J Hari Narayan, chairman, Irda, said, "We will address the issue of policy exclusions, claim settlement period and the definition of critical illness. All these norms will form a part of the health insurance guidelines."
'The procurement cycle still consumes too much time; little has changed.'
The Delhi high court on Wednesday expressed concern over a large gathering of Afghan nationals protesting outside the UNHCR office and seeking refugee status, saying it could act as a super spreader of coronavirus as there is lack of adherence to Covid-19 appropriate norms.
In order to promote the housing sector, Reserve Bank of India on Friday decided to rationalise risk weightage on housing loans, making the product attractive for both borrowers and lenders. With revision in the risk weightage, the requirement of capital provision for banks will come down. This will encourage banks to push housing loan products with attractive features.
Health insurance policy holders, feeling let down due to poor services, will have the choice to switch over to another company with the same conditions under the insurers portability option to be formulated by regulator Irda next month.
The official also said the government's official app helped generate information about 697 potential hotspots in the country.
The airline informed the ministry that it would operate 75 planes by April-end.
'The Swedish government would consider who will live, who will not die, in rationing coronavirus healthcare!' 'This means the 'biological age' would supersede the patient's chronological age as a potential guideline,' notes Ambassador M K Bhadrakumar
The US will lift all restrictions for fully vaccinated international travellers, including from India, from November 8 but they will have to show proof of a negative coronavirus test before boarding a flight to the country, the White House has announced.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The company has pointed at the possibility of fines and financial penalties.
After the Delhi high court's ruling, blanket exclusion of genetic disorders from coverage is likely to become a thing of the past.
The bench said denying permanent commission to women officers who have served the nation would result in serious miscarriage of justice.
Agriculture, social services, education, defence and so on will be brought into the digital fold and every gram panchayat will be connected to the internet.
#GiveItUp but no matching LPG connections for BPL
As per the Cabinet, the decision was taken on a representation received from Rohith's brother seeking support for himself and his family by way of employment.
'I would recommend two parts to fiscal support. One, support the lower end of the society by direct intervention through ways such as direct benefit cash transfer. Second, give fiscal support to the stressed sectors in line with the Rs 3-lakh crore (Rs 3 trillion) emergency credit line guarantee norms'
Bharath Arun, who has overseen the golden era of Indian fast bowling, believes that a lot of exciting fast bowlers are coming through the ranks and coaches, along with selectors, should be identifying the next batch in earnest.
Pakistan head coach and outgoing chief selector Misbah-ul-Haq has tried to justify the axing of senior players Asad Shafiq, Muhammad Aamir and Shoaib Malik for the tour of New Zealand.
WhatsApp's ambitious payment services' blueprint in India has been caught in a bind over concerns around authentication and its data storage practices.
The devastation caused by the current deluge has damaged hundreds and thousands of homes and vehicles.
The Centre has finalised sweeping changes to the country's foreign direct investment (FDI) policy to account for increasing concerns voiced by security agencies.
The Union Ministry of Environment and Forests has mooted corporate funding of zoos and recruitment of volunteers to give a fillip to Indian zoos, on the lines of the foreign zoos, to make them a great attraction for tourists.
The significant changes include devolution of powers within the ministry and the service headquarters and concurrent running of the acquisition process.
Lending rates have to be sensitive to the policy rate, says RBI.
In what would make unit-linked insurance plans (Ulips) more investor friendly, the Insurance Regulatory and Development Authority (Irda) on Tuesday proposed to cap surrender charges and standardise the revival period for polices that had lapsed.
71 districts reported Covid case positivity rate of more than 10 per cent in the week from June 23 to 29, the government said, adding that the second wave of COVID-19 is not over.
The Reserve Bank on Tuesday said it would come out with norms on salaries of CEOs of private and foreign banks by June end, in a move reminscent of the US seeking to control pay of Wall Street executives.
A large number of large and small businesses process EU data, have customers from the EU or have access to data of EU citizens in one way or another.
'People had said it will explode and everyone will die. Nothing of that sort has happened.' 'Our government has done a splendid job so far.'
'Remember, if an app breaks the rules while giving you money, it will also break them while collecting.'
Since last September, when the Irda capped distribution costs of Ulips, the number of policies with riders being sold had risen from 5% of the total to 20%.
'Why should my vaccine certificate, which I got paying my own money, have the picture of the prime minister?'
The announcement comes as a big relief to international students, including those from India.
At the same time, Indian companies with a majority foreign shareholding could find it difficult to make 'downstream' investments since the new guidelines do not distinguish between different forms of capital and treats them as FDI. So, a company with high non-FDI foreign capital was considered an Indian entity. Now, they will be considered foreign-owned and their downstream investments will have to follow sectoral restrictions.
The Trump administration announced those F-1 and M-1 (non-academic and vocational students) visa holders planning to take online classes only will not be allowed to remain in the United State.
Since December 2018, monetary policy has been eased substantially by RBI with policy rates being cut by 75 bps and policy outlook being changed to 'accommodative'.
The RBI may grant licences for setting up small finance and payment banks by April 2015.
'The Bharat Ratna should have been given a long time ago. Not just to irk the Chinese, but to recognise His Holiness for what he is and how we have benefited immensely from his presence in India.' 'I don't think there's been a better ambassador for India's philosophical and cultural past than the Dalai Lama.'
