News for 'Insurance'

Which Industries Will Give Bigger Salary Hikes?

Which Industries Will Give Bigger Salary Hikes?

Rediff.com10 Jun 2026

'While salary increments are moderating compared to last year, not all functions are moving at the same pace.'

India Inc Battles Rising Gulf War Costs

India Inc Battles Rising Gulf War Costs

Rediff.com9 Jun 2026

Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.

How India plans to counter external risks facing its economy

How India plans to counter external risks facing its economy

Rediff.com9 Jun 2026

The Indian government is set to accelerate reforms, including measures to enhance foreign direct investment, speed up divestment, and boost asset monetisation, to maintain economic growth despite rising fuel and fertiliser import costs driven by the West Asia crisis.

Time to Reassess Your Term Insurance

Time to Reassess Your Term Insurance

Rediff.com7 Jan 2026

While investments are typically reviewed annually, risk cover is often left unchanged for years.

LS clears Insurance Amendment Bill to allow 100% FDI in insurance sector

LS clears Insurance Amendment Bill to allow 100% FDI in insurance sector

Rediff.com17 Dec 2025

Finance Minister Nirmala Sitharaman on Tuesday said that raising the FDI limit to 100 per cent in the insurance sector will help attract more capital, improve competition and increase insurance penetration by making policies more affordable.

Why hospital stocks are thriving despite broader market dips

Why hospital stocks are thriving despite broader market dips

Rediff.com28 May 2026

Hospital stocks have emerged as a strong theme in 2026, outperforming benchmark indices due to robust earnings growth, improved occupancy, higher average revenue per occupied bed, and aggressive expansion plans by major chains.

Haryana Revamps Sports Policy For Olympic Glory And Athlete Welfare

Haryana Revamps Sports Policy For Olympic Glory And Athlete Welfare

Rediff.com3 Jun 2026

Haryana is revamping its 2015 Sports Policy to focus on long-term talent development for future Olympians, moving beyond just prize money and jobs. Key initiatives include 'Mission Olympics-2036 Vijayee Bhavah' for young athletes and the 'Khelo Haryana App' for integrated athlete services. The state aims to strengthen athlete welfare, infrastructure, and institutional support.

Insurance First, Fly Confidently

Insurance First, Fly Confidently

Rediff.com16 Dec 2025

With winter holidays approaching, some Indian travellers will venture abroad. Many will be underprepared for medical and other travel-related risks. Trip disruptions, missed connections, and steep medical costs in developed countries can leave travellers exposed if they underestimate the coverage they need.

Increasing the number of policy sales will be a key focus area for SBI Life

Increasing the number of policy sales will be a key focus area for SBI Life

Rediff.com6 May 2026

"Policy sales will be one of the focus areas for the company because looking at the large insurance gap, large number of people being uncovered. The only right way to go is to increase the number of policies," said Amit Jhingran, MD & CEO, SBI Life Insurance.

Want To Own Ultra-Exclusive Cars?

Want To Own Ultra-Exclusive Cars?

Rediff.com15 Jun 2026

'I own a few cars that I have had specified minutely to my taste, and it does feel nice to know that there are no other vehicles like them anywhere in the world.'

Commission structure in life insurance sector may change

Commission structure in life insurance sector may change

Rediff.com8 Jan 2026

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).

How Ayushman Bharat Will Benefit West Bengal, Says Modi

How Ayushman Bharat Will Benefit West Bengal, Says Modi

Rediff.com12 May 2026

Prime Minister Narendra Modi has welcomed the West Bengal government's decision to implement the Ayushman Bharat scheme, highlighting the benefits for the state's residents.

RBI to roll out risk-based premium model for deposit insurance

RBI to roll out risk-based premium model for deposit insurance

Rediff.com10 Feb 2026

The RBI will now charge banks different deposit insurance fees based on how risky they are, allowing safer banks to pay less premium.

Why Weddings Need Insurance

Why Weddings Need Insurance

Rediff.com8 Dec 2025

Wedding insurance goes far beyond protecting against cancellations.

How TCS And Mistral Will Deliver AI Solutions Globally

How TCS And Mistral Will Deliver AI Solutions Globally

Rediff.com28 May 2026

Tata Consultancy Services has partnered with French artificial intelligence firm Mistral to provide frontier grade AI solution, Mistral Forge, for enterprises across the world.

Smart Tips: How To Save LTCG, File ITR

Smart Tips: How To Save LTCG, File ITR

Rediff.com2 Jun 2026

rediffGURU T S Khurana answers readers' personal income tax queries

Why Mid-Tier BFSI Firms In India Face Heightened Cyber Risks

Why Mid-Tier BFSI Firms In India Face Heightened Cyber Risks

Rediff.com28 May 2026

A report indicates that mid-tier banking, financial services, and insurance (BFSI) entities in India are highly exposed to cyberattacks due to aggressive digitisation coupled with insufficient cybersecurity investments.

Cyber Fraudsters Swindle Navi Mumbai Senior Citizen Of 64 Lakh

Cyber Fraudsters Swindle Navi Mumbai Senior Citizen Of 64 Lakh

Rediff.com26 Apr 2026

A senior citizen in Navi Mumbai was allegedly swindled of 64 lakh over four years by cyber fraudsters posing as insurance regulators and grievance officials.

GST rejig helps life insurers' NBP surge 40% in December

GST rejig helps life insurers' NBP surge 40% in December

Rediff.com12 Jan 2026

The life insurance industry recorded nearly 40 per cent year-on-year (Y-o-Y) growth in new business premiums (NBP), aided by the rationalisation of goods and services tax (GST) on individual life insurance premiums, which has made policies more affordable for consumers.

New labour Codes raise operating expenses of pvt banks, insurers

New labour Codes raise operating expenses of pvt banks, insurers

Rediff.com26 Jan 2026

The new labour Codes, notified by the central government in November 2025, have pushed up employee costs for private-sector banks and insurance companies, with these firms reporting higher operating expenses in the October-December quarter (Q3FY26) due to the statutory impact of the new labour Codes.

Rupee Fall Hits Study Abroad Dreams

Rupee Fall Hits Study Abroad Dreams

Rediff.com4 Jun 2026

Compared with a year ago, the effective cost of studying abroad for Indian students has increased by roughly 10%-12% due to currency depreciation and rising living costs.

HDFC Life profit rose 4% in Q4; parent bank to invest Rs 1,000 crore

HDFC Life profit rose 4% in Q4; parent bank to invest Rs 1,000 crore

Rediff.com17 Apr 2026

HDFC Life Insurance reported a 4 per cent year-on-year increase in net profit to Rs 495.6 crore for Q4FY26, while its parent, HDFC Bank, announced a Rs 1,000 crore preferential share issuance to raise its stake to 50.5 per cent.

100% FDI in insurance likely soon

100% FDI in insurance likely soon

Rediff.com13 Dec 2025

The Union Cabinet on Friday approved 100 per cent foreign direct investment (FDI) in the insurance sector, a move that was welcomed by industry as it would help attract more capital and global expertise, while boosting insurance coverage in the country. A bill to amend the insurance law is likely to be tabled on Monday in Parliament, whose winter session is slated to conclude on December 19.

Satheesan, Suvendu, Vijay Will Struggle To Fund Poll Promises

Satheesan, Suvendu, Vijay Will Struggle To Fund Poll Promises

Rediff.com23 May 2026

Kerala, Tamil Nadu and West Bengal have been fiscally stressed for a considerable period of time, and there are no easy ways to mobilise revenues to meet the cost of the promised freebies, particularly in the prevailing difficult economic scenario, points out M Govinda Rao.

Can Srini Pallia Revive Wipro?

Can Srini Pallia Revive Wipro?

Rediff.com2 Jun 2026

'Wipro's challenge is not lack of ideas. In fact, some of its recent structural moves are arguably bolder than peers.' 'The problem is proving it can operationalise these bets faster and more consistently.'

LIC unveils MyLIC and Super Sales Saathi apps for digital transformation

LIC unveils MyLIC and Super Sales Saathi apps for digital transformation

Rediff.com16 Apr 2026

Life Insurance Corporation (LIC) has launched two new mobile applications, MyLIC for policyholders and Super Sales Saathi for its sales intermediaries, aiming to enhance digital agility and cater to the younger generation's needs. The apps, part of LIC's DIVE digital transformation platform, offer features like policy management, premium payments, and personalised recommendations.

Are You Insured Against Terrorism?

Are You Insured Against Terrorism?

Rediff.com1 Dec 2025

'Reviewing terms such as war, invasion, acts of foreign enemies or hostilities, which often appear in industry exclusion lists, can help avoid surprises at the time of claim.'

Bajaj Finserv completes Allianz's stake buyout in its insurance arms

Bajaj Finserv completes Allianz's stake buyout in its insurance arms

Rediff.com9 Jan 2026

Bajaj Finserv on Thursday said it has completed the acquisition of Allianz SE's stake in Bajaj General Insurance and Bajaj Life Insurance, worth Rs 12,190 crore and Rs 9,200 crore, respectively. Bajaj Finserv, along with Bajaj Holdings & Investment and Jamnalal Sons, acquired the foreign insurer's 23 per cent stake in the businesses, marking the largest transaction in the Indian insurance sector.

India Inc's Q4 Profit Margins Soar to 5-Year High on Cost Optimisation

India Inc's Q4 Profit Margins Soar to 5-Year High on Cost Optimisation

Rediff.com27 May 2026

Indian companies recorded their highest profit margins in 21 quarters during Q4FY26, reaching 11.3 per cent, primarily due to significant savings from lower employee costs and reduced interest payments, which offset rising raw material prices.

Paternity Leave For Private Sector On Cards?

Paternity Leave For Private Sector On Cards?

Rediff.com14 May 2026

Male central government employees are entitled to 15 days under service rules and provisions in the private sector depends on the company's policy.

West Asia Conflict Caused Sri Lankan Rupee's Fall, Says Government

West Asia Conflict Caused Sri Lankan Rupee's Fall, Says Government

Rediff.com22 May 2026

The Sri Lankan government attributes the sharp depreciation of the rupee against the US dollar to the ongoing conflict in West Asia, citing increased costs for essential imports like gas, fertiliser, and oil.

Govt may hike FDI limit to 100% in pension sector; bill likely in Monsoon Session

Govt may hike FDI limit to 100% in pension sector; bill likely in Monsoon Session

Rediff.com19 Apr 2026

The Indian government is reportedly considering increasing the foreign direct investment (FDI) limit in the pension sector to 100 per cent, bringing it in line with the insurance sector. A Bill to amend the PFRDA Act, 2013, is expected in an upcoming Parliament session.

Govt notifies rules to enable 100% FDI in insurance sector

Govt notifies rules to enable 100% FDI in insurance sector

Rediff.com1 Jan 2026

Following the notification allowing 100 per cent foreign direct investment (FDI) in the insurance sector, the Finance Ministry has revised norms to remove the requirement that a majority of directors and key management personnel in an insurance company with foreign investment be Indian residents.

Buying Gold Bars, Coins? Read This

Buying Gold Bars, Coins? Read This

Rediff.com14 May 2026

'It has always been viewed as a hedge against inflation.'

Will continue purchasing Russian oil regardless of...: India

Will continue purchasing Russian oil regardless of...: India

Rediff.com18 May 2026

India will continue to purchase Russian oil based on commercial viability and energy security needs, irrespective of US sanctions waivers, according to a senior petroleum ministry official.

How TCS Is Building The 'Infrastructure Of Intelligence'

How TCS Is Building The 'Infrastructure Of Intelligence'

Rediff.com16 May 2026

Tata Consultancy Services (TCS) is focusing on building AI infrastructure, including India's first AI-focused data centre, as AI becomes a core operating foundation for enterprises globally.

Insurance sector premium growth crossed 20% in Nov

Insurance sector premium growth crossed 20% in Nov

Rediff.com9 Dec 2025

Both the life and non-life insurance segment posted over 20 per cent premium growth in November for the first time in this financial year (FY26), supported by the reduction in goods and services tax (GST) on premiums from 18 per cent to zero and a favourable base effect.

PharmEasy's parent has a new playbook: Profit first, growth second

PharmEasy's parent has a new playbook: Profit first, growth second

Rediff.com27 May 2026

API Holdings, the parent company of online pharmacy PharmEasy, has significantly reduced its debt from 1,800 crore to 1,050 crore and refinanced it at lower interest rates under CEO Rahul Guha, shifting its focus from 'growth at any cost' to profitability and aiming for a debt-free balance sheet before a potential stock market listing.

Noida impact? BJP MLA urges Yogi govt to formulate labour welfare policy

Noida impact? BJP MLA urges Yogi govt to formulate labour welfare policy

Rediff.com1 May 2026

BJP MLA Dhirendra Singh has urged the Uttar Pradesh government to formulate a comprehensive policy covering education, healthcare, housing and social security for labourers.

When Will Jio Credit Reach AUM Level Of Rs 1 Trillion?

When Will Jio Credit Reach AUM Level Of Rs 1 Trillion?

Rediff.com29 Apr 2026

'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'