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.
A Hindu girl from Punjab province was kidnapped and forced to convert to Islam and is currently being held in a madrassa, leading Pakistani rights activist Ansar Burney said on Friday.Burney said his rights organisation, the Ansar Burney trust international, had learnt that 15-year-old Gajri, the daughter of Mengha Ram, was abducted by a Muslim neighbour from her home at Katchi Mandi, Liaquatpur, in Rahim Yar Khan district on December 21, 2009.
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