News for 'Insurance'

Cognizant Q1 net income rises 21.4%

Cognizant Q1 net income rises 21.4%

Rediff.com2 May 2025

Information-technology (IT) services major Cognizant has kept its full-year guidance on revenue growth unchanged at 3.5-6 per cent in constant currency even as the industry is becoming cautious about macro conditions because of tariff wars.

'Should I Sell MFs For Son's BTech?'

'Should I Sell MFs For Son's BTech?'

Rediff.com30 Jan 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

Terrorists asked Christian LIC manager 'to recite Kalma'

Terrorists asked Christian LIC manager 'to recite Kalma'

Rediff.com23 Apr 2025

Sushil Nathaniel, an LIC manager from Indore, was shot dead by terrorists in Pahalgam, Kashmir, after being forced to recite the 'Kalma'. His family has demanded the harshest punishment for the assailants. Nathaniel, who was on a family trip to celebrate Easter, was among 26 people killed in the attack. His daughter was injured in the attack, while his wife and son survived.

'Ab Bharat ka pani Bharat ke haq mein bahega': Modi on Indus treaty

'Ab Bharat ka pani Bharat ke haq mein bahega': Modi on Indus treaty

Rediff.com7 May 2025

Prime Minister Narendra Modi asserted on Tuesday that India's water will no longer flow outside the country but will be utilized in the nation's interest, a statement seemingly directed at Pakistan following his government's decision to put the Indus Waters Treaty in abeyance after the Pahalgam terror attack. Addressing the ABP Network's 'India@2047' Summit, Modi emphasized his government's focus on interlinking rivers, noting that water used to be a source of conflict among states, before alluding to India's stance against Pakistan while discussing water. He highlighted the finalization of the India-UK free trade agreement as a historic milestone and underscored the importance of prioritizing national interest for achieving objectives and realizing the country's potential. Modi highlighted the country's growth and development under his government's rule, emphasizing its focus on welfare schemes and digitalization. He reiterated his government's commitment to 'Nation First' and pointed to the recent reforms undertaken, including the new Waqf law and the ban on triple talaq, which he said were aimed at benefiting the marginalized sections of society.

For Now DIIs In Driver's Seat...

For Now DIIs In Driver's Seat...

Rediff.com16 May 2025

The interplay between domestic and foreign capital will shape India's equity markets.

LIC's VNB margin growth higher than private life insurers in Q3 FY24

LIC's VNB margin growth higher than private life insurers in Q3 FY24

Rediff.com12 Feb 2024

State-backed Life Insurance Corporation of India (LIC) recorded strong growth in the value of new business (VNB) margin in the third quarter of financial year 2023-24 (Q3FY24) while major listed private life insurers reported a weak performance. VNB refers to the profit that an insurer is likely to garner from new business, which comes from policies sold in a particular period. VNB margin is the profit margin of the insurer.

Early-bird Q4 results reflect earning hiccups

Early-bird Q4 results reflect earning hiccups

Rediff.com5 May 2025

Early-bird results for the January-March 2025 quarter (Q4FY25) suggest a slowdown in earning growth for India Inc, despite a benign cost environment that has led to an improvement in margins. The combined net profit (adjusted for exceptional gains and losses) of 175 early-reporting companies rose by 3.8 per cent year-on-year (Y-o-Y) in Q4FY25, marking the slowest growth in 17 quarters.

'We want to grow better than industry, mindful of biz quality'

'We want to grow better than industry, mindful of biz quality'

Rediff.com3 Jan 2025

'Health and motor insurance will continue to be our two most important segments'

Tick Insurance Option On IRCTC Portal

Tick Insurance Option On IRCTC Portal

Rediff.com29 Jun 2023

Only a small percentage of passengers who traveled on the trains involved in the June 2, 2023 accident in Odisha had availed of travel accident insurance while booking their tickets online on the IRCTC portal.

India's services sector growth moderates in March

India's services sector growth moderates in March

Rediff.com4 Apr 2025

India's services sector activity eased slightly in March, weighed down by a marginal slowdown in sales amid softer demand conditions and easing inflationary pressures, a monthly survey said on Friday. The seasonally adjusted HSBC India Services PMI Business Activity Index fell from February's reading of 59.0 to 58.5 in March, but remained above its long-run average of 54.2.

'Terrorists wiped out our sindoor; but our armed forces...'

'Terrorists wiped out our sindoor; but our armed forces...'

Rediff.com7 May 2025

Arathy, daughter of N Ramachandran who was killed in a terror attack in Kashmir's Pahalgam, welcomed the Indian Army's "Operation Sindoor" and said it was a reply from the women of India. She said the loss cannot be compensated, but the operation is a kind of relief from the government and the army. Arathy's father was killed by terrorists in front of her while holidaying in Kashmir's Pahalgam on April 22.

Bad air quality may breathe fresh life into health insurance business

Bad air quality may breathe fresh life into health insurance business

Rediff.com14 Nov 2023

General insurance companies are likely to see a surge in demand for health insurance in the coming months due to falling air quality in the country. The health insurance segment has registered a strong growth after the pandemic due to higher awareness. In the first half of financial year 2023-24, the segment grew by 24.4 per cent to Rs 54,713.52 crore from Rs 43,981.54 crore in H1FY23, driving growth of the non-life insurance industry.

'Should end fourth quarter on a robust note'

'Should end fourth quarter on a robust note'

Rediff.com2 Feb 2025

'We have opened 100 branches in the last one and a half years. Our manpower is also in place.'

RBI Forex Intervention Hits Highest In 17 Years

RBI Forex Intervention Hits Highest In 17 Years

Rediff.com23 May 2025

In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.

High-value insurance policies in the slow lane after tax overhaul

High-value insurance policies in the slow lane after tax overhaul

Rediff.com28 Nov 2023

High-value insurance policies experienced muted growth in the first six months of the current financial year after the Centre decided to tax such products in this year's Budget. Simultaneously, there has been a marked improvement in the growth of policies with premiums of 'less than Rs 5 lakh', mainly originating from smaller cities. During this year's Budget, Finance Minister Nirmala Sitharaman proposed that insurance policies (excluding unit linked insurance plans or ULIPs) with an aggregate premium exceeding Rs 5 lakh, and the maturity amount, would not be exempt from tax.

GST Authority Summon Insurance Intermediaries

GST Authority Summon Insurance Intermediaries

Rediff.com2 Mar 2023

At least 120 insurance intermediaries and aggregators from across the country are under scrutiny, mainly from Mumbai, Gurugram and Bengaluru.

Coop Bank Faces RBI Curbs, Depositors Panic

Coop Bank Faces RBI Curbs, Depositors Panic

Rediff.com14 Feb 2025

'We deposited money just yesterday, but they did not say anything...'

'It's a tough job to sell life insurance to people'

'It's a tough job to sell life insurance to people'

Rediff.com2 Dec 2023

'We are expected to grow at above 28 per cent this year, higher than the industry.'

'A Great Retirement Product For Every Indian Is...'

'A Great Retirement Product For Every Indian Is...'

Rediff.com4 Apr 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Rediff.com28 Mar 2025

Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according to a source who participated in a meeting, chaired by the Department of Financial Services Secretary M Nagaraju, in New Delhi. At present, they can accept deposits of up to Rs 2 lakh.

Reliance General Insurance gets Rs 922 crore GST notices from DGGI

Reliance General Insurance gets Rs 922 crore GST notices from DGGI

Rediff.com9 Oct 2023

Reliance General Insurance Company (RGIC), a subsidiary of Reliance Capital, finds itself in a bind as the Directorate General of GST Intelligence (DGGI) has issued multiple Show Cause Notices (SCNs) amounting to Rs 922.6 crore. This development comes at a time when Reliance Capital is currently undergoing a debt resolution under the National Company Law Tribunal (NCLT) process in which the Hinduja group has emerged the winner. The Hinduja acquisition is currently awaiting the Supreme Court's approval after the Torrent group, the winner of the first round, challenged the second auction conducted by the lenders of Reliance Capital.

FD Rate Cuts: Balance Returns With Safety

FD Rate Cuts: Balance Returns With Safety

Rediff.com16 Apr 2025

'Choose an FD tenure that provides a balance between returns and the horizon for which you can invest.'

VC, PE funds bet big on traditional sectors

VC, PE funds bet big on traditional sectors

Rediff.com27 Mar 2025

Venture capital (VC) and private equity (PE) funds had, in 2024, taken bets on traditional businesses rather than tech-first domains like consumer tech, software as a service (SaaS) and software. According to data from Bain & Co, Pitchbook, Venture Intelligence, VCC Edge and AVCJ, prominent VC funds like PeakXV saw their share in this traditional space go up sharply from 14 per cent in 2023 to 23 per cent in 2024.

Should You Go For Health Super Topup?

Should You Go For Health Super Topup?

Rediff.com22 Nov 2024

Ensure the sum insured for the super topup is enough to cover even worst-case scenarios.

'Can I get term insurance benefits from 2 insurers?'

'Can I get term insurance benefits from 2 insurers?'

Rediff.com8 Sep 2022

Sanjib Jha, CEO, Coverfox Insurance Broking answers your health insurance related queries.

Women Drive Used-Car Boom

Women Drive Used-Car Boom

Rediff.com9 Apr 2025

77 per cent of all transactions in the January-March 2025 period took place digitally, indicating continued preference for online car purchases.

12% safeguard duty imposed on certain steel products

12% safeguard duty imposed on certain steel products

Rediff.com22 Apr 2025

India on Monday imposed a 12 per cent provisional safeguard duty for 200 days on five steel product categories, including hot rolled coils, sheets and plates, to protect domestic players from surge in imports. The decision follows a recommendation for the same by the Commerce Ministry's investigation arm DGTR. Last month, the DGTR suggested to impose the duty.

Crypto: Assess Risks Before Investing

Crypto: Assess Risks Before Investing

Rediff.com19 Mar 2025

Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.

After Delhi's sign-in, Bengal only state to hold out on Ayushman Bharat

After Delhi's sign-in, Bengal only state to hold out on Ayushman Bharat

Rediff.com28 Feb 2025

According to a parliamentary response by the Union health ministry in 2023, around 654,000 families in Delhi are eligible to enrol under the scheme.

'Capital is flowing back to the US'

'Capital is flowing back to the US'

Rediff.com27 Feb 2025

'Even if India is attractive, FPIs currently lack the funds to invest, as money is being redirected to the US.'

Trump Tariffs: Time To Rejig Portolio

Trump Tariffs: Time To Rejig Portolio

Rediff.com4 Apr 2025

Investors should tilt their portfolios towards domestic-facing defensive sectors, which should help provide stability and shield them from geopolitical and tariff risks.

Key decisions taken at the 55th GST Council meet

Key decisions taken at the 55th GST Council meet

Rediff.com21 Dec 2024

The GST Council on Saturday postponed a decision on cutting tax rate on life and health insurance premiums, officials said. The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, decided that some more technicalities needed to be ironed out and tasked the GoM for further deliberations.

BJP announces more freebies in Delhi manifesto part 2

BJP announces more freebies in Delhi manifesto part 2

Rediff.com21 Jan 2025

Kejriwal described the BJP's election manifesto as "dangerous for the country".

Budget 2025: More Jobs Via Thriving Farms and MSME Growth

Budget 2025: More Jobs Via Thriving Farms and MSME Growth

Rediff.com4 Feb 2025

The most striking features of this Budget was its focus on simplification and improving the ease of doing business in India, asserts Kaku Nakhate.

Be Prepared! Heat Waves Coming!

Be Prepared! Heat Waves Coming!

Rediff.com1 Apr 2025

'The intensity and frequency of heatwaves will be much higher than in previous years over Punjab, Haryana, Rajasthan, Gujarat, Madhya Pradesh and Odisha.'

What's A Specialised Cardiac Plan?

What's A Specialised Cardiac Plan?

Rediff.com16 Nov 2024

Cardiac care plans are ideal for individuals with pre-existing heart conditions or a family history of heart issues. Those who can't get coverage under a comprehensive plan should opt for these plans.

Reits climb the office ladder even as valuations keep rungs in place

Reits climb the office ladder even as valuations keep rungs in place

Rediff.com31 Mar 2025

Even as concerns grow over the residential real estate market reaching its peak, the outlook for office real estate remains strong, with listed real estate investment trusts (Reits) standing to benefit from sustained demand in the segment.

Cop who danced on Tej Pratap's order during Holi celebrations, shifted

Cop who danced on Tej Pratap's order during Holi celebrations, shifted

Rediff.com16 Mar 2025

Tej Pratap Yadav, an RJD leader and former Bihar minister, has been criticized for ordering his security guard to dance during Holi celebrations. The constable was sent to the police lines after he danced in uniform during the festivities at Yadav's residence. The incident has sparked controversy, with many criticizing Yadav's behavior. The incident also highlights the blurring of lines between personal and official duties in India, where politicians often use their positions to exert influence over subordinates.

ASK REDIFFGURU: Why No Insurance For Dental Care?

ASK REDIFFGURU: Why No Insurance For Dental Care?

Rediff.com26 May 2023

There are certain plans that you can opt for that also cover dental treatments, says rediffGURU Sanjib Jha.

Planning To Buy Insurance Policy?

Planning To Buy Insurance Policy?

Rediff.com3 Mar 2023

Buy from an established agent rather than a novice who may not be around when you need his assistance.