News for 'Insurance Council'

CBI registers 2 FIRs on graft charges by ex-JK Guv Malik, searches 14 places

CBI registers 2 FIRs on graft charges by ex-JK Guv Malik, searches 14 places

Rediff.com21 Apr 2022

The CBI after registering the FIRs carried out searches on Thursday morning at 14 locations in Jammu, Srinagar, Delhi, Mumbai, Noida in Uttar Pradesh, Trivandrum in Kerala and Darbhanga in Bihar, they said.

Govt might resort to ordinance route for insurance, coal Bills

Govt might resort to ordinance route for insurance, coal Bills

Rediff.com23 Dec 2014

Since Parliament is still in session, the government refrained from making an official statement but the ministers said there were ample 'precedents by the Congress governments in the past' of Bills being pushed through the ordinance route.

Senior-level bureaucratic rejig at Centre, Rajendra Kumar made ESIC chief

Senior-level bureaucratic rejig at Centre, Rajendra Kumar made ESIC chief

Rediff.com25 Sep 2022

Kumar, a 1992-batch Indian Administrative Service officer of Tamil Nadu cadre, is currently an additional secretary in the ministry of electronics and Information Technology.

Fund-raises by fintechs slowed by 47% in 2022

Fund-raises by fintechs slowed by 47% in 2022

Rediff.com20 Mar 2023

Recently, Slice, a payment app, acquired a 5 per cent stake in North East Small Finance (NESF) for $3.42 million - the first such deal by a fintech in a small finance bank. Slice (valued at $1.5 billion, and backed by Tiger Global, Blume Ventures and Axis Bank) will technically get a toehold in a scheduled commercial bank if NESF were to get a licence to morph into one down the line Such a transition is well within the banking regulator's declared framework. The transaction has to be seen in a larger context.

'Peace seekers don't shelter terrorists': India slams Pak at UN

'Peace seekers don't shelter terrorists': India slams Pak at UN

Rediff.com24 Sep 2022

India also slammed Pakistan Prime Minister Shehbaz Sharif for raking up Jammu and Kashmir at the UN.

2-day nationwide trade union strike from March 28

2-day nationwide trade union strike from March 28

Rediff.com23 Mar 2022

A joint forum of central trade unions has given a call for a nationwide strike on March 28 and 29, to protest against government policies affecting workers, farmers, and people. The Joint Platform of central trade unions held a meeting in Delhi on March 22, 2022, to take stock of the preparations in various states and sectors for the proposed two-day all India strike on 28-29 March 2022 against "the anti-worker, anti-farmer, anti-people and anti-national policies" of the central government, a statement said. The statement said that roadways, transport workers and electricity workers have decided to join the strike in spite of the impending threat of ESMA (Haryana and Chandigarh, respectively). Financial sectors, including banking and insurance, are joining the strike, it stated.

Ukraine situation, crude prices posing challenge to financial stability: Sitharaman

Ukraine situation, crude prices posing challenge to financial stability: Sitharaman

Rediff.com22 Feb 2022

Finance Minister Nirmala Sitharaman on Tuesday said the Russia-Ukraine crisis and the ensuing jump in global crude prices are a challenge to financial stability in India. The two issues were discussed at the meeting of Financial Stability Development Council (FSDC), which comprises all the financial sector regulators, Sitharaman told reporters in Mumbai. "It is difficult to say how it (crude prices) will go.

How drones can give wings to farmers

How drones can give wings to farmers

Rediff.com13 Nov 2022

So far, the drones that were considered important for the agriculture sector were nature-made winged-insects - a key component of the bee-based natural pollination cycle. The new-age drone is a whirring machine with rotors that can help farmers plan and grow and manage their crops. For the farm sector in India, which has had low levels of mechanisation, the impact of drones can be tremendous. The use of drones can help it leapfrog to modernisation in the same way that mobile phones helped India overcome its traditional lack of connectivity.

Industrialist Rahul Bajaj passes away

Industrialist Rahul Bajaj passes away

Rediff.com12 Feb 2022

He is survived by two sons, Rajiv Bajaj and Sanjiv Bajaj, and a daughter Sunaina Kejriwal.

China's Military Upgrade A Cause Of Concern

China's Military Upgrade A Cause Of Concern

Rediff.com28 Mar 2023

The further expansion and upgrade of the Chinese military does not augur well for India, which continues to confront an increasingly belligerent China on its borders, notes former foreign secretary Shyam Saran.

'After the devastation of Covid, I had expected a higher budget for health'

'After the devastation of Covid, I had expected a higher budget for health'

Rediff.com9 Feb 2023

'...to address the serious faultlines that had got exposed during the pandemic.' 'If the economy is looking up this year, we could have been allocated an increase of at least 20%.'

Modi speaks to Sunak, both agree on early conclusion of FTA

Modi speaks to Sunak, both agree on early conclusion of FTA

Rediff.com27 Oct 2022

It was their first conversation since Indian-origin Sunak took charge as British prime minister on Tuesday.

Disappointed over govt policies on FDI, divestment in Budget 2021: BMS

Disappointed over govt policies on FDI, divestment in Budget 2021: BMS

Rediff.com1 Feb 2021

RSS-aligned Bharatiya Mazdoor Sangh (BMS) on Monday expressed disappointment over the government's budget proposals with regard to divestment and foreign direct investment, especially in the insurance sector. The BMS, however, lauded the government for its current efforts on the massive vaccination programme, a special scheme for tea workers in West Bengal and Assam, labour oriented push on infrastructure projects in construction sector and development of five major fishing harbours viz. Kochi, Chennai, Visakhapatnam, Paradip, and Petuaghat as hubs for economic activities etc. On other Budget proposals, it said in a statement that "mixing the beautiful concept of Aatmanirbhar Bharat with FDI and disinvestment in the Union Budget is disappointing for the employees".

Uncertain future awaits Indian pharma exporters

Uncertain future awaits Indian pharma exporters

Rediff.com25 Aug 2021

As uncertainty looms large in Afghanistan, Indian pharma exporters are apprehensive to send goods to the war-torn country and the target of exporting $126 million worth of pharmaceutical goods to the Taliban-ruling nation now depends on the future outcome. Udaya Bhaskar, director general of Pharmaceuticals Export Promotion Council of India (Pharmexcil) body under the Department of Commerce on Tuesday said as the situation is grim over there and India pharma exporters have cordial relations with Afghanistan. "The projected target for 2021-22 is $126.22 million.

BCCI asks office bearers to decide venues for T20 WC 2021

BCCI asks office bearers to decide venues for T20 WC 2021

Rediff.com24 Dec 2020

The T20 World Cup is slated to be held in India in October-November 2021.

Why TN Has Challenged NEET in Supreme Court

Why TN Has Challenged NEET in Supreme Court

Rediff.com22 Feb 2023

As the petition points out, new medical colleges entail adjunct government hospitals, thus making specialised medical care that much more accessible to the vast majority of population that otherwise could not afford high-cost medical care in the private sector, N Sathiya Moorthy points out.

'BCCI must act quickly; ageing former players cannot wait forever'

'BCCI must act quickly; ageing former players cannot wait forever'

Rediff.com20 Jul 2020

The demands include pension for former players who have played less than 25 first-class games, pension for widows of former cricketers, increase in medical insurance from Rs 5 lakh to 10 lakh and a benevolent fund for Manoj Prabhakar.

Situation in Afghanistan to impact trade with India: Exporters

Situation in Afghanistan to impact trade with India: Exporters

Rediff.com16 Aug 2021

With Kabul falling into the hands of the Taliban, bilateral trade between Afghanistan and India will get impacted significantly in these uncertain times, according to exporters. Federation of Indian Export Organisations (FIEO) director general Ajay Sahai said domestic exporters should follow caution looking into the political development in Afghanistan, particularly with regard to payments, for which adequate credit insurance may be availed by them. "The trade will be impacted. It would reduce due to the growing uncertainty in Afghanistan," he said on Monday. Former FIEO president and country's leading exporter S K Saraf too said there will be a significant fall in the bilateral trade.

Meet FM's A-team behind Budget 2022

Meet FM's A-team behind Budget 2022

Rediff.com31 Jan 2022

Finance Minister Nirmala Sitharaman will present the much-awaited 2022-23 Union Budget on February 1. While there has been strong recovery in some sectors, touch services like hospitality, tourism and leisure continue to suffer after two Covid-19 waves. Household savings have been hit due to increased spending on health care. Consumption has still not reached pre-pandemic levels.

Modicare: Niti Aayog gets tough, seeks 'realistic' estimates

Modicare: Niti Aayog gets tough, seeks 'realistic' estimates

Rediff.com21 Feb 2018

The government would be setting up a National Health Protection Council, National Governance Board and National Health Agency before roll-out of the scheme on August 15.

Don't fret if your claims get rejected

Don't fret if your claims get rejected

Rediff.com11 Jan 2019

Customers should be fully aware of what their policy covers and should follow claim procedures meticulously, says Sanjay Kumar Singh.

KochharGate: A Litmus Test For CBI

KochharGate: A Litmus Test For CBI

Rediff.com9 Jan 2023

In Chanda's defence, one can always say, why would the Videocon Group take care of her husband as a quid pro quo to get a loan? After all, the group has taken money from the entire banking industry and ICICI Bank's share in the pie is not even 10 per cent. So, if it had a quid pro quo with Chanda to get the money, it must have had similar arrangements with other banks, too. If this is not the case, one must accept that it had got money from all banks, including ICICI, without any under-the-table conditions, points out Tamal Bandyopadhyay.

'Strong economy attracts investment'

'Strong economy attracts investment'

Rediff.com8 Jun 2021

'I'm not sure it's a bubble.'

Top UPI players stare at uncertain future

Top UPI players stare at uncertain future

Rediff.com20 Apr 2021

'How can we be told not to grow?'

New recurring payment norms: 4 weeks later, people still face disruptions

New recurring payment norms: 4 weeks later, people still face disruptions

Rediff.com28 Oct 2021

More than three weeks have passed since the Reserve Bank of India's (RBI's) new guidelines on e-mandates for recurring payments came into effect but consumers are still taking to social media platforms to complain about the disruptions they are facing. This comes as most stakeholders in the ecosystem have not put in place systems in accordance with the new rules, resulting in many transactions not going through. Industry sources said most banks are still not ready, especially the smaller ones.

Why Stalin is Tamil Nadu's CM with a difference

Why Stalin is Tamil Nadu's CM with a difference

Rediff.com1 Sep 2021

From social engineering to bearing the cost of COVID-19 treatment to financial reconstruction of Tamil Nadu's debt the debutant chief minister is emerging as a leader with a difference, says Shjne Jacob

Sitharaman reviews state of economy with regulators

Sitharaman reviews state of economy with regulators

Rediff.com7 Nov 2019

The 21st meeting of FSDC comes against the backdrop of the economy hitting a six-year low growth rate of 5 per cent in the first quarter of 2019-20. Even some of the macroeconomic data for the second quarter does not portray an encouraging picture of the economy.

Modi Must Fix His Problems With The States

Modi Must Fix His Problems With The States

Rediff.com5 Oct 2021

Given the many policy areas where the Centre and the states have not been seeing eye to eye in the last few years, it is time the Modi government convenes a meeting of the Inter-State Council, recommends A K Bhattacharya.

Testing for Modicare to start by July

Testing for Modicare to start by July

Rediff.com23 Mar 2018

By April, operational guidelines for the scheme will be finalised and shared with states

J-K civic polls 'moment of pride' for India: Modi

J-K civic polls 'moment of pride' for India: Modi

Rediff.com26 Dec 2020

Launching the Ayushman Bharat scheme via a video-conference to extend health insurance benefits to all residents of Jammu and Kashmir, he said the three-tier panchayat system has fully taken shape in the UT, describing it as a realisation of Mahatma Gandhi's dream of 'gram swaraj' (village self-rule).

RBI tightens fit-and-proper criteria for directors on PSB boards

RBI tightens fit-and-proper criteria for directors on PSB boards

Rediff.com5 Aug 2019

Members of Parliament, state legislatures, and local governments not eligible to be members of PSB boards

Holy smoke! ITC loses nearly Rs 50,000 cr in M-cap

Holy smoke! ITC loses nearly Rs 50,000 cr in M-cap

Rediff.com18 Jul 2017

The stock was the worst hit among Sensex and Nifty components.

Budget 2020: Farm experts pitch for scrapping GST on agri-inputs

Budget 2020: Farm experts pitch for scrapping GST on agri-inputs

Rediff.com18 Dec 2019

Bharat Krishak Samaj demanded that the Pradhan Mantri Fasal Bima Yojana should be replaced with a new crop insurance and compensation scheme.

SC gets 9 new judges, including 3 women

SC gets 9 new judges, including 3 women

Rediff.com26 Aug 2021

The new judges of the top court include Justice B V Nagarathna, who will be in line to be the first woman Chief Justice of India (CJI) in September 2027, Justice Bela M Trivedi, Justice Hima Kohli, Justice C T Ravikumar, Justice M M Sundresh, and senior advocate and former Additional Solicitor General P S Narasimha.

Govt trashes report on higher COVID-19 deaths

Govt trashes report on higher COVID-19 deaths

Rediff.com12 Jun 2021

"The unsound analysis of the said article is based on the extrapolation of data without any epidemiological evidence," the ministry said, adding the studies used by the magazine to estimate the mortality are not validated tools for determining the death rate of any country or region.

SC collegium recommends 9 judges, including 3 women

SC collegium recommends 9 judges, including 3 women

Rediff.com18 Aug 2021

In an unprecedented decision, the Supreme Court Collegium has recommended the names of three women judges for appointment in the apex court which, if cleared, would give the country its first woman Chief Justice of India (CJI) in the form of Justice B V Nagarathna on February 10, 2027.

Uddhav meets Modi over Maratha quota, cyclone aid

Uddhav meets Modi over Maratha quota, cyclone aid

Rediff.com9 Jun 2021

Maharashtra Chief Minister Uddhav Thackeray met Prime Minister Narendra Modi on Tuesday and discussed issues related to the Maratha reservation, pending GST compensation and the proposed Metro car shed in Kanjur.

Tough rules for AYUSH treatment make health cover difficult

Tough rules for AYUSH treatment make health cover difficult

Rediff.com19 Oct 2016

IRDA's condition that treatment under AYUSH has to be at a government hospital or an institute recognised by the government makes insurance cover difficult.

India's exports dip 5.4% in Oct, trade deficit narrows

India's exports dip 5.4% in Oct, trade deficit narrows

Rediff.com3 Nov 2020

After recording positive growth in September, India's exports declined 5.4 per cent to $24.82 billion in October on account of dip in shipments of petroleum products, gems and jewellery, leather, and engineering goods. Trade deficit in October narrowed to $8.78 billion as against $11.76 billion, as imports also fell 11.56 per cent to $33.6 billion during the month under review.

Maha monsoon fury: 113 dead, 100 still missing

Maha monsoon fury: 113 dead, 100 still missing

Rediff.com25 Jul 2021

So far, 50 people have also been injured in these incidents, the government said in a statement.