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INSURANCE ORDINANCE
Govt readies farm safety net with banks, insurers as El Nino loomsThe government is enhancing financial safety nets for rural families. This initiative aims to cushion the impact of El Nino on farming. Eff...- India will do more to boost inflows: Finance Minister Nirmala SitharamanIndia plans further measures to attract foreign capital. Finance Minister Nirmala Sitharaman stated that additional steps will be taken if ...
- India makes big moves to attract foreign investments in bonds: How will this impact stock market?India has unveiled significant measures to attract foreign investment, including tax exemptions on government securities and increased inve...
- NPS Swasthya: A cushion, not fill-in, for health coverCan the NPS Swasthya scheme be an effective substitute for a comprehensive health insurance plan that covers hospitalisation and related ex...
- Despite Trump's naval blockade, Iran has not run out of cardsIran warns it could block vital shipping lanes including the Persian Gulf, Sea of Oman, and Red Sea. This move escalates tensions with the ...
- Government to bring Coal, Citizenship Bills in Lok SabhaThe government is understood to have decided that it will come up with new bills to replace the Coal and Insurance ordinances in the Lok Sa...
- Joint Session of Parliament not ruled out post-Budget sessionIn December, the President had promulgated the Ordinance on insurance and re-promulgated Coal Ordinance, a day after the conclusion of the ...
- IRDA likely to issue new norms for insurers' bank tie-upsIRDA chief made it very clear that voluntary compliance to 'open infrastructure' was a preferred option, the lack of it could force the reg...
- IRDA evaluating fresh norms for banks as insurance agentsThe banks have also been allowed to set up subsidiaries and joint venture companies for undertaking insurance business with risk participat...
- Insurers can hold only 5% in promoter company, stipulates new insurance ordinanceNew insurance ordinance also does away with existing 10% cap on the equity stake insurers can hold in other companies.
- Norms tightened for appointment of agents by insurersTo check ponzi-like activities in insurance sector, the new Ordinance has prohibited multi- layered agent structure for sale of insurance p...
- President Pranab Mukherjee questioned urgency on Land OrdinancePresident Pranab Mukherjee is learnt to have asked the Modi government for clarification before approving ordinance on land acquisition ref...
- Higher insurance FDI by Ordinance to remain validThe provisions allowing for higher penalty could be used only for violations committed, while the Ordinance is in force and will exist.
- Ordinance boost: Reliance Capital eyes foreign funds in insurance venturesReliance Capital would soon begin "active discussions" for Japanese giant Nippon Life hiking its stake in Reliance Life Insurance Company (...
- Trade unions slam coal, insurance ordinance; threaten strikeThe trade unions said coal workers have already decided to go on a five-day strike from January 6 to protest against de-nationalisation.
- Insurance Ordinance will help companies raise funds: Finance Minister Arun JaitleyThe Finance Ministry today said the Ordinance for insurance sector reform will help companies raise capital through new and innovative inst...
- President Pranab Mukherjee inks ordinances for insurance, coalThe government had promulgated these ordinances on Wednesday, a day after the winter session of parliament ended without passing these cruc...
- Reject ordinances on insurance, coal mines: CPI appeals to PresidentCPI urged to "reject" ordinances on FDI in insurance and coal mines allocation, a day after CPI(M) wrote to the President protesting agains...
- Centre decides to push insurance, coal reforms through President's seal following House hurdlesFinance Minister Arun Jaitley said the ordinances demonstrate the firm commitment and the determination of this government to reforms.
- Government mulls ordinance to up Insurance FDI capSenior ministers had even late last week played down the likelihood of an ordinance to push key economic legislation in the hope they would...
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