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"India's Financial System Diverse, Driven By Rapid Economic Growth": IMF Report
The report observed that India's insurance sector is strong and growing, with a significant presence in both life and general insurance.
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LIC Requests RBI To Introduce 100-Year Government Bonds
Life insurance giant LIC has requested the Reserve Bank to introduce long-term government bonds, including 100-year paper as well, a top official said on Tuesday.
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"Vile, Insensitive": PolicyBazaar's Term Life Insurance Ad Faces Backlash
A Policybazaar advertisement, aired during the high-stakes India-Pakistan ICC Champions Trophy match on JioHotstar on Sunday, has drawn sharp criticism for being "insensitive" and "vile".
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LIC Introduces Smart Pension Plan For Secure Retirement And Family Benefits
The LIC Smart Pension Plan offers a non-participating, non-linked individual and group savings immediate annuity solution.
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Anupam Mittal Shares Personal Loss Story To Highlight Importance Of Life Insurance
Anupam Mittal, the founder and CEO of Shaadi.com, recently took to LinkedIn to share a personal experience to highlight the importance of life insurance.
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A Body In Burnt Car Leads Cops To Gujarat Hotelier's Grisly Plan To Clear Debts
A debt-ridden hotelier in Gujarat's Banaskantha district faked his death in a car accident to claim life insurance worth Rs 1.26 crore. The meticulous plan, however, was foiled by the police. Dalpat Singh Parmar is on the run
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55th GST Council Meet Defers Decision On Health Insurance Premium Rate Cuts
The Goods and Services Tax (GST) Council on Saturday deferred the decision on rate cuts on life and health insurance premiums, as some more technicalities need to be ironed out.
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Man In China Gets Death Penalty After Pushing Wife Into Sea For Insurance Money
Li had purchased four life insurance policies for his wife just two months after their marriage, naming himself as the sole beneficiary.
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HDFC Life Insurance Reports Data Leak, Assesses Impact of Breach
HDFC Life Insurance on Monday said there have been some instances of data leaks and assessing potential impact of this breach.
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LIC Blames "Technical Problem" As Tamil Nadu Protests Website's Switch To Hindi
MK Stalin did not mince words. A "propaganda tool for Hindi imposition", is how the Tamil Nadu Chief Minister Stalin described the switch to Hindi by the State-run insurer Life Insurance Corporation of India or LIC on its website on Tuesday.
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JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
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UP Woman Killed For Life Insurance Money, 3 Arrested: Cops
Police have arrested three people in connection with the killing of a woman in connivance with her husband for insurance money merely a year after her marriage.
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Group Of Ministers To Look Into GST Rate Cut Demand On Health Insurance: Nirmala Sitharaman
GST Council headed by Union Finance Minister Nirmala Sitharaman on Monday decided to set up a Group of Ministers (GoM) on reducing tax rate on life and health insurance and cut GST on cancer drugs and namkeens.
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LIC Ordered To Pay Rs 50 Lakh For Covid Policy Premium Payer's Family
A district-level consumer disputes commission in Kerala has ordered Life Insurance Corporation (LIC), India's largest insurer, to pay Rs 50 lakh in compensation to the family of a policy premium payer who succumbed to COVID-19, citing the insurer's t
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LIC Gets GST Demand Notice Of Rs 605.58 Crore
Life Insurance Corporation of India (LIC) on Thursday said tax authorities have slapped a demand notice of about Rs 605.58 crore on it for short payment of Goods and Services Tax (GST) for financial year 2019-20.
-
"India's Financial System Diverse, Driven By Rapid Economic Growth": IMF Report
The report observed that India's insurance sector is strong and growing, with a significant presence in both life and general insurance.
-
LIC Requests RBI To Introduce 100-Year Government Bonds
Life insurance giant LIC has requested the Reserve Bank to introduce long-term government bonds, including 100-year paper as well, a top official said on Tuesday.
-
"Vile, Insensitive": PolicyBazaar's Term Life Insurance Ad Faces Backlash
A Policybazaar advertisement, aired during the high-stakes India-Pakistan ICC Champions Trophy match on JioHotstar on Sunday, has drawn sharp criticism for being "insensitive" and "vile".
-
LIC Introduces Smart Pension Plan For Secure Retirement And Family Benefits
The LIC Smart Pension Plan offers a non-participating, non-linked individual and group savings immediate annuity solution.
-
Anupam Mittal Shares Personal Loss Story To Highlight Importance Of Life Insurance
Anupam Mittal, the founder and CEO of Shaadi.com, recently took to LinkedIn to share a personal experience to highlight the importance of life insurance.
-
A Body In Burnt Car Leads Cops To Gujarat Hotelier's Grisly Plan To Clear Debts
A debt-ridden hotelier in Gujarat's Banaskantha district faked his death in a car accident to claim life insurance worth Rs 1.26 crore. The meticulous plan, however, was foiled by the police. Dalpat Singh Parmar is on the run
-
55th GST Council Meet Defers Decision On Health Insurance Premium Rate Cuts
The Goods and Services Tax (GST) Council on Saturday deferred the decision on rate cuts on life and health insurance premiums, as some more technicalities need to be ironed out.
-
Man In China Gets Death Penalty After Pushing Wife Into Sea For Insurance Money
Li had purchased four life insurance policies for his wife just two months after their marriage, naming himself as the sole beneficiary.
-
HDFC Life Insurance Reports Data Leak, Assesses Impact of Breach
HDFC Life Insurance on Monday said there have been some instances of data leaks and assessing potential impact of this breach.
-
LIC Blames "Technical Problem" As Tamil Nadu Protests Website's Switch To Hindi
MK Stalin did not mince words. A "propaganda tool for Hindi imposition", is how the Tamil Nadu Chief Minister Stalin described the switch to Hindi by the State-run insurer Life Insurance Corporation of India or LIC on its website on Tuesday.
-
JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
-
UP Woman Killed For Life Insurance Money, 3 Arrested: Cops
Police have arrested three people in connection with the killing of a woman in connivance with her husband for insurance money merely a year after her marriage.
-
Group Of Ministers To Look Into GST Rate Cut Demand On Health Insurance: Nirmala Sitharaman
GST Council headed by Union Finance Minister Nirmala Sitharaman on Monday decided to set up a Group of Ministers (GoM) on reducing tax rate on life and health insurance and cut GST on cancer drugs and namkeens.
-
LIC Ordered To Pay Rs 50 Lakh For Covid Policy Premium Payer's Family
A district-level consumer disputes commission in Kerala has ordered Life Insurance Corporation (LIC), India's largest insurer, to pay Rs 50 lakh in compensation to the family of a policy premium payer who succumbed to COVID-19, citing the insurer's t
-
LIC Gets GST Demand Notice Of Rs 605.58 Crore
Life Insurance Corporation of India (LIC) on Thursday said tax authorities have slapped a demand notice of about Rs 605.58 crore on it for short payment of Goods and Services Tax (GST) for financial year 2019-20.
