Bill to Hike FDI in Insurance to 100% Introduced
The Indian government introduces a landmark bill to allow 100% foreign direct investment in the insurance sector. Learn about the Sabka Bima Sabki Raksha Act and its potential impact.
The Indian government introduces a landmark bill to allow 100% foreign direct investment in the insurance sector. Learn about the Sabka Bima Sabki Raksha Act and its potential impact.
The new insurance bill aims for 100% FDI, easier access, and universal protection by 2047. Discover how it changes rules for LIC, IRDA, and policyholders.
Finance Minister Nirmala Sitharaman introduces Insurance Laws Bill, 2025, aiming for 100% FDI, enhanced policyholder protection, and 'Insurance for All by 2047'. Read the key amendments.
The Sabka Bima Sabki Raksha Bill 2025 aims to transform India's insurance sector with 100% FDI, niche licences, and a shift to regulation-driven oversight. Read the key changes.
A district finance head in Latur allegedly murdered a drunk man, burning him alive in a car to fake his own death and claim a Rs 1 crore insurance payout to clear Rs 97 lakh debt. Police cracked the case in 24 hours.
Essential guide for NRIs on term insurance in India. Learn about coverage, tax benefits under Section 80C & 10(10D), and crucial policy guidelines for financial security.
Galaxy Health Insurance announces its foray into travel insurance. MD & CEO G. Srinivasan reveals a ₹400 crore Gross Written Premium target by FY27 and launches a new integrated health product.
Government detects 489 fake GST registrations using forged PAN & Aadhaar, leading to ₹3,000+ crore tax evasion. Learn about the crackdown and new safety measures.
A debt-ridden Latur resident arrested for murdering a drunk man to stage his own death and claim ₹1 crore insurance. Police unravel the chilling plot.
Karnataka RERA directs builders to insure common areas, ruling they cannot leave residents to foot disaster repair bills. A recent fire case highlights the mandate.
Ernakulam consumer court rules denying claim for road accident treatment as unfair practice. Insurer ordered to refund Rs 94,276 with interest & compensation. Details inside.
India's life insurers are boosting trust with faster, digitized claim settlements. Explore the drivers, regulatory changes, and persistent challenges like nomination gaps. Learn what truly counts in life insurance.
Goa govt approves major overhaul of Kera Suraksha Insurance Scheme, making Rs 7 lakh coverage free for all coconut workers from 2025-26. Details inside.
A new report reveals India's health insurance shift towards real-time use policies. Maternity cover adoption soars 150-180%, OPD sees 40% utilisation. Discover the new trends.
IndiaFirst Life Insurance enters a strategic corporate agency partnership with Dombivli Nagari Sahakari Bank to offer tailored insurance solutions to the bank's customers in Maharashtra.
A new report reveals compact cars and SUVs account for three-fourths of motor insurance claims in India, while electric vehicles are the most expensive to repair. Discover the data shaping insurance premiums.
A new report reveals compact cars and SUVs dominate 75% of motor insurance claims in India, while EVs are the most expensive to repair. Discover key city-wise trends and insights.
Ghaziabad consumer commission orders Star Health to pay Rs 50k claim, rules treatment method is for doctors, not insurers, to decide. Read the full verdict details.
Noida's District Consumer Commission orders Reliance General Insurance to pay a policyholder's Rs 51,462 claim with interest, ruling that claims cannot be rejected on mere suspicion. Learn about the landmark decision.
Chandigarh's GST revenue grew 6% to Rs 243 crore in November 2025 compared to last year. However, October saw a 4% dip. Explore the city's tax collection trends and economic implications.
Shivamogga farmers are outraged over paltry compensation for rain-damaged crops, blaming faulty rain gauges and flawed data. MP vows to raise the issue in Parliament. Read more.
Dakshina Kannada MP Capt Brijesh Chowta intervenes to expedite delayed Weather-Based Crop Insurance Scheme (WBCIS) payments for thousands of eligible farmers. Read about the directive and the reasons behind the hold-up.
OICL announces 300 Administrative Officer vacancies for 2025. Revised registration from Dec 3-18. Check eligibility, salary up to ₹96,765, and apply now!
India's November GST collections fell to ₹1.7 trillion, raising questions on the stimulus effect of recent rate cuts. Read our analysis on the revenue trend and what it means for the economy.
GST collections grew marginally by 0.7% in November, reflecting the impact of recent rate cuts. Officials remain optimistic, citing a boost in consumption and taxable turnover.
Surat consumer court orders New India Assurance to pay a Rs 67,115 medical claim plus compensation, overturning rejection based on patient leaving hospital briefly for a bath. Details inside.
A Rajkot woman's insurance claim for knee surgery was rejected as 'experimental.' After 23 years of premiums, the consumer court ruled in her favour. Read the full story.
The Indian government is set to introduce a sweeping insurance reform bill, raising FDI to 100% and introducing composite licences. This aims to boost capital, competition, and penetration in the sector. Read more.
Lok Sabha approves Manipur GST Amendment Bill 2025, replacing the October ordinance. The move aligns state law with the new 5% and 18% tax slabs set by the GST Council. Read the full details.
Chola MS General Insurance expects improved performance in H2FY26. MD V. Suryanarayanan discusses motor portfolio, crop insurance plans, and rural expansion to 2.2 lakh gram panchayats. Read the full interview.