M Saraswathy

Assistant Editor

Moneycontrol News

Saraswathy has been covering stories in the areas of insurance, HR and education for the past 10 years, having worked in the past with Business Standard.

Why employees across India still prefer parking their money in the EPF

BUSINESS

Why employees across India still prefer parking their money in the EPF

Easy withdrawal, especially during emergencies, has made this old stalwart a sought-after option, to the extent that many voluntarily contribute more money to the fund (VPF). However, the NPS offers asset allocation, something the EPF doesn’t.

IPO-bound Stove Kraft's CMD plans increase in local production to push Make-in-India

BUSINESS

IPO-bound Stove Kraft's CMD plans increase in local production to push Make-in-India

Stove Kraft will be launching its initial public offering (IPO) for subscription on January 25. The price band for the issue, which will close on January 28, has been fixed at Rs 384-385 per share.

From Rs 2.7 crore to Rs 2,151 crore premium: How Digit became the first unicorn of 2021

BUSINESS

From Rs 2.7 crore to Rs 2,151 crore premium: How Digit became the first unicorn of 2021

Digit Insurance became the first unicorn of 2021. Here's how it achieved this milestone in just three years of business in the non-life segment.

The rise of participating products in insurance

MCMINIS

The rise of participating products in insurance

Indian insurers’ growth to rebound backed by health, protection business, says Moody’s analyst

BUSINESS

Indian insurers’ growth to rebound backed by health, protection business, says Moody’s analyst

Health insurance business has seen a spike in growth due to the fears of the Coronavirus outbreak.

UK not a top destination for Indian students this year with lockdown, COVID-19 fears

BUSINESS

UK not a top destination for Indian students this year with lockdown, COVID-19 fears

Universities are still continuing online lessons amidst the rising fears of the new COVID-19 strain in the UK. But, Indian students are not enthused about fully online classes.

Explained: How jumping a red light could affect your motor insurance premium 

BUSINESS

Explained: How jumping a red light could affect your motor insurance premium 

The higher and graver the number of violations, the higher the premium. So, customers will end up paying anywhere between Rs 100-750 for two-wheelers and Rs 300-1,500 for four-wheelers/commercial vehicles as an additional premium. The new system is first proposed to be tried out on a trial basis in the National Capital Territory of Delhi region.

Classes face disruption amid vaccination drive in school buildings, teachers demanding shots

BUSINESS

Classes face disruption amid vaccination drive in school buildings, teachers demanding shots

Schools have already lost close to seven months of physical classes due to the nationwide lockdown to minimise the coronavirus spread. With Board exams jut months away, students cannot afford to lose more time

Phishing alert! Here’s how you can verify job offers

BUSINESS

Phishing alert! Here’s how you can verify job offers

Is a job role from your dream employer too good to be true? Verify the credentials of the sender to see if it is a scam.

Is GST applicable for skipping notice period and canteen food? It’s a yes and no

BUSINESS

Is GST applicable for skipping notice period and canteen food? It’s a yes and no

A recent decision by the Gujarat Authority for Advance Rulings has ruled in a case for imposition of 18 percent GST on the recovery of notice pay from employees who skip serving this period. A similar 5 percent GST is also applicable on food sold in canteens.

Claims No. 1 worry for general insurance customers

MCMINIS

Claims No. 1 worry for general insurance customers

For the second year in a row, Nifty50 companies have only 1 woman CEO

BUSINESS

For the second year in a row, Nifty50 companies have only 1 woman CEO

HDFC Life Insurance is the only Nifty50 company that has a woman chief executive. HR experts say societal issues and women dropping out of the workforce in their mid-30s are behind the absence of female leaders.

Why Covid survivors are struggling to get health and life insurance

BUSINESS

Why Covid survivors are struggling to get health and life insurance

Indians who have recovered from Covid are finding it tough to buy a life or health insurance policy amidst concerns about the re-occurrence of the virus in these persons and rising losses. One executive explained that insurers fear those who have recovered could develop lung-related complications, which has made them cautious about loss ratios

Covid-19 job impact: Which sectors lost the most people and which ones hired the most in 2020?

BUSINESS

Covid-19 job impact: Which sectors lost the most people and which ones hired the most in 2020?

The year gone by saw millions of Indians laid off, both in the formal and informal sectors, with many still struggling to find a job. At the same time, companies in a few sectors went on a hiring spree. Just how much has employment landscape changed? Who gained and who lost? Read on to find out

Migrant children: State governments will have onus of identifying student dropouts

BUSINESS

Migrant children: State governments will have onus of identifying student dropouts

Amid the Coronavirus outbreak and the subsequent lockdown, 10.5 million migrant workers had returned to their hometowns and villages along with their families. Their absence led to many children being de-enrolled from their schools. While two-thirds of migrant workers are estimated to be back in the cities, dropout rates of their children from schools has been a matter of concern.

Will standard insurance products be the magic pill to boost coverage in India?

BUSINESS

Will standard insurance products be the magic pill to boost coverage in India?

Standard insurance products are a good start for new entrants to the insurance fold. But these alone may not be adequate to boost India's insurance penetration.

Explained: Board exams postponed, what the issue is all about

BUSINESS

Explained: Board exams postponed, what the issue is all about

The delay in the board exams mean that results would be declared in July/August and the admission process start in the last week of August/September. The new academic session would likely begin by third week of October followed by a Diwali break.

NEP 2020 stress on mother tongue, may bring four-language formula

BUSINESS

NEP 2020 stress on mother tongue, may bring four-language formula

For educational institutes, the first step will be to invest in teachers speaking multiple languages. Currently, mostly teachers speak English, regional language and/or Hindi. Under NEP 2020, schools and colleges would have to either train the existing teachers to teach in different languages or get additional staff.

Board exams in May, June: Colleges fear further delays in 2021 academic session

BUSINESS

Board exams in May, June: Colleges fear further delays in 2021 academic session

Delay in board examinations would mean that college admissions for undergraduate programmes would also have to be postponed.

Wellness allowances could be a reality for Indian employees in FY22

BUSINESS

Wellness allowances could be a reality for Indian employees in FY22

The wellness allowance will be part of the annual compensation package. Similar to a travel allowance or medical allowance, employees will be given a fixed amount every month. Bills for purchases will have to be produced to redeem these benefits. For companies, healthier employees mean greater productivity

Minimum Assured Returns scheme in the works, says PFRDA chairman

BUSINESS

Minimum Assured Returns scheme in the works, says PFRDA chairman

Separately, under the NPS, the pension regulator is planning a new system for a systematic withdrawal plan or payout. This would allow subscribers to choose between annuity plans or SWPs.

This is the top grievance of life insurance customers, and it is not misselling

BUSINESS

This is the top grievance of life insurance customers, and it is not misselling

Misselling or unfair business practices was always the number one grievance among policyholders. However, in FY20 this trend changed.

Explained: Here’s how LIC’s valuation process will be conducted

BUSINESS

Explained: Here’s how LIC’s valuation process will be conducted

The embedded value will be a formal step towards analysing the life insurer’s valuation. Once the valuation is declared, LIC’s exact fundraising plan through a stake sale will be made public. Considering the mammoth investments and assets that will be analysed across the 2,000 plus LIC offices in India, it is likely that the complete valuation process could take between five to seven months.

Giving a video interview? These are a few mistakes to avoid

BUSINESS

Giving a video interview? These are a few mistakes to avoid

Online interviews are the new norm amidst the Coronavirus outbreak. But digital etiquettes on how to conduct oneself during interviews are different and expert advice is a must.

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