBI Report
Generative Artificial Intelligence (AI) has the potential to improve banking operations in India by up to 46 per cent, according to a report by the Reserve Bank of India (RBI). The central bank noted that AI can help financial institutions better understand customer...
Workplace bullying hinders employees’ creative thinking engagement in side projects: IIM Study
"Our study sheds light on how subtle forms of workplace mistreatment can silently erode employees’ creative potential. Organisations must create an environment where support, respect, and open dialogue are the norm to unlock true innovation," Rishab Chauhan, PhD...
Proposed GST rate tweaks on automobiles to end classification disputes
Presently, the total tax incidence on cars, depending on engine capacity and length, ranges from 29 per cent for small petrol cars to 50 per cent for SUVs. Sources said, as per the Centre’s proposal for moving the GST system to a two-tier rate structure of 5 and 18...
FPIs dump Indian equities worth Rs 21,000 cr in first half of Aug
With this, the total outflow by Foreign Portfolio Investors (FPIs) in equities reached the Rs 1.16 lakh crore mark so far in 2025, according to data with the depositories. New Delhi: Foreign investors offloaded Indian equities worth nearly Rs 21,000 crore in the first...
Used cooking oil to produce sustainable aviation fuel: Indian Oil
Agencies will collect used cooking oil from large users, such as hotel chains, restaurants, and snacks and sweets producing companies like Haldiram, and supply it to Indian Oil's Panipat refinery. Panipat refinery will use this oil to produce sustainable aviation...
‘Next Gen GST’ precursor to eventual single tax slab GST: Sources
“What we have suggested is a ‘Next Gen GST’ keeping the needs of the middle class, poor, farmers, and MSMEs in mind. Also, it has been ensured that tax on daily use items are low,” the official told PTI New Delhi: Describing the proposed GST tax reforms as ‘Next Gen...
Aon sued for its role in collapse of Israel insurtech Vesttoo
The lawsuit claims Aon “ignored red flags” about letters of credit and encouraged counterparties to work with Vesttoo despite expressing concerns internally about the business. The trustee, Lawrence Hirsh, alleges the insurance broker partnered with Vesttoo in an...