"Standardisation (of health insurance plans) will help policy holders
to understand the product. It will also help increase health insurance
penetration," says Irda Chairman J Hari Narayan.
Interesting facts and trivia from the world of business Interesting facts and trivia from the world of business.
Recent rulings in banking, insurance and personal finance sectors A look at recent rulings from the banking, insurance and personal finance sectors which can affect you.
NSE launches derivative contracts of S&P 500, Dow Jones The National Stock Exchange has launched derivative contracts of
the world's most followed equity indices, the S&P 500 and the Dow
Jones Industrial Average on August 29.
BofA Merill Lynch says RBI likely to halt rate hike It is no surprise that the Reserve Bank of India increased the
repo rate, for the twelfth time in a row, by 25 basis points from
8.0% to 8.25% with immediate effect.
Property prices rise, offer better returns than gold According to data released by the National Housing Bank, house prices in metro and non-metro cities have shown a significant rise in the April-June 2011 quarter, with Bhopal posting the highest increase, with prices of homes surging by 46.4% in the June 2011 quarter. The annualised return from gold was 48%.
RBI recommends lifting penalty on pre-payment of loans Repaying your loans before the deadline will soon become a no-brainer decision as
the Reserve Bank of India has recommended removing any pre-payment
penalty on floating rate loans.
Irda implements health insurance portability from October 1 The Insurance Regulatory and Development Authority (Irda) has issued
final guidelines on health insurance portability, which will come into
force from October 1, 2011.