The committee formed under the Life Insurance Council to review the commission structure in the life insurance sector has recommended capping distributor commissions or deferring them to ease acquisition costs. The recommendations will be sent to the insurance regulator -- Insurance Regulatory and Development Authority of India (Irdai).
Insurance intermediaries who receive disproportionately high commissions are likely to see a decline in their payouts, post the new Insurance Amendment Bill. The new Bill gives the Insurance Regulatory & Development Authority of India (Irdai) the power to disgorge unlawful gains made by insurers and intermediaries as well as the right to limit commissions paid to intermediaries.
The West Bengal government has filed FIRs against five state government employees for alleged lapses in electoral roll revisions, following an Election Commission ultimatum. The action comes after the EC directed the state to initiate criminal cases against the accused for adding fictitious names to voter lists.
The Election Commission has announced the schedule for the Rajya Sabha elections 2024, setting the stage for polls to fill 37 seats across 10 states on March 16.
India's main inflation measure, the Consumer Price Index (CPI), is set for another major update, even though it has been in its current form for only about 15 years.
India Ratings & Research (Ind-Ra) has projected the aggregate fiscal deficit of states to rise to 3 per cent of gross domestic product (GDP) in 2026-27 (FY27), from an estimated 2.8 per cent in 2025-26 (FY26), citing higher revenue expenditure amid election-related pressures and scheme cost-sharing requirements.
A senior Maharashtra government official has been removed from his post following allegations of irregularities in granting minority status to 75 educational institutions after the death of Deputy Chief Minister Ajit Pawar. An inquiry has been ordered to investigate the matter.
Pakistan's Punjab government has warned citizens against providing charity to banned organizations such as Jaish-e-Mohammad (JeM) and Lashkar-e-Taiba (LeT), stating that those who do so will face terrorism charges.
Last time, assembly polls in West Bengal were held in eight phases -- by far the maximum. In Assam, elections were held in two phases, and in a singular phase in Tamil Nadu, Kerala and Puducherry.
The Rajasthan government has ordered a high-level inquiry into allegations against three legislators seeking commissions for the release of MLA funds, freezing their accounts pending the investigation.
A referendum on the implementation of a reform package in Bangladesh saw a 60.26 per cent voter turnout, with the 'yes' vote winning a clear majority, the Election Commission announced.
Security agencies have uncovered a vast network of 'mule accounts' in Jammu and Kashmir used to launder money for global scams, raising concerns about potential links to separatist activities.
On Agri Stack, Expenditure Secy V Vualnam says it's progressing well; using IT, farmers will be able to choose exact fertiliser quantities needed, reducing crowding at fertiliser outlets.
IPL to return at Chinnaswamy Stadium, Karnataka cabinet gives approval
The 16th Finance Commission, led by Arvind Panagariya, has recommended maintaining the states' share in central taxes at 41% for the five-year period starting April 1, 2026. The government has accepted this recommendation, with Rs 1.4 lakh crore allocated to states for FY 2026-27 as Finance Commission Grants.
India is strengthening the naval component of its nuclear triad with Navy Chief Admiral Dinesh K Tripathi on Tuesday saying that the third indigenous nuclear-powered submarine 'Aridaman' will be commissioned soon and that his force is focusing on boosting its overall combat prowess.
If the Bangladesh Nationalist Party wins, Tarique Rahman will be Bangladesh's first male prime minister in 36 years.
The NHRC has issued a show cause notice to the Tamil Nadu government regarding an attack on a migrant worker, identified as Suraj, demanding his tracing, medical treatment, and compensation.
Petitions have been filed in the Patna High Court challenging the election of 45 members of the Bihar legislative assembly, including Speaker Prem Kumar.
A bench comprising Chief Justice Surya Kant and Justices Joymalya Bagchi and N V Anjaria said it would issue whatever orders or clarifications are required in the matter.
The Competition Commission of India, following its preliminary inquiry, said the airline appeared to have caused an appreciable adverse effect on competition by restricting its services.
Governments should move away from universal subsidies towards tightly targeted transfers, backed by stricter eligibility norms, sunset clauses and periodic audits to curb leakages and improve spending efficiency, a joint study by Asian Development Bank and PwC has recommended.
Meghalaya Chief Minister Conrad K Sangma has announced a judicial inquiry into the recent blast at an illegal coal mine in East Jaintia Hills district, which resulted in the deaths of 27 people.
The chairman, Javad Ahmad Siddiqui, has been remanded to four days of police custody for further questioning.
Banerjee is personally present in court room one along with her lawyers. A gate pass was issued in the chief minister's name on Tuesday.
The death of a booth level officer in West Bengal due to cardiac arrest has ignited a political battle between the ruling TMC and the BJP, with accusations of workload pressure and politicization of the tragedy.
Nationalist Congress Party leader Sunetra Pawar on Tuesday took charge as Maharshtra's deputy chief minister, a fortnight after her husband Ajit Pawar died in an air crash.
The Lokpal, India's anti-corruption ombudsman, has been allocated Rs 30 crore in the Union Budget 2026-27. The Central Vigilance Commission (CVC) has been allocated Rs 54.56 crore.
Rajasthan Royals are seeking an indemnity waiver from the Rajasthan government to host IPL matches in Jaipur due to safety concerns raised about the Sawai Mansingh Stadium.
The voting for the 13th parliamentary elections was held along with a referendum on a complex 84-point reform package.
The Delhi government, now led by the BJP, has withdrawn all cases filed by the previous AAP administration against the Union government, the Lieutenant Governor, and several senior bureaucrats.
'Salman Khan wanted the song for the end-credits paying a homage to all the martyrs who featured in Battle Of Galwan.'
Congress veteran Mani Shankar Aiyar clarifies his political affiliations, identifying as a Gandhian, Nehruvian, and Rajivian, while explaining his distance from Rahul Gandhi's political approach and his disapproval of Indira Gandhi's Emergency declaration.
Bangladesh is set to hold parliamentary elections with unprecedented security measures in place, following a period of interim governance and political changes.
The Supreme Court has overturned an Allahabad High Court order, ruling that grabbing of breasts and pulling the pyjama string amount to "attempt to rape".
Sri City in Andhra Pradesh is dubbed the "Cooling City" of India, accounting for nearly 40 per cent of the air conditioners (ACs) manufactured in the country. On Tuesday, this industrial hub added one more feather to its cooling credentials. Carrier Air Conditioning and Refrigeration Ltd, the Indian arm of the oldest AC company in the world, Carrier Global, signed a deal to invest around ~1,000 crore for a new manufacturing unit at Sri City.
The Supreme Court has urged political leaders to promote fraternity while declining to entertain a PIL seeking guidelines on political speeches, emphasizing the need for objectivity and even-handedness in addressing concerns about hate speech and constitutional values.
A 27-year-old physiotherapist was attacked by her brother-in-law, disguised in women's clothing, in Delhi's Rohini area. The accused, identified as Jai Prakash Yadav, was arrested and faces charges of attempted murder.
In the recent Bangladesh elections, four minority candidates, including two Hindus, secured parliamentary seats, highlighting the evolving political landscape and representation of minority communities within the BNP's victory.
Actor-politician Vijay is reportedly considering contesting from either Velachery or Virugambakkam constituencies in Chennai for the upcoming Assembly election in Tamil Nadu, according to sources within his party, TVK.
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