Insurance companies can now launch new products without IRDAI approval
June 02, 2022 17:03 ISTSo far, insurance companies were required to obtain prior approval from IRDAI to launch new insurance products.
So far, insurance companies were required to obtain prior approval from IRDAI to launch new insurance products.
The 30-share BSE Sensex jumped 436.94 points or 0.79 per cent to settle at 55,818.11. During the day, it gained 510.75 points or 0.92 per cent to 55,891.92. The broader NSE Nifty climbed 105.25 points or 0.64 per cent to finish at 16,628.
DGCA said that Vistara recently had allowed an improperly trained pilot to land an aircraft with passengers on board in Indore.
Air India's new voluntarily retirement scheme is a bid by the company to encourage a significant section of its employees to retire.
New Delhi-based Salasar Techno Engineering carries out engineering, designing, procurement, fabrication, and galvanization work for telecom players.
The 30-share BSE Sensex declined 185.24 points or 0.33 percent to settle at 55,381.17. During the day, it dived 474.98 points or 0.85 percent to 55,091.43 after an initial rally. The broader NSE Nifty dipped 61.80 points or 0.37 percent to finish at 16,522.75.
The upward revision in interest rates by HDFC, PNB and ICICI Bank follow an off-cycle rate increase by the Reserve Bank in May.
The company's domestic sales increased three folds to 74,755 units from 24,552 units in May 2021, Tata Motors said in a statement. Total passenger vehicle dispatches to dealers more than doubled to 43,341 units as against 15,181 units in the year-ago month.
GST Collections: This is the fourth time when GST collections crossed Rs 1.40 lakh crore mark since the inception of the tax regime in July 2017 and the third straight month since March 2022.
Commercial LPG Price Cut: The decision to reduce the price of 19-kg cooking gas is seen as a big relief to commoners who are facing the brunt of skyrocketing inflation.
India's economy grew by 4.1 per cent in the fourth quarter of 2021-22, pushing up the annual growth rate to 8.7 per cent
Investors were cautious ahead of release of GDP data, while a jump in crude oil prices also weighed on market sentiment, traders said.
Economic Affairs Secretary Ajay Seth said inputs from various stakeholders and institutions, including the World Bank and the IMF, have been incorporated in the consultation paper on cryptocurrencies.
Ford India had started its plant in Sanand industrial area after signing a state support agreement (SSA) with the Gujarat government in 2011.
LIC Share Price Today, LIC Dividend News: LIC has announced to pay a dividend of 15 per cent per share to its shareholders.
The 30-share BSE Sensex rallied 1,041.08 points or 1.90 per cent to settle at a four-week high of 55,925.74. During the day, it soared by 1,197.99 points or 2.18 per cent to touch a high of 56,082.65. As many as 26 Sensex stocks ended in the green.
International oil benchmark Brent crude gained 0.48 per cent to USD 120 per barrel. Foreign institutional investors continued their selling spree as they offloaded shares worth Rs 1,943.10 crore on Friday, as per stock exchange data.
According to the data of the commerce ministry, in 2021-22, the bilateral trade between the US and India stood at USD 119.42 billion as against USD 80.51 billion in 2020-21.
Detailing its pandemic response, the report said over 8.5 crore free meals were distributed to frontline workers and vulnerable communities. Reliance produced 1,000 tonne of oxygen every day during the second wave and provided it free to states for over 1 lakh patients.
The new plant has a Power Purchase Agreement with Solar Energy Corporation of India with tariff at Rs 2.69 per kWh, well below the Average Power Procurement Cost at national level, delivering access to affordable, modern, and clean energy to all.
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