News for 'United India Insurance'

NITI Aayog recommends privatising United India Insurance

NITI Aayog recommends privatising United India Insurance

Rediff.com7 Jul 2021

The NITI Aayog has recommended privatisation of state-owned insurer United India Insurance Company as the government aims to move ahead with its new public sector enterprise (PSE) policy for Atmanirbhar Bharat. The policy think tank has suggested that the public sector insurer be considered for privatisation in the banking, insurance and financial services sector, which has been classified as 'strategic' in the PSE policy, said an official. The policy proposes the "bare minimum" presence of government-owned companies in strategic sectors, and privatisation, merger or closure of remaining public sector undertakings (PSUs).

Pent-up demand boosted retail health insurance segment in October

Pent-up demand boosted retail health insurance segment in October

Rediff.com19 Nov 2025

Even as non-life insurers reported muted premium growth in October, standalone health insurers saw a robust 38 per cent year-on-year (Y-o-Y) surge. This growth was driven by pent-up demand in the retail health insurance segment.

Strikes Shake India's Gig Economy

Strikes Shake India's Gig Economy

Rediff.com7 days ago

Two of the three strikes are related to the gig economy, a centrepiece of the new labour Codes.

'LIC sets sights on sustained 60% plus market share'

'LIC sets sights on sustained 60% plus market share'

Rediff.com2 days ago

'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.

Trade union strike sees mixed response; normal life unaffected

Trade union strike sees mixed response; normal life unaffected

Rediff.com12 Feb 2026

A nationwide strike called by central trade unions saw a mixed response across India, impacting various sectors and states differently, with some areas experiencing disruptions while others remained largely unaffected.

With firefighting behind them, insurers can now shift gears and focus on growth

With firefighting behind them, insurers can now shift gears and focus on growth

Rediff.com3 Dec 2025

Recent years have been turbulent for the insurance industry due to direct and indirect tax reforms, regulatory overhaul and other external pressures. The events cumulatively slowed growth rate to single digits from the high teens seen earlier.

Healthcare Funds: Caution Advised

Healthcare Funds: Caution Advised

Rediff.com12 Feb 2026

Most first-time investors may be better served by diversified options such as flexicap or multi-cap funds, which already hold pharma and healthcare stocks.

United India Insurance plans to enter W Asia, SAARC

United India Insurance plans to enter W Asia, SAARC

Rediff.com11 Dec 2012

United India Insurance Company plans to enter the West Asia and South Asian Association for Regional Cooperation countries to tap the potential in these regions due to a presence of a large India diaspora.

Japan's High-Stakes Gamble In the Indo-Pacific

Japan's High-Stakes Gamble In the Indo-Pacific

Rediff.com10 Feb 2026

In the Indo-Pacific's new era -- where perception shapes reality faster than treaties -- the real entrapment is not of China or the United States. It is the test Japan has set for itself -- and whether partners like India, acting as balancers rather than accelerants, can help ensure that the story ends in stability, points out Varun Arya.

'India Has More Job Opportunities Than Skilled People'

'India Has More Job Opportunities Than Skilled People'

Rediff.com23 Jan 2026

'Given that the population is almost evenly split, the Indian economy cannot grow without women participating in the workforce.' 'While women's participation has increased, it is still well below 40 per cent,' says Kartik Narayan, CEO of the professional networking and jobs platform, Apna.

RBI looks to ban sales incentive to bank staffers from third party

RBI looks to ban sales incentive to bank staffers from third party

Rediff.com12 Feb 2026

In a move aimed at curbing the mis-selling of financial products, the Reserve Bank of India (RBI) has proposed banning incentives paid to bank staffers by third parties such as insurance companies and mutual fund houses for selling their products and services. It has also proposed that banks must ensure their user interfaces do not deploy "dark patterns" to lure customers.

Should You Invest In Silver Now?

Should You Invest In Silver Now?

Rediff.com16 Feb 2026

Is the parabolic rise in silver running out of steam or just getting started? Ramalingam Kalirajan offers his take on if you should invest in silver now?

Bharti Enterprises, Warburg Pincus to acquire 49% stake in Haier India

Bharti Enterprises, Warburg Pincus to acquire 49% stake in Haier India

Rediff.com25 Dec 2025

Sunil Bharti Mittal-led conglomerate Bharti Enterprises and private equity firm Warburg Pincus will collectively acquire a 49 per cent stake in Haier Appliances India, the local unit of China's Shandong-based Haier group, for an undisclosed amount. The transaction, according to industry sources, values the company at about 15,000 crore.

What Insurance Should You Buy?

What Insurance Should You Buy?

Rediff.com1 Sep 2025

Young investors with a higher risk appetite are better off with a combination of term insurance and equity funds.

HCLTech counts on M&As to add 1.5% to revenue

HCLTech counts on M&As to add 1.5% to revenue

Rediff.com14 Jan 2026

HCLTech expects its recent large acquisitions to contribute about 1.5 per cent to revenue in 2026-27 (FY27), Chief Executive Officer and Managing Director C Vijayakumar said, as the company looks to build newer revenue streams in a subdued macroeconomic environment.

India needs world-class banks; in talks with RBI, lenders: Sitharaman

India needs world-class banks; in talks with RBI, lenders: Sitharaman

Rediff.com6 Nov 2025

Finance Minister Nirmala Sitharaman on Thursday said the country needs big and world-class banks, and discussions are on with the Reserve Bank and lenders in this regard.

'Gold, Silver Are Long-Term Insurance'

'Gold, Silver Are Long-Term Insurance'

Rediff.com2 Oct 2025

'The world is heading into a period of serious problems, and gold and silver are among the few ways to protect oneself.'

US visa curbs, AI surge will shape Indian IT in 2026

US visa curbs, AI surge will shape Indian IT in 2026

Rediff.com23 Dec 2025

India's $280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme - including a proposed $100,000 fee for new visas and concerns over a potential 25 per cent outsourcing tax - has complicated cross-border delivery for Indian firms, even as companies accelerate efforts to reduce reliance on onsite staffing.

'Banca channel key to achieve insurance for all'

'Banca channel key to achieve insurance for all'

Rediff.com23 Aug 2025

'The kind of reach it has with so many bank branches even in the remotest part of the country, it is one channel which will play a very important role in vision of insurance for all.'

'Large Part Of Capital Needs To Be Met Via GIFT City'

'Large Part Of Capital Needs To Be Met Via GIFT City'

Rediff.com8 Dec 2025

'Foreign capital will continue to come directly into India, but companies have realised that GIFT City is a more cost-efficient way of channelling funds.'

Will New Labour Codes Boost Textile Exports?

Will New Labour Codes Boost Textile Exports?

Rediff.com2 Dec 2025

While the move may give a competitive edge over rivals like Bangladesh in the global market, several industry bodies raised concerns that many state governments may not implement it on the ground.

Reits to be gradually included in market indices, says Sebi chief

Reits to be gradually included in market indices, says Sebi chief

Rediff.com23 Nov 2025

India's market regulator is moving ahead to include real estate investment trusts (Reits) in benchmark indices in a phased manner, Sebi chief Tuhin Kanta Pandey said, while asserting that the regulator was working to strengthen the link between infrastructure building and the markets.

India Opens Doors To Foreign Banks, But...

India Opens Doors To Foreign Banks, But...

Rediff.com12 Nov 2025

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay.

Privatisation of banks unlikely to hurt national interest: FM

Privatisation of banks unlikely to hurt national interest: FM

Rediff.com4 Nov 2025

Finance Minister Nirmala Sitharaman on Tuesday allayed apprehension that privatisation of state-owned banks would hurt financial inclusion and national interest. She said the bank nationalisation done in 1969 has not yielded the desired result as far as financial inclusion was concerned.

How A Silk Sari Started A Fashion Revolution

How A Silk Sari Started A Fashion Revolution

Rediff.com5 Dec 2025

'Women weavers are hardworking, open to learning, resilient.' 'They finish their cooking, housework, puja, then they come to weave.' 'They care about design. They care about beauty.'

How Your Grievances Can Be Fixed!

How Your Grievances Can Be Fixed!

Rediff.com14 Oct 2025

CPGRAMS -- an online platform available to citizens 24x7 to lodge their grievances to public authorities on service delivery -- has existed for close to two decades. But it has never been this active, points out Tamal Bandyopadhyay.

SEE: Rahul jumps into muddy pond, interacts with Bihar fishermen

SEE: Rahul jumps into muddy pond, interacts with Bihar fishermen

Rediff.com2 Nov 2025

Congress leader Rahul Gandhi on Sunday jumped into a muddy pond in Bihar and interacted with fishermen present at the spot, whom he told that they always had his back.

'Kerala Has Done Very Well In Eradicating Poverty'

'Kerala Has Done Very Well In Eradicating Poverty'

Rediff.com26 Nov 2025

'Poverty eradication is a continuous process. There is no full stop to it.'

DIIs Pump Record Rs 6 Trillion in 2025

DIIs Pump Record Rs 6 Trillion in 2025

Rediff.com16 Oct 2025

The strong domestic flow offset selling by foreign portfolio investors who pulled out $23.3 billion (Rs 2.03 trillion) from domestic equity markets in CY25.

This MLA Wants Workers To Have The Right To Disconnect

This MLA Wants Workers To Have The Right To Disconnect

Rediff.com5 Nov 2025

The debate over working hours flared up after Infosys Co-founder N R Narayana Murthy called for 14-hour workdays.

Tejashwi likely to be announced as Mahagathbandhan CM face tomorrow

Tejashwi likely to be announced as Mahagathbandhan CM face tomorrow

Rediff.com22 Oct 2025

Tejashwi who is meeting senior Conngress leader Ashok Gehlot on Wednesday is expected to be announced as the CM face of the Mahabgathbandhan on Thursday.

Tempted By GST Car Deals? Brake And Research!

Tempted By GST Car Deals? Brake And Research!

Rediff.com8 Oct 2025

'Some buyers get carried away by festival offers and purchase higher variants or larger vehicles than they truly need, which impacts running cost and long-term affordability.'

Airtel to approach DoT on AGR in coming days: MD

Airtel to approach DoT on AGR in coming days: MD

Rediff.com5 Nov 2025

Telecom firm Bharti Airtel will approach the government on the adjusted gross revenue (AGR) it has to pay the exchequer following the Supreme Court's judgment that the government can reassess all AGR dues, according to vice-chairman and managing director Gopal Vittal.

'Gen Zs Are Not Interested In Farming'

'Gen Zs Are Not Interested In Farming'

Rediff.com3 Nov 2025

'They are totally disconnected with farm activities which their families have been involved in for years.'

India's Oil Reforms Aim To Counter US, EU Pressure

India's Oil Reforms Aim To Counter US, EU Pressure

Rediff.com28 Aug 2025

The government has no say in where the country's refiners source oil from because these are commercial transactions.

Reliance sanction compliant; Russian oil benefit capped at 2.1pc of EBITDA

Reliance sanction compliant; Russian oil benefit capped at 2.1pc of EBITDA

Rediff.com5 Sep 2025

Reliance Industries Ltd has consistently remained compliant with international sanctions and is expected to adhere to upcoming measures on Russian oil, analysts said, estimating that oil sourced from Russia contributes just 2.1 per cent to its consolidated EBITDA. Reliance operates the world's largest single location refining complex, with more than half of the capacity exclusively dedicated for exports.

Sitharaman Orders Banks to Return Unclaimed Citizens' Money

Sitharaman Orders Banks to Return Unclaimed Citizens' Money

Rediff.com23 Sep 2025

Given that a sizeable part of this money is part of the coveted current accounts and savings accounts, it is surprising that banks are not in a hurry to revive these accounts, notes Tamal Bandyopdhyay.

United India faces heat in Kerala

United India faces heat in Kerala

Rediff.com4 Jul 2006

An insurer can now effectively manage market volatility

An insurer can now effectively manage market volatility

Rediff.com10 Mar 2025

The Insurance Regulatory and Development Authority of India's (Irdai's) decision to allow insurers to hedge risks through equity derivatives will help them manage market volatility and protect policyholder returns. However, this move is unlikely to alter their investment strategies.

'US Needs India To Keep China In Check'

'US Needs India To Keep China In Check'

Rediff.com8 Sep 2025

'If Washington has to balance Chinese power, she will have to turn to the third biggest power in the world which is India.' 'The United States and India will have to work together in order to keep Chinese ambitions in check.'