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Indian
Arun Jaitley to resume office in third week of August
Modicare:OIC bags Guj & Daman, Raligare gets Chhatishgarh
Delhi based Oriental Insurance Company(OIC) has successfully bid for the state of Gujarat at Rs 360 for providing cover upto Rs 50,000 per family. Similarly, Raligare Health Insurance has bagged the mandate from the state of Chattishgarh by offering a rate of Rs 1100 for providing a cover upto Rs 50,000 per family.
Indian banks take about Rs 70,000-crore hit due to frauds in last three fiscals
Outgo on pension to exceed salary payment this fiscal: Finance Ministry
As per the projections, the salary bill of the government will go up from Rs 1.50 lakh crore in last fiscal to Rs 1.58 lakh crore this year. It will further rise to Rs 1.66 lakh crore in 2019-20 and Rs 1.74 lakh crore in 2020-21.However, the pension outgo with outpace the salary expenditure going up from Rs 1.45 lakh crore in last fiscal to Rs 1.68 lakh crore in current fiscal, Rs 1.79 lakh crore in 2019-20 and Rs 1.84 lakh crore in 2020-21.
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