Farmers in some villages of Maharashtra's Akola district claimed to have received as little as Rs 3 and Rs 21 as compensation under a central insurance scheme for the crop losses they suffered due to heavy rains, and called the aid as 'insulting' and 'mockery' of their plight.
A senior executive of NIA confirmed the development and said that the insurance company is assessing damage to the airport's assets
The 13th-month persistency rate of life insurers - an important metric indicating the retention of new policies - declined in the first quarter of 2025-26 (Q1FY26). This fall was primarily driven by a lower share of high-value policies, following taxation changes implemented in April 2023.
The Insurance Regulatory & Development Authority of India (Irdai) on Wednesday proposed setting up an internal insurance ombudsman for insurance companies -- except reinsurers-- with over three years of operation, to address unresolved complaints. The ombudsman will have power to hear complaints for claims up to Rs 50 lakhs.
Indian refiners have access to only limited Iranian volumes compared with Russian oil, and even the barrels on offer come with 'too many hassles'.
Union Home Minister Amit Shah criticised the Congress party for its alleged inaction in addressing Maoist violence during its long rule, while highlighting the Modi government's success in nearly eradicating Maoists from Bastar, Chhattisgarh.
An Indian man, who said he was attacked and set ablaze by assailants in Melbourne, had falsely reported the incident for claiming insurance, Australian police alleged on Wednesday. Police had obtained security footage depicting Singh buying a 15-litre opaque plastic container and 15.96 litres of petrol on the day before the attack.
Kunal Varma, CEO, Freo, explains what Hospicash and Day Care Insurance covers are and how they help manage financial and mental stress.
Younger customers should opt for increasing cover as their financial commitments are likely to rise in the future.
The 'rescue' operation occurred within kilometres of Iran's underground tunnel complex at Isfahan, assessed by the IAEA and US intelligence as holding a substantial portion of the country's 60 per cent enriched uranium stockpile. Retired senior US military officers have highlighted that the mission's footprint -- hundreds of special operators, multiple heavy-lift aircraft deep inside Iran -- appears outsized for recovering a single airman. Prem Panicker continues his must read blog on the Iran War.
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.
For online plans, the drop-out rate for policy buyers increases if there are too many questions.
A Pakistan-based gangster posted a video on social media purportedly showing the killing of a police officer in Gurdaspur, near the Indo-Pak border. A terror outfit has claimed responsibility for the incident, prompting a thorough investigation by Punjab Police.
'Was the five-day pause ever meant to hold, or was it simply another instrument of signaling, of positioning, of buying time in a war where even the pauses are tactical?' asks Prem Panicker in his must read daily blog on the Gulf War.
The revised ceiling will be within the Rs 10 lakh mark.
EPF doesn't just build your retirement fund -- it also provides free life insurance up to Rs 7 lakh under the EDLI scheme.
The union alleges financial hardship due to the state government's authorization of panic button device providers.
When missiles fly in this region, they are never just aimed at military targets.
While basic policies focus on structural damage, comprehensive ones extend to household contents like furniture, electronics, clothing, and other personal belongings.
The only case where there could be a change in insurance payout is if Air India's management were found to be aware of the accident and the accident was deliberate.
Currently, deposits of up to Rs 5 lakh are covered under the deposit-insurance scheme.
Iran is fighting a different war: Older, slower, and in some ways more dangerous. Iran doesn't need to shoot down an F/A-18. It only needs to make the Strait of Hormuz feel dangerous long enough for insurance markets, shipping companies, and oil futures traders to do the rest. Prem Panicker continues his must-read daily blog on the war in the Middle East.
Amid escalating tensions, Iranian Deputy Foreign Minister Saeed Khatibzadeh declares Iran's unwavering commitment to a 'heroic nationalist defence' against perceived American and Israeli aggression, vowing to resist what he calls an 'invasion' to the very end.
Nagaland Governor Ajay Kumar Bhalla announced the state government's plans to form an interim council for the Frontier Nagaland Territorial Authority (FNTA) and highlighted key achievements and future priorities across various sectors during the Budget Session.
In its master circular on general insurance products, which takes immediate effect, Irdai specified, 'The customer may be required to submit only those documents directly related to claim settlement.'
Purchase health insurance early while you are disease-free. 'It might become very difficult to get a comprehensive health cover for someone who has already had cancer.'
To handle the sudden loss of cashless facility, patients should maintain an emergency fund or a short-term credit line to manage all or part of hospitalisation costs.
The Supreme Court reserved its judgement on a plea regarding insurance coverage for doctors and health workers who died battling Covid-19 in private clinics and non-recognized hospitals. The court emphasized the importance of supporting doctors and ensuring valid claims are settled.
New India Assurance and Niva Bupa have invested in the Bima Sugam India Federation.
The most common mistake is investing without assessing suitability and long-term implications.
Diversified conglomerate ITC Ltd on Thursday reported a 2.6 per cent year-on-year rise in consolidated net profit to Rs 5,187 crore for the second quarter of the 2025-26 fiscal (FY'26) as compared to Rs 5,054 crore in the same period last year. However, the current quarter's figures exclude the hotels business, which was demerged into ITC Hotels Ltd effective from January 2025 and is no longer part of the company's continuing operations.
Bajaj Finserv - the holding company of Bajaj group's financial services business - has laid out plans for the next five years. During this period, it is eyeing 18-22 per cent compound annual growth rate (CAGR) in net profit at Rs 21,000-24,000 crore on a consolidated basis.
'Some of the astounding proposals, if translated into statutory provisions, would be suicidal.' 'This would not be a wonder cure for increasing insurance penetration and only result in mushrooming growth of players like paan kiosks with deleterious consequences.'
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
LIC said USTR's views are based on an incomplete understanding of Indian insurance regulation and LIC's functioning.
Mukesh Kumar, Executive Director HDFC ERGO General Insurance Company, tells you how you can benefit by doing so
Have a query regarding health insurance or mediclaim policy? Maybe we can help. Drop us a line and our expert, Harsh Roongta, CEO of Apnapaisa.com, will answer it.
Calling the decision a win for the people of Karnataka, a Rapido spokesperson said it was not just a legal victory but a milestone moment for urban mobility in the state.
Murders disguised as accidents. In one horrifying case, a man insured his father, mother, and wife -- then allegedly killed them all. He claimed Rs 54 crore in insurance.
The human cost of rat-hole mining falls disproportionately on migrant labourers.
