The move is prompted by the disruption in the car usage pattern caused by the app-based ride-hailing companies such Ola and Uber
Surat-based company in talks with banks, insurance cos, manufacturing cos etc for their iris scanner machine.
The much-delayed insurance bill and the goods and services tax bill are among the 39 bills that are expected to come up during the month-long Winter Session of Parliament beginning next week.
Concerned over the ongoing public spat between the two regulators, the government on Wednesday asked Sebi and Irda to move court immediately on the contentious issue of who will regulate unit-linked insurance products.
Sebi has done a good job on regulating mutual funds so Sebi's move to regulate ULIPs may be a blessing in disguise for ULIP investors.
"We are facing a global health crisis unlike any in the 75-year history of the United Nations -- one that is killing people, spreading human suffering, and upending people's lives. But this is much more than a health crisis. It is a human crisis," Guterres said.
'If the minister does not resign, then it will be the darkest incident of Indian democracy where power prevailed over the people.'
The report, compiled by COV-IND-19 Study Group, an interdisciplinary team of researchers, said while India seems to have done well in controlling the number of confirmed cases compared to other countries like the United States and Italy in the early phase of the pandemic, the country is critically missing a key component in this assessment -- the number of truly affected cases.
Shashank Rai, 30, allegedly sought millions of dollars in forgivable loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act from two different banks by claiming to have 250 employees earning wages when, in fact, no employee worked for his alleged business.
Britain's largest insurance group Aviva Plc said on Tuesday it will build a new call centre and develop claims processing operations for its general insurance business in India.
Governor Banwarilal Purohit administered the oath of office and secrecy to 68-year old Stalin, for whom this would be the first stint as CM
The Union home ministry has issued strict guidelines for the enforcement of the 21-day complete nationwide lockdown in the wake of the covid-19 pandemic, invoking the National Disaster Management Act which may result in imprisonment of up to two years for any violation. All government offices, the offices of state and Union territory governments, autonomous institutions, public corporations, commercial, private, industrial establishments shall remain closed, the guidelines issued by the ministry said.
While two-wheeler sales are down 15 per cent year-on-year, passenger vehicles sales are lower by 5-7 per cent.
Confused about what the agents tell you about this investment product? Then you must read this
The Securities and Exchange Board of India (Sebi) has decided against filing a joint application before a court to resolve its dispute with the Insurance Regulatory and Development Authority over unit-linked insurance plans.
A standard trick by insurance agents is to tell customers that they need to pay premium for only 3 years and the policy will continue for the remaining tenure. Here's why they do so...
Investors in unit-linked insurance policies can look forward to some more transparency. But costs, though not front-loaded, will be spread over the lock-in period.
Even under the RTI response, all public sectors banks have washed their hands of any responsibility.
Though some schemes have outperformed the Sensex, higher costs ensure that the numbers do not work out in your favour.
Novel and noble as it appears, investor/insurance-seekers rarely understand the cost implications of the marriage between investments and life insurance. To be sure, it is intricate and not everyone is able to unravel it.
Surrendering a ULIP after having paid the premiums for the first three years may be an unwise option.
According to Munjal, there is an opportunity for somebody who comes from a not for profit background in health care to do something.
'The government has to stop trying to fix things for lenders, projects, homeowners and developers and think instead about how to fix the market for houses,' says Mihir S Sharma.
Singapore's Fullerton Fund pumps more into China, cuts exposure in India
It becomes important for individuals to understand what to look for in a ULIP before finalising one
