INSURANCE

  • Despite Lok Sabha nod, fate of Insurance Bill hangs in balance Yesterday

    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 2 days ago

    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 2 days ago

    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 2 days ago

    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 3 days ago

    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 3 days ago

    "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 6 days ago

    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 6 days ago

    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...
  • 'If I were FM, I would increase the number of government medical colleges' February 18, 2015

    Dr Manoj Gumber, a nephrologist based in Ahmedabad, has worked in both the government sector as well as the private sector that delivers healthcare to people. He says the number of government medical colleges that have been set up over the past four decades is grossly low, medical insurance still...
  • Tiger Woods pulls out of Torrey Pines after 11 holes February 6, 2015

    Former world number one Tiger Woods withdrew from the opening round of the Farmers Insurance Open at Torrey Pines on Thursday after 11 holes, having suffered from a stiff back. Woods, who underwent back surgery last year, was in obvious discomfort from the outset of his round after being forced to...
  • Struggling Tiger Woods says focus is on being ready for Masters February 5, 2015

    Tiger Woods coming off his worst score as a professional, was not overly concerned with his less-than-stellar pro-am showing on Wednesday, saying instead he is focused on peaking in time for the Masters. Rather than talking up his chances of winning his 80th PGA Tour event at this week's Farmers Insurance...
  • Centre to take ordinance route to effect changes in Land Acquisition Act December 27, 2014

    New Delhi: After yet another winter session of Parliament was washed out, wherein the Narendra Modi government failed to pass crucial economic reforms, it is now planning the ordinance route to make changes to the Land Acquisition Act. The government plans to exclude 13 central laws to clear several infrastructure and...
  • Bullet News: Catch the day's top stories December 24, 2014

    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 Karma Paljor December 24, 2014

    Catch the day's top stories with Karma Paljor on India @ 9. ...
  • News 360: Bharat Ratna announced; Vajpayee, Malaviya honoured December 24, 2014

    President Pranab Mukherjee on Wednesday approved the government's request to award Bharat Ratna to former prime minister Atal Bihari Vajpayee and educationist Pandit Madan Mohan Malaviya. The announcement was made just a day before Vajpayee's 90th birthday. ...
  • Cabinet approves ordinances for coal auction, insurance reforms December 24, 2014

    New Delhi: After failing to pass the Insurance Bill as a result of repeated disruptions in the Winter session of Parliament, the government has cleared an ordinance to raise the cap of Foreign Direct Investment (FDI) in the Insurance sector. The Union Cabinet has also cleared the ordinance for implementation...
  • Political obstruction makes PM Modi's road to reform a rocky one December 24, 2014

    New Delhi: Parliamentary obstruction scuppered Prime Minister Narendra Modi's economic agenda in a month-long session that ended on Tuesday, and the prospect of further deadlock means he will find it hard to deliver quickly on promises of reform. Lawmakers left without voting on a long-delayed Bill to raise the cap on...
  • Opposition parties harming people's interests by blocking Bills: Naidu December 22, 2014

    New Delhi: Hitting out at opposition parties, Union Minister M Venkaiah Naidu on Monday said they were raising the conversion issue to derail the Narendra Modi government's agenda of development and good governance and accused them of "blocking" important Bills in Parliament. After the opposition parties stalled proceedings in Parliament, Naidu...
  • Tihar inmates to get life insurance cover under Jan Dhan Yojna December 21, 2014

    New Delhi: Inmates of Delhi's high-security Tihar jail will soon get life and accidental insurance cover as the prison administration, in collaboration with Indian Bank, has decided to get their accounts opened under the Jan Dhan Yojna. As per the scheme, the inmates will come under accidental insurance cover of Rs...
  • Two days left in winter session, fate of Insurance, Coal Bills hang in balance December 20, 2014

    New Delhi: With only two working days left in the winter session of Parliament, the fate of the government's economic reform agenda, particularly the Insurance Bill and the Coal Bill, hangs in balance in view of strong opposition by some parties. The Insurance Bill, which provides for raising FDI cap from...
  • PM Modi may order insurance, coal reforms if vote delayed: officials December 20, 2014

    New Delhi: Prime Minister Narendra Modi may consider using an executive order to push through laws overhauling the insurance and coal sectors, if the increasingly fractious Parliament fails to pass them soon, two government officials said. Bitter and sometimes sectarian disputes between ruling party and opposition lawmakers have held up a...
  • Will not allow political obstructionism to stop Insurance Bill: Arun Jaitley December 20, 2014

    New Delhi: A day after introducing the long-pending GST Bill in the Lok Sabha, Finance Minister Arun Jaitley on Saturday said the government is "extremely determined" to push insurance sector reforms and will not allow political obstructionism to stop it. "The government is extremely determined to go ahead with this (insurance...
  • Delhi HC orders free liver transplant for poverty-stricken 10-year-old boy December 20, 2014

    New Delhi: The Delhi High Court on Friday directed the Institute of Liver and Biliary Sciences (ILBS) to immediately commence free treatment of a 10-year-old patient who urgently needs a liver transplant. Justice Vibhu Bakhru also directed Employee's State Insurance Corporation (ESIC) to consider the case of the kid for grant...
  • Live: Lok Sabha passes Companies Amendment Bill December 17, 2014

    A crucial day for the Narendra Modi government in Parliament on Wednesday as Finance Minister Arun Jaitley will present Insurance Amendment Bill for consideration and passing in Rajya Sabha. The Bill aims to hike the foreign direct investment from 26 per cent to 49 per cent. ...
  • Arun Jaitley to present Insurance Amendment Bill in Rajya Sabha today December 17, 2014

    New Delhi: A crucial day for the Narendra Modi government in Parliament on Wednesday as Finance Minister Arun Jaitley will present Insurance Amendment Bill for consideration and passing in Rajya Sabha. The Bill aims to hike the foreign direct investment from 26 per cent to 49 per cent. The passing of...