An NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...

The government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, valued at approximately Rs 1,263 cror...

Two promoter-group charitable entities of Motilal Oswal Financial Services sold shares worth about Rs 153 crore through block deals, with H...

Finance Minister Nirmala Sitharaman announced over 58 crore Jan Dhan accounts have integrated millions into formal banking. The Pradhan Man...

A new general insurance company, Kiwi General Insurance, is set to launch in India. Backed by WestBridge Capital and Neelesh Garg, it plans...

Insurance CEOs’ remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A t...

One of the biggest advantages of a group policy is the waiver of the maternity waiting period. In individual policies, maternity typically ...

Life Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to increase long-term investment opt...

India’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...

Families need more than ₹1 crore in term insurance. Rising expenses and loans mean a higher cover is essential. Experts suggest ₹1.5 crore ...

Life Insurance Corporation of India (LIC) has increased its stake in Maruti Suzuki above the 5% threshold after purchasing 51,750 shares th...

India's insurance market is set for rapid expansion, becoming the world's fastest-growing. Projections show significant annual growth over ...

Top executives are exiting established general insurance firms to launch new entrepreneurial ventures. This trend is fueled by India's vast...

A software engineer's father's health insurance claim was denied by HDFC ERGO due to an alleged alcohol history. The insurer repudiated the...

Generali Central Life Insurance plans to double its business to Rs 2,000 crore in three years. The company will leverage its partnership wi...

Insurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an opera...

Indian life insurers are asking the government to double the tax-free limit for insurance policies. This move aims to increase money flowin...