The health insurance sector, dominated by half a dozen players, however, is likely to have grown at 30 per cent to Rs 2,946 crore in FY 2015.3 per cent at Rs 84,715 crore, according to provisional data.
After hardening of premium under group health insurance three months ago, property and fire segments are also set to witness increase in premium rates from the next calendar year.After hardening of premium under group health insurance three months ago, property and fire segments are also set to witness increase in premium rates from the next calendar year.
However, LIC's market share in terms of number of policies improved to 77.85 per cent during the year gone-by despite a 41.
Earlier this week, the Finance Ministry had said it would be issuing 40-year bonds next fiscal, making it the longest tenor bond sale from the government so far.Talking about investment in the equity and bond market in this fiscal, Roy said the Corporation has surpassed the last year's figure.
The high-performance cars I was lucky enough to drive in 2016 showed how much improvement there's been, while still maintaining all the supercar excitement.The new Lamborghini Huracán 580-2 manages it marvelously.
Azim Premji, who donated Rs 27,514 crore for education is the Most Generous Indian for the third year running followed by Nandan Nilekani and Narayana Murthy in the second and third place, respectively.As per the Hurun India Philanthropy List, which is a ranking of the most generous individuals from India, 70-year old Azim Hashim Premji was named as the most generous Indian as he donated Rs 27,514 crore for education.
There is no question of stopping or going back in this fight," PM had said.ALSO READ: Why Baba Ramdev's Patanjali should be ready to face tough competition aheadIncidentally, the address would come a day after PM Modi promised an end to hassles caused by the demonetisation move.
A Surprise gift awaits foreign tourists coming to India in the next few weeks.The Ministry of Culture and Tourism (MoCT) plans to hand over a 'free and activated BSNL postpaid SIM card' to each foreign traveller at the airport arrival desk itself.
Public banks have seen nearly Rs 80,000 crore increase in gross non-performing assets (NPAs) in the three months ended September 2016.5 per cent to Rs 76,685 crore in 2015-16, from the earlier Rs 59,656 crore.
It has been a defining year for the gaming industry.Indeed, the year 2016 was a launch pad for many elite titles in both mobile and console gaming.
A cold morning greeted Delhiites on the second day of the new year even as the minimum temperature rose to settle at 9.3 degrees, two notches above normal, while 53 trains were delayed due to fog.
Clean the Oven Before Roasting the TurkeyWho doesn’t love the smell of turkey roasting in the oven?Before cooking the turkey, thoroughly clean the oven of any food drippings or scraps left over from other meals.
"The overall fiscal impact of all these measures announced by the PM on December 31, will be around Rs 3,500 crore per year, which is minimal compared to the social and economic benefits," SBI Research said in a note today.Modi had announced loans of up to Rs 9 lakh taken in the new year under two new scheme -- Pradhan Mantri Awas Yojana -- will receive interest subvention of 4 per cent and loan of upto Rs 12 lakh will get a 3 per cent interest waiver.
Indian equity markets are expected to move in a narrow range during the year and the benchmark Sensex is likely to touch 29,000 by the end of 2017, says a Deutsche Bank report.According to Deutsche Bank's India Equity Strategy Report, 2017 is expected to be a year of uncertainty and the market is likely to be volatile and uncertain in the first half and recover in the second half.
But the sooner you pay off that debt, the less money you'll wind up spending to eliminate it.Pay off that balance in one year's time, and you'll save yourself over $1,100 in interest charges.
2017 will be a defining year for Flipkart as the company is looking to take "decisive lead" in the Indian market, its co-founder Sachin Bansal has said.The company, which recently announced top-level changes, said the restructuring is aimed at "improving operational efficiencies".
NITI Aayog will come out with three-year action plan within two months with a view to accelerate economic growth and make it more inclusive by focusing on the health sector.The action plan will also take into account the impact of demonetisation on the economy, especially on informal sector.
Global financial services major HSBC has set an optimistic benchmark BSE Sensex target at 30,500 for December-end, 2017 saying that structural reforms like demonetisation and GST will boost growth in the long run.Besides, the growth would be helped by higher public investment, bankruptcy code and direct transfer of subsidies.
41 per cent in December, reflecting weak demand as consumers grappled with cash crunch following demonetisation.The decline in retail inflation has been mainly on account of falling prices of vegetables and pulses.
41 per cent last month, their slowest pace since November 2014, government data showed on Thursday.57 per cent year on year, compared with a 3.