Expressing serious concern about the country's financial health, Prime Minister Manmohan Singh on Thursday warned that economic progress could be hindered if the mounting fiscal deficit of 9 to 10 per cent of the national income was not contained.
The best option to reduce farm distress in the state is that when the rains fail, the state -- the central and the state government -- provide a financial cushion for the farmer
Pursuant to Prime Minister Atal Bihari Vajpayee's announcement in January, a insurance scheme for Non-Resident Indians -- 'Pravasi Bharatiya Bima Yojana' -- will be launched on December 25 this year.
Life Insurance Corporation has mopped up over Rs 5,200 crore (Rs 52 billion) from Varishtha Pension Bima Yojana, but its market share from other products dipped further to 87.76 per cent till January.
'Where is the spirit of Team India?' asks Chandrababu Naidu.
Finance Minister Jaswant Singh has indicated that the proposed 'Dada-Dadi' bonds for pensioners, scheduled to be launched on April, will run side-by-side with Life Insurance Corporation's Varishtha Pension Bima Yojana.
The government will take special efforts to ensure adequate credit flow to underserved areas -- the eastern states and Jammu-Kashmir, he added.
Apart from rail mishaps, the coverage would take care of terrorist attacks and accidental fall of a passenger from a train and normal accidents, riots, robbery and dacoity
Unfazed by competition from private players, state-owned Life Insurance Corporation of India on Tuesday said it has attained yet another landmark by bringing in 2.05 crore (20.5 million) lives under insurance cover till March 15.
The Life Insurance Corporation of India, who was supposed to launch the much-awaited Varishtha Pension Bima Yojana from Tuesday, has postponed the scheme indefinitely.\n\n
The best investment schemes fail if they don't offer incentives to intermediaries to push investors.
The insurance giant is unable to sustain its assured return schemes in a falling interest rate regime.
4,000 dialysis units to be set up across India, government working on providing free basic healthcare to BPL families.
Government's objective is to bring down the cost of cultivation through efficient use of fertilisers and agro chemicals, and increase in realisation. It is, thus, planning to connect 200 agricultural mandis with electronic National Agricultural Mandis this year and 225 next year, to enable farmers to sell their produce hassle-free online.
Finance Ministry has decided to stick to its stance of taxing single-premium policies like Bima Nivesh, whose annual premium exceeds 20 per cent of the total sum assured value.
Life insurance industry grew by over 65 per cent to Rs 5,436 crore in September compared to Rs 3,291 crore premium income from new business in July, mainly due to the success of LIC's Varishtha Pension Bima Yojana.
Life Insurance Corporation of India on Thursday said it has crossed the 1-crore (10-million) mark in sales of new policies for the current fiscal on November 15.
Expect Modi to speak about internal security, terrorism, agriculture, the Triple Talaq Bill, the SC/ST Bill and, of course, the controversial NRC.
Banks are likely to cut rates even further, say finance minister Arun Jaitley.
Almost 30% or a third of the agriculture ministry's budget, is spent on premium for the PMFBY every year
Finance minister Arun Jaitley has few feathers in his cap for taking serious eff
A total 14 ministers, including 3 Rashtriya Janata Dal defectors, were inducted into the 12-day old Jitan Ram Manjhi cabinet in Bihar on Monday.
It will carry out most banking operations like accepting deposits but can't advance loans or issue credit cards.
'I want to ask Modiji is the support price announced by him good enough to make a farmer's sons to start farming in their villages?' 'Can he swear by Bharat Mata and say that is true?'
The mega campaign, to start on Mahatma Gandhi's birth anniversary, will be conducted just before the elections in three major Bharatiya Janata Party-ruled states and also before the 2019 general elections.
For Swarup, the job would not be just challenging but also tricky, given the negativity attached to the sector.
A Madhya Pradesh farmer has claimed that he lost his crop because of Prime Minister Narendra Modi's proposed rally in the state on February 18.
'I want to assure the country that no country, no government can tolerate anybody taking the law into their hands, whether it is an individual or a group.'
Four recent instances help us understand why Prime Minister Narendra Modi could truly be called the chief human resources officer (CHRO) of the country.
The 25 odd witnesses that so far had given testimony had not come up with anything incriminating against Peter or the way Shivade characterised it -- "not even a whisper."
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