Such products in insurance parlance are called acturial-funded products. The ban would require Aviva Life Insurance to withdraw all its 14 ULIP products, while Bajaj Allianz one of its ULIPs called Capital Unit Gain.
It is important to remember the lessons of the 1950s in planning how to counter any Chinese adventurism, says Ajai Shukla
The BJP leadership knows it can't boast of governance in the state as the Bommai government has little to show. So, the game plan is to project Modi, who will reiterate how important it is for a state to have the same party ruling in power at the Centre, observes Ramesh Menon.
Bars FII from issuing offshore derivative instruments on grounds of rules violation.
Who can vote, who can't vote and how will the polls take place?
In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans.
Party leader Rahul Gandhi dubbed the Union Budget as a 'zero-sum budget', saying it has nothing for the salaried, middle class and the poor.
The representatives of ICC Board expressed their deep disappointment at West Indies team's decision of abandoning their India tour mid-way, stating that a repeat of this kind from any team or players may lead cancellation of their T20 contracts with their franchises.
Lok Sabha Speaker Om Birla has referred petitions submitted by the Trinamool Congress and the YSR Congress under the anti-defection law against their respective leaders Sisir Adhikari and K Raghu Rama Krishna Raju to the privileges committee.
Amid the ongoing political turmoil in the Congress in Rajasthan, the party's chief whip in the state, Mahesh Joshi, on Tuesday said a meeting of the MLAs loyal to Chief Minister Ashok Gehlot was not called to mount pressure on the party high command.
Virat Kohli bounced back in style to score a patient half-century against the Gujarat Titans.
A day after the Uddhav Thackeray faction submitted a plea before Deputy Speaker Narhari Jhirwal to disqualify the rebel MLAs, the Ekanth Shinde faction on Friday gave a notice of no-confidence motion against the deputy speaker.
The tourists warmed up for the first ODI against India with an eight-wicket victory.
Last month, India's AlcoBev industry pulled off a successful two-day showcase exhibition at the Hotel Renaissance in Powai. We got experts to show readers how they can create some mind-boggling cocktail concoctions, so watch and learn.
India on Sunday asked Pakistan to crackdown on elements based in that country who were using social media networking sites to whip up communal sentiments and create scare among people of northeastern region living across India.
Cubes of cottage cheese dunked in a thick gravy of tomatoes, onion, walnuts and Indian masala.
India Inc is not in the dark about moonlighting employees. According to a forensic accountant, companies can easily turn to experts and deploy digital tools that can be used to check if an employee is doing a second job or not - reaffirming fears of many who are wary of the practice in the context of the recent sacking of moonlighters by IT major Wipro. Arpinder Singh, global markets and India leader, forensic and integrity services, EY, said that EY had been involved with several companies to gauge moonlighting.
Satwiksairaj Rankireddy and Chirag Shetty capped off a memorable campaign at the World Badminton Championships, signing-off with a historic bronze medal in the men's doubles competition after going down narrowly to Malaysia's Aaron Chia and Soh Wooi Yik in the semi-finals, in Tokyo, on Saturday.
Images from Day 4 of the second Test between India and England, at the M A Chidambaram stadium, in Chennai.
Images from Day 2 of the Pink-ball first Test between Australia and India, in Adelaide, on Friday.
A copious amount of blood, beating, crying, saving, sacrificing, nationalism fills up its staggering three hours running time. Emotions run sky high, but you feel nothing, sighs Sukanya Verma.
India put up yet another dismal batting display, on seam-friendly conditions, to suffer a humiliating 134-run defeat in the second one-dayer against South Africa in Durban on Sunday.
Made in several parts of India, Gulgule is a deep-fried sweet usually enjoyed on its own.
It is the season of cooking and baking, but with Amul Butter in short supply, consumers aren't like the cat that got the cream. A shortage only means market shelves without butter on them. "There is a supply-side deficit. "We are now able to procure only two packs of butter a day, as opposed to three packs (each containing 30 packets of butter) in a day," says a salesman at Modern Bazaar, a departmental store in New Delhi's Greater Kailash.
Satwik-Chirag dished out a gritty performance to outwit the local favourites a
Pilot said rules and discipline of the party apply to all, adding that he hoped Congress president Mallikarjun Kharge would take a decision in the matter soon.
Images from the IPL 2022 Match between Gujarat Titans and Royal Challengers Bangalore at
Hardik Pandya reigned supreme with a magnificent all-round performance as India thrashed England by 50 runs in the first T20 International in Southampton on Thursday.
Images from Day 2 of the second Test between Australia and India, at the Melbourne Cricket Ground, on Saturday.
Nearly 4,800 elected MPs and MLAs will vote on Monday to elect the 15th President of India, with National Democratic Alliance candidate Droupadi Murmu having a clear edge over Opposition's Yashwant Sinha as over 60 per cent votes are expected to be cast in her favour.
Images from the third T20 International between Australia and India, at the Sydney Cricket Ground, on Tuesday.
Chidambaram sees systemic deficiency in IPO scam.
Even though MLAs are required to show their ballot to respective party whips before casting their vote, all parties have ensured their MLAs are housed in five star hotels closer to the Maharashtra Vidhan Sabha where voting will take place on June 10.
The rarely used but entirely permissible "Mankad" method of dismissing batters will not be listed under unfair play in new laws approved by the Marylebone Cricket Club (MCC).
The bakery was made famous by scenes from Sex and the City.
The Union finance ministry has asked field officers of the income tax department to not be adversarial to assessees, and to not send high-pitched demands without a proper basis.
Living away from home can be tough, especially if you have to cook on your own or rely on takeaways. Simple solutions for you!
Images from Day 1 of the third Test between Australia and India at the SCG, on Thursday.
Banks have been told by the Reserve Bank of India (RBI) to be more transparent and levy reasonable penal charges.
'Pakistan and the jihadis's capacities have been diminished because of increasing dominance of our security forces.'