News for 'Insurance Laws'

Cong promises caste survey, interest-free farm loan in Rajasthan manifesto

Cong promises caste survey, interest-free farm loan in Rajasthan manifesto

Rediff.com21 Nov 2023

The party also promised reservation to minorities on basis of their population after the caste census.

Govt to amend two laws to ease privatisation of banks

Govt to amend two laws to ease privatisation of banks

Rediff.com16 Feb 2021

Amendments would be required in the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 for privatisation, sources said.

Mamata, BJP trade verbal blows over NIA team attack in Bengal

Mamata, BJP trade verbal blows over NIA team attack in Bengal

Rediff.com6 Apr 2024

West Bengal Chief Minister Mamata Banerjee on Saturday accused NIA officials of attacking villagers in Purba Medinipur district, the BJP hit back at her saying that the attack on the NIA officials is Sandeshkhalli 2.0 orchestrated by the state.

Rajasthan doctors end strike as govt accepts their key demands

Rajasthan doctors end strike as govt accepts their key demands

Rediff.com4 Apr 2023

The doctors' bodies said that the two sides reached consensus during talks with the state government agreeing to keep private hospitals that have not availed land at subsidised rates or other benefits from it outside the ambit of the proposed law.

Anti-incumbency to factionalism: Factors that will decide Rajasthan poll

Anti-incumbency to factionalism: Factors that will decide Rajasthan poll

Rediff.com10 Oct 2023

Here are the main factors that impact the November 23 elections in the state.

Expats to lose jobs in Saudi stores

Expats to lose jobs in Saudi stores

Rediff.com17 Jan 2008

Labour Law in Saudi Arabia has called for replacement of foreign workers in stores by Saudi nationals.

Why it won't be easy for Tesla to drive into India

Why it won't be easy for Tesla to drive into India

Rediff.com10 Mar 2024

India will not tailor its policies to suit US EV maker Tesla, and its laws and tariff rules will be formulated to attract all-electric vehicle manufacturers from across the world to set up a base in the world's fastest-growing economy, Commerce and Industry Minister Piyush Goyal said. Tesla has been seeking an initial tariff concession that would allow it to offset 70 per cent customs duty for cars priced less than $40,000, and 100 per cent for cars of higher value.

Law ministry says e-KYC valid

Law ministry says e-KYC valid

Rediff.com9 Aug 2013

Finance ministry asks bank, insurance & market regulators to issue notifications

How Family Can Help You Save Taxes

How Family Can Help You Save Taxes

Rediff.com20 Apr 2023

Did you know that an individual can, in addition to the tax benefits she/he is entitled to, also leverage the benefits available to family members to reduce this liability?

Creation of insurance pool for N-mishaps, a major breakthrough

Creation of insurance pool for N-mishaps, a major breakthrough

Rediff.com15 Jun 2015

Several nuclear power projects held up for the lack of such an insurance pool can now be expected to move forward.

ICICI mulls IPO in 4 arms, insurance stake sale

ICICI mulls IPO in 4 arms, insurance stake sale

Rediff.com21 Aug 2009

The bank would take a call on the subject once the laws are amended to hike foreign direct investment in insurance sector from 26 per cent to 49 per cent, ICICI Bank CEO and managing director Chanda Kochhar told PTI. This would help create value for the stake holders, she clarified while pointing out that ICICI Bank's share price had increased three times in the last six months to about Rs 750 a share.

Over 100,000 small and mid-sized firms flout GST e-invoicing rules

Over 100,000 small and mid-sized firms flout GST e-invoicing rules

Rediff.com17 Nov 2023

Over 100,000 small and medium-sized businesses are non-compliant with e-invoicing norms under the goods and services tax (GST) regime, a mandatory requirement for businesses with an annual turnover of over Rs 5 crore. E-invoicing provides real-time access to invoices that are prepared by the supplier on the purchase of goods, allowing faster accessibility to input tax credit, thereby limiting the manipulation of fake credit as it has to be generated before the transaction. "The default has been reported mainly in businesses with a turnover between Rs 5 crore and Rs 20 crore," a senior official informed

Son-in-law rises in the Max Group

Son-in-law rises in the Max Group

Rediff.com17 Aug 2016

Sahil Vachani fuels Analjit Singh's new business initiatives

Why KYC Is Important

Why KYC Is Important

Rediff.com5 Mar 2024

'Clients deemed higher-risk are required to update their KYC more frequently.'

RBI moves Finmin to secure autonomy

RBI moves Finmin to secure autonomy

Rediff.com8 Jul 2010

The Reserve Bank of India (RBI) has urged Finance Minister Pranab Mukherjee to allow the Securities and Insurance Laws (Amendment and Validation) Ordinance 2010 to lapse, since it could affect the autonomy of all regulators, including the central bank.

Farmers' outfit warns of another protest if...

Farmers' outfit warns of another protest if...

Rediff.com20 Mar 2023

A 15-member SKM delegation met with Union Agriculture Minister Narendra Singh Tomar at Krishi Bhawan in the afternoon and submitted a demand charter, farmer leader Darshan Pal said.

Will Gehlot's welfare schemes help Congress buck trend in Rajasthan?

Will Gehlot's welfare schemes help Congress buck trend in Rajasthan?

Rediff.com22 Nov 2023

With no apparent wave on the ground or pressing everyday issues, that's what it boils down for voters as Rajasthan readies for assembly polls this week.

RCap lenders in a fix as Hindujas retract revised Rs 8,950-cr offer

RCap lenders in a fix as Hindujas retract revised Rs 8,950-cr offer

Rediff.com27 Mar 2023

The Hinduja group is learnt to have backtracked from making a minimum Rs 8,950-crore offer for Reliance Capital (RCap) - a deal that it had belatedly put forth in December, after Torrent Investments emerged as the highest bidder for the bankrupt firm in the challenge process. The Hindujas' latest move has put Indian lenders, with an exposure of Rs 24,000 crore, in a spot as it was the former's revised offer that led to a call for a second auction and litigation by Torrent, which had placed a bid of Rs 8,649 crore in the first auction. Torrent has moved the Supreme Court and plans to wait for the apex court verdict before participating in any fresh auction. A banking source said there was an informal meeting of a few lenders of Reliance Capital with the bidders - the Torrent group and the Hinduja group on Friday when the latter changed its stand. The meeting of RCap's committee of creditors (CoC) is scheduled for Monday.

BJP concerned over dilution of RBI autonomy

BJP concerned over dilution of RBI autonomy

Rediff.com9 Aug 2010

The Bharatiya Janata Party on Monday said it is concerned over dilution of RBI's autonomy with the passage of a Bill that seeks to create a joint mechanism for resolution of disputes between different financial regulators.

NDA to divide opposition in Rajya Sabha for passage of insurance bill

NDA to divide opposition in Rajya Sabha for passage of insurance bill

Rediff.com1 Aug 2014

The National Democratic Alliance government's parliamentary managers have a busy weekend ahead, says Rediff.com contributor Anita Katyal.

SC rejects legal status for same-sex marriage, bats for queer rights

SC rejects legal status for same-sex marriage, bats for queer rights

Rediff.com17 Oct 2023

Directing the Centre, states and Union Territories (UTs) to ensure the queer community is not discriminated against, the CJI, who is heading the constitution bench, said queer is a natural phenomenon known for ages and is neither urban nor elitist.

'Ministers lost because of their arrogance'

'Ministers lost because of their arrogance'

Rediff.com5 Dec 2023

'Once elected, you have to act like people's representative for the full five years or else people show you your place.'

EC issues 2 notices to Rajasthan Congress over poll ads

EC issues 2 notices to Rajasthan Congress over poll ads

Rediff.com23 Nov 2023

The poll panel has asked state Congress chief Govind Singh Dotasra to respond to the notices by 3 pm on Thursday and 7 pm on Friday, respectively.

Will Odisha Show Faith In Naveen Patnaik Again?

Will Odisha Show Faith In Naveen Patnaik Again?

Rediff.com11 Mar 2024

The 78-year-old Naveen is on the cusp of creating history. He must win the forthcoming Assembly polls to become India's longest-serving chief minister, a record held by Sikkim's Pawan Kumar Chamling.

'Palestinians live in an open prison'

'Palestinians live in an open prison'

Rediff.com29 Jan 2024

'Israelis arrested us before this war and continue to do so -- even more so -- now.'

'Acceptance of LGBTQIA+ is like Vande Bharat Express'

'Acceptance of LGBTQIA+ is like Vande Bharat Express'

Rediff.com18 Oct 2023

'As it happens in any society, when progress happens, hate also comes out.' 'There is always a bit of a risk and possibility of rejection, particularly by an orthodox section of society.'

10 laws that changed how India does business

10 laws that changed how India does business

Rediff.com6 Jan 2020

Experts consider Sebi's takeover code in its present form to be on a par with any foreign code governing public mergers and acquisitions.

Review plea filed against SC verdict on same-sex marriage

Review plea filed against SC verdict on same-sex marriage

Rediff.com1 Nov 2023

The review plea by one of the petitioners Udit Sood has been filed with the apex court registry.

Read All Contracts Carefully!

Read All Contracts Carefully!

Rediff.com24 Mar 2023

Suppose you had bought a television set that came with a one-year warranty. It breaks down two years after purchase. You can't react emotionally and say that such an expensive set should last for at least five-six years.

Read This Before Filing I-T Returns

Read This Before Filing I-T Returns

Rediff.com18 Jul 2023

Penalties for non-disclosure or inaccurate disclosure of these details can be severe.

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.

Stop Displaying 'Army' On Private Vehicles

Stop Displaying 'Army' On Private Vehicles

Rediff.com8 Feb 2024

Displaying 'ARMY' on private transport is an attempt to milk the respect and reverence that the common citizen has for a person in the armed forces, observes Colonel K Thammayya Udupa (retd). By writing 'ARMY' and displaying regimental insignias, we expect a few misdemeanours to be overlooked.

HDFC Bank to continue opening branches at same speed in FY24 as last year

HDFC Bank to continue opening branches at same speed in FY24 as last year

Rediff.com24 Apr 2023

After opening close to 1,500 branches in 2022-23, HDFC Bank, the country's largest private sector lender, will continue expanding its branch network at the same speed in the current financial year. The lender says branch expansion is crucial for deposit mobilisation. As of March 31, 2023, HDFC Bank had 7,821 branches, up from 6,342 a year ago.

Nature settles scores, says Adityanath on Atiq Ahmed's home turf

Nature settles scores, says Adityanath on Atiq Ahmed's home turf

Rediff.com2 May 2023

Addressing an election meeting on what once was the home turf of slain gangster-politician Atiq Ahmed, Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday appeared to invoke nature as a great leveller -- a force that delivers justice.

After Llyod's, many reinsurers keen to start ops in India

After Llyod's, many reinsurers keen to start ops in India

Rediff.com17 Mar 2015

After Llyod's, many reinsurers keen to start ops in India.

MH-370 crash: Insurance cos are liable to pay the full sum

MH-370 crash: Insurance cos are liable to pay the full sum

Rediff.com25 Mar 2014

Aircraft that are lost and their debris aren't found are also covered under the 'disappearance' clause in an aviation insurance policy.

Lok Sabha passes coal, insurance bills; set to face hurdles in RS

Lok Sabha passes coal, insurance bills; set to face hurdles in RS

Rediff.com4 Mar 2015

Lack of numbers would upstage it in Rajya Sabha

FIIs to get more leeway, says FM

FIIs to get more leeway, says FM

Rediff.com4 Mar 2005

Indian laws strong enablers of women empowerment: Smriti at UN

Indian laws strong enablers of women empowerment: Smriti at UN

Rediff.com2 Oct 2020

Irani said the "Government of India took a series of measures for ensuring safety, security and well-being of women during the COVID-19 pandemic."