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- Govt working on amendments to Actuary Act, 2006: DFS official
The Department of Financial Services is working with the Institute of Actuaries of India to amend the Actuary Act, 2006, a senior Finance M...
IRDAI bars Niva Bupa from opening new offices for six monthsNiva Bupa Health Insurance received an order from the regulator to halt new places of business. This action stems from failing to meet expe...
Protection, annuity more relevant in insurance products: Sumit Madan, MD & CEO, Axis Max LifeWhile things are changing, insurance is still seen as a bit of a savings and tax product. We are focusing on making protection and annuity ...
Warren Buffett: If past data told you the future, the Forbes 400 would comprise librarians; beware of geeks bearing formulasEverybody had run to cash and government bonds, and everybody agreed it was the sensible thing to do. Warren Buffett called it the third bu...
Tamil Nadu CM Joseph Vijay announces official vehicles and allowances for MLAs to address public grievancesTamil Nadu Chief Minister C Joseph Vijay announced government vehicles and a monthly allowance for all MLAs. The state's medical insurance ...
LIC gets RBI nod to raise stake in HDFC Bank to nearly 10% from 4.11%Life Insurance Corporation of India received approval from the Reserve Bank of India. This allows LIC to increase its stake in HDFC Bank to...
As Europe bakes, momentum grows for climate-resilient farmingExtreme weather is pushing farmers toward climate-resilient practices for better yields. Regenerative farming methods improve soil health a...
These 7 bank stocks have an upside potential of up to 27% in one year, according to analystsConsider how things have panned out for the banking sector in Q1 FY27. The quality of loan books has improved. Though credit growth was not...
Deceased father's Rs 2 lakh PMSBY insurance payout denied after his name and age mismatched in records; son fought in consumer commission and won Rs 2.5 lakhA deceased father's Rs 2 lakh PMSBY insurance claim, rejected by the insurer over mismatched name and age records, has been upheld by the C...
Climate damage: The next hit to Europe's public financesEurope's public finances face growing strain from uninsured climate damage, with recent extreme weather events having caused significant ec...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%Market breadth is important, especially at this point of time. It is a better indicator of both underlying sentiment and what is likely in ...
Draft SHANTI Rules 2026: Government proposes nuclear liability, insurance framework for operatorsNew SHANTI Rules 2026 propose strict no-fault liability for nuclear operators. Operators must maintain insurance and financial security for...
NRI life insurance protection plans can be 50–60% cheaper in India: Should you buy here or in your country of residence?NRIs can buy life insurance in India to protect financial obligations. Additional KYC and underwriting requirements apply for non-resident ...
Sandwich generation: How to balance retirement, children’s education and care for elderly parentsLuckily, the squeeze phase doesn’t last forever. Kids grow up, loans get paid off and people enter peak earning years as they move towards ...
PDP workers, farmers detained in Shopian protest over crop insurancePDP workers and farmers were detained in Shopian during a protest. They demanded the implementation of a crop insurance scheme for damaged ...
Europe's heatwaves expose insurance gap as business losses mountEuropean businesses face significant losses from extreme heatwaves. Traditional insurance often fails to cover these indirect operational d...
Indians opt for higher life insurance cover as average premium rises 43%Average life insurance premiums rose significantly between FY2021 and FY2025. Policyholders are increasingly choosing higher sum assured am...
Insurer rejected Rs 50 lakh claim after man’s death; consumer panel finds insurer at fault, orders full payout with 6% interestInsurer rejected Rs 50 lakh claim after man’s death: A consumer commission has directed Cigna TTK to pay Rs 50 lakh after finding that the ...
What actually happens when you ignore a traffic challan in IndiaIgnoring traffic challans in India leads to escalating consequences. Unpaid fines remain on record and may attract additional penalties. Ca...
Corporate cover rates decline amid ample capacityInsurance rates for fire, cyber, professional indemnity and directors’ liability fell sharply in the June quarter as abundant capacity inte...