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Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

New head for General Insurance Council soon

Interactions were held in Mumbai on May 29 to select the chief of the General Insurance Council, or GI Council.

31 May 2019 2:07 AM IST

The IAI was formed in 2006, and thereafter it became a statutory body under an Act of Parliament, on the lines of ICAI, ICSI and ICWAI. The IAI conducts exams for actuaries. It also trains actuaries.

Number of actuaries to touch 480 in FY19

The Institute of Actuaries of India (IAI) estimates that the number of qualified actuaries will reach 480 by this...

28 May 2019 1:59 AM IST

Deputy Chief Minister Manish Sisodia addresses a gathering at the Assocham national conclave on GST in New Delhi on Wednesday. (Photo: PTI)

Centralised bench for advance ruling mulled

Government move comes in the wake of taxpayers facing uncertainty and confusion over various tax dues.

20 May 2019 4:33 AM IST

The Ministry of Corporate Affairs (MCA) has forwarded complaints against Religare Enterprises about shareholding norm violations to the financial regulators.

MCA refers Religare case to regulators, mulls action

Having shared the case with the Securities and Exchange Board of India and the Reserve Bank of India.

14 May 2019 2:24 AM IST

After the selection of Member (Non-life), the Insurance Regulatory and Development Authority of India (IRDAI) is all set to appoint the Member (Life) soon.

Two in race for key Irdai post

According to a Finance Ministry source, eight candidates appeared for the interview for the post.

10 May 2019 4:21 AM IST

India imported 8.7 million tonnes of LPG in 2015-16 and 4.66 million tonnes in first half of current fiscal.

Subsidised LPG price goes up by Rs 82 in last 5 years

A cylinder of non-subsidised LPG now costs Rs 712.50. This is the third straight increase in LPG rate.

2 May 2019 1:22 AM IST

State Bank of India

State Bank gets 8 new DMDs and 21 CGMs

Chadha was learnt to have posted earlier in London and has taken charge at SBI Caps more than a month ago.

30 April 2019 1:34 AM IST

Data analytics major SAS has created a new division to help organisations fight frauds and cyber crimes.

IL&FS: Deloitte ex-CEO under SFIO scanner

The CEO and co-officials are being questioned for alleged audit lapses in the books of the infrastructure giant.

26 April 2019 6:36 AM IST

The government has not yet interviewed for the post by its selection panel Public Enterprise Selection Board (PESB).

HPCL ignores ONGC as promoters again

As far as the existing vacancies are concerned in HPCL, the director (finance) has been lying vacant after J Ramaswamy...

22 April 2019 1:33 AM IST

Being the first baby to be born in-flight for the airline, Jet Airways has offered him a free lifetime pass for all his travels.

Jet Airways closure to affect PSU insurers

As far as the losses of these insurers are concerned, pricing factor in aviation space plays a key role for these...

20 April 2019 12:58 AM IST

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

Non-life insurers rue non-revision of premium

The motor segment is the largest portfolio for the general insurance business.

16 April 2019 3:02 AM IST

Manish Thapliyal

Power has shifted from brands to consumers'

A sought-after person in the advertising filed, Thapliyal has been a brand custodian of brands like Voltas, Schnider...

12 April 2019 1:58 AM IST