'If you look at household hospitalisation compensation, then you will find only one-third is hospitalisation. Two-thirds is outpatient.' 'Even if you provide Rs 5 lakh coverage, people will still have a tough time.'
Due to the prevailing uncertainty, the risk of loans going bad has certainly increased. This may result in lenders following risk-based pricing more diligently, notes Naveen Kukreja, CEO, Paisabazaar.com
The US-based start-up developed a machine learning system that uses sensors in smartphones.
'The biggest gainers under this scheme would be insurance companies.' 'If the government is going to route the payments through the insurance companies, these companies will be making nearly 30 per cent of the money.' 'For instance, if the government is paying Rs 100, then Rs 30 will go to these insurance companies.' 'Only Rs 70 will be available for expenditure that will be incurred by the hospitals.'
Section 144 of CrPC, prohibiting assembly of five or more people at one spot, will be in force during the period, Thackeray had said, but refrained from terming the new curbs as a lockdown.
All of the boxers have been training at their respective homes ever since the nationals camps came to a halt in mid-March owing to the virus outbreak
Salaried employees get several benefits under Sections 80C, 80D, 80G and others.
Jaitley increased the excise duty on most tobacco products by 10-15 per cent.
New Year is around the corner and these things should be on your agenda!
The Brookings Institution, a think tank associated closely with the US administration, recently expressed keen interest in it.
Sure we understand that isolating affected communities is part of the pandemic protocol, but we don't wish our life and freedom to be tossed aside at the slightest excuse, states Shyam G Menon.
Out of approved assistance of Rs 1.07 crore, the first instalment of Rs.83.19 lakh, representing 75 per cent of the approved grant, has been released to the IOA.
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
Modi termed it a 'historic document' to fulfil his government's aim of 'sabka sath sabka vikas'.
Strict lockdown-like restrictions are already in place in the southern stateand the Pinarayi Vijayan government decided to clamp the complete shutdown in the wake of severe spike in the positive cases.
Critical illness policies by life insurance companies provide a variety of combinations but have a complex fine print.
The ITF has made a range of learning resources on its academy platform available for free during the shutdown while the ATP Tour announced an initiative this week that will give fans the chance to bid for sessions with top coaches. Funds raised from the sessions will go to the tour's Coaches Committee to support its members.
"India has given a stern signal to its enemies by conducting surgical and air strikes. This tells us that India is changing and can take the most difficult decisions and isn't reluctant to implement them," Prime Minister Narendra Modi said on Sunday in his Independence Day address to the nation.
The annual Amarnath yatra to the 3,880-metre high cave shrine in the south Kashmir Himalayas will commence on June 28 and culminate, as per the tradition, on the day of Raskha Bandhan festival on August 22, officials said.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Australia-based Insurance Australia Group is in advanced talks to buy a 26 per cent stake in HDFC Chubb General Insurance, following the buyout of Chubb's stake by HDFC.
Others taxed at 5, 12, 18, 28%
To help revive the economy battered by COVID-19, Finance Minister Nirmala Sitharaman on Monday announced a slew of measures, including Rs 1.1 lakh crore credit guarantee scheme for improving health infrastructure, and enhancing the limit under the ECLGS by 50 per cent to Rs 4.5 lakh crore for the MSME sector facing liquidity crunch. Sharing the details of stimulus package, the finance minister said this comprises eight relief measures and other eight measures to support the economic growth. She announced Rs 1.1 lakh crore loan guarantee scheme for COVID-affected sectors, including health sector, which includes guarantee cover for expansion or for new projects. Besides, she said, additional Rs 1.5 lakh crore limit enhancement done for Emergency Credit Line Guarantee Scheme (ECLGS) scheme.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
The phased reopening and regulated relaxations of many key industries have paved the way for a slight recovery in hiring activities but hiring is still down by 47 per cent in July 2020 compared to the same month last year.
The Chennai-based Star Health and Allied Insurance Co, the country's first stand-alone health insurance company, plans to expand its product basket by launching at least five new products in the next 3-4 months.
The contract would give a big boost to India's $150 billion nuclear power programme, and a broader push to curb greenhouse gas emissions.
To attract bidders, the government had decided to hive of around Rs 35,000 crore of the company's debt into a separate subsidiary, leaving around Rs 23,286 crore to be absorbed by the new bidder.
Direct tax collections missed the revised target for 2019-20 by Rs 1.42 trillion at Rs 10.27 trillion, an 8 per cent fall over the previous year.
Governor Banwarilal Purohit administered the oath of office and secrecy to 68-year old Stalin, for whom this would be the first stint as CM
The next step is the charter, which aims to safeguard consumer rights and address criticism about the government not doing enough for passengers.
Cricketer-turned-commentator Deep Dasgupta refused to call the IPL bubble porous but did admit to having anxieties of his own once cases began to rise in Delhi.
The strong field at this week's World Golf Championships features 27 of the top 30 golfers in the world rankings, including past champions Dustin Johnson and Patrick Reed.
From EPF to tax computation to old salary account to health insurance... here's a financial checklist for a trouble-free transition while switching jobs.
What's it like for two people of the same sex to be in love Mumbai? Anita Aikara/Rediff.com finds out.
The railways is expecting a revenue of Rs 1,84,820 crore during the current financial year (FY17).
Last year, his family forced Kishore Singh not to write anything about them...
Take a moment to consider ways to improve your finances.
