News for 'insurance'

Controversy's Child Kamal Haasan

Controversy's Child Kamal Haasan

Rediff.com10 Jun 2025

Kamal has a crisp pen when it comes to writing short and yet powerful film dialogues. But while speaking ex tempore -- and that has been his style -- he looks every bit a confused man, observes N Sathiya Moorthy.

Cognizant Q1 net income rises 21.4%

Cognizant Q1 net income rises 21.4%

Rediff.com2 May 2025

Information-technology (IT) services major Cognizant has kept its full-year guidance on revenue growth unchanged at 3.5-6 per cent in constant currency even as the industry is becoming cautious about macro conditions because of tariff wars.

Modi 3@1: Challenges, Opportunities Ahead

Modi 3@1: Challenges, Opportunities Ahead

Rediff.com9 Jun 2025

There are challenges galore before him, and it is not going to be easy. In the next four years, he has to conjure a system that changes the optics about him and the BJP both nationally and internationally so that he can ride back on his own, claim the top slot, and not have to lean on a coalition, asserts Ramesh Menon as Modi 3.0 completes a year in power.

Terrorists asked Christian LIC manager 'to recite Kalma'

Terrorists asked Christian LIC manager 'to recite Kalma'

Rediff.com23 Apr 2025

Sushil Nathaniel, an LIC manager from Indore, was shot dead by terrorists in Pahalgam, Kashmir, after being forced to recite the 'Kalma'. His family has demanded the harshest punishment for the assailants. Nathaniel, who was on a family trip to celebrate Easter, was among 26 people killed in the attack. His daughter was injured in the attack, while his wife and son survived.

Should You Go For Health Super Topup?

Should You Go For Health Super Topup?

Rediff.com22 Nov 2024

Ensure the sum insured for the super topup is enough to cover even worst-case scenarios.

'Should end fourth quarter on a robust note'

'Should end fourth quarter on a robust note'

Rediff.com2 Feb 2025

'We have opened 100 branches in the last one and a half years. Our manpower is also in place.'

'Ab Bharat ka pani Bharat ke haq mein bahega': Modi on Indus treaty

'Ab Bharat ka pani Bharat ke haq mein bahega': Modi on Indus treaty

Rediff.com7 May 2025

Prime Minister Narendra Modi asserted on Tuesday that India's water will no longer flow outside the country but will be utilized in the nation's interest, a statement seemingly directed at Pakistan following his government's decision to put the Indus Waters Treaty in abeyance after the Pahalgam terror attack. Addressing the ABP Network's 'India@2047' Summit, Modi emphasized his government's focus on interlinking rivers, noting that water used to be a source of conflict among states, before alluding to India's stance against Pakistan while discussing water. He highlighted the finalization of the India-UK free trade agreement as a historic milestone and underscored the importance of prioritizing national interest for achieving objectives and realizing the country's potential. Modi highlighted the country's growth and development under his government's rule, emphasizing its focus on welfare schemes and digitalization. He reiterated his government's commitment to 'Nation First' and pointed to the recent reforms undertaken, including the new Waqf law and the ban on triple talaq, which he said were aimed at benefiting the marginalized sections of society.

Private life insurance companies seem to be on a secured path to growth

Private life insurance companies seem to be on a secured path to growth

Rediff.com29 Nov 2023

Private life insurers experienced reasonable growth in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24), and the October data is also encouraging. The individual weighted received premium (WRP) for private players grew by 19.8 per cent year-on-year (Y-o-Y) in October. However, Life Insurance Corporation (LIC) of India had slower growth, pulling the industry growth rate down to 13 per cent Y-o-Y.

Coop Bank Faces RBI Curbs, Depositors Panic

Coop Bank Faces RBI Curbs, Depositors Panic

Rediff.com14 Feb 2025

'We deposited money just yesterday, but they did not say anything...'

India's services sector growth moderates in March

India's services sector growth moderates in March

Rediff.com4 Apr 2025

India's services sector activity eased slightly in March, weighed down by a marginal slowdown in sales amid softer demand conditions and easing inflationary pressures, a monthly survey said on Friday. The seasonally adjusted HSBC India Services PMI Business Activity Index fell from February's reading of 59.0 to 58.5 in March, but remained above its long-run average of 54.2.

Early-bird Q4 results reflect earning hiccups

Early-bird Q4 results reflect earning hiccups

Rediff.com5 May 2025

Early-bird results for the January-March 2025 quarter (Q4FY25) suggest a slowdown in earning growth for India Inc, despite a benign cost environment that has led to an improvement in margins. The combined net profit (adjusted for exceptional gains and losses) of 175 early-reporting companies rose by 3.8 per cent year-on-year (Y-o-Y) in Q4FY25, marking the slowest growth in 17 quarters.

For Now DIIs In Driver's Seat...

For Now DIIs In Driver's Seat...

Rediff.com16 May 2025

The interplay between domestic and foreign capital will shape India's equity markets.

What's A Specialised Cardiac Plan?

What's A Specialised Cardiac Plan?

Rediff.com16 Nov 2024

Cardiac care plans are ideal for individuals with pre-existing heart conditions or a family history of heart issues. Those who can't get coverage under a comprehensive plan should opt for these plans.

Key decisions taken at the 55th GST Council meet

Key decisions taken at the 55th GST Council meet

Rediff.com21 Dec 2024

The GST Council on Saturday postponed a decision on cutting tax rate on life and health insurance premiums, officials said. The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, decided that some more technicalities needed to be ironed out and tasked the GoM for further deliberations.

'Terrorists wiped out our sindoor; but our armed forces...'

'Terrorists wiped out our sindoor; but our armed forces...'

Rediff.com7 May 2025

Arathy, daughter of N Ramachandran who was killed in a terror attack in Kashmir's Pahalgam, welcomed the Indian Army's "Operation Sindoor" and said it was a reply from the women of India. She said the loss cannot be compensated, but the operation is a kind of relief from the government and the army. Arathy's father was killed by terrorists in front of her while holidaying in Kashmir's Pahalgam on April 22.

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Rediff.com28 Mar 2025

Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according to a source who participated in a meeting, chaired by the Department of Financial Services Secretary M Nagaraju, in New Delhi. At present, they can accept deposits of up to Rs 2 lakh.

'A Great Retirement Product For Every Indian Is...'

'A Great Retirement Product For Every Indian Is...'

Rediff.com4 Apr 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

VC, PE funds bet big on traditional sectors

VC, PE funds bet big on traditional sectors

Rediff.com27 Mar 2025

Venture capital (VC) and private equity (PE) funds had, in 2024, taken bets on traditional businesses rather than tech-first domains like consumer tech, software as a service (SaaS) and software. According to data from Bain & Co, Pitchbook, Venture Intelligence, VCC Edge and AVCJ, prominent VC funds like PeakXV saw their share in this traditional space go up sharply from 14 per cent in 2023 to 23 per cent in 2024.

'Ok to reduce insurance due to premium?'

'Ok to reduce insurance due to premium?'

Rediff.com29 Nov 2022

Sanjib Jha, CEO, Coverfox Insurance Broking, answers your health and auto insurance related queries.

BJP announces more freebies in Delhi manifesto part 2

BJP announces more freebies in Delhi manifesto part 2

Rediff.com21 Jan 2025

Kejriwal described the BJP's election manifesto as "dangerous for the country".

After Delhi's sign-in, Bengal only state to hold out on Ayushman Bharat

After Delhi's sign-in, Bengal only state to hold out on Ayushman Bharat

Rediff.com28 Feb 2025

According to a parliamentary response by the Union health ministry in 2023, around 654,000 families in Delhi are eligible to enrol under the scheme.

FD Rate Cuts: Balance Returns With Safety

FD Rate Cuts: Balance Returns With Safety

Rediff.com16 Apr 2025

'Choose an FD tenure that provides a balance between returns and the horizon for which you can invest.'

'Capital is flowing back to the US'

'Capital is flowing back to the US'

Rediff.com27 Feb 2025

'Even if India is attractive, FPIs currently lack the funds to invest, as money is being redirected to the US.'

Auto, Health Insurance Queries Answered

Auto, Health Insurance Queries Answered

Rediff.com1 Jul 2022

Roopam Asthana, CEO and whole-time director, Liberty General Insurance Ltd, answers your queries on HEALTH insurance and AUTO insurance.

Budget 2025: More Jobs Via Thriving Farms and MSME Growth

Budget 2025: More Jobs Via Thriving Farms and MSME Growth

Rediff.com4 Feb 2025

The most striking features of this Budget was its focus on simplification and improving the ease of doing business in India, asserts Kaku Nakhate.

RBI Forex Intervention Hits Highest In 17 Years

RBI Forex Intervention Hits Highest In 17 Years

Rediff.com23 May 2025

In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.

Crypto: Assess Risks Before Investing

Crypto: Assess Risks Before Investing

Rediff.com19 Mar 2025

Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.

Women Drive Used-Car Boom

Women Drive Used-Car Boom

Rediff.com9 Apr 2025

77 per cent of all transactions in the January-March 2025 period took place digitally, indicating continued preference for online car purchases.

EPFO subscribers may soon withdraw claim amounts via ATMs

EPFO subscribers may soon withdraw claim amounts via ATMs

Rediff.com13 Dec 2024

Subscribers of the retirement fund body EPFO may soon be able to withdraw claim amounts from their accounts through ATMs, a top official said. Union Labour Secretary Sumita Dawra has reportedly said that the labour ministry is upgrading information technology infrastructure to provide enhanced services to the Indian workforce.

No plan to bring clawback clause: LIC

No plan to bring clawback clause: LIC

Rediff.com12 Nov 2024

State-owned Life Insurance Corporation of India (LIC) has realigned its commission structures for its distributors in accordance with new surrender value norms but has no plans to introduce any "clawback", it said in a post-earnings analyst call on Friday. "It depends on our experience because the new products have been filed from October 1," said Siddhartha Mohanty, managing director and chief executive officer. The insurance regulator has revised the surrender value norms, and the revised ones came into effect on October 1.

12% safeguard duty imposed on certain steel products

12% safeguard duty imposed on certain steel products

Rediff.com22 Apr 2025

India on Monday imposed a 12 per cent provisional safeguard duty for 200 days on five steel product categories, including hot rolled coils, sheets and plates, to protect domestic players from surge in imports. The decision follows a recommendation for the same by the Commerce Ministry's investigation arm DGTR. Last month, the DGTR suggested to impose the duty.

Regulatory changes may usher new dawn for insurers

Regulatory changes may usher new dawn for insurers

Rediff.com24 Dec 2022

The regulatory changes brought in by the insurance regulator and the amendments proposed to the Insurance Act by the Centre may herald a new dawn for the sector in India. This may result in insurers bringing out more consumer-led products, top honchos of general insurance companies of the country concurred at the Business Standard BFSI Insight Summit 2022.

Trump Tariffs: Time To Rejig Portolio

Trump Tariffs: Time To Rejig Portolio

Rediff.com4 Apr 2025

Investors should tilt their portfolios towards domestic-facing defensive sectors, which should help provide stability and shield them from geopolitical and tariff risks.

Confused About Health Insurance?

Confused About Health Insurance?

Rediff.com3 Dec 2021

Do you have health insurance/mediclaim queries? Rakesh Kaul, chief distribution officer, Edelweiss General Insurance, will answer your queries.

SBI Life to take over liabilities of Sahara India Life Insurance: Irdai

SBI Life to take over liabilities of Sahara India Life Insurance: Irdai

Rediff.com2 Jun 2023

Regulator Irdai on Friday directed SBI Life Insurance Company to takeover the policy liabilities of around two lakh policies along with assets of Sahara India Life Insurance Co Ltd (SILIC) with immediate effect. The decision was taken at the meeting of the Insurance Regulatory and Development Authority of India (Irdai) in view of deteriorating financial health of the SILIC. "The Authority has identified SBI Life Insurance Company Limited (SBI Life), which is one of the largest life insurers in the country with satisfactory financials, as the acquirer insurer of the life insurance business of SlLIC.

Cop who danced on Tej Pratap's order during Holi celebrations, shifted

Cop who danced on Tej Pratap's order during Holi celebrations, shifted

Rediff.com16 Mar 2025

Tej Pratap Yadav, an RJD leader and former Bihar minister, has been criticized for ordering his security guard to dance during Holi celebrations. The constable was sent to the police lines after he danced in uniform during the festivities at Yadav's residence. The incident has sparked controversy, with many criticizing Yadav's behavior. The incident also highlights the blurring of lines between personal and official duties in India, where politicians often use their positions to exert influence over subordinates.

Be Prepared! Heat Waves Coming!

Be Prepared! Heat Waves Coming!

Rediff.com1 Apr 2025

'The intensity and frequency of heatwaves will be much higher than in previous years over Punjab, Haryana, Rajasthan, Gujarat, Madhya Pradesh and Odisha.'

Reits climb the office ladder even as valuations keep rungs in place

Reits climb the office ladder even as valuations keep rungs in place

Rediff.com31 Mar 2025

Even as concerns grow over the residential real estate market reaching its peak, the outlook for office real estate remains strong, with listed real estate investment trusts (Reits) standing to benefit from sustained demand in the segment.

FinMin's diktat to banks on selling insurance

FinMin's diktat to banks on selling insurance

Rediff.com23 Dec 2022

Concerned over rising incidence of mis-selling, the finance ministry has directed heads of public sector banks to put in place strong mechanisms to avoid unethical practices for selling insurance policies to customers. The Department of Financial Services has received complaints that fraudulent and unethical practices are adopted by banks and life insurance companies for procuring policies from the bank customers, a letter addressed to chairpersons and managing directors of public sector banks said. There have been instances where life insurance policies were sold to customers aged above 75 years in Tier II-III cities.

Draft DPDP rules: Task cut out for banks as operational challenges loom

Draft DPDP rules: Task cut out for banks as operational challenges loom

Rediff.com9 Jan 2025

The draft digital personal data protection (DPDP) rules, which require banks to obtain explicit consent from their customers before using their data for purposes beyond the original intent, although is being followed in spirit, leaves no room for regulatory arbitrage, experts said. They said that the potential business impact is difficult to assess at this stage, but the formalisation of these rules will mean banks now need to establish clear data processing agreements with third-party entities to ensure compliance.