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We expect policy rate to be at current level or lower for a long time: Sanjay Malhotra, Governor, RBIWhile policy rates in India are likely to stay at current levels or even go lower for an extended period, there are risks as well, Malhotra...
Getting adequate health insurance coverage for parents makes you lose hope? Check these 5 options that enable you to get higher coverage for senior citizensSecuring health insurance for parents, especially seniors, can be costly due to age-related risks and pre-existing conditions. ET Wealth On...
How to locate a deceased’s bank accounts, property, cryptocurrency and other assets in IndiaUnclaimed assets of deceased individuals pose a significant challenge in India. Vast sums lie unclaimed across banks, insurance, and provid...
Government invites application for the post of IRDAI chairpersonThe Finance Ministry has begun the search for a new Chairperson for the Insurance Regulatory and Development Authority of India (IRDAI), wi...
Shock and awe for online gaming industry; IRDAI’s transformational journeyThe bells have begun to toll for India’s online gaming industry. The 28% GST levy looks set to deal the sector a knockout blow, with a few ...
Startups vs IAMAI, redux; Mojocare investors mull legal action against foundersStartups are once again at odds with the Internet and Mobile Association of India (IAMAI) over the latter’s stance on the digital competiti...
A fresh COVID surge spotlights the need for health insurance: Have you updated your plan yet?As COVID rings in ominous tones for the economy and the healthcare sector worldwide in ever-mutating variants, here’s what you need to know...
‘Delay in naming IRDAI head causing disruption in India's insurance sector’Insiders claim that the backlog of crucial policy considerations as well as routine clearances are getting delayed even as companies themse...
Softbank eyes return to FlipkartThree years after SoftBank sold its stake in Flipkart for $4 billion, the two companies could be headed for a $600-700 million reunion, and...
House panel for abolition of LTCG tax on investments in startupsIndia's startup sector welcome the recommendation of abolishing long term capital gains (LTCG) in startup investments.
COVID-19 claims surging, insurers may move SC to seek standard pricing of treatmentIn this backdrop, industry association General Insurance Council (GIC) believes that the current model of pricing followed by hospitals, wi...
GIFT SEZ provides approval to 28 entitiesThe Development Commissioner of GIFT SEZ along with GIFT SEZ authorities met up with all the members of unit approval committee via telecon...
8 digital payment-related scams and how you can avoid themDo not seek help from strangers to complete payment transactions. Do not download apps, except recommended by seemingly-helpful people. ET ...
Claim settlement process of health insurance: TPA Vs In house claim departmentIn the in-house claim settlement process, instead of taking the services of a TPA, insurers set up an entire department within their own co...
Why your motor insurance policy will not pay full cost of car damage repairOut of two reasons, one is the mandatory deductible which is applicable in all the motor insurance policies irrespective of the insurance c...
Unclaimed shares, insurance, deposits: How to find and get your dues backCrores of rupees are lying with banks, and other organisations. Here’s how you can get back your money.
2018: It will be a year of heavy lifting for banking sectorWhile the two most powerful men in Indian finance have promised funds and forced recognition of bad loans, the harder task is in resolving ...
Irdai asks insurers to appoint data security officer by April 30The guidelines entail data, applications, operating systems and network layers. Security audit and legal aspects on cyber security are othe...
Portals will be enablers and not replace distributors: Rajiv Bajaj, Bajaj CapitalIndia is on the road to becoming a pensioned society. Instead of a parallel EPF or NPS, we need a single national system, says Rajiv Bajaj.
10 new players apply to Irdai to start operations in India"The regulator is currently processing applications of ten players consisting of insurers and re-insurers," IRDA member (Finance and Invest...