The government has made its flagship crop insurance schemes voluntary for farmers with existing crop loans or those willing to take new ones, as it seeks to address the concerns raised by farmers' body and states in implementation of these programmes. "The Union Cabinet has approved the revamping of 'Pradhan Mantri Fasal Bima Yojana (PMFBY)' and 'Restructured Weather Based Crop Insurance Scheme (RWBCIS)' to address the existing challenges in implementation of crop insurance schemes," an official statement said.
'The major worry for everyone using Internet-linked devices today is whether the latest download on his smartphone or laptop is a bait from a digital hacker who is out to secure access to his hard-earned money,' notes T A Ramalingam, chief technical officer, Bajaj Allianz General Insurance.
The 'Invest Odisha' mobile app is currently available on the Android platform.
Under Sebi guidelines, AIFs can operate broadly in three categories.
A senior official of the premier Central technical institute told reporters that the students had "violated" defined guidelines of IIT-Madras.
Its statement also said Facebook does not use WhatsApp payments information for commercial purposes.
The board of directors of NBFCs have been advised to formulate policies and procedures to operationalise and ensure the observance of these guidelines, which come into immediate effect, in respect of all new customers, the bank said.
Experts suggest that it's best to go for the bundled product that has only one-year own damage cover.
KYC done while opening a bank account can be used to open a mutual fund account.
The final guidelines should be there in 3-4 months.
New guidelines and procedures have been laid down for import of metallic scrap and waste in the wake of the recent loss of life and property in explosions caused by live shells in imported scrap, the Rajya Sabha was informed on Monday.
The Lieutenant Governor's statement comes days after the Congress MLAs sought Centre's intervention complaining Bedi's style of functioning.
Life insurance companies would not be allowed to sell Ulips with annual premiums exceeding Rs 50,000 for non-single premium policies and Rs 1,00,000 for single premium polices via telemarketing.
RBI said inflation in the second half of the current fiscal is projected at 2.7-3.2%. It retained its GDP forecast for the current fiscal at 7.4%
Gizmodo reported on Monday that a former Facebook employee claimed workers "routinely suppressed news stories of interest to conservative readers," while "artificially" adding other stories to the trending list
'67 per cent of our transactions happen digitally and about 93 per cent of transactions happen outside the branch.' 'Despite that, there is ample scope for promoting banking-related activities in branches.' 'So, for some time, we will have to, probably, live with the same structure.'
Rs 200-cr burden likely for TV rating agencies.
Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.
The government will soon come up with detailed guidelines for private banks including hike in the foreign holding from 49 to 74 per cent and allowing foreign banks to set up subsidiaries in the country.
Here's why ULIPs have become an attractive long-term investment option
Complaints to NCM fall down sharply...4,000 Indian women deserted by NRI husbands since 2016...79 districts in India still don't have blood banks...
Large urban co-operative banks may come to be solely under the provisions of the Banking Regulation Act, even as the smaller among them are to remain within the exclusive fold of the Registrar of Co-operative Societies. The upcoming changes will bring the curtains down on the vexed issue of dual control of UCBs, which has been in vogue for 54 years. The new framework will affect 1,551 UCBs in the country, which had a total business of Rs 7.36 trillion.
Should you invest or not in these avenues in 2011? Find out...
RBI and Sebi are close to reaching an agreement for providing waiver of existing norms to banks.
Take charge and use these laws wisely.
'It is a droplet infection and the virus is not airborne.; 'As it cannot stay in the air, the infection will pass from one person to another.' 'It also means, it is easy to prevent.'
RBI's draft guidelines on computation of base rate, if implemented in its current form, will significantly impact the profitability of banks.
'It is unclear whether clothing or home items qualify as essential items. A lot of professionals are working from home, and they need electronics for their productivity. Does this qualify as essential?'
DoT further clarified that since 2003 as many as 51 new licences were issued prior to January 2008 under the same guidelines on first come first served basis.
Insurance Regulatory and Development Authority also favoured portability in the health insurance space, a move that will pave the way for the consumers to switch from one insurer to the other for their mediclaim policies.
Indian firms, which experts say stand to gain from the European Union's upcoming General Data Protection Regulation (GDPR), are struggling to understand the policies.
The EPFO, which has 50 million subscribers, provides annual interest of 8.75 per cent on provident fund deposits.
The central bank had in July last year imposed curbs such as doubling of margin requirement and a ceiling on position limits on exchange-traded currency derivatives.
Kunnal Prem, chief executive officer of the Insurance Information Bureau of India, tells Mayank Jain on what they're doing.
55% of respondents still unsure if their employer has a specific anti-graft policy.
'There are so many issues that the CVC is examining both with reference to the PNB and RBI,' K V Chowdary said.
Defence forces, who were last month excluded from the list of agencies eligible to procure jammers, have now been included, in addition to central armed police forces like Central Reserve Police Force, Central Industrial Security Force and Indo Tibetan Border Police.
The bank, however, maintained that the incremental benefit from the MCLR based lending rates introduced in April 2016 as an alternative to the earlier system of base rate, was positive.
