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NEW INSURANCE BILL INDIA
Delimitation Bill to return with 50% seat increase clause, says NaiduAndhra Pradesh Chief Minister N Chandrababu Naidu confirmed the BJP-led NDA government will reintroduce the Delimitation Bill, ensuring a 5...- Govt to sell up to 5% stake in insurer GIC via OFSThe Indian government is set to divest up to a 5% stake in General Insurance Corporation. This offer for sale begins for non-retail investo...
- US Supreme Court rejects TCS appeal in $168 million trade secrets caseThe U.S. Supreme Court has refused to hear Tata Consultancy Services' appeal. This upholds a $168 million award against Tata. DXC Technolog...
- NSE Indices launch 11 new sectoral indices including Nifty Power and Nifty HospitalsNSE Indices has introduced 11 new sectoral benchmarks, taking its total sectoral index count to 34. The move aims to deepen sector-specific...
- US-Iran peace deal brings relief, but India turns to a risk at homeIndia just got a near-term macroeconomic breather from a US-Iran peace deal. However, early monsoon weakness and potential El Niño conditio...
- No Covid, yet Rs 3.71 lakh hospital bill: Gujarat man's insurance paid only Rs 1.78 lakh, deducting Rs 1.64 lakh; Then court delivered justiceA Gujarat consumer commission ordered a hospital and doctor to refund Rs 1.64 lakh to a patient. The patient was wrongly billed under a Cov...
- India's trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blowIndia's trade deficit saw a slight reduction in May. A recent US-Iran agreement is bringing welcome relief. This deal is expected to stabil...
- The old health insurance model sees hospitalisation as an inconvenience, says Narayana Health's Viren Prasad Shetty; bets on managed care modelIt has been close to two years since Narayana Health’s wholly owned subsidiary, Narayana Health Insurance—which has adopted a ‘managed heal...
- The hidden cost of looking better: What health insurance covers, and what it leaves you to payRising demand for weight-loss drugs, cosmetic procedures and wellness treatments is creating a growing out-of-pocket healthcare expense cat...
- US-Iran peace deal may help boost India's exports, stabilise rupeeA peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's ex...
- LIC targets stronger market leadership as it approaches its platinum jubileeLIC CEO R Doraiswamy stated the corporation will maintain its leadership in the life insurance sector and contribute to national developmen...
- GIC's common empanelment of hospitals win-win for all stakeholders: IFFCO-TOKIO MDThe General Insurance Council is introducing a common hospital empanelment platform. This initiative aims to streamline processes for over ...
- Dream vacation turns into nightmare: Traveller spends days in coma, then slapped with $147,000 medical bill after more than a yearAn Ontario man's dream Mexico vacation became a $147,000 medical nightmare after a severe illness, seizures, and coma. His travel insurance...
- Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.
- Proposed commission caps may drive consolidation in insurance distribution: Acko CEOAcko founder Varun Dua anticipates regulatory changes to insurance distributor commissions will drive consolidation and professionalization...
- BYD to launch its hybrid SUV based on DM-i Hybrid tech with driving range of more than 1,200km in India: Check detailsBYD India is set to launch its first plug-in hybrid SUV, the Seal U, later this year, featuring the company's electric-first DM-i technolog...
- Life insurers' premium income up 19% in Apr-MayLife insurance premiums surged 19% to ₹62,581 crore in April-May, fueled by strong individual policy sales and improved retail demand post-...
- These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analystsIf oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these ...
- Kiwi targets Rs 5,000 crore premium book with AI-led insurance modelA new general insurance company, Kiwi General Insurance, is set to launch in India. Backed by WestBridge Capital and Neelesh Garg, it plans...
- Insurance CEOs’ pay now linked to claims and customer grievances: What it means for policyholdersInsurance CEOs’ remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A t...
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