INSURANCE

  • Insurance Bill passage shows firm commitment of Indian government: US insurance organisation 7 hours 47 minutes ago

    Washington: Describing the passage of India's Insurance Bill that raises the FDI cap to 49 per cent as a "substantial step", an influential US insurance organisation has lauded the new government for going ahead with the economic reforms and infusing new energy. "The ability of the government to build a...
  • Prime Minister Narendra Modi to launch insurance, pension schemes on May 9 5 days ago

    New Delhi: Prime Minister Narendra Modi will launch the flagship social security schemes, including Rs 2 lakh accident cover at a premium of just Re 1 per month, in Kolkata on May 9. These schemes, to be launched by Narendra Modi, are aimed at providing affordable universal access to essential social...
  • Government to introduce new insurance scheme for farmers soon April 21, 2015

    New Delhi: Coming to the rescue of farmers, Agriculture Minister Radha Mohan Singh on Tuesday announced that a new insurance scheme for farmers will be introduced soon. The Lok Sabha on Tuesday took up the issue of compensation for farmers who have incurred heavy losses due to unseasonal rain. The issue...
  • IRCTC to offer baggage insurance for train passengers April 19, 2015

    New Delhi: Aiming at providing passengers more facilities for booking tickets online, IRCTC is planning to offer a new service of 'baggage insurance' for them. Under this, a customer will be offered additional services like insurance coverage for baggage while booking e-tickets on the IRCTC website. As per the offer,...
  • Insurance company will offer you a discount if you let them track when you are having sex April 16, 2015

    New Delhi: An American insurance company aims to offer its customers discounts and freebies who agree to wear an activity tracker that could, of course, monitor your sex activities! Traditionally insurance companies based their offerings on your medical history and age, among other factors. However, insurance company John Hancock has...
  • Tiger Woods falls out of the top 100 in the world March 30, 2015

    Virginia Water, England: For the first time since 1996, Tiger Woods is not among the top 100 golfers in the world ranking. Woods, who hasn't played since he withdrew from the Farmers Insurance Open on February 6, falls to No. 104 this week. The last time he was out of the...
  • Australia's IAG to up stake in joint venture with SBI March 26, 2015

    Mumbai: Insurance Australia Group Ltd will raise its stake to the maximum allowed 49 per cent in a general insurance joint venture with State Bank of India, the lender said on Thursday, following rule changes in March IAG currently owns 26 per cent of SBI General Insurance, with SBI, India's largest...
  • Only 2 per cent of large British firms have insurance against cyber attacks: Report March 23, 2015

    London: Only 2 per cent of large British firms have separate insurance against cyber attacks and the number dwindles to nearly zero for smaller firms, the government said in a report on Monday. Responding to concern that companies are not protected against the risks of cyber attacks, which cost billions of...
  • Faced tease,taunts during passage of Insurance Bill, says Jayant Sinha March 22, 2015

    New Delhi: Piloting the Insurance Amendment Bill was not just a political and professional challenge for Jayant Sinha as he also faced "teasing" and "taunts" over the stand his father as a former finance minister took on allowing foreign investment in the sector. Recalling the debate in Parliament on the passing...
  • Let's Talk Health: How to manage diabetes March 21, 2015

    In this episode of 'Let's Talk Health', health experts discuss all about diabetes and its treatment. 'Let's Talk Health' is a new show by CNN-IBN in which each episode talks about how to beat the disease in question with the right diet and exercise, and also demonstrates how relevant technology...
  • Insurance sector to get lot of foreign investment: Arun Jaitley March 20, 2015

    New Delhi: With the passage of three key economic legislations in Parliament, Finance Minster Arun Jaitley on Friday exuded confidence that the insurance sector is expected to get a lot of foreign investment. "Three major pieces of legislations-- the insurance law, the mining law, the coal allocation bill have all been...
  • Let's Talk Health: Hypertension - a silent killer March 15, 2015

    In this very first episode of 'Let's Talk Health', health experts discuss all about hypertension and its impact on your health. 'Let's Talk Health' is a new show by CNN-IBN in which each episode talks about how to beat the disease in question with the right diet and exercise, and...
  • Rupee breaches 63-mark against, ends 47 paise down at 62.97 on weak stocks March 13, 2015

    Mumbai: The Indian rupee on Friday breached the the 63-mark intra day against the Greenback and ended with a sharp loss of 47 paise at 62.97 on sustained dollar demand from importers amid weakness in local shares. It crossed the 63-level after two months as it hit a low of...
  • PM Modi passes first major economic reform with insurance overhaul March 13, 2015

    New Delhi: Prime Minister Narendra Modi passed his first major economic reform almost a year after coming to power, as Parliament voted late on Thursday to allow more foreign investment in the insurance sector. Lawmakers in the Upper House agreed to increase the foreign investment limit in local insurers to 49...
  • Insurance Bill passed in Rajya Sabha March 12, 2015

    New Delhi: Despite opposition protests, the Rajya Sabha on Thursday passed the insurance sector amendment bill, which seeks to hike the foreign equity cap on domestic companies from 26 per cent to 49 per cent. Formally called the Insurance Laws (Amendment) Bill, the measure seeks to replace an ordinance that was...
  • Insurance Bill in Rajya Sabha after heated debate on technicalities March 12, 2015

    New Delhi: A controversial Bill providing for raising the FDI cap in insurance sector to 49 per cent was introduced in Rajya Sabha on Thursday but not before a heated debate and adjournments over technicalities as a similar legislation was pending in the House. The Insurance Laws (Amendment) Bill, 2015...
  • 10 days after going on sabbatical, Rahul reaches out to Mulayam ahead of crucial week of Parliament March 7, 2015

    New Delhi: Ten days after going on a sabbatical, Congress Vice President Rahul Gandhi on Saturday reached out to Samajwadi Party supremo Mulayam Singh Yadav ahead of the crucial week of Parliament. The Narendra Modi government is aiming at passing Land Acquisition Amendment Bill in Lok Sabha and Insurance Bill in...
  • Despite Lok Sabha nod, fate of Insurance Bill hangs in balance March 5, 2015

    New Delhi: Fate of the Insurance Bill hangs in balance with the Congress expressing its opposition to the manner in which it was brought and approved by Lok Sabha and the government hinting at the possibility of a Joint Session to clear the key reform measure. With the BJP and its...
  • Bullet News: Catch the day's top stories March 4, 2015

    Bullet News is CNN-IBN's non-stop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...
  • India @ 9 with Palki S Upadhyay March 4, 2015

    Catch the day's top stories with Palki S Upadhyay on India @ 9. ...
  • Lok Sabha passes Insurance Bill raising FDI cap to 49 per cent March 4, 2015

    New Delhi: The long-pending Insurance Bill, a key economic reform legislation providing for raising foreign investment cap to 49 per cent, was on Wednesday passed by Lok Sabha with the government insisting that the measure is crucial for expanding the penetration of insurance in the country. The controversial Insurance Laws (Amendment)...
  • Insurance Bill introduced in Lok Sabha amid opposition March 3, 2015

    New Delhi: A key economic reform bill, providing for raising the FDI cap in insurance sector to 49 per cent, was introduced in Lok Sabha on Tuesday amid stiff opposition by Left and TMC. The Insurance Laws (Amendment) bill, 2015, seeks to replace an ordinance issued by the government earlier,...
  • Along with Congress-ruled states, we will focus on India's social issues to take the nation forward, says PM Modi March 3, 2015

    "In a democracy threats do not work. This nation did not bend during the Emergency also," says PM Modi....
  • Union Budget proposes schemes to widen social security net February 28, 2015

    New Delhi: In order to ensure social security and promote public health, the government on Saturday proposed a slew of schemes like Pradhan Mantri Suraksha Bima Yojna, ATAL Pension Yojana and tax incentives for National Pension System. "A large proportion of India's population is without insurance of any kind - health,...
  • How a tax payer can save Rs 4.44 lakh February 28, 2015

    New Delhi: In the first full-fledged Budget of the Narendra Modi government, Finance Minister Arun Jaitley on Saturday extended benefits to middle class tax payers which would result in saving of Rs 4.42 lakh. The increase in limit of deduction in health insurance premium, Pension Fund, New Pension Scheme,...
  • Union Budget 2015: Fiscal reforms will determine ratings, says Moody's February 25, 2015

    Mumbai: Moody's Investors Service said on Wednesday that its assessment of India's credit ratings will be determined mainly by the extent of its fiscal reforms, not recent revisions to its economic growth data. The comments come a day after rival Standard & Poor's said India must boost growth, cut its fiscal...
  • Investors looking for a 'growth oriented budget' February 24, 2015

    Earnings of the companies dictate the stock prices of the companies in the long term - says the old wisdom. Though the sentiment is buoyant in Indian stock markets, most long term investors are worried about earnings growth. No wonder investors are looking at the forthcoming budget with a lot...
  • Union Budget 2015: Government should give more tax sops to insurance, says Max Life February 24, 2015

    Upcoming first full year Union Budget of the Finance Minister, Arun Jaitley, would be carefully matched, as it is expected to provide directional clarity on the Modi Governments economic agenda. This is the time and the biggest opportunity for the Government to showcase its vision for the economy and industries....
  • Pre-Budget expectations for commodity markets: Religare February 24, 2015

    The market, like every time, has huge expectations and this time, hopes are revolving around lowering of subsidy burden, widening the tax net, supportive policies for the industry and rational allocation of funds. Also, some key points present in the agenda of the new government which should form part of...
  • Foreign direct investment doubles to $2.16 billion in December February 22, 2015

    New Delhi: Foreign direct investment (FDI) in India almost doubled to $2.16 billion in December 2014, compared to $1.10 billion in the same month of 2013. During the April-December period of the current fiscal, FDI rose by 27 per cent to $21.04 billion as against $16.56 billion in the same period...