Advait Rao Palepu reports how a recent Supreme Court order will impact motor vehicles insurance policies.
The central government's deposits with the RBI had fallen to just Rs 100 crore as of June 8.
Insurer has also made fresh investments since December 2015 quarter when RBI told banks to recognise bad loans
After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.
This will be the largest claim in the aviation sector for Indian insurers in the last three years
Bankers have decided to fight back against 'arbitrary arrests' and 'harassment' by probe agencies.
While some trade union leaders have welcomed the move, industry has opposed it, fearing an increase in its wage bill
The objective behind the move is to "retain the membership of PF subscribers and to address the social security needs at the time of unemployment."
The meeting is expected to chart a road map for cleaning up their balance sheets and boost credit flows, reports Somesh Jha.
Ruchi Soya was admitted to the corporate insolvency resolution process (CIRP) in December 2017 and owes lenders Rs 12,000 crore.
However, the road to profitability has already hit some hurdles for the Delhi-based bank as the Union government has rejected its demand for an additional capital infusion of around Rs 8,000 crore in 2018-19
The law was amended to bring parity between public and private sector employees (including PSUs) after the gratuity limit was raised for central government on similar lines
Insolvency and Bankruptcy Code bound stocks have witnessed a steep fall in 2018.
PMAY-Gramin, which was launched in November 2016, aims to construct 10 million homes by March 31, 2019, with private sector and state government participation
About 1 million bank officers are expected to participate in the strike on May 30 and May 31
Representatives of stressed companies could seek more time for submitting a resolution plan, provided there is appropriate justification, said legal experts, but getting an extension will not be automatic just because an NCLT Bench is on vacation.
Some of the violations that will lead to community service include failure to pay social security contribution of workers, maintain records, furnish information to inspectors, pay gratuity to workers, provide crche facility and medical pay, and retrenching women workers during maternity leave.
Ranjan was nominated to the board of ICICI Bank on April 7
Every bank offers a different slab of minimum balance to customers, based on which 'free services' are provided
T C A Anant, former chief statistician to the government, will soon be heading a panel to decide whether the monthly payroll data released by EPFO, ESIC and PFRDA could replace the quarterly enterprises-based survey on job creation by the labour bureau, the prime minister's office decided last week.
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