Private life insurers outpace LIC in new business premium growth

Private life insurers outpace LIC in new business premium growth

Life insurers reported a 16.6% year-on-year increase in new business premium (NBP) to ₹1.09 lakh crore for the April-June quarter, with private sector firms expanding faster than the state-run Life Insurance Corporation of India (LIC), aided by robust growth in regular premium products. Private life insurers recorded a 27.5% increase in NBP to ₹43,522 crore…

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Private transport service companies using 'unfair competition' to stop Bharat Taxi: Amit Shah

Private transport service companies using ‘unfair competition’ to stop Bharat Taxi: Amit Shah

Gujarat Gandhinagar: Union Cooperation Minister Amit Shah on Saturday alleged some private transport service companies are engaging in unfair competition by operating at a loss and slashing fares to drive out the cooperative mobility platform, Bharat Taxi. He declared that Bharat Taxi will reach more than 500 cities across India within two years. Speaking at…

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Maharashtra To Launch Driver-Owned Cooperative Taxi App Bharat Taxi As Alternative To Private Aggregators

Maharashtra To Launch Driver-Owned Cooperative Taxi App Bharat Taxi As Alternative To Private Aggregators

Maharashtra is set to pave the way for cooperative app-based taxi services, with the state government announcing that a regulatory framework for aggregator cooperatives will be formulated soon. The move is expected to enable the launch of driver-owned ride-hailing platforms and offer an alternative to private taxi aggregators operating in the state. Cooperative model promises…

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Maharashtra Transport Minister Pratap Sarnaik Orders Crackdown On Private Bus Fare Hikes, Illegal Apps; Committee Formed For Regulation & Reforms

Maharashtra Transport Minister Pratap Sarnaik Orders Crackdown On Private Bus Fare Hikes, Illegal Apps; Committee Formed For Regulation & Reforms

Mumbai: Maharashtra Transport Minister Pratap Sarnaik has directed officials to take strict action against private bus operators involved in arbitrary fare hikes and unauthorised passenger booking mobile applications exploiting travellers across the state. Chairing a meeting at Mantralaya, Sarnaik said the state government is serious about curbing illegal fare increases by private passenger transport operators…

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Private jet crashes in US: 7 killed, 1 severely injured; aircraft went down shortly after takeoff

Private jet crashes in US: 7 killed, 1 severely injured; aircraft went down shortly after takeoff

Maine plane crash (AP image) At least seven people were killed and a crew member survived with serious injuries after a private business jet crashed during takeoff amid a snowstorm at Bangor International Airport in the US state of Maine on Sunday night.The Bombardier Challenger 600, carrying eight people, flipped over and caught fire while…

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Nuclear Energy Bill 2025: Lok Sabha clears 'SHANTI' bill as opposition walks out; paves way for entry of private players | India News

Nuclear Energy Bill 2025: Lok Sabha clears ‘SHANTI’ bill as opposition walks out; paves way for entry of private players | India News

NEW DELHI: The Lok Sabha on Wednesday gave its nod to the the nuclear energy bill called the “Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill (SHANTI), 2025”. The bill was passed as opposition staged a walkout, during the ongoing Winter Session.The amended bill was tabled in the lower house, with introduction…

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