Insurance bill: Sabka Bima Sabki Raksha to boost FDI; gives regulator more power

Spread the love       MUMBAI: The insurance sector is expected to see significant investments with the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, to be introduced by the government in the winter session of Parliament.The Bill seeks to enable 100% FDI in insurance and allows Irdai, the regulator, to issue sector-specific licences, permitting new insurers to operate in...

Pollution boards understaffed: Nearly half of posts vacant nationwide; NCAP funds poorly used

Spread the love       NEW DELHI: Nearly half of the sanctioned positions on pollution control boards and committees across the country remain vacant even as most major cities are reeling under the impact of air pollution, reveals the answer to a recent question in Parliament.The answers to other questions this year show that this has been the case over the last...

SIR: Draft rolls for 5 states, UTs due today; deletions pegged at 7.5–8.5%

Spread the love       New Delhi: The draft electoral rolls for five states/Union territories – West Bengal, Rajasthan, Goa, Puducherry and Lakshadweep – undergoing phase 2 of special intensive revision (SIR) are set to be published Tuesday, with sources indicating likely deletions in the range of 7.5-8.5% for all except Lakshadweep, where they may be barely 2.5%.While West Bengal appears set...

Latur shocker: Finance firm manager burns man alive to fake own death; planned insurance claim

Spread the love       Chhatrapati Sambhajinagar: Ganesh Chavan (35), the district head of a private finance firm, allegedly burnt a drunk man alive in a car in Latur to claim a Rs 1 crore term insurance payout and wipe out mounting debts, police said on Monday.The meticulously planned crime was aimed at ensuring the insurance benefit reached his family and his...

‘Revenge for Moose Wala’: Kabaddi player shot dead; gunmen open fire during match

Spread the love       MOHALI: A kabaddi player and promoter was shot dead in front of hundreds of spectators at a tournament in Mohali on Monday evening, triggering panic at the venue and triggering concerns over law and order in Punjab. It was revenge for Sidhu Moose Wala’s murder, a rival gang of Lawrence Bishnoi boasted on social media, naming the...

‘They want to kill Americans’: Trump to label fentanyl ‘weapon of mass destruction’

Spread the love       US President Donald Trump announced Monday (local time) his plan to classify fentanyl as a “weapon of mass destruction” to strengthen his campaign against drug smuggling.Trump made this announcement in the Oval Office while presenting medals to US troops who patrolled the US-Mexican border.“There’s no doubt that America’s adversaries are trafficking fentanyl into the United States in...

Watch: FBI shares video of terror group plotting New Year’s Eve attack; 5 arrested

Spread the love       FBI foiled a suspected New Year’s Eve terror plot in California, releasing surveillance footage of the extremists just before their arrest.Four alleged members of a far-left pro-Palestinian anti-government group called the Turtle Island Liberation Front were apprehended last week while travelling east of Los Angeles to test improvised explosive devices (IEDs), officials said.The group is suspected of...

Havoc at IGI: 228 flights cancelled, 800 delayed

Spread the love       NEW DELHI: Delhiites woke up to winter’s first dense fog on Monday, with visibility dropping to zero in the city. There was havoc at Delhi airport as departures remained suspended for nearly five hours from 4am to 9am when visibility was below 100m.As many as 228 flights – 131 departures, 97 arrivals – were cancelled, over 800...

Tariffs shrugged off: Exports beat Trump curbs, record fastest growth in 3+ years

Spread the love       NEW DELHI: India’s exports grew at their fastest pace in over three years, rising 19.4% to $38.1 billion in Nov on the back of a jump in shipments to the US and China. With imports falling 2% to $62.7 billion, the trade deficit narrowed to $24.6 billion, the lowest level since June.India’s exports to the US are...

MGNREGA to end: Modi govt unveils new rural jobs law ‘G RAM G’, guarantees 125 days work

Spread the love       NEW DELHI: Set to consign the Congress-stamped MGNREGA to history, Modi govt will unveil a new law on guaranteed unskilled rural jobs, with a structure that will shift the Centre’s financial burden to states, provide fixed budgets for states instead of the present practice of it being demand-driven, and annually pause the scheme for two months during...

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