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  • Insurance sector to see strong growth on robust GDP, evolving regulatory regime: Moody's Jan 22, 2019 03:36 PM IST

    Insurance sector to see strong growth on robust GDP, evolving regulatory regime: Moody's

    During fiscal 2018, total gross premiums for the non-life and life insurance sectors grew 11.5 percent to Rs 6.1 lakh crore (USD 94 billion), bringing the 5-year compound annual growth rate (CAGR) to 11 percent.

  • Big Deal: Decoding the major rejig at Aditya Birla Group Aug 16, 2016 04:10 PM IST

    Big Deal: Decoding the major rejig at Aditya Birla Group

    Big Deal showcases - consolidation in the insurance sector, Aditya Birla Group announces a major recast of its businesses, and Tata Chemicals sells urea business to Yara. CNBC-TV18 tells you what the impact will be on the concerned companies.

  • RBI notifies 49% FDI under automatic route in insurance Apr 01, 2016 09:02 AM IST

    RBI notifies 49% FDI under automatic route in insurance

    "No Indian Insurance company shall allow the aggregate holdings by way of total foreign investment in its equity shares by foreign investors, including portfolio investors, to exceed forty-nine percent of the paid up equity capital of such Indian Insurance company," it said.

  • Budget 2016: Insurance buyers should get more tax exemptions Feb 25, 2016 01:28 PM IST

    Budget 2016: Insurance buyers should get more tax exemptions

    Service tax on insurance premium should be abolished. Also income tax on annuities for annuitants above certain age should be tax free.

  • Budget 2016: The case for a game, set, match-win for the insurance sector Feb 17, 2016 11:52 AM IST

    Budget 2016: The case for a game, set, match-win for the insurance sector

    We expect increased push in the budget towards creating a universal healthcare ecosystem built on facilitating healthcare financing, instead of investing on its own healthcare facilities.

  • TCS bullish on BFSI segment growth in FY17 Feb 10, 2016 06:09 PM IST

    TCS bullish on BFSI segment growth in FY17

    The comments come days after Cognizant indicated a possible dip in revenues in 2016 due to difficulties it is facing in the BFSI and healthcare sectors.

  • Insurance sector may get over Rs 12,000 cr FDI in 2016: Assocham Jan 25, 2016 03:59 PM IST

    Insurance sector may get over Rs 12,000 cr FDI in 2016: Assocham

    "More than Rs 12,000 crore is set to flow in the insurance sector comprising both life and non-life during 2016. Besides, re-insurance sector would also see some fund flow as it too has got a leg-up through the amended Act," Assocham Secretary General D S Rawat said in a statement.

  • Do you know this about your inoperative bank accounts? Jan 15, 2016 02:41 PM IST

    Do you know this about your inoperative bank accounts?

    Inoperative bank accounts must be attended to. Banks generally close internet banking, ATM, phone banking and such other facilities on such account.

  • All policy planners want low interest rate: FM Arun Jaitley Sep 18, 2015 06:39 PM IST

    All policy planners want low interest rate: FM Arun Jaitley

    RBI is scheduled to come out with its fourth bi-monthly policy review for the fiscal on September 29 and with uncertainty getting over with regard to the US Fed rate, the central bank may yield to the pressure of easing rates.

  • No urgent plan for FDI in coffee, rubber plantation: Govt Aug 19, 2015 03:28 PM IST

    No urgent plan for FDI in coffee, rubber plantation: Govt

    At present, 100 percent foreign investment is permitted through the government approval route in the tea plantation sector. However, FDI is not allowed in any other plantation sector or activity.

  • Govt weighs FDI in rubber, coffee plantation Aug 17, 2015 06:32 PM IST

    Govt weighs FDI in rubber, coffee plantation

    India's natural rubber import increased to 442,130 tonnes in 2014-15, the highest so far, from 3,60,263 tonnes in 2013-14 and 2,62,753 tonnes in 2012-13. The production of natural rubber declined to 12-year low at 6,45,000 tonnes in 2014-15 as against 774,000 tonnes in 2013-14, down 12.

  • Insurance bill passage shows firm commitment of Indian govt May 06, 2015 10:03 AM IST

    Insurance bill passage shows firm commitment of Indian govt

    Predictions from insurance groups and independent economists have put new FDI inflows to India from the investment cap increase anywhere from USD 2 billion to USD 10 billion.

  • RBI notifies hike in FDI cap in insurance sector to 49% Apr 08, 2015 07:15 PM IST

    RBI notifies hike in FDI cap in insurance sector to 49%

    The RBI notification follows DIPP, Commerce Ministry's press note in March regarding operationalisation of increased FDI limit of up to 49 percent in the insurance sector.

  • Hiring activities surge in 2015 led by logistic, freight Apr 08, 2015 08:35 AM IST

    Hiring activities surge in 2015 led by logistic, freight

    Hiring in the banking, financial services, insurance sector also jumped by 38 percent . The report said the sector ranked second in terms of long-term gain.

  • FDI in services sector up 44% during Apr-Dec Mar 08, 2015 09:30 AM IST

    FDI in services sector up 44% during Apr-Dec

    The sector, which includes banking, insurance, outsourcing, R&D, courier and technology testing, had received foreign direct investment (FDI) worth USD 1.59 billion during April-December, 2013-14, according to the Department of Industrial Policy and Promotion (DIPP).

  • DIPP operationalises hike in FDI in insurance Mar 02, 2015 08:14 PM IST

    DIPP operationalises hike in FDI in insurance

    The hike in foreign direct investment (FDI) limit in the insurance sector was allowed through an Ordinance issued last year-end. A Bill to replace it is likely to be presented in the Lok Sabha on Tuesday.

  • Budget Session: Speaker calls meeting of leaders Feb 18, 2015 01:15 PM IST

    Budget Session: Speaker calls meeting of leaders

    The session, which will begin on February 23 and conclude on May 8, will see presentation of the first full-fledged budget of the Narendra Modi government which came to power in May last year.

  • Here's how technology helps banking & insurance sector Jan 12, 2015 08:53 PM IST

    Here's how technology helps banking & insurance sector

    CNBC-TV18's special show Accelerate India takes a look at the banking, financial services and insurance sector in India to understand how technology is deployed across companies to keep up with the demands of the discerning customers.

  • Govt moots smoother foreign investment norms for REITs Dec 30, 2014 07:27 PM IST

    Govt moots smoother foreign investment norms for REITs

    Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvITs) would also get tax incentives. Along with foreign investors, domestic institutions like insurers, pension funds and provident funds would also be allowed to invest in these trusts.

  • Insurance sector eyes FDI worth billions in new year Dec 29, 2014 12:48 PM IST

    Insurance sector eyes FDI worth billions in new year

    After hanging in balance for over six years, hike in foreign investment cap for insurance sector has become a reality, although the government had to take ordinance route, as a bill in this regard could not go through Parliament.

  • Insurance sector expands in 2014, to move faster in 2015 Dec 29, 2014 09:58 AM IST

    Insurance sector expands in 2014, to move faster in 2015

    Calendar year 2014 brought in changes like increase in FDI, changes in ULIP guidelines, insurance repository among others. Next five years can see double digit growth which will bring this sector to a new level.

  • Insurance FDI hike a win-win: Bimal Jalan Dec 10, 2014 07:52 PM IST

    Insurance FDI hike a win-win: Bimal Jalan

    Bimal Jalan, Former Governor of the Reserve Bank feels it is good for the insurance sector and for the people who buy insurance. There are no two ways, as it simplifies the whole thing. If u look at the system abroad, it is that kind of a system. Money is money.

  • Jaitley promises 'civilised' tax regime to pull investment Dec 10, 2014 07:39 PM IST

    Jaitley promises 'civilised' tax regime to pull investment

    Underlining that growth would depend on the states, he talked about cooperative federalism and announced release of Rs 11,000 crore to states in the current fiscal as part payment towards CST compensation to facilitate roll-out of the Goods and Services Tax (GST).

  • How increasing FDI cap will benefit the insurance sector Nov 18, 2014 10:40 AM IST

    How increasing FDI cap will benefit the insurance sector

    With the new government‘s stress on reforms, steps taken by IRDA to make insurance more consumer-friendly and India‘s favourable demographic, the future of India‘s insurance industry looks good

  • Insurance cos under service tax net for flouting rules Sep 04, 2014 06:00 PM IST

    Insurance cos under service tax net for flouting rules

    According to the audit, many insurance companies wrongfully availed of the central value-added tax (CENVAT) scheme to avoid taxes on certain services.

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