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MOTOR ACCIDENT FUND
ET Prime Special Series: Multibagger or IBC - Part 62: This quiet auto ancillary now earns in 3 months what it once earned in a yearThe stock has multiplied many times over in just a few years, the order book has never been bigger, and the value packed into every vehicle...
These large- mid- and small-cap stocks have an upside potential of up to 31% in 1 year, according to analystsAs nothing can be ruled out on the street, be prepared for anything. Now, what is the probability that the bears will be chased away from t...
What to know about the fight over whether New York should lose $74M for not revoking immigrant commercial driving licensesNew York is suing the federal government. The state is challenging the withholding of nearly $74 million in highway funds. This action foll...
Most difficult: Staying invested in businesses while ignoring noise called Gulf war; 19 stocks from different sectors to ‘hold’Businesses that create long-term wealth are those where the demand runway is long, the competitive position is strong, and the management i...
Modi soon to launch cashless treatment scheme for road accident victims across India: Nitin GadkariOn March 14, 2024, the ministry launched a pilot programme in Chandigarh to provide cashless treatment to road accident victims, which was ...
Frame policy on cashless treatment for motor accident victims: Supreme Court to CentreThe Supreme Court directs the Centre to establish a scheme by March 14, 2025, for cashless medical treatment of motor accident victims duri...
Govt formulates cashless treatment scheme for road crash victims: Nitin GadkariNHA, under the Ministry of Health & Family Welfare, in coordination with local police, empanelled hospitals, state health agency, national ...
Road ministry launches a pilot project in Chandigarh to provide cashless treatment to road accident victimsThe Ministry of Road Transport and Highways (MoRTH) has launched a pilot program to provide cashless treatment to victims of road accidents...
Government notifies 8-fold increase in solatium to Rs 2 lakh for death in hit-and-run caseThe ministry in the notification issued on February 25 said that the scheme may be called the 'Compensation to Victims of Hit and Run Motor...
Higher compensation proposed in hit & run accidentsCompensation of ₹50,000 has been proposed in case such an accident causes “grievous hurt” caused to the victims, up from ₹12,500 at present.
Cashless treatment scheme soon for road accident victims with Rs 2.5 lakh cap per caseFor the cashless scheme for road accident victims, the Ministry of Road Transport and Highways (MoRTH) will set up a Motor Vehicle Accident...
Kruzr gets Rs 9 cr as seed capitalThe funds will be deployed for expanding team and scaling up business.
Motor claims may fall if bill is passedThe sum insured is unlimited in case of fault liability claims.
IRDAI tells insurers to offer 3rd party motor cover onlineThe IRDAI circular follows SC Committee directive on Road Safety to ensure that all vehicles on the road have mandatory third party insuran...
Increase funds in STCs to compensate accident victims: CAGThe report revealed that of the liability of Rs 435.07 crore as compensation, the state Transport Corporations had paid Rs 207.72 crore.
Will Parliament pass Motor Vehicle Act (Amendment) Bill 2017 this monsoon session?The Bill is important due to radical changes in the law which is as old as 30 years. It proposes high penalties for various traffic offence...
Motor Vehicles Amendment Bill 2016: Driving sans licence to cost 900% more; Aadhaar must to get itThe Motor Vehicles Amendment Bill 2016 has raised fines significantly to make roads safer. It makes Aadhaar mandatory for driving licence a...
Intelligent driving solutions feature in new Motor BillThe Narendra Modi government has unveiled an ambitious 'vision' for reducing road fatalities by 20 per cent annually as part of the draft R...
Intelligent driving solutions feature in new Motor BillThe Narendra Modi government has unveiled an ambitious 'vision' for reducing road fatalities by 20 per cent annually as part of the draft R...
- SC asks govts to create fund for road accident claims
The Supreme Court has said that the government should create a special fund by imposing cess on sale of petrol or a one-time premium on sal...