News for 'insurance'

Is Health Insurance Tax Relief Coming?

Is Health Insurance Tax Relief Coming?

Rediff.com6 Sep 2024

Full exemption for all health insurance premiums and reinsurance or a reduction in the GST rate from 18% to 5% on health insurance services is likely.

'Govt And Banks Want Private Investment To Return In Force'

'Govt And Banks Want Private Investment To Return In Force'

Rediff.com3 Nov 2025

'Corporates now have multiple funding sources beyond banks, and many are sitting on large cash reserves.'

'Rising loan appeal hits corporate bond market's momentum'

'Rising loan appeal hits corporate bond market's momentum'

Rediff.com30 Oct 2025

India's corporate bond market, driven by public sector undertaking (PSU) banks and financial institutions last year, is losing momentum since the second quarter of FY26.

'No Such Thing As Diabetes Reversal'

'No Such Thing As Diabetes Reversal'

Rediff.com14 Nov 2025

'In diabetes remission, you go below a 6.5 HbA1c without medication.' 'And this happens only when you lose 10 to 15 per cent of your body weight with a good amount of lifestyle and dietary changes, exercise and sometimes medication.' 'You have to be able to sustain your HBA1C below 6.5 for at least a year without medication to say that the patient is in remission.'

'Lost Rs 50L In Trading. HELP!'

'Lost Rs 50L In Trading. HELP!'

Rediff.com31 Oct 2025

Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.

Invest in Gold ETF Or Fund-Of-Funds?

Invest in Gold ETF Or Fund-Of-Funds?

Rediff.com28 Oct 2025

'Allocating 5 to 10 per cent of one's portfolio and staying disciplined through market cycles helps in having a positive investment experience.'

Did Aryan Khan *Really* Direct Ba***ds of Bollywood?

Did Aryan Khan *Really* Direct Ba***ds of Bollywood?

Rediff.com7 Oct 2025

'When the show was releasing, I think all the actors were under the impression that this is a limited series.' 'After seeing the response, I feel we should have a season two.'

Kurnool bus inferno: New info reveals another accident

Kurnool bus inferno: New info reveals another accident

Rediff.com25 Oct 2025

The driver of a Bengaluru-bound bus that caught fire in Andhra Pradesh, killing 20 people, is in police custody. He is accused of fleeing the scene after the collision.

At fintech meet, Sitharaman flags weaponisation of tech

At fintech meet, Sitharaman flags weaponisation of tech

Rediff.com7 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday launched the foreign currency settlement system in GIFT IFSC, which will facilitate seamless transactions on real-time basis, enhance liquidity management, and ensure compliance.

'Is PPF Better Than MFs For...?'

'Is PPF Better Than MFs For...?'

Rediff.com19 Sep 2025

Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.

BFSI Sector Set For Boom With Rs 58K Cr IPOs

BFSI Sector Set For Boom With Rs 58K Cr IPOs

Rediff.com25 Sep 2025

The sector's IPO pipeline is led by Tata Capital's Rs 17,000 crore issue, followed by ICICI Prudential Asset Management at Rs 10,200 crore and Billionbrains Garage Ventures at Rs 6,000 crore.

How EPS Turns Part Of Your PF Into Lifelong Income

How EPS Turns Part Of Your PF Into Lifelong Income

Rediff.com9 Oct 2025

Let's decode how EPS works, who qualifies, and how pensions are calculated, using simple examples for different salary levels.

New biz premium of life insurers rises 13% in October

New biz premium of life insurers rises 13% in October

Rediff.com11 Nov 2024

Life insurance companies reported a 13.16 per cent year-on-year (Y-o-Y) growth in new business premium (NBP), totting up Rs 30,347 crore in October, even as the number of policies sold saw a sharp decline. The growth was largely driven by strong performance from private sector life insurers.

'Banks Need To Reinvent Themselves'

'Banks Need To Reinvent Themselves'

Rediff.com3 Nov 2025

'Reinvention is not a hugely difficult task. With technology as available today, you can reinvent yourself pretty quickly.'

Your EPF Can Fund Housing, Surgery, Education...

Your EPF Can Fund Housing, Surgery, Education...

Rediff.com23 Oct 2025

Your EPF isn't just a retirement pot. It's a financial safety net you can dip into for life's biggest needs. Here's how these one-time advances work and when to use them wisely.

Mediclaim: Want To Buy An OPD Plan?

Mediclaim: Want To Buy An OPD Plan?

Rediff.com14 Jul 2025

These plans are suited for individuals and families with regular OPD needs -- those managing chronic illnesses and families with young children or elderly members.

'I'm In A Debt Trap. Help!'

'I'm In A Debt Trap. Help!'

Rediff.com17 Sep 2025

Ask rediffGURU Reetika Sharma your insurance mutual fund and personal finance-related questions.

Will GST Council cut taxes on insurance premium?

Will GST Council cut taxes on insurance premium?

Rediff.com20 Dec 2024

The GST Council, in its meeting on Saturday, is likely to decide on reducing tax rates on life and health insurance premiums, while hiking it on high-end wrist watches, shoes and apparels, besides considering a separate 35 per cent tax slab for sin goods. The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, is likely to discuss rate rejig in about 148 items, besides, it will also deliberate on bringing Aviation Turbine Fuel (ATF), a major component for airline industry's operation cost, in the Goods and Services Tax (GST) fold.

Life insurance Dec new biz premium falls 21.7% to Rs 30,218.71 crore

Life insurance Dec new biz premium falls 21.7% to Rs 30,218.71 crore

Rediff.com12 Jan 2025

The new business premium (NBP) of life insurance companies dropped 21.7 per cent year-on-year (Y-o-Y) to Rs 30,218.71 crore in December 2024 on the back of a steep fall in business. According to data published by the Life Insurance Council, LIC's premium dropped 41.15 per cent Y-o-Y to Rs 13,523.87 crore while private insurers reported 7 per cent growth in NBP to Rs 16,694.85 crore as the industry absorbs the impact of the revised surrender value norms.

'NPS Will Exceed 30% Growth This Financial Year'

'NPS Will Exceed 30% Growth This Financial Year'

Rediff.com17 Oct 2025

'The informal sector can grow at a 100 per cent rate -- we have to plan big.'

Data Protection Rules Coming by Year-End

Data Protection Rules Coming by Year-End

Rediff.com2 Sep 2025

'One has to be very mindful because it will be applicable for big tech platforms and even for banks and insurers, whose business is completely different.'

Wipro Q2 profit inches up; launches 'Wipro Intelligence' to boost AI push

Wipro Q2 profit inches up; launches 'Wipro Intelligence' to boost AI push

Rediff.com16 Oct 2025

IT services firm Wipro on Thursday reported a marginal increase in consolidated net profit to Rs 3,246.2 crore in the July-September quarter, even as company CEO and MD Srini Pallia asserted that the demand environment remains robust with discretionary spends shifting towards AI-related projects.

Budget key trigger for life insurance companies' stocks in near term

Budget key trigger for life insurance companies' stocks in near term

Rediff.com21 Jan 2025

The data for individual weighted received premium (WRP) showed divergent trends for life insurers in December 2024. Overall, the industry's individual WRP grew 4.8 per cent year-on-year (Y-o-Y); LIC's individual WRP declined 13 per cent while private players saw 11.4 per cent growth.

BFSI sector to add 2.5 lakh jobs by 2030

BFSI sector to add 2.5 lakh jobs by 2030

Rediff.com21 Aug 2025

India's BFSI sector is set for robust growth, with hiring projected to rise 8.7 per cent in 2025-26 and touch 10 per cent by 2030, creating nearly 2.5 lakh permanent jobs, a report said on Thursday. This growth in the Banking, Financial Services, and Insurance (BFSI) sector is being driven by rising demand in tier II and III cities, marking a clear shift from metro-centric recruitment.

Compensation Assured for Crash Victims

Compensation Assured for Crash Victims

Rediff.com14 Jul 2025

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.

Infosys wins 14K cr deal to modernise UK's NHS workforce management system

Infosys wins 14K cr deal to modernise UK's NHS workforce management system

Rediff.com15 Oct 2025

The 15-year agreement will see Infosys develop a next-generation, data-driven workforce management platform to replace the existing electronic staff record (ESR) system, which annually manages a 55 billion payroll for 1.9 million NHS employees.

Will GST Relief On Insurance Benefit Us?

Will GST Relief On Insurance Benefit Us?

Rediff.com9 Sep 2024

The life insurance industry does not have a good track record when it comes to passing on tax benefits to policyholders, points out Harsh Roongta.

'This Is Why Trump Has Scored'

'This Is Why Trump Has Scored'

Rediff.com24 Oct 2025

'I realised why the farmers and the rural folks are going for Trump. They are so insecure and vulnerable that anybody who is throwing a line of hope to them, they seize it.'

Smallcaps Face Their Toughest Samvat Yet

Smallcaps Face Their Toughest Samvat Yet

Rediff.com18 Oct 2025

'Defence, capital goods, engineering, capital market-related stocks, autos, and cement sectors are my bullish bets for Samvat 2082.'

Affordable Bank Cover: But Is It Enough?

Affordable Bank Cover: But Is It Enough?

Rediff.com11 Jul 2025

Banks offer a wide range of group insurance plans -- personal accident, health, hospital cash, home insurance, credit protection, and critical illness.

Patients to benefit from GST cut, but pharma firms may face margin pressure

Patients to benefit from GST cut, but pharma firms may face margin pressure

Rediff.com12 Sep 2025

The rationalisation of goods and services tax (GST), announced on Wednesday, directly lowers the cost of everyday medical consumables, and also high-end therapies in oncology and rare diseases, helping reduce out-of-pocket patient expenditure and better adherence to medication.

How To Claim Health Insurance Money

How To Claim Health Insurance Money

Rediff.com29 Jul 2024

Follow these steps to avoid last-minute surprises while claiming your mediclaim -- via cashless or reimbursement method, says P V Subramanyam

Why Chase The Black Box?

Why Chase The Black Box?

Rediff.com12 Aug 2025

Why not stream all the data in real time to multiple recipients? It would make the investigation of aviation incidents much easier and far more transparent, recommends Devangshu Datta.

R Doraiswamy appointed MD & CEO of LIC

R Doraiswamy appointed MD & CEO of LIC

Rediff.com14 Jul 2025

The government on Monday appointed R Doraiswamy as head of state-owned insurance behemoth Life Insurance Corporation of India

'Life is worth fighting for every step, every minute, every second'

'Life is worth fighting for every step, every minute, every second'

Rediff.com29 Oct 2025

'I'm totally focussed on finding the right energies around me. A lot of the treatment is psychosomatic, as my mother keeps reiterating, if you think positive, positive things will happen to you.'

IPL's Valuation Hits Flat Pitch

IPL's Valuation Hits Flat Pitch

Rediff.com16 Oct 2025

The IPL's overall valuation fell by 8 per cent to Rs 76,100 crore in 2025.

'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.'

Spot the Scam Before It Spots You!

Spot the Scam Before It Spots You!

Rediff.com8 Jul 2025

Fraudsters lure individuals with false promises of recovering bonuses or maturity proceeds from lapsed policies.

'How To Earn Maximum Monthly Income?'

'How To Earn Maximum Monthly Income?'

Rediff.com3 Oct 2025

Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.

Car Owners, Know About PAYD Insurance

Car Owners, Know About PAYD Insurance

Rediff.com17 Sep 2024

'The PAYD model adjusts the premium based on your driving habits. If you drive less, you pay less.'