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INSURANCE COMMISSION STRUCTURE
Irdai proposes ban on insurance website ‘dark patterns’, seeks lower distribution costsIrdai proposes prohibiting dark patterns on insurance websites that require personal details to access information. The reforms aim to impr...- Irdai proposes product-wise commission caps, lower expense limits for insurersIrdai has proposed an overhaul of the commission payment structure for insurance distributors across various products. This new framework a...
- EPF wage ceiling at Rs 25,000: What it means for employees, employers and take-home payThe Union Cabinet approved raising the EPF wage ceiling to Rs 25,000. This change impacts mandatory PF contributions for employers and empl...
- In 1976, New York suspended a tram over the East River because another subway tunnel was too expensive; the Roosevelt Island Tram still links the island to ManhattanConstructed in 1976, New York City's Roosevelt Island Tramway began as a temporary fix meant to serve until a new subway line was completed...
- He trusted Canara Bank for 31 Years, then was sold a life insurance plan that pays at age 93; IRDAI orders Rs 4 lakh refund and ₹1 crore fine for mis-sellingIRDAI has imposed a ₹1 crore penalty on Canara HSBC Life Insurance Company over the sale of a deferred annuity policy to an 88-year-old cus...
- Jefferies' 25% CAGR club: Paytm, Groww among 5 financial stocks that can deliver up to 25% returnsJefferies has identified Paytm, Groww, PB Fintech, AU Small Finance Bank and Poonawalla Fincorp as its 25% CAGR club of Indian financial st...
- ₹1 crore penalty on Canara HSBC Life Insurance Company over mis-selling of a deferred annuity policy to an 88-year-old senior citizenAn 88-year-old was sold a deferred annuity policy despite age restrictions, leading to a Rs 1 crore penalty for Canara HSBC Life. IRDAI fou...
- 'Rs 15 lakh car is not really a Rs 15 lakh decision': CA shares a financial checklist most buyers skipCA Nitin Kaushik says buying a car requires looking beyond the sticker price and EMI. Buyers should calculate the on-road cost, down paymen...
- Global warming: From Nepal to Assam to Kerala, nature’s fury is colliding with unchecked developmentThe Himalayan region is facing increasingly frequent and unpredictable extreme weather, with glacier collapses, flash floods and landslides...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIn the equity market, it is generally good to keep one eye on risk management. But there are times when it becomes a must-do. We are curren...
- Nirmala Sitharaman, IMF chief discuss India’s growth trajectory, global economic outlookFinance Minister Nirmala Sitharaman met IMF Managing Director Kristalina Georgieva in Asheville. Georgieva acknowledged India's strong econ...
- Guest and temporary teachers: How to build financial security with job uncertaintyThough the integration of temporary faculty reduces the teaching burden for the university’s permanent staff, the former often get the shor...
- New labour code impact: Rs 8k less take home pay likely for employee with Rs 15 lakh CTC; check the impact on CTCs of Rs 10 lakh, Rs 25 lakh and Rs 50 lakhNew labour codes mandate higher provident fund contributions for employees. This change reduces monthly take-home pay for many salaried ind...
- Sebi drops Rs 3,912 crore probe against Max Financial, Axis Bank over disclosure lapsesSebi has dropped proceedings against Max Financial and its associates. Allegations of disclosure lapses and a fraudulent scheme were not pr...
- 3-year college degrees grow more popular in the US, saving time and cash. But critics aren't soldThree-year bachelor’s degrees are expanding across the US as colleges seek to cut education costs and help students enter the workforce fas...
- 'Vessels violating Iranian protocols for Strait of Hormuz' shall face fines, detention, confiscation: IranIran's Ports and Maritime Organization warned vessels of future passage restrictions and potential confiscation. Authorized countries trans...
- These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsLooking at what happens in the short term is important, as it does have an impact on stock prices. But also always keep an eye on the macro...
- ‘In God we trust, all others pay cash’: Warren Buffett had the cash and still has itBerkshire Hathaway lost $11.5 billion. Buffett spent $14.5 billion. And then, he told his shareholders about the two worst decisions he had...
- LIC weighing plans to invest in health insurance, fintech: R Doraiswamy, CEO, LICLIC said the government’s ₹31,552-crore offer for sale reflects investor confidence and helped achieve 10% public shareholding. The insurer...
- No insurance, no fuel? Supreme Court proposes pilot project, extends tenure of third party insurance cover for new vehiclesThe Supreme Court has proposed new measures to address widespread non-compliance with mandatory motor insurance laws. Automatic e-challans ...
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