The policyholder or his nominee has to raise the claim for any due payment including death claim, maturity claim, survival benefit or premium due for refund within three years.
The post Life insurance – transfer of money to policyholders: Here’s how to get your unclaimed money appeared first on The Financial Express.
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-
Life insurance – transfer of money to policyholders: Here’s how to get your unclaimed money
-
Income tax returns: Here’s why you must link PAN with Aadhaar
You have to link PAN with Aadhaar even if you are not liable to pay tax or file income tax returns.
The post Income tax returns: Here’s why you must link PAN with Aadhaar appeared first on The Financial Express. -
Have employer-provided health insurance? Here’s why it isn’t enough
Many salaried employees enjoy the benefit of employer-provided health insurance. This group insurance coverage is often provided at no cost to the employees.The post Have employer-provided health insurance? Here’s why it isn’t enough appeared first on The Financial Express. -
Edelweiss rates NMDC as ‘Hold’ says headwinds on horizon
Sharp fall in global iron ore prices likely to pressure volumes and realisation; while stock’s valued in line with global peers, it is at higher end of trading range.
The post Edelweiss rates NMDC as ‘Hold’ says headwinds on horizon appeared first on The Financial Express. -
Domestic investors drive show
Since general poll, domestic institutional inflows have reduced vulnerability to FII selling; such liquidity could stretch valuations.
The post Domestic investors drive show appeared first on The Financial Express. -
NPA crisis: Even as Centre, RBI launch crackdown, here’s why gauging near-term impact is tough
While steps to resolve NPLs suggest a sense of urgency, past outcomes on resolution schemes make it hard to gauge its near-term impact.
The post NPA crisis: Even as Centre, RBI launch crackdown, here’s why gauging near-term impact is tough appeared first on The Financial Express. -
Infrastructure: Andhra eyeing its place in sun with Kurnool park; aims at 10,000 MW solar capacity by 2022
With Kurnool park to be ready by May-end, the state is aiming at 10,000 MW solar capacity by 2022.
The post Infrastructure: Andhra eyeing its place in sun with Kurnool park; aims at 10,000 MW solar capacity by 2022 appeared first on The Financial Express. -
MeitY reaches out to RBI, others against Wanna Cry ransomware
The IT ministry has reached out to key stakeholders like RBI, National Payments Corporation of India, NIC and UIDAI (Aadhaar) to advise them to protect their systems against 'Wanna Cry' ransomware to ensure that the digital payments ecosystem in the country is protected. -
GST cloud hangs over excise mop-up as dealers hold up strong
In wake of dealers are refraining from purhasing goods from manufacture about tax credits and rates under GST, excise collections may take a hit. -
Greece slashes GDP forecast in new budget plans
The Greek government Sunday slashed GDP growth forecast for 2017 as it moved towards submitting new austerity measures, including a wider tax net, for approval by lawmakers. -
RBI goes for security upgrade for note storage, transportation
In view of heightened threat perception, the Reserve Bank of India has initiated an exercise to upgrade measures for secured storage and movement of currency at over 4,000 chests across the country. -
Entered into Top 20 global tech services brands: Tech Mahindra
As per an independent evaluation by a valuation and strategy consultancy Brand Finance, IT firm Tech Mahindra on Sunday said that it has entered into the Top-20 global tech services brands list (by brand value) -
Britain is gearing up for EU rows, Brexit minister says
Britain is gearing up for rows with the EU over the structure of divorce talks and the future role of the European court, fuelling an increasingly bitter war of words before negotiations begin. -
Digitisation will curb shadow economy, says Union minister Arjun Ram Meghwal
"In this country, 22-26 percent is shadow economy (ie illicit economic activities like black market transactions and undeclared income existing alongside the official economy)," the minister of state for finance said.
The post Digitisation will curb shadow economy, says Union minister Arjun Ram Meghwal appeared first on The Financial Express. -
Venezuela hopes no country hinders China's 'fantastic' Silk Road initiative
China`s Belt and Road initiative is 'fantastic' but obstacles could arise from some countries who see it as a potential threat, a senior official from Venezuela said on Sunday. -
Banks set to see higher provisioning on new norms next fiscal
Banks are planning higher provisioning on new norms next fiscal of new accounting norms. It will ask lenders to make higher provisioning for loans. -
'Only 21% feel millennials will have comfortable retirement'
Only 21 per cent felt they are in a comfortable position for retirement, says a recent report, which puts them in difficult position in comparison to their elders. -
Digitisation will curb shadow economy: Arjun Ram Meghwal
Pitching for rapid movement towards digitisation of the economy, Union minister Arjun Ram Meghwal on Sunday said the government's digital initiative is crucial to curb the black market. -
Govt exempts InvITs from acceptance of deposit norms
Infrastructure Investment Trusts have been exempted from the ambit of acceptance of deposit rules under the companies law, a move that is expected to ease the compliance requirements for the investment vehicle. -
India jumps 73 spots to 26 rank in World Bank's power list: Piyush Goyal
India has climbed up to twenty sixth position in World Bank's electricity accessibility ranking in the current year from 99th spot in 2014, Power Minister Piyush Goyal has said. -
BSE warns brokers on unauthorised trades
Noticing an increasing tendency among some brokers to place unauthorised orders on behalf of clients, premier bourse BSE has asked them to exercise extra caution and do due diligence while executing trades. -
Aadhaar-PAN linkage gets 'likes', but data leak big overhang
The government's move to link PAN with Aadhaar has got support from a large number of people, but a vast majority are concerned about their personal details getting leaked and being misused, two separate surveys show. -
Centre to come out with new Metro Rail policy: Venkaiah Naidu
The Centre will come out with a new Metro Rail policy for future projects, in line with the government-approved National Policy on Transit Oriented Development (TOD), Union minister M Venkaiah Naidu said here today.
The post Centre to come out with new Metro Rail policy: Venkaiah Naidu appeared first on The Financial Express. -
India jumps 73 spots to 26 rank in World Bank’s power list: Piyush Goyal
India has climbed up to twenty sixth position in World Bank's electricity accessibility ranking in the current year from 99th spot in 2014, Power Minister Piyush Goyal has said.
The post India jumps 73 spots to 26 rank in World Bank’s power list: Piyush Goyal appeared first on The Financial Express. -
Coastal shrimp aquaculture production to cross 5 lakh tonnes: MPEDA
The coastal shrimp aquaculture production has grown consistently to cross 5 lakh tonnes, during the last couple of years, according to MPEDA (Marine Products Exports Development Authority) Chairman A Jayathilak.
The post Coastal shrimp aquaculture production to cross 5 lakh tonnes: MPEDA appeared first on The Financial Express. -
Insolvency and Bankruptcy Code: First information utility to be operational in 3 months
These "unique" institutions governed by the Insolvency and Bankruptcy Code (IBC) would act as a repository of information about lending and borrowing activities done by all financial institution.
The post Insolvency and Bankruptcy Code: First information utility to be operational in 3 months appeared first on The Financial Express. -
Idea’s Q4 net loss narrows to Rs 327.7 crore
Telecom major Idea Cellular’s on Saturday announced its net loss for March quarter at Rs 327.7 crore, which hassled the Street expectations on the back of big gains in bottom line. -
Lower interest rate can help reap full benefit of cash ban: CII
In an interview to PTI, CII President Shobana Kamineni said the industry is "reasonably prepared" for implementing the GST from July 1 and suggested fixing of a sunset date for cess to be levied on demerit and luxury goods.The post Lower interest rate can help reap full benefit of cash ban: CII appeared first on The Financial Express. -
‘Sharing details of paper import for Rs 500, 2000 notes to affect India’s sovereignty’
The refusal of information assumes importance as a media report has alleged that the paper for printing the newly introduced currency papers was imported from a blacklisted firm.
The post ‘Sharing details of paper import for Rs 500, 2000 notes to affect India’s sovereignty’ appeared first on The Financial Express. -
GST cloud hangs over excise mop-up as dealers hold up tight
Excise collections may take a hit as dealers are refraining from purchasing goods from manufacturers as they are not sure about tax credits and rates under GST, which is slated for July 1 launch.
The post GST cloud hangs over excise mop-up as dealers hold up tight appeared first on The Financial Express. -
Income Tax department launches facility to correct errors in PAN, Aadhaar
The income tax department has launched an online facility to correct errors in names and other details in permanent account number (PAN) and Aadhaar document.The post Income Tax department launches facility to correct errors in PAN, Aadhaar appeared first on The Financial Express. -
'Sharing details of paper import for Rs 500, 2000 notes to affect India's sovereignty'
Sharing particulars about import of paper for printing of Rs 500 and Rs 2,000 notes would affect India's sovereignty and may lead to incitement of an offence, a RBI-owned bank note printing company has said. -
Gujarat ready for GST rollout, over 5 lakh businessmen enrolled: CM Vijay Rupani
Gujarat Chief Minister Vijay Rupani today claimed that the state is ready for the Goods and Services Tax (GST) rollout on July 1 with over 5 lakh businessmen enrolling with the GST network.
The post Gujarat ready for GST rollout, over 5 lakh businessmen enrolled: CM Vijay Rupani appeared first on The Financial Express. -
FPIs' net inflow at Rs 5,000 crore in debt market this month
Overseas investors have so far pumped in over Rs 5,000 crore in the country's debt market this month, helped by stable outlook for the rupee. -
EPFO trustees likely to raise ETF investments to 15% on May 27
The trustees of retirement fund body EPFO are likely to raise the investment limit in exchange traded funds (ETFs) to 15 per cent of the investible deposits, from 10 per cent at present, in the current fiscal.
The post EPFO trustees likely to raise ETF investments to 15% on May 27 appeared first on The Financial Express. -
Over 780 BSE-listed companies come under graded surveillance
The enhanced surveillance measures have been introduced by the exchange to check any abnormal jump in share price which does not commensurate with the company's financial health. -
I-T dept launches facility to correct errors in PAN, Aadhaar
The income tax department has launched an online facility to correct errors in names and other details in permanent account number (PAN) and Aadhaar document. -
Layoffs in Indian IT may continue for 1-2 years: Experts
As digitisation and automation become the new normal, IT biggies like Infosys, Cognizant and Tech Mahindra are seeing a spate of layoffs and this trend may continue for the next 1-2 years, say experts. -
11 PIOs in Forbes magazine's list of best venture capitalists
Eleven Indian-American investors feature in Forbes magazine's annual list of the 100 best venture capitalists who are behind some of the highest- returning investments in the technology sphere. -
Telecom companies’ financial woes: Government panel to give views in 3 months
An inter-ministerial panel being constituted to suggest a policy prescription for the failing financial health of the telecom sector will consult banks and operators before finalising its views in three months.The post Telecom companies’ financial woes: Government panel to give views in 3 months appeared first on The Financial Express. -
Mutual Funds asset base from smaller cities up 41% in FY17
Steps taken by Sebi to increase penetration of mutual funds in smaller cities is paying dividend. Sebi allowed up to 30 basis points of extra expense to be charged to a fund to incentives distribution of funds in B-15 (Beyond Top-15 cities). -
MFs' asset base from smaller cities up 41% at Rs 3L cr
The contribution of the country's smaller towns — beyond-15 cities (B15) in industry parlance — to mutual funds' asset base surged 41 per cent to Rs 3.09 lakh crore by March-end due to investor-friendly initiatives by Sebi. -
Silk Road summit: Pak signs nearly $500m in China deals
Pakistan signed new deals with China on Saturday worth nearly $500 million ahead of Beijing's international forum on its "Silk Road" trade and infrastructure initiative for Asia, Africa and Europe, the Pakistani government said.
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