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Insurance penetration in the country was 3.4 per cent in 2015 against the world average of 6.2 per cent.

Insurers told to clear Karnataka flood claims fast

It also wants every insurer to appoint a nodal officer for the flood-affected areas.

10 Aug 2019 1:28 AM IST

Homebuyers can create accounts on the MahaReRA website.

Homebuyers can file insolvency cases: Supreme Court

The court described remedies under the Consumer Protection Act, 1986, and RERA as concurrent remediesâ€.

10 Aug 2019 1:24 AM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Banks cut rates, to roll out repo-linked loans

Bank of India said that it has cut the one-year MCLR where more than 80 per cent of its loan book sits by 25 bps,...

10 Aug 2019 1:24 AM IST

The gold jewellery exporters used 176 tonnes of gold for round-tripping while only 50 tonnes catered to genuine exports in 2018, as per the estimates of precious metals agency GFMS.

G&J exports dip in July

In 2018-19 also gems and jewellery exports had declined 5.32 per cent to $30.96 billion in 2018-19.

10 Aug 2019 1:24 AM IST

Income support schemes the Congresss Nyay for 20 per cent of the poorest households and the BJPs PM Kisan scheme for farmers with less than two hectare of land, are both progressive social protection measures.

Centre starts registration for Pradhan Mantri Kisan Maan-Dhan Yojana

Under the PM-KMY a monthly pension of Rs 3,000 will be provided to eligible farmers.

9 Aug 2019 3:40 PM IST

Ram Vilas Paswan

Inter-state portability of ration card starts in 4 states; across...

Government is targeting to roll out 'One Nation, One Ration Card' across the country by June 1, 2020.

9 Aug 2019 3:14 PM IST

Indian Railways (Photo: PTI)

Now you can do onboard shopping in Karnavati Express

Passengers can also make cashless payment using credit cards, debit cards, Google Pay and Paytm.

9 Aug 2019 1:33 PM IST

Around 200-300 retail service providers (RSP) registering daily with the Indian Railway IRCTC.

Online train tickets to get costlier as IRCTC restores service charge

The service charges were withdrawn three years ago to promote digital payments.

9 Aug 2019 1:29 PM IST

Supreme Court of India (Photo: File)

SC upholds IBC amendments, status of homebuyers as financial creditors

The bench said only genuine homebuyers can invoke insolvency proceedings against the builder.

9 Aug 2019 12:09 PM IST

Analysts hold a positive view on banks that are getting out of the corporate NPL cycle as compared to banks that focused more on the retail cycle in the past few years.

Rs 3 tln of capital infusion only helped PSBs trim losses, not drive...

The capital infused was largely consumed to tide over losses resulting from provisions required on non-performing...

9 Aug 2019 9:14 AM IST

The major use of plastics happens in restaurants and in the form of bottles.

China's waste ban boosts recycling market

The volumes generated are also set to grow from 29,493.7 million tonne to 30,190.0 million tonne.

9 Aug 2019 1:22 AM IST

EY to investigate Coffee Day incidents

Siddhartha's widow Malavika Hegde has been appointed as an additional member of executive panel.

9 Aug 2019 1:20 AM IST