SURRENDER CHARGES

Ritika alias Ritu Maloo on Monday walked into a city police station where she was formally arrested in the evening after questioning, they said. Late last month, the Nagpur bench of the Bombay High Court refused pre-arrest bail to the woman, saying ...

Telecom regulator Trai is seeking stakeholders' views on the introduction of charges for existing and newly allocated numbering resources to ensure their judicious and efficient use. Trai's recent consultation paper, 'Revision of National Numbering ...

Bhavani Revanna, mother of rape-accused former MP Prajwal Revanna, appeared before the Special Investigation Team (SIT) in connection with an abduction case, following a direction from the Karnataka High Court for interim anticipatory bail.

Delhi Chief Minister Arvind Kejriwal denounced the Narendra Modi government as he prepared to return to Tihar jail, comparing his situation to Bhagat Singh's sacrifice. Facing money laundering charges, he thanked the Supreme Court for bail during el...

India's index of eight core sectors saw a 6.2% annual growth in April, following a 6.6% growth in March. The eight sectors had grown 4.6% in April 2023. The production of electricity, natural gas, coal, steel, refinery products, crude oil, and cemen...

Karnataka Home Minister G Parameshwara confirmed the arrest of suspended JD(S) MP Prajwal Revanna for alleged sexual abuse of multiple women. The home minister stated that the arrest followed due process and will aid the SIT's investigations. Prajwa...

JDS MP Prajwal Revanna, implicated in Karnataka's scandalous video controversy, was apprehended upon landing in Bengaluru early Friday by a team of women IPS officers. He's to be presented before the Special Court of People's Representatives. Meanwh...

JDS Hassan MP Prajwal Revanna arrested in Bengaluru on sexual assault charges after fleeing country amidst obscene video scandal.

A court in India is set to decide on May 31 whether to accept a supplementary charge sheet filed by the Enforcement Directorate against Bharat Rashtra Samithi leader K Kavitha in an excise policy-linked money laundering case. The court has reserved ...

Accompanied by his Punjab Chief Minister Bhagwant Mann, Arvind Kejriwal held a roadshow in Moti Nagar in support of party's New Delhi Lok Sabha candidate Somnath Bharti. "I have to go back to jail after 20 days. If you choose jhadu (AAP's symbol), I...

Trump further claimed that "the very same people who are funding the violent campus uprisings are also funding Joe Biden's campaign", adding that Biden is running a "radicalised" Democratic Party.

Sanjay Singh granted bail in Delhi excise policy case after surrendering passport. Supreme Court noted no money recovery. Allowed political activities but barred case statements. Bail terms set by special court.

IRDAI's enhanced surrender charge regulations set surrender value requirements based on policy year. Exposure draft included threshold premiums for non-linked products.

Two major insurance rules that are effective from April 1, 2024, are — compulsory e-Insurance policies for new policyholders and the latest the surrender charges of the life insurance plans such as endowment policies. To make it easier for insurance...

The Insurance Regulatory and Development Authority of India (IRDAI) has finalised surrender charges for non-linked or linked life insurance products — traditional endowment policies. The charges will come into effect from April 1, 2024. This decisio...

IRDAI (Insurance Products) Regulations, 2024 merge six regulations into a unified framework aimed at enabling insurers to swiftly respond to evolving market demands, enhancing the ease of conducting business, and boosting insurance penetration. Thes...

IRDAI has approved eight principle-based regulations at its recently held board meeting. The primary ones include Bima Sugam — an online marketplace for insurance policies, product regulations regarding the surrender charges of the insurance policie...

Income tax appeal: A non-resident Indian (NRI) has won a appeal in the Mumbai bench of Income Tax Appellate Tribunal (ITAT). What happened was the NRI surrendered a pension policy purchased from ICICI Prudential Life Insurance Company and got Rs 1.4...

The new rules would put insurers in a dilemma - they must either lower sales or lower profits to address premature policy closures. If insurers cut commissions to make room for higher payouts, it could impact sales. On the other hand, if they retain...