News for 'National Insurance Company'

'India Offers Once In A Lifetime Opportunity To Create Wealth'

'India Offers Once In A Lifetime Opportunity To Create Wealth'

Rediff.com3 May 2024

'We see mid-and small-caps as a real pot of gold.' 'From a 10-15 years perspective, mid-and small-cap are likely to outperform the larger index, as they have done in the past.'

MFs Vs NPS? What Suits YOU?

MFs Vs NPS? What Suits YOU?

Rediff.com3 Jun 2024

Ramalingam Kalirajan explains the pros and cons of both investment types.

What Is A Retirement Fund?

What Is A Retirement Fund?

Rediff.com20 May 2024

A retirement fund can be helpful for all age groups, but ideally one should start investing early to beat market swings and gain from compounding.

Self-Employed? Planning Retirement?

Self-Employed? Planning Retirement?

Rediff.com27 Dec 2023

The self-employed should invest in the National Pension System, a government-backed, low-cost retirement avenue where they can choose the mix of debt and equity that is right for them.

Govt open to minor changes in Insurance Bill

Govt open to minor changes in Insurance Bill

Rediff.com5 Aug 2014

Congress insists on sending legislation to select committee, says will support it in winter session.

Despite shrinking discounts, Russian crude flow to India may continue

Despite shrinking discounts, Russian crude flow to India may continue

Rediff.com22 Mar 2024

Despite discounts on Russian crude oil - which fell to the lowest since the Ukraine war began - and the rising sanctions, import volumes from the country will remain stable for now or at least till July, said refinery officials. "There is an appetite for Russian crude, and shipments are not expected to taper off beyond this point unless something major happens. "Talks are on, and buying will continue," an official at a major refinery said.

Healthcare to metals sectors: Finding the discount sweet spot in Nifty50

Healthcare to metals sectors: Finding the discount sweet spot in Nifty50

Rediff.com13 Nov 2023

This is the case even though the benchmark index is only 5 per cent below its all-time high. The list of stocks trading at a discount primarily consists companies in the automotive, banking, oil and gas, insurance, healthcare, and metal sectors.

Is Lok Sabha Poll Impacting Markets?

Is Lok Sabha Poll Impacting Markets?

Rediff.com14 May 2024

'It is advisable to stay away from the markets for now and buy only on a dip.'

No more cashless mediclaim? Common man suffers

No more cashless mediclaim? Common man suffers

Rediff.com20 Jul 2010

One can no longer get these facilities at high-end hospitals in Delhi, National Capital Region and in Mumbai, Bengaluru and Chennai.

The RBI Way Of Firefighting

The RBI Way Of Firefighting

Rediff.com8 Apr 2024

Why is the RBI harsh on Paytm Payments Bank? Why did it give Rana Kapoor of Yes Bank Ltd such a long rope?Often, it's a long investigation process, but the RBI doesn't discuss this openly since that can threaten financial sector stability, explains Tamal Bandyopadhyay.

In a first, passengers to be compensated for any delay in Tejas Express

In a first, passengers to be compensated for any delay in Tejas Express

Rediff.com1 Oct 2019

An amount of Rs 100 will be paid in case the delay is for over an hour and Rs 250 for delay of over two hours, the IRCTC said ahead of the launch of its first train. The train is scheduled to make its first commercial run on October 5.

Adani Crisis: What RBI, SEBI Must Do

Adani Crisis: What RBI, SEBI Must Do

Rediff.com6 Mar 2023

In the context of market integrity, the IRAI and RBI should go over the minutes of the LIC and SBI board meetings when the decisions to invest in Adani equity or debt were taken, notes Jaimini Bhagwati, former World Bank treasury professional.

3 reasons why the young must buy health insurance

3 reasons why the young must buy health insurance

Rediff.com30 Sep 2016

Irrespective of your age and how good your health has been, the right time to get a health insurance is NOW, says Mukesh Kumar, Executive Director, HDFC ERGO General Insurance Company

Govt sets ambitious divestment target for April-September

Govt sets ambitious divestment target for April-September

Rediff.com27 Jun 2017

The previous highest divestment proceeds for the first half of a year was around Rs 21,000 crore in 2016-17.

Banks unions call for two-day strike against PSB privatisation

Banks unions call for two-day strike against PSB privatisation

Rediff.com9 Feb 2021

The United Forum of Bank Unions (UFBU), an umbrella body of nine unions, on Tuesday gave a call for a two-day strike from March 15 to protest against the proposed privatisation of two state-owned lenders. In the Union Budget presented last week, Finance Minister Nirmala Sitharaman announced the privatisation of two Public Sector Banks (PSBs) as part of its disinvestment plan. The government has already privatised IDBI Bank by selling its majority stake in the lender to LIC in 2019 and merged 14 public sector banks in the last four years.

WhatsApp to help users buy 'affordable' health insurance

WhatsApp to help users buy 'affordable' health insurance

Rediff.com16 Dec 2020

WhatsApp on Wednesday said it expects to facilitate the purchase of "affordable sachet-sized" health insurance through its platform by the end of the year as part of its efforts to provide users in India with greater access to financial solutions. The Facebook-owned company noted that its 'Payments' feature is now available to users across the country (currently up to 20 million users) with support from banking partners - State Bank of India, HDFC, ICICI and Axis Bank.

Houthi attacks on Russian oil tankers complicate things for Indian refiners

Houthi attacks on Russian oil tankers complicate things for Indian refiners

Rediff.com19 Feb 2024

The unexpected missile attack on a second India-bound ship carrying Russian crude, just three weeks after the first, has complicated matters for domestic refiners. India now counts the Vladimir Putin-led nation as its biggest oil supplier, according to Paris-based market intelligence agency Kpler, and these attacks come on top of US sanctions since December, where vessels that bring crude to India are facing heightened scrutiny. Panama-registered Pollux, which loaded crude at the Sheshkaris oil terminal in the Russian port of Novorossiysk on January 24, was scheduled to deliver the medium, sour Urals grade to Paradip port on February 28.

These 24 companies are India's best employers

These 24 companies are India's best employers

Rediff.com5 Apr 2016

This recognition is a testimony of India's strong belief in promoting entrepreneurship

Lifestyle disease no reason to deny insurance claim, rules consumer panel

Lifestyle disease no reason to deny insurance claim, rules consumer panel

Rediff.com12 Oct 2018

The National Consumer Disputes Redressal Commission, while setting aside the Punjab state commission's order, asked the Chandigarh branch of the Life Insurance Corporation India to pay the sum along with compensation Rs 25,000 and litigation cost Rs 5,000 within 45 days to Punjab-resident Neelam Chopra.

National Pension System: HR interest far from retiring

National Pension System: HR interest far from retiring

Rediff.com14 Oct 2013

Most insurers aren't comfortable with subscribing to the National Pension System as they see it as competition.

IPO Is Right Time For LIC To Take Hard Decisions

IPO Is Right Time For LIC To Take Hard Decisions

Rediff.com2 Mar 2022

LIC identifies the problems well, but what the markets will watch is how nimble it is with the solutions.

Bankers pitch for a National Asset Management Co

Bankers pitch for a National Asset Management Co

Rediff.com10 Jun 2014

It will take over large non-performing assets of banks and help in revive companies ridden with bad debts.

LIC agents to steer awareness campaign for retail investors ahead of IPO

LIC agents to steer awareness campaign for retail investors ahead of IPO

Rediff.com30 Sep 2021

After 'mutual funds sahi hai', it could be the turn of something like 'stock market sahi hai'. Ahead of what will be India's biggest initial public offering, expected later this year, the government and the insurance major are planning a high-decibel awareness campaign for retail investors to ensure their participation in large numbers. "It may be along the lines of the highly successful campaign on mutual funds," an official privy to the developments said. The campaign will mainly target investors in tier II and tier III cities, and will be organised through the vast network of LIC agents to make the policyholders aware about investing in stock markets.

Major PSU banks to go live on account aggregator system by July-end

Major PSU banks to go live on account aggregator system by July-end

Rediff.com21 Jul 2022

After the finance minister directed public sector banks to join the account aggregator (AA) ecosystem, 5-6 major ones, including State Bank of India (SBI) and Bank of Baroda are expected to go live by July-end. Sahmati, an industry alliance for the AA ecosystem, has been working with PSU banks to get them onboarded for quite some time now. So far, Union Bank of India and Punjab National Bank (PNB) have gone live on the AA ecosystem. While Union Bank has been live for a while, PNB went live earlier this month.

Why Air Indias' privatisation sailed & BPCL's is dragging on

Why Air Indias' privatisation sailed & BPCL's is dragging on

Rediff.com19 Dec 2021

Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL). Nearly two decades after the last privatisation, a landmark divestment concluded this year when the loss-making national carrier Air India was sold to the Tatas.

China providing technology, equipment to Russia: US intel

China providing technology, equipment to Russia: US intel

Rediff.com28 Jul 2023

China is also providing supertankers and insurance coverage to move Russian Urals crude to PRC ports, as Moscow seeks vessels for exports after a G-7 oil price cap restricted the use of Western cargo services and insurance.

Russians Devise Ways To Outwit US, Help India

Russians Devise Ways To Outwit US, Help India

Rediff.com1 Mar 2024

Russian oil supplies to India will continue to flow unhindered and suppliers will come up with ways to sidestep secondary sanctions, a Russian official told Business Standard.

As Budget session convenes, Oppn seeks debate on Adani row, govt to go by rules

As Budget session convenes, Oppn seeks debate on Adani row, govt to go by rules

Rediff.com30 Jan 2023

The session will commence with the maiden address of President Droupadi Murmu to the joint sitting of both Houses of Parliament. The address essentially highlights the government's achievements and policy priorities.

CCTV shows Oppn RS MPs jostling with marshals

CCTV shows Oppn RS MPs jostling with marshals

Rediff.com12 Aug 2021

In the video footage, marshals can be seen forming a human shield to block Opposition MPs from going towards the Chairman's podium.

Fundraising activity in debt market gathers speed ahead of festival season

Fundraising activity in debt market gathers speed ahead of festival season

Rediff.com2 Aug 2023

Fundraising activity in the debt market is gaining momentum ahead of the festival season. Several non-banking financial companies (NBFCs) and the National Bank for Agriculture and Rural Development (Nabard) are planning to raise at least Rs 5,560 crore in the next two days by issuing bonds, with a greenshoe size of Rs 6,370 crore. Ajay Malglunia, managing director and head of investment grade group at JM Financial, said, "The market likes certainty, the market will gain clarity after the US Federal Reserve's (Fed's) policy.

Hurrah For These Women Achievers!

Hurrah For These Women Achievers!

Rediff.com22 Feb 2024

More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.

'Decision to sell LIC is more political than economic'

'Decision to sell LIC is more political than economic'

Rediff.com23 Feb 2022

'How can you explain the necessity of selling an institution that has been delivering regular returns to the government, that has never asked for any capital from the government, that has invested Rs 38 lakh crores in the Indian economy and that owns 4 per cent of the market capitalisation in India?'

Nirmalaji, What Surprises Can We Expect?

Nirmalaji, What Surprises Can We Expect?

Rediff.com31 Jan 2024

The interim Budget proposals that will be presented on February 1 in the backdrop of the general elections scheduled in April/May 2024 are likely to have a hint of populism, believe analysts, but are unlikely to derail the government from its path of fiscal prudence.

2 Dabur cos get relief in multiple lawsuits in US court

2 Dabur cos get relief in multiple lawsuits in US court

Rediff.com15 Nov 2023

In a relief to FMCG major Dabur, two of its foreign subsidiaries, Dabur International and Dermoviva Skin Essentials, have been removed as a defendant in multiple lawsuits filed in a US court over allegations that their hair-relaxer products caused ovarian cancer, uterine cancer and other related health issues. However, lawsuits filed against its third international subsidiary Namaste Laboratories LLC, would continue before the US District Court for the Northern District of Illinois, according to a statement from Dabur on Wednesday. Dabur International and Dermoviva were removed and got relief in the multiple suits due to lack of jurisdiction as they have not either manufactured, marketed, distributed or sold hair relaxer products in the US, it added.

How a tortoise made due diligence process NPA-free

How a tortoise made due diligence process NPA-free

Rediff.com28 Dec 2022

Only NIIF has stayed the course as a viable infrastructure financing institution.

Demand for workspaces eases on global downturn; shift to office holds hope

Demand for workspaces eases on global downturn; shift to office holds hope

Rediff.com23 Nov 2023

The net leasing of Grade-A commercial office space in India will stagnate this financial year at 32-34 million square feet, with global uncertainties brewing caution among key tenant categories, according to the latest Crisil Ratings report. Major seven cities in India - Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai Metropolitan Region (MMR), National Capital Region (NCR) and Pune - had Grade-A office space with an operational stock of around 705 million square feet as of March 2023. India's commercial office space is dominated by technology companies, with information technology (IT) and IT-enabled services (ITeS) companies occupying 42-45 per cent of the operational stock.

'US Can't Take Indians As Guinea Pigs'

'US Can't Take Indians As Guinea Pigs'

Rediff.com20 May 2024

'Why should we disclose classified information to satisfy those who doubt our Hydrogen Bomb capability?'

'Government is selling people's trust in LIC'

'Government is selling people's trust in LIC'

Rediff.com17 Feb 2022

'The entire value of LIC is created by its shareholders because after the initial invest net of Rs 5 crores in 1956, the government has not given any additional capital to the LIC.' 'If the corporation has expanded and emerged as the biggest financial institution in the country, it is only because of the policyholders.'

Blackstone sells entire 23.5% stake in Embassy REIT for Rs 7,100 crore

Blackstone sells entire 23.5% stake in Embassy REIT for Rs 7,100 crore

Rediff.com20 Dec 2023

Global investment firm Blackstone on Wednesday sold its entire 23.5 per cent stake in Embassy Office Parks REIT for around Rs 7,100 crore, according to sources. Embassy Office Parks REIT is India's first Real Estate Investment Trust (REIT) sponsored by Blackstone and Bengaluru-based realty firm Embassy group. Blackstone sold its stake in the entity at around Rs 316 per share through open market transactions and at this price, the deal is valued at about Rs 7,100 crore, the sources said.