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INCONTESTABLE CASES
Power Ministry issues draft rules for change in law to allow quick compensation to power plantsThe move is aimed at avoiding long drawn regulatory procedures for incontestable cases, adding to stress in the already troubled sector. It...
Insurer can't reject your claim if you meet this criteriaNew guidelines for health insurance plans issued by IRDAI favour policyholders but premiums could rise.
How the 3-year clause impacts life insurance claimsRegardless of whether a claim has arisen or not and when it is intimated, once the period of 3 years is over, the policy cannot be called i...
How IRDAI panel proposes to make health insurance more buyer-friendlyAn Irdai constituted panel has recommended a simpler definition of pre-existing diseases to prevent any disputes over interpretation.
Diseases after health policy purchase should be covered: Irdai panelIrdai had set up a working group for standardisation of exclusions in health insurance contracts in July this year.
Jinnah as victim of intolerance? That turns history on its headThe anti-Jinnah clamour would have soon petered out. What fanned the outcry was the perceived intellectual duplicity in presenting Jinnah i...
New NPA rules: Power producers' body accuses RBI of overruling House panelIt also sought a special dispensation from RBI saying their defaults are caused mostly by non-payment/delayed payments by state discoms and...
Power producers ask RBI to relax default clauseThe power producers have requested that the central bank relaxes the “default” clause from one-day delay in debt servicing and classify the...
UPA-II moving from one crisis to another, often of its own makingThis isn't about Congress or whoever forms the government in Delhi. The sooner elections are held the better it will be for the country.
- Warehouse receipt recognition to help lenders & borrowers
Pledge financing in commodity trade is not new to India. It had been in practice for the last three decades.