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Parliament Passes Bill Allowing 100% FDI In Insurance Sector
Parliament on Wednesday passed the 'Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025', with Finance Minister Nirmala Sitharaman assuring that opening up sector will attract new insurers, intermediaries and allied service providers.
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Insurance Amendment Bill Introduced In Lok Sabha, Proposes 100% FDI
Finance Minister Nirmala Sitharaman introduced the Insurance Laws (Amendment) Bill, 2025, titled "Sabka Bima Sabki Raksha", aiming to strengthen policyholder protection, deepen insurance penetration and accelerate the growth of the insurance sector.
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Cabinet Approves Bill To Raise Foreign Direct Investment In Insurance Sector To 100%
Finance Minister Nirmala Sitharaman had proposed to raise the foreign investment limit to 100 per cent from the existing 74 per cent in the insurance sector.
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9 Essential Tips To Pick The Best Travel Insurance For Your Next Trip
A solid travel insurance won't fix everything, but it does mean that if the worst happens, you're not footing the entire bill alone.
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Government's Big Move To Check Inflated Hospital Bills Due To Insurers: Report
India plans to bring an existing health insurance claims portal under the finance ministry and insurance regulator to curb overcharging by healthcare providers, a government source told Reuters.
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What's New in the Senate Version of Trump's Tax and Spending Bill
Senate Republicans plan to modify President Donald Trump's massive fiscal package to lower maximum deductions for state and local taxes and limit the impact of a "revenge" tax on foreign investors.
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British Couple Faces Rs 1 Crore Medical Bill After Falling Down TikTok Waterfall In Thailand
A British couple's vacation in Thailand turned tragic when 23-year-old soldier Liam fell 30 feet from a waterfall he discovered on TikTok.
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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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Indian American Physician, 51, Pleads Guilty To Healthcare Fraud
A 51-year-old Indian American physician from the Chicago area has pleaded guilty to a federal healthcare fraud by billing Medicaid and private insurers for nonexistent services.
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JioFinance App With UPI, Banking Services Launched in Beta By Jio Financial Services
JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...
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UK Family Hit With Over Rs 1 Crore Medical Bill After Travel Insurance Error
The family advises travelers to review their insurance, as an error in completing a form resulted in an invalidated policy.
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All Lift Users To Be Insured? What UP's Draft Bill Says
A month after eight workers died in an elevator crash in Greater Noida, the Uttar Pradesh government has finalised the draft of a bill making annual maintenance of elevators and insurance for their users mandatory.
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What Italy's New 'Right To Be Forgotten' Bill Means For Cancer Patients
An Italian law giving cancer survivors the right not to declare their past condition to banks and insurance agencies, shielding them from discrimination, has been approved by the lower house of parliament.
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Paytm Payments Bank Wins Final RBI Nod, Can Operate as Bharat Bill Payment Operating Unit
Paytm Payments Bank said on Monday that the company had received final approval from the Reserve Bank of India to offer bill payment services in the country. The service can now function as a Bharat Bill Payment Operating Unit (BBPOU) in India, with support for bill payment services of electricity, phone, DTH, water, gas insurance, loan repayments,...
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Opposition Accuses Centre Of Bulldozing Insurance Law Through Rajya Sabha
Opposition parties alleged today that the government bulldozed the insurance Bill through Rajya Sabha and "brute force" was used against members in the House.
-
Parliament Passes Bill Allowing 100% FDI In Insurance Sector
Parliament on Wednesday passed the 'Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025', with Finance Minister Nirmala Sitharaman assuring that opening up sector will attract new insurers, intermediaries and allied service providers.
-
Insurance Amendment Bill Introduced In Lok Sabha, Proposes 100% FDI
Finance Minister Nirmala Sitharaman introduced the Insurance Laws (Amendment) Bill, 2025, titled "Sabka Bima Sabki Raksha", aiming to strengthen policyholder protection, deepen insurance penetration and accelerate the growth of the insurance sector.
-
Cabinet Approves Bill To Raise Foreign Direct Investment In Insurance Sector To 100%
Finance Minister Nirmala Sitharaman had proposed to raise the foreign investment limit to 100 per cent from the existing 74 per cent in the insurance sector.
-
9 Essential Tips To Pick The Best Travel Insurance For Your Next Trip
A solid travel insurance won't fix everything, but it does mean that if the worst happens, you're not footing the entire bill alone.
-
Government's Big Move To Check Inflated Hospital Bills Due To Insurers: Report
India plans to bring an existing health insurance claims portal under the finance ministry and insurance regulator to curb overcharging by healthcare providers, a government source told Reuters.
-
What's New in the Senate Version of Trump's Tax and Spending Bill
Senate Republicans plan to modify President Donald Trump's massive fiscal package to lower maximum deductions for state and local taxes and limit the impact of a "revenge" tax on foreign investors.
-
British Couple Faces Rs 1 Crore Medical Bill After Falling Down TikTok Waterfall In Thailand
A British couple's vacation in Thailand turned tragic when 23-year-old soldier Liam fell 30 feet from a waterfall he discovered on TikTok.
-
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...
-
Indian American Physician, 51, Pleads Guilty To Healthcare Fraud
A 51-year-old Indian American physician from the Chicago area has pleaded guilty to a federal healthcare fraud by billing Medicaid and private insurers for nonexistent services.
-
JioFinance App With UPI, Banking Services Launched in Beta By Jio Financial Services
JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...
-
UK Family Hit With Over Rs 1 Crore Medical Bill After Travel Insurance Error
The family advises travelers to review their insurance, as an error in completing a form resulted in an invalidated policy.
-
All Lift Users To Be Insured? What UP's Draft Bill Says
A month after eight workers died in an elevator crash in Greater Noida, the Uttar Pradesh government has finalised the draft of a bill making annual maintenance of elevators and insurance for their users mandatory.
-
What Italy's New 'Right To Be Forgotten' Bill Means For Cancer Patients
An Italian law giving cancer survivors the right not to declare their past condition to banks and insurance agencies, shielding them from discrimination, has been approved by the lower house of parliament.
-
Paytm Payments Bank Wins Final RBI Nod, Can Operate as Bharat Bill Payment Operating Unit
Paytm Payments Bank said on Monday that the company had received final approval from the Reserve Bank of India to offer bill payment services in the country. The service can now function as a Bharat Bill Payment Operating Unit (BBPOU) in India, with support for bill payment services of electricity, phone, DTH, water, gas insurance, loan repayments,...
-
Opposition Accuses Centre Of Bulldozing Insurance Law Through Rajya Sabha
Opposition parties alleged today that the government bulldozed the insurance Bill through Rajya Sabha and "brute force" was used against members in the House.
