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 ministry of external affairs said the official has been given 24 hours to leave the country.
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).
India has decided to withdraw the families of Indian officials posted in Bangladesh due to security concerns ahead of parliamentary elections. The move comes as a precautionary measure given the increasing activities of extremist elements in the country.
Bangladesh has suspended visa services in its high commission in New Delhi and its mission in Tripura following protests. The decision comes amid rising tensions and unrest in Bangladesh, with some protesters targeting India.
Following the new government's assumption of power, the Bangladesh Army has undergone a significant reshuffle, including the appointment of a new Chief of General Staff and changes in key strategic commands.
Indian badminton star PV Sindhu recounts a tense experience at Dubai Airport following an explosion, as she and her coach were stranded due to airspace closures.
India has called on Bangladesh to conduct a thorough investigation into the death of Bangladeshi student leader Sharif Osman Hadi, amid rising tensions between the two countries following protests and incidents at diplomatic missions.
"The security arrangements outside the British High Commission here are intact. However, barricades placed on the pathway towards the Commission that created hurdles for commutation have been removed," a senior police officer told PTI.
Delhi Police arrested 27 individuals across 11 states for involvement in cyber fraud cases exceeding Rs 1.5 crore, uncovering a network engaged in various scams including investment fraud and social media impersonation.
A recent study reveals significant growth in women's cricket participation across India, highlighting increased interest, career aspirations, and the sport's rising popularity.
Two-time Olympic medallist PV Sindhu recounts a 'tense and scary' experience at Dubai International Airport after an explosion occurred nearby, amidst escalating tensions in the Gulf region.
The last time an Indian Davis Cup team travelled to Pakistan was way back in 1964.
India has dismissed media reports in Bangladesh that a demonstration outside Bangladesh's mission in New Delhi against the killing of a Hindu man in that country attempted to create a security situation.
India's former high commissioner to the UK, Yashvardhan Kumar Sinha, has denied any connection to controversial financier Jeffrey Epstein after social media posts linked Epstein to someone with similar initials.
Prime Minister Narendra Modi inaugurated the Meerut Metro and Namo Bharat train, enhancing urban and regional connectivity in Uttar Pradesh and Delhi.
The Supreme Court has directed the establishment of independent appellate tribunals, led by former high court judges, to address appeals related to voter list exclusions in West Bengal, while also cautioning against undermining judicial officers involved in the process.
The Gujarat government has announced a significant investment in sports infrastructure, with the goal of transforming the state into a sports hub and positioning Ahmedabad as a potential host city for the 2036 Olympic Games.
The Bangladesh Foreign Ministry condemned the violence, citing threats to diplomatic personnel and establishments, and urged India to ensure their safety and security.
The Indian government reports over 93,000 vacant posts in the Central Armed Police Forces (CAPFs) and Assam Rifles, impacting law enforcement and security capabilities. Recruitment efforts are underway to address the shortfall.
The ICC, which is overseeing the coordination process, has remained in constant communication with Indian High Commissions in multiple cities across continents.
'It is best to remain vigilant. Tarique Rahman arranged arms smuggling to Indian insurgent groups.' 'He has criticised India for sheltering Sheikh Hasina, but has also sought India's support.'
Trinamool Congress leader Abhishek Banerjee challenged Union Home Minister Amit Shah to resign, citing hypocrisy in Shah's call for 'clean politics' given his past arrest. Banerjee also criticised the Election Commission and defended his party's record.
'We welcome everyone to India, but whether they (Bangladesh) want to come here or not is their choice.'
Indian badminton star PV Sindhu and her coach were stranded at Dubai International Airport following an explosion near their location, triggered by escalating tensions in the Gulf region.
India has suspended visa operations at its application center in Chittagong, Bangladesh, following heightened tensions and protests after the death of a student leader.
India and the European Union have finalized a comprehensive mobility pact that will create new opportunities for Indian students and professionals in Europe. The agreement was reached during summit talks between Prime Minister Narendra Modi and top EU officials.
Security was increased outside the Bangladesh High Commission in Delhi due to a planned protest by the VHP and Bajrang Dal regarding attacks on Hindus in Bangladesh.
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.
Security has been strengthened at the Indian Assistant High Commission office and the visa application centre in Bangladesh's Sylhet city in the wake of heightened tensions following the death of prominent youth leader Sharif Osman Hadi, officials said on Saturday.
India's state-level fiscal rules have improved headline deficits, but the gains are fragile and uneven with major states still grappling with high debt levels, a World Bank report submitted to the 16th Finance Commission (FC) said. According to the report, despite nearly two decades of adoption of fiscal responsibility laws (FRLs), debt levels have not converged.
China has commissioned its third aircraft carrier, the Fujian, featuring advanced electromagnetic catapults, amidst rising tensions and military modernization efforts.
Bangladesh will not play their T20 World Cup matches in India after Mustafizur Rahman was released by Kolkata Knight Riders amid growing tensions between the countries, Bangladesh's sports adviser Asif Nazrul said on Sunday.
'Trump says India will buy over $500 billion of US goods.' 'At present, India's annual imports of goods and energy from the US are under $50 billion.' 'Reaching $500 billion would likely require more than 20 years, suggesting the figure refers to a long-term aspiration rather than a near-term commitment.'
China's latest defence budget surges to $275 billion, fueling its ambitious military modernisation program and intensifying geopolitical dynamics in the region.
If Xi Jinping can establish control over the PLA Ground Force, relations between India and China will settle down to an even keel. The next few weeks will show whether Xi has finally succeeded in gaining control over the PLA Ground Force. That could bring about the substantive shift in India-China relations that both our leaders have been working for, observes Ambassador Prabhat Shukla.
'The BNP's election manifesto lists grievances against India, mirroring the attitude of past BNP governments.' 'Political parties have been careful not to say bad things about China.'
'It's a lifetime opportunity to cook for the most high-profile table of India. It's a matter of honour for me.'
The interim government of Bangladesh has recalled its High Commissioner to India, M Riaz Hamidullah, to Dhaka for consultations amid tensions in bilateral relations between the two countries, Prothom Alo reported, citing diplomatic sources.
Modi urged the youngsters to celebrate when they or a person around them becomes a voter for the first time.
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