Apart from paying ransom, the policy also takes care of the reward money, personal accident, cosmetic surgery and legal expenses.
insurance firms need to look at solutions like co-payment to help reduce their rising losses.
India would have responded differently to "Pakistan-sponsored" Mumbai terror attacks had there been a different "mix of people" at the helm, according to former foreign secretary and national security advisor Shivshankar Menon.
The cards should be issued strictly for use in India and transactions settled in Indian rupee.
At present, the rules do not allow the government to shed stake in the four public sector general insurance companies - New India Assurance, United India Insurance, National Insurance and Oriental Insurance.
The states will be asked to tap the Centre's JAM trinity.
Apart from rail mishaps, the coverage would take care of terrorist attacks and accidental fall of a passenger from a train and normal accidents, riots, robbery and dacoity
The report contains names of entities eligible for bank licences. It was not immediately known how many applicants have been shortlisted by the high-level advisory panel.
The Reserve Bank on Friday set up a three-member committee under former Governor Bimal Jalan to scrutinise applications for new bank licences, which are expected to be awarded by January.
Party chief spokesperson Randeep Surjewala said it will introspect on the reasons for the loss in Uttar Pradesh and Uttarakhand and will re-dedicate itself to strengthening the party and being the watchdog of people.
Bharatiya Janata Party President Amit Shah said Pakistan would not have been holding a part of Kashmir and Article 370 would not have existed had Sardar Vallabhai Patel handled the Kashmir issue.
Congress General Secretary Rahul Gandhi on Friday called upon the youth of Mumbai to focus on the inclusive development of India and stay away from divisive politics."If you want to make a change, join politics and the Congress party. Some people are trying to divert your attention from real issues, but you have to stay focused," he said while addressing nearly 1,100 college students at Bhaidas Hall in suburban Ville Parle in Mumbai on Friday.
India accounted for 2.2 per cent of the revenues of Infosys.
Official talks were held between Modi and Seikh Tamim for multi-sectoral partnership and strengthening of Indo-Qatar ties following which the agreements and Memorandums of Understanding were signed on the second day of the Prime Minister's visit.
Having got the regulatory clearance to offer add-on insurance policies, non-life insurers are now preparing to launch the same in the coming weeks. Some of the insurers have said, however, that they need some time to launch these products. They say that, unlike commercial products which can be launched straight away, products meant for retail consumers need a certain level of preparation before they are ready for sale.
Buying medical insurance? Make sure that you know what you are getting and what you are not.
The move that comes in the backdrop of the massive controversy over alleged anti-India protests in the JNU.
India grew at 6.7 per cent in 2008-09. For the current fiscal 2009-10, the Economic Survey projected a 7 per cent growth rate plus/minus 0.75 per cent.
The top-up policy is cost effective for both users and companies.
Kashmiris are our own people," said HM Rajnath Singh in Rajya Sabha.
As per the norms, sanction for prosecution has to be decided within four months time of the CBI seeking such a permission.
The rally from Raj Ghat to Jantar Mantar saw marchers fervently waving the tricolour and raising slogans like 'Vande Mataram' and 'Bharat Mata Ki Jai' with some of them saying that nothing is above 'nationalism'.
Going through a purple patch, centurion Lokesh Rahul said his intention to stay positive and aggressive on the second day paid off as he put India on the driver's seat in the second Test against West Indies in Kingston.
Other members of the high-level advisory committee are former RBI Deputy Governor Usha Thorat, former Securities and Exchange Board of India Chairman C B Bhave, and Nachiket M Mor, Director of the Central Board of Directors of RBI, Governor Raghuram Rajan said.
The Insurance Regulatory and Development Authority (Irda) has fined 10 insurance companies, including both the insurance arms of the Bajaj Auto Group, Reliance General, United India, Iffco-Tokio, New India Assurance and Shriram Life for non-compliance with various guidelines. The violations varied from opening branch offices without seeking the regulator's permission to violation of advertisement guidelines and non-fulfilment of social sector obligations.
Sources close to the development said the three companies have sought permission from the Insurance Regulatory and Development Authority for new motor insurance products and are expected to launch the add-on covers in the first week of January. Add-ons are expected to be in the form of a replacement vehicle or payment on a daily basis when the vehicle is out for repair, and reduced or zero depreciation.
'Intolerance is in our blood. Every person has some level of intolerance. One can't get rid of it, but one has to check and control it for the sake of a peaceful society and country,' says actor Tam Alter.
The Supreme Court has dismissed the appeal of ACC Cement, ruling that if a product is manufactured by one firm and sold by another with the latter's brand name, that sale would attract sales tax, not the first transaction.
The insurance scheme of the United India Insurance was launched for the first time in the country at Sankarapuram panchayat in Sivaganga district on Sunday. Under the scheme, an individual would be charged Rs 300 a year as premium and Rs 545 for a family not exceeding five members, and Rs 600 for a family not exceeding seven members.
SBI, LIC and HDFC, have showed double digit growth.
Sahara has ploughed at least Rs 1,500 crore from two of its credit cooperatives into the Aamby Valley resort project
It is time we support Dipa Karmakar and not forget her by the time Tokyo Olympics roll in, the way we've forgotten so many others -- medal winners who have died in penury, who have had to sell their medals to survive, who have taken auto-rickshaws home from the airport. It is time that talent, and not money, decided who gets to be nominated into the International Olympic Committee.
Raj Natarajan, president of United India Association, an organisation formed by NRIs living in Australia, has come out strongly in support of Harbhajan Singh.
Public and private sector insurance companies are forming alliances to bid for state-run carrier Air-India's aviation cover worth $3.5 billion.
Attacking the Bharatiya Janata Party's manifesto containing contentious Hindutva issues, Congress President Sonia Gandhi said their 'communal agenda' was a 'grave threat' to the country's unity and integrity.
In a move that impacts long-term subscribers of medical insurance policies, leading insurers like Oriental Insurance Company and United India Insurance have stopped no-claim bonus for existing and new policy holders.
Move to strengthen market share and become more profitable.
Oil and Natural Gas Corporation has received Rs 864 crore (Rs 8.64 billion) in final settlement of an insurance claim for the oil facility at Mumbai High that was gutted in a fire in July 2005.
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