Life insurance rule change: From October 1, 2024, you will get higher refund when you surrender your life insurance policyPolicyholders exiting traditional life insurance get more money back starting October 1, 2024. Irdai has asked the insurance companies to o...
Life insurers pushing sales before start of new regimeLife insurers are pushing sales aggressively to lock in customers before the new surrender value norms take effect on October 1. These new ...
Life insurers' margins may take a hit on early surrender directiveInsurance companies in Mumbai are adapting to IRDAI's directives on surrender values, anticipating an impact on new business margins. Insur...
Higher refund on premature exit from life insurance policy as IRDAI introduces new surrender value rule; check how much you will getLife Insurance Policy Surrender Value Rule Changes: To curb mis-selling of life insurance plans, IRDAI has introduced a higher special surr...
IRDAI asks life insurers to offer surrender value in first yearThe regulator issued a master circular, which mandates insurers to pay special surrender value (SSVs) after the first policy year, provided...
Insurers worried over surrender value ruleLife insurance companies have expressed concerns over proposed regulatory changes that would offer higher surrender values to policyholders...
India eyes nationwide use of 1% sustainable aviation fuel by 2025, says Oil MinisterThe Indian government plans to mandate the use of 1% of sustainable aviation fuel (SAF) by 2025 in order to reduce emissions from the secto...
Indian Oil plans green jet fuel plant to meet surging demandThe International Civil Aviation Organization last year adopted a target to cut emissions to net zero by 2050, and SAF has long been seen a...
Indian Oil unveils indoor solar cooking stove, Surya NutanSurya Nutan, which has been developed by IOC's research and development division at Faridabad, always stays in the kitchen and a cable carr...
India increasing ethanol storage, targets 20% blended gasoline by 2025Prime Minister Narendra Modi has pledged to achieve net-zero carbon emission by 2070, and is encouraging industries to switch to cleaner op...
WeSkill raises over $400,000 in pre-seed funding roundWeSkill, an online platform that enables live and interactive extracurricular learning for children, has raised more than $400,00 from ange...
State-run oil companies venturing into green hydrogenIndianOil, the nation’s largest fossil fuel retailer, aims to build a hydrogen distribution network in the future and is already testing th...
Shrikant Vaidya to be the next chairman of IOCVaidya is currently director finance at IOC. He would be taking over from the current Chairman Sanjiv Singh, who will retire from the posit...
MahaRERA rules that developer-broker dispute can’t come in way of homebuyer refundMaharashtra RERA directed SSV Developers to refund Rs 65 lakh with interest to home buyer, ruled that the developer cannot cite his dispute...
Bid rigging: CCI slaps Rs 12 crore fine on coal transportation companiesAfter a detailed investigation on a complaint filed by Western Coalfields, the regulator found that these entities indulged in bid rigging.
Chhattisgarh government inks investment deals worth Rs 2,000 crore with 3 private companiesMoUs involving investment in food processing, defence product manufacturing and mineral resources sectors in the stat was signed.
HC refuses relief to builder who challenged MoD's decisionFollowing the MoD's letter, the SRA directed the petitioner to stop construction work. The petitioners then approached the MoD and sought N...