What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
The Supreme Court on Wednesday refused to grant interim bail to Chief Minister Arvind Kejriwal in a corruption case filed by the Central Bureau of Investigation (CBI) in the alleged excise policy scam.
Are all the benefits of group life insurance for real? Naval Goel finds out
When large companies fall into financial difficulties, it always amazes me to see where they turn first for help in overcoming their problems -- to their hourly workers and other frontline employees, who are asked to take pay cuts and reductions in benefits such as health insurance and pensions.
Choose a higher sum insured if you are going on a long trip, and if your age is above 45.
Agents often influence customers into buying new products every year instead of continuing with their existing policies
Fiscal pressure for the Indian economy is gradually rising, suggested analysts at Jefferies in a recent note, as oil prices (Brent) - which are close to the $100 a barrel mark - continue to climb ahead of a busy election calendar. They added that the sharp rally in the equity markets during the last few months has made valuations costly. As a result, Jefferies expects the Indian markets to remain choppy in the near term.
Wait till these are refiled as it will give you added benefits.
However, the number of renewals has grown by only 0.4 per cent, which means only high value and ticket size renewals are coming.
Restoration of Article 370 and Jammu and Kashmir's statehood as well as implementation of the autonomy resolution passed by the erstwhile assembly in 2000 are among the National Conference's 12 guarantees announced in its manifesto for the upcoming polls.
The Bill will come up for discussion in the upcoming winter session of the Parliament.
Putting together all the required documents and surmounting legal hurdles could be a challenge for the nominee.
According to Section 80D, the premium paid for medical insurance is deductible from your income up to Rs 15,000 a year
As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.
Instead of enhancing the sum insured of your basic policy, a more cost-effective option is buying a super top-up policy.
Surprised? Well, old age is no more associated with uncertainties with insurance companies coming out with specific plans for this segment!
The new Insurance Bill will boost investment in the sector
Tenants insurance offers a person living in a rented house cover against losses arising from theft, fire and natural calamities, among other things.
Why are family floater plans so very important? Anil Rego answered readers' queries in an online chat on October 7
Take these factors into consideration before buying a healthcare policy
The Budget has increased the limit of deduction for medical expenditure in respect of certain critical illness
Health insurance has become a modern day necessity. Hence, it is vital that we understand how it works to make the best of it.
The budgetary allocation for the sector is Rs 60,908.22 crore, with Rs 6,400 crore earmarked for the centre's flagship health insurance scheme Ayushman Bharat- Pradhan Mantri Jan Arogya Yojna (AB-PMJAY).
Health portability came into force this month. However, financial planner Gajendra Kothari is advising health insurance clients to wait and watch before shifting one's insurer.
You are charged the same premium and also enjoy continuity benefits
The order eases restrictions that the Affordable Care Act (placed on the individual health insurance market).
The actor-turned-politician has been allotted Panchayat Raj and Rural Development, Environment, Forests, and Science and Technology portfolios.
Currently, the select committee is considering the Bill.
If you quit or change jobs in your 40s, buying an individual term plan will be expensive. You might not even get one if you have health problems, says Priya Nair
If you have seen Zwigato, Param Kumar's story will sound familiar. Laid off from his job as a repairman at a Gurugram-based water purifier provider, he now delivers groceries and food for a mobile-based delivery app, in Delhi. Kumar, who started making deliveries last August, told Business Standard that he is working longer hours than his older salaried job as an RO repairman, and has no paid leaves or health insurance. Kumar is part of India's estimated 7.7 million-strong force of gig workers.
'If you look at household hospitalisation compensation, then you will find only one-third is hospitalisation. Two-thirds is outpatient.' 'Even if you provide Rs 5 lakh coverage, people will still have a tough time.'
Ayushman Bharat aims at providing a cover of Rs 5 lakh per family annually and is aimed at benefitting more than 10 crore poor families across the country.
rediffGURU Kirtan A Shah answers your personal finance queries.
Retirement planning and secondary sources of income have become key financial priorities for Indians, as they look to prepare for higher inflation, health concerns, and economic slowdown risks. PGIM India Mutual Fund's Retirement Readiness Survey shows that at present 67 per cent Indians have their retirement plan in place, compared to 49 per cent in 2020. "The pandemic was probably the factor making people realise the importance of saving and investing, leading to an increase in people planning for it.
Ensuring health insurance for all workers would be major challenge for the industry that is already grappling with cash crunch, and the government should have borne the cost.
Understand the magic that SIP brings to the table for you as an investor, says Satyen Kothari. You can start by investing as little as Rs 500 per month.
Study reveals alarming trend.
We want to know from you, dear readers, what you think about Jaitley's budget.
'There is no immediate threat to the government, and they would prefer the growth agenda.'
A month down the line, you may be holding insurance policies in electronic form. According to sector experts, the regulator is in the last lap of checking repositories' preparedness and infrastructure, and is likely to allot licences by May-end or early June.
