Topic: IRDAI
Health insurance premiums have nearly doubled this year, but Covid alone not to blame
Medical inflation due to Covid, govt-induced coverage expansion and age-related shift in slabs are among factors causing a jump in insurance premium amounts.
SC issues notice to Centre, IRDA on plea seeking insurance for mental illness treatment
According to the petition, insurance companies do not cover treatment of mental illness despite a mandate under the Mental Healthcare Act 2017
Car and 2-wheeler insurance to cost more as regulator hikes third-party premiums
PTI -
Insurance regulator Irdai raised third-party insurance premium across categories, with 2-wheelers getting the maximum hike of 21.11 per cent.
LIC’s plan to acquire IDBI stake hits snag as Delhi HC says act in interest of stakeholders
Court observation comes on a plea by IDBI officers that LIC proposal will result in IDBI losing status as public sector bank.
On Camera
YourTurn
The four-point plan to revive Pakistan’s economy—from land reform to real estate
Pakistan must reduce non-productive expenditures like defence. The country's political economy has been overdetermined by the imperative of 'national security'.
Bad timing could hamper LIC IPO
Most early public enterprise IPOs have been trading 75% below their original price, small investors concerned.
Defence
India ‘doesn’t foresee’ border fighting with China, but ‘won’t back down’ if tensions reignite
Aim is to ensure not just disengagement of troops, but overall de-escalation. Govt in favour of solving tensions through talks as it wants peace with all neighbours including China.
How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels
Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.