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Husband wins Rs 1.57 crore health insurance claim against LIC after a 5-year fight

Husband wins Rs 1.57 crore health insurance claim against LIC after a 5-year fight [ad_1] Life Insurance Corporation of India (LIC) was ordered by National Consumer Disputes Redressal Commission (NCDRC) to pay Rs 1.57 crore to the husband of deceased policyholder. She died from Breast Cancer in April 2017 and in March 2018 LIC rejected her husband’s insurance claim. NCDRC ...

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Rupee appreciates 3 paise to 82.99 against US dollar in early trade

Rupee appreciates 3 paise to 82.99 against US dollar in early trade The rupee appreciated 3 paise to 82.99 against the US dollar in early trade on Thursday, amid a positive trend in domestic equities. Forex traders said rupee is trading in a narrow range as strong American currency and elevated crude oil prices weighed on the local unit and ...

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Sebi considering mandatory registration of PMS distributors with APMI

Sebi considering mandatory registration of PMS distributors with APMI Markets regulator Sebi on Thursday proposed promoting collective oversight of PMS distributors by making registration with the Association of Portfolio Managers in India (APMI) mandatory for them and facilitating ease of digital onboarding process for portfolio managers’ clients. The proposals are aimed at promoting ease of doing business initiatives for portfolio ...

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More time needed to weigh prospect of rate cut: Fed's Raphael Bostic

More time needed to weigh prospect of rate cut: Fed's Raphael Bostic My expectation is that the rate of inflation will continue to decline, but more slowly than the pace implied by where the markets signal monetary policy should be, he said

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Not planning harsher rules to curb fintech, says RBI's P Vasudevan

Not planning harsher rules to curb fintech, says RBI's P Vasudevan There are “no harsher measures coming on fintech,” P. Vasudevan, an executive director in charge of enforcement at the Reserve Bank of India, said on Friday

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