Insurance industry needs Rs 50k cr capital every year to double penetration: Debasish PandaPanda said India is set to become the sixth largest insurance market by 2032 from tenth largest currently but the country needs more invest...
20 Jan, 2023, 01.41 PM IST
NPS generated good returns for subscribers: PFRDA Chairman"Over a period of 12 years, the returns under equity schemes are more than 12 per cent, and in government securities, it was close to 9.9 p...
06 Dec, 2021, 02.19 PM IST
Indian startups may get pension, insurance fundsThe government has started deliberations on easing regulations to allow pension and insurance funds to flow to startups, giving them access...
28 Jan, 2021, 06.56 AM IST
India, Brazil conclude social security agreementThe SSA between India and Brazil once in force (by early 2018) will also be the first such agreement between the BRICS countries.
16 Mar, 2017, 11.33 PM IST
PFRDA to launch online facility to open NPS accountsPension fund regulator PFRDA is set to launch an online facility for opening of accounts under the NPS to net in prospective customers.
21 Aug, 2015, 09.36 PM IST
Sebi seeks parity between foreign currency, rupee convertiblesSebi Chairman U K Sinha also called for aligning the time-gap between a foreign currency convertible bond and rupee-denominated domestic bo...
15 Dec, 2014, 10.16 PM IST
Emergency withdrawals under New Pension System may be allowedSubscribers to National Pension System may be allowed withdraw partial funds in emergency situation like health issues, a top PFRDA officia...
14 Aug, 2013, 09.30 PM IST
Despite criticism over product clearance delay, IRDA won't approve mutual fund-like pension plans"A pension product should have an annuity. Products without any element of pension will not be approved", Irda Chairman said.
25 Sep, 2012, 05.37 AM IST
IRDA mulling to follow 'lead insurance model' to enhance reachIRDA said it is mulling to follow the lead insurance model, which is followed by banking industry known as 'lead banking model'.
24 Sep, 2012, 02.48 PM IST
- NPS throws great opportunity for insurers: PFRDA
Despite the NPS throwing up a large opportunity to life insurers, the PFRDA regretted that there are not enough players in the system to ta...
06 Aug, 2012, 11.27 PM IST
- IRDA hints at curbs on NAV-based products
The insurance regulator today said it was examining the high-guaranteed net asset value (NAV) products and will take a decision on them soo...
16 Nov, 2011, 11.31 PM IST
- IRDA, pension regulator PFRDA to lock horns
The conversion of the accumulated savings into a monthly income stream can only be done by a life insurance company as per law.
03 Oct, 2011, 07.28 AM IST
- IRDA for more companies to participate in pension market
IRDA said that domination of one company in pension market could be risky and it was important for other insurance companies to participate...
22 Jul, 2011, 08.10 PM IST
- The Economic Times to organise 'Insurance Summit 2011'
The Economic Times is organizing ‘Insurance Summit 2011’ bringing together some of the best names from the Insurance Industry.
21 Jul, 2011, 01.47 PM IST
- The Economic Times Insurance Summit 2011: Insurance Industry exploring new dimensions
The Economic Times is organizing 'Insurance Summit 2011' bringing together some of the best names from the Insurance Industry who will shar...
21 Jul, 2011, 01.36 PM IST
- Life insurers may get to invest in infra bonds
Life insurers may be allowed to invest in long-term infrastructure bonds proposed by the India Infrastructure Finance Co for refinancing gr...
19 Jun, 2010, 12.48 AM IST
- Pension fund for govt staff from Jan 1
Finance secretary DC Gupta said on Wednesday that the contributory pension scheme for government employees will begin from January 1, '04.
16 Oct, 2003, 07.01 AM IST