News for 'National Insurance'

How GST will impact your insurance premium

How GST will impact your insurance premium

Rediff.com29 Jun 2017

It's an undeniable fact that after enactment of GST, buying insurance will become a little expensive impacting your term plans, health plans and motor insurance plans the most. But you should not ignore the importance of insuring your life, health, vehicle, says Harjot Singh Narula

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.'

India Inc revenue up, but profit grows at slowest pace in 6 quarters

India Inc revenue up, but profit grows at slowest pace in 6 quarters

Rediff.com21 May 2024

India Inc reported an uptick in revenue growth in the January-March quarter (Q4) of 2023-24 (FY24), but it came at the cost of a deceleration in earnings growth.

Budget impact: FDI cap in insurance sector may be raised to 74%

Budget impact: FDI cap in insurance sector may be raised to 74%

Rediff.com9 Jul 2019

For insurance intermediaries like brokers, insurance repositories, third-party administrators, etc, 100 per cent FDI may be permitted.

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.

Govt seeks Parl nod for Rs 1.07 lakh cr additional spend

Govt seeks Parl nod for Rs 1.07 lakh cr additional spend

Rediff.com14 Mar 2022

According to the third batch of supplementary demands for grants tabled in the Lok Sabha, approval is being sought for gross additional expenditure of over Rs 1.58 lakh crore.

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

Rediff.com15 Feb 2024

Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.

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.

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.

Want to insure your car against tree falls, flood damage?

Want to insure your car against tree falls, flood damage?

Rediff.com15 Jun 2018

Buy comprehensive motor insurance policy to guard against natural calamities.

Biden stumbles in first presidential debate with Trump

Biden stumbles in first presidential debate with Trump

Rediff.com29 Jun 2024

Joe Biden, seeking a second term in the White House, stumbled in his first televised presidential debate with his predecessor Donald Trump, setting off alarm bells among top Democrats about whether the incumbent President can stay atop in the gruelling months ahead of the elections.

Banks eye insurance sector

Banks eye insurance sector

Rediff.com2 Feb 2008

This year, at least eight public sector banks are set to scrap their existing Bancassurance tie-ups with insurers. They are: Bank of India, Union Bank, Karnataka Bank, Allahabad Bank, Indian Overseas Bank, Bank of Maharashtra and Federal Bank.

Busted: 6 myths about life insurance

Busted: 6 myths about life insurance

Rediff.com14 Apr 2016

Here is what you must not think before buying life insurance, says V Viswanand, Senior Director and Chief Operations Officer, Max Life Insurance

A dummy's guide to cashless health insurance

A dummy's guide to cashless health insurance

Rediff.com8 Dec 2016

Now that cashless is once again the national buzzword, Harjot Singh Narula explains what you must know about cashless treatment under health insurance plan

Amsterdam Is Always A Good Idea

Amsterdam Is Always A Good Idea

Rediff.com19 Jul 2024

The City of Bikes is like no other.

PB Fintech down 5% in 2 days on Bima Sugam worry; analysts say buy the dip

PB Fintech down 5% in 2 days on Bima Sugam worry; analysts say buy the dip

Rediff.com17 Aug 2023

The decline of over 5 per cent in PB Fintech's shares (the parent company of PolicyBazaar) in the past two days presents an opportunity for long-term investors to consider buying the stock, suggest analysts. By comparison, the benchmark S&P BSE Sensex has remained flat during the same period with a negligible gain of 40 points, or 0.06 per cent. Analysts believe that the recent selling is "overdone", as the company behind the online insurance portal remains committed to achieving profitability, and the potential threat from the government's online insurance portal, Bima Sugam, might be embellished.

Despite wars in Europe and West Asia, oil shock fears yet to materialise

Despite wars in Europe and West Asia, oil shock fears yet to materialise

Rediff.com7 May 2024

The oil industry experienced three upheavals between 1973 and 1991, which seem to be etched in the memory of the industry's decision makers. Naturally, at the sign of a new crisis, the decision makers like to dip into those tumultuous decades to find ways to deal with the new shock, in addition, of course, to expert reports and forecasts. So, the industry bigwigs turned the pages of history to get a peek into the future of oil price movements after Russia invaded Ukraine in 2022, Israel attacked Gaza in 2023, Iran-linked Houthi rebels pounded tankers crossing the Red Sea in support of Palestine the same year, and Iran rained missiles on Israel in 2024.

'Mediclaim rejected. Please help'

'Mediclaim rejected. Please help'

Rediff.com14 Mar 2022

Rakesh Kaul, CDO, Edelweiss General Insurance, answers your health insurance queries.

Israel-Hamas conflict: Indian exporters may face higher risk premiums, shipping costs

Israel-Hamas conflict: Indian exporters may face higher risk premiums, shipping costs

Rediff.com8 Oct 2023

Indian exporters shipping goods to Israel may face higher insurance premiums and shipping costs due to the Israel-Hamas conflict, according to experts. Israel witnessed a surprise and unprecedented multifront attack by air, land and sea by the Hamas militant group, which rules the Gaza Strip, in its southern parts on Saturday morning. The International trade experts said the conflict may reduce the profits of domestic exporters but will not impact trade volumes unless war escalates.

No catastrophe insurance cover yet

No catastrophe insurance cover yet

Rediff.com25 Jun 2013

In the wake of the natural disaster in Uttarakhand, the proposal for 'catastrophe insurance' is in spotlight.

Israel conflict unlikely to impact trade of pharma firms

Israel conflict unlikely to impact trade of pharma firms

Rediff.com12 Oct 2023

Indian pharmaceutical firms foresee minimal disruptions in trade with Israel despite escalating regional tensions. Rising crude prices and export shipping insurance premiums have raised concerns, but the pharmaceutical sector remains optimistic. Pharmaceutical exports from India to Israel in FY 2020-21 amounted to $32.5 million, which represents only a minor segment of India's overall pharma exports.

MSP, hiking 50% quota, VVPAT, no Agnipath: Congress rolls out manifesto

MSP, hiking 50% quota, VVPAT, no Agnipath: Congress rolls out manifesto

Rediff.com5 Apr 2024

Right to apprenticeship, legal guarantee for MSP, passing a constitutional amendment to raise the 50 per cent cap on reservations for SCs, STs and OBCs, a nation-wide caste census and scrapping of Agnipath scheme are among the promises made by the Congress in its Lok Sabha polls manifesto released on Friday.

'Market Assumes Modi's Easy Re-Election'

'Market Assumes Modi's Easy Re-Election'

Rediff.com29 May 2024

'We emphasise the importance of not basing investment decisions solely on electoral outcomes.' 'Instead, focusing on investing in high-quality businesses capable of prospering regardless of the political landscape is paramount.'

A guide to health insurance

A guide to health insurance

Rediff.com25 Aug 2006

Not many people are taking mediclaim insurance policy and its market penetration is less than one per cent

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.

90% of Nifty 500 stocks trade above 200-DMA; time to be selective: Analysts

90% of Nifty 500 stocks trade above 200-DMA; time to be selective: Analysts

Rediff.com14 Dec 2023

Nearly 90 per cent of the stocks comprising the National Stock Exchange Nifty 500 Index and 49 of the 50 stocks that make up the Nifty50 are trading above their respective 200-day moving averages (DMAs). The 200-DMA is considered one of the most relevant trend indicators by investors and traders. They believe that stocks and indices trading above this key level exhibit strength and are likely to rally, while those trading below this level are viewed as bearish, with the stock/index expected to see a selloff.

Insurance cover coming for online fraud

Insurance cover coming for online fraud

Rediff.com23 Oct 2013

NPCI calls bids to cover all e-payment transactions where consumer followed procedure; both state and private insurers show interest.

Why insurance firms are renegotiating rates for bank directors' indemnity

Why insurance firms are renegotiating rates for bank directors' indemnity

Rediff.com16 Apr 2018

Market leaders in this line of business - New India Assurance and Tata AIG - have begun to reassess the premium on risk exposure of their portfolio in the director's and officer's liability business.

Insurance to see rapid growth, consolidation inevitable: Panel

Insurance to see rapid growth, consolidation inevitable: Panel

Rediff.com18 Feb 2017

But, neither were the big companies interested in growing inorganically nor were the smaller ones ready to offer themselves for sale.

'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.'

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market

Rediff.com9 Feb 2024

In a bid to enhance its equity exposure and earn higher returns for its nearly 65 million subscribers, the Employees' Provident Fund Organisation (EPFO) is considering reinvesting 50 per cent of its exchange-traded funds (ETFs) redemption proceeds back into equity. Sources close to the development said a proposal regarding this was discussed in the investment committee (IC) meeting in October last year, and the recommendation has been sent to the Central Board of Trustees (CBT), the apex decision-making body of the EPFO for its approval. The next CBT meeting is scheduled to be held on Saturday.

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.

MFs step up buying as FPI flows thin out

MFs step up buying as FPI flows thin out

Rediff.com17 Aug 2023

Mutual funds (MFs) have stepped up equity purchases after staying on the fence for over two months. Their net equity investments reached a four-month high of Rs 7,700 crore in July, rising for the fourth consecutive month after withdrawing a net of Rs 5,100 crore in April 2023. This trend continued in August, with net investments of Rs 3,400 crore in the first three trading sessions, according to data from the Securities and Exchange Board of India.

Bank Liable For Employee Oversight

Bank Liable For Employee Oversight

Rediff.com5 Jan 2024

The Commission concluded that the bank officials had evidently been negligent in failing to compare the signature prior to making payment, notes Jehangir B Gai.

Modi's 'redistribution' charge against Cong gets Pitroda's booster

Modi's 'redistribution' charge against Cong gets Pitroda's booster

Rediff.com25 Apr 2024

In his poll rallies, Modi framed Pitroda's comments in his wider onslaught against the Congress, asserting that they have exposed its hidden agenda and that the party has become so removed from the country's social and family values that it wants to legally rob people of their assets and lifelong savings they want to bequeath to their children.

A family's fight to win a murdered man's insurance claim

A family's fight to win a murdered man's insurance claim

Rediff.com18 Apr 2017

LIC contested the insurance claim. Consumer activist Jehangir B Gai tells you how this claim was won.

Rajya Sabha clears long-pending Insurance Bill

Rajya Sabha clears long-pending Insurance Bill

Rediff.com12 Mar 2015

Foreign investment cap in insurance sector raised to 49 per cent.

Govt approves Ordinance to hike FDI in insurance

Govt approves Ordinance to hike FDI in insurance

Rediff.com24 Dec 2014

The new Insurance Bill may be implemented in 2015.

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.

Banks as insurance brokers: Will consumers benefit?

Banks as insurance brokers: Will consumers benefit?

Rediff.com6 Apr 2015

Choose insurance from stable companies that have been in the business for a long time