News for 'development-authority'

Suvendu quits Mamata cabinet, BJP says beginning of the end for TMC

Suvendu quits Mamata cabinet, BJP says "beginning of the end" for TMC

Rediff.com27 Nov 2020

Adhikari, the face of the Nandigram movement that catapulated Mamata Bannerjee to power in 2011, sent his resignation letter to the chief minister by fax, which he then forwarded to Governor Jagdeep Dhankhar by e-mail.

Covid insurance cover may have ceiling of Rs 5 lakh

Covid insurance cover may have ceiling of Rs 5 lakh

Rediff.com13 Jun 2020

The new draft guidelines issued by IRDAI proposes a minimum sum assured of Rs 50,000 and a maximum of Rs 5 lakh. A General Insurance Council official said the guidelines were still being worked on and would only be finalised next week.

Moderna says its COVID-19 vaccine is 94.5% effective

Moderna says its COVID-19 vaccine is 94.5% effective

Rediff.com16 Nov 2020

Cambridge, Massachusetts-based Moderna's announcement comes just a week after Pfizer and Biontech said their COVID-19 vaccine candidate was found to be more than 90 per cent effective in preventing COVID-19 in participants.

Finance Ministry, LIC start contact tracing to assess Covid-19 aid

Finance Ministry, LIC start contact tracing to assess Covid-19 aid

Rediff.com13 May 2020

The government hopes to use this data to assess the extent of financial support needed to recover from the pandemic.

Why finding COVID-19 vaccine won't be enough to end pandemic

Why finding COVID-19 vaccine won't be enough to end pandemic

Rediff.com13 May 2020

Medical experts have warned that the volume of vaccine available to fight the coronavirus or SARS-CoV-2 in coming years is expected to fall far short of global demand, despite an unprecedented effort to manufacture billions of doses.

Modi sarkar's unique plan to cut fiscal deficit

Modi sarkar's unique plan to cut fiscal deficit

Rediff.com24 Jan 2019

Government is framing a rule that will make it compulsory for regulators like Sebi, Irdai and PFRDA to deposit a significant portion of their reserves into the Consolidated Fund of India.

New life insurance regulations get Irdai's nod

New life insurance regulations get Irdai's nod

Rediff.com29 Mar 2019

The new regulations will allow the insurers to charge an extra premium from policyholders who wish to buy riders with unit-linked insurance plans.

'Government is taking LIC on BSNL route'

'Government is taking LIC on BSNL route'

Rediff.com25 Mar 2021

'The government wants foreign companies to capture the insurance market.'

Buying health cover? Here's some good news for you

Buying health cover? Here's some good news for you

Rediff.com20 May 2019

Irdai has listed diseases that can't be excluded from health insurance policies, including neurodevelopmental disorders, mental illness problems, psychological disorders, genetic diseases, puberty- and menopause-related disorders.

Only 'Tai' can admonish me: Modi on Sumitra Mahajan

Only 'Tai' can admonish me: Modi on Sumitra Mahajan

Rediff.com13 May 2019

Mahajan is the first woman MP to win a record eight consecutive elections. In 2014, she had defeated her nearest rival, Satyanarayan Patel of the Congress, by a staggering margin of 4,66,901 votes.

Why health insurance premiums are set to rise

Why health insurance premiums are set to rise

Rediff.com13 Apr 2020

The rise in premiums could be in the range of 5-25 per cent, depending on the features that each insurance company adds on its products. Insurance firms have been given time till September 30 to include modifications mandated by the regulator.

Data on India's burgeoning farm exports is not correct

Data on India's burgeoning farm exports is not correct

Rediff.com17 Nov 2020

A closer look at the data reveals that a lot of the items are not part of this calculation. The notable ones include buffalo meat, marine exports, raw cotton, and plantation crops such as tea, coffee, rubber, etc.

At 61 feet, this Ganesha is India's tallest

At 61 feet, this Ganesha is India's tallest

Rediff.com30 Aug 2019

It took 150 workers a total of four months to build this idol of Lord Ganesh, which cost approximately Rs 1 crore.

'Alas! Mamata has become a machine'

'Alas! Mamata has become a machine'

Rediff.com16 Mar 2021

'Mamata is an emotional person, she follows her heart.' 'We loved that Didi, we still love her, but she is a changed person.' 'Why and how the change happened, who is responsible, I can't say.'

Mumbai staring at massive labour shortage

Mumbai staring at massive labour shortage

Rediff.com11 May 2020

Several on-site labourers in the city want to take special trains being run to transport workers back home. The rising number of COVID-19 cases in the city has caused anxiety among them.

Why GenNext doesn't struggle for basic sports facilities

Why GenNext doesn't struggle for basic sports facilities

Rediff.com27 Sep 2018

National badminton coach Pullela Gopichand feels Indian athletes no longer have to worry about the basic facilities that he had to struggle for in his playing days.

Govt plans to give 23 Rail stations a makeover

Govt plans to give 23 Rail stations a makeover

Rediff.com27 Dec 2017

Fifteen stations might be taken up in the first stage with an investment of Rs 6,000-7,000 crore.

IMA scam accused Mansoor Khan arrested in Delhi

IMA scam accused Mansoor Khan arrested in Delhi

Rediff.com19 Jul 2019

More than one lakh people had invested in the IMA Jewels which started 17 companies.

Mumbai building crash: Narrow lanes, crowds impede rescue ops

Mumbai building crash: Narrow lanes, crowds impede rescue ops

Rediff.com16 Jul 2019

The rescuers had to make hectic efforts to remove the mangled frames of furniture, including large sofas, from the rubble at the mishap site.

UP to woo investors in Asia and Europe for proposed Defence corridor

UP to woo investors in Asia and Europe for proposed Defence corridor

Rediff.com29 Aug 2019

The Uttar Pradesh Defence corridor is estimated to attract Rs 20,000 crore investment and create 250,000 jobs.

It's time to defeat 'tukde tukde' gang: Shah

It's time to defeat 'tukde tukde' gang: Shah

Rediff.com26 Dec 2019

Shah said opposition parties led by the Cong misled people on CAA and disturbed the atmosphere of Delhi. Delhi will go to polls next year and HM exuded confidence that 'lotus will bloom'.

Debt-hit fin service providers get a lifeline

Debt-hit fin service providers get a lifeline

Rediff.com16 Nov 2019

The government on Friday notified the rules for insolvency and liquidation proceedings of financial service providers (FSPs). These rules, notified by the ministry of corporate affairs, will not be applicable to banks, reports Ruchika Chitravanshi.

IRDA nod for Reliance Cap sale of 26% stake in insurance biz

IRDA nod for Reliance Cap sale of 26% stake in insurance biz

Rediff.com14 Sep 2011

The Anil Ambani Group's financial services arm Reliance Capital on Wednesday said it has received in-principle approval from insurance sector regulator Insurance Regulatory Development Authority for its proposed 26 per cent stake sale in Reliance Life Insurance to Japan's Nippon Life.

LIC has invested Rs 55,000 cr in equity market

LIC has invested Rs 55,000 cr in equity market

Rediff.com9 Dec 2020

'In FY21, as of October, LIC has booked a profit of Rs 18,800 crore through sale of equities.'

Why FinMin is worried about fund infusion for 3 insurance firms

Why FinMin is worried about fund infusion for 3 insurance firms

Rediff.com13 Feb 2020

Since no insurance companies share data on their claims with each other, the finance ministry and Irdai suspect that a lot of the resultant claims are duplicates.

2 Covid-19 insurance schemes to be launched on July 10

2 Covid-19 insurance schemes to be launched on July 10

Rediff.com28 Jun 2020

All costs relating to room, boarding, nursing expenses, medical consultation including telemedicine, consumables such as PPE kits and intensive care unit will be covered under the policy. It will also include the cost of treatment for any other co-morbidities, including pre-existing comorbid conditions along with the treatment for Covid-19.

Blackstone inks India's biggest office property deal

Blackstone inks India's biggest office property deal

Rediff.com19 Jun 2019

Blackstone has bought A Wing and some part of B Wing of the building, which has three wings with a total area of 1.5 million square feet.

Builders blame authorities for Noida crisis

Builders blame authorities for Noida crisis

Rediff.com8 Jul 2011

Builders on Friday blamed the Noida and Greater Noida development authorities for the current crisis and warned of similar problems in future due to their faulty land acquisition process.

Better to revive old LIC policy or buy new one?

Better to revive old LIC policy or buy new one?

Rediff.com5 Dec 2019

LIC is currently allowing customers to revive policies that have lapsed for more than two years.

Infra developers in wait and watch mode in new Uddhav-led coalition govt

Infra developers in wait and watch mode in new Uddhav-led coalition govt

Rediff.com4 Dec 2019

Shiv Sena has so far expressed concerns over car shed for the city's planned metro network, the bullet train and the West Coast refinery projects.

Is compensation received from employer taxable?

Is compensation received from employer taxable?

Rediff.com27 Nov 2019

There are judicial precedents where it has been held that if payment is made for temporary disablement, it would be taxable, points out Tinesh Bhasin.

CAG questions Sebi, Irda for holding surplus funds

CAG questions Sebi, Irda for holding surplus funds

Rediff.com18 Mar 2011

Government auditor CAG has rapped five regulators, including Sebi, Irda and PNGRB, for keeping their surplus funds worth over Rs 2,142 crore collected through fee and penalty outside the government accounts.

To finish 350 stalled rojects, UP too adopts land pooling

To finish 350 stalled rojects, UP too adopts land pooling

Rediff.com15 Aug 2018

Land pooling refers to amassing small land parcels for infra development and returning approximately 60% of the redeveloped land to the original owners

You may have to pay more for car, two-wheeler insurance

You may have to pay more for car, two-wheeler insurance

Rediff.com20 May 2019

Irdai has proposed to increase the Motor Third Party premium rates for cars below 1000 cc to Rs 2,120 from the existing Rs 1,850 for the fiscal 2019-20.

CBI books Bhupinder Singh Hooda in fresh land acquisition case

CBI books Bhupinder Singh Hooda in fresh land acquisition case

Rediff.com25 Jan 2019

The case is understood to be related to the alleged irregularities in land allotment in 2009, sources said.

Mumbai's Dharavi adds 1,400 COVID-19 cases in May

Mumbai's Dharavi adds 1,400 COVID-19 cases in May

Rediff.com1 Jun 2020

Narrow lanes and bylanes, small houses, unhygienic living conditions, common toilets and several other factors are responsible for the easy spread of COVID-19 in Dharavi, apart from non-adherence to social distancing norms.

How private insurance cos are making life difficult for LIC

How private insurance cos are making life difficult for LIC

Rediff.com28 Jun 2019

Private insurance firms say, over the past few years, they have been investing on digital technologies to reach semi urban and rural areas.

New UT of J-K: Centre to control police, land under local govt

New UT of J-K: Centre to control police, land under local govt

Rediff.com30 Oct 2019

The Act says the Legislative Assembly of the UT of Jammu and Kashmir may make laws for the whole or any part of the Union Territory with respect to any of the matters enumerated in the state list of the Constitution except the subjects mentioned in entries one and two -- 'public order' and 'police' respectively -- or the Concurrent List in the Seventh Schedule of the Constitution.

Ulips are attractive investment options

Ulips are attractive investment options

Rediff.com2 Jan 2020

'It is advisable to invest in them early in life and stay invested for a longer period to achieve long-term goals and accumulate wealth.'

Ashok Khemka among 9 IAS officers transferred in Haryana

Ashok Khemka among 9 IAS officers transferred in Haryana

Rediff.com4 Mar 2019

The IAS officer, who was posted for nearly 15 months in the sports and youth affairs department, headed by Minister Anil Vij, has been transferred over 45 times in his career so far.