PERSONAL FINANCE


Debayan Roy (Bar  and   Bench) 18 June 2024
Amid widespread allegations of paper leak in the National Eligibility cum Entrance Test (NEET) undergraduate exam 2024, the Supreme Court Tuesday said that it was expecting a timely action from the National Testing Agency (NTA).   The vacation bench of Justice Vikram Nath and Justice SVN...

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Moneylife Digital Team 14 June 2024
The insurance regulatory and development authority of India (IRDAI) has announced several changes in insurance policies, including allowing policyholders to cancel the policy and get a refund for the remaining period and mandatorily asking insurers to provide loans on insurance products. IRDAI...

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Debayan Roy (Bar  and   Bench) 14 June 2024
The Central government told the Supreme Court (SC) on Thursday that candidates who got less than the allotted time to write the National Eligibility cum Entrance Test (NEET) undergraduate exam 2024 for medical college admissions will have the option to re-take the exam or forgo grace marks...

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Debayan Roy (Bar  and   Bench) 11 June 2024
The Supreme Court on Tuesday refused to stay the counselling for admissions of students to the medical colleges over alleged paper leak and irregularities in the National Eligibility cum Entrance Test (NEET) undergraduate (UG) examination 2024.    A vacation bench of justice Vikram Nath and...

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Moneylife Digital Team 10 June 2024
A lawyer representing 10 candidates who appeared for the national eligibility cum entrance test (NEET) 2024 has written to the Supreme Court registry seeking an urgent listing of their writ petition for an investigation into the question paper leak, results of the examination. The plea also...

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Moneylife Digital Team 10 June 2024
Following widespread protests by students and a demand for investigation monitored by the Supreme Court, the Union ministry of education has announced the setting up of a panel to reassess the results of 1,563 students who received grace marks in this year's national eligibility cum entrance...

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Moneylife Digital Team 07 June 2024
Calling the paper leak issues and the results of this year's national eligibility cum entrance test (NEET) announced by the National Testing Agency (NTA) as a ‘betrayal of the hard work and dreams of millions of students’, the National Students' Union of India (NSUI) demanded an investigation...

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Moneylife Digital Team 06 June 2024
The results of this year's national eligibility-cum-entrance test (NEET) announced by the National Testing Agency (NAT) are full of surprises, including the total number of students who have scored perfect 720 marks, compared with less than five students hitting the mark over the years. Not...

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Moneylife Digital Team 06 June 2024
While upholding orders issued by fora below, the national consumer disputes redressal commission (NCDRC) reiterated that Aditya Birla Sun Life Insurance Co Ltd cannot forcibly impose on the policyholder a pension plan utilising two-thirds of the matured amount of the policy fund for purchasing...

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Bar  and   Bench 05 June 2024
The State Consumer Disputes Redressal Commission, Punjab recently flagged concern that insurance companies were rejecting claims of customers on baseless grounds.   The Commission President Justice Daya Chaudhary and Member Simarjot Kaur stressed that the Insurance Regulatory and Development...

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Moneylife Digital Team 04 June 2024
Terming the report prepared by a surveyor as 'untenable', the national consumer disputes redressal commission (NCDRC) directed Royal Sundaram General Insurance Company Ltd (erstwhile Royal Sundaram Alliance Insurance Company Ltd) to pay Rs4.98 lakh, the insured declared value (IDV) of the car...

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Moneylife Digital Team 31 May 2024
To help ease the pain of running from pillar to post for health insurance policyholders, the insurance regulatory and development authority of India (IRDAI) has asked insurance companies to strive to achieve 100% cashless claim settlement in a time-bound manner. Insurers are asked to decide on...

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I was recently asked if I could write an article on, ‘Do you want to be an entrepreneur?’ which could be a summary of my book written many years ago, titled Entrepreneur – You Can Move Mountains.    There are those who choose a steady employee career and will be happy doing this throughout...

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Moneylife Digital Team 21 May 2024
Holding the Life Insurance Corporation of India (LIC) responsible for not informing the employer of the insured as well as the insured regarding paying the due premium, the national consumer disputes redressal commission (NCDRC) directed LIC to pay Rs4.70 lakh with an interest of 9%pa (per...

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Moneylife Digital Team 17 May 2024
In a landmark move, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has become India's first and only housing regulatory body to issue detailed regulations for retirement housing projects after model guidelines were issued by Union ministry of housing and urban affairs (MoHUA) in...

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Beyond the many benefits that the corporate umbrella gives us, and which were outlined in a previous article , there are even more that one can list out, like:   Group Insurance  It is a form of group insurance. The individual may perform poorly for some time, but the company goes on. The...

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Moneylife Digital Team 16 May 2024
Rejecting the Life Insurance Corporation of India (LIC)'s contention that the insured failed to disclose diabetes and an earlier operation for the removal of gall bladder, the national consumer disputes redressal commission (NCDRC) directed the insurer to pay Rs19.75 lakh, the entire death...

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Moneylife Digital Team 15 May 2024
Upholding orders passed by fora below, the national consumer disputes redressal commission (NCDRC) directed United India Insurance Company Ltd to refund the excess premium charged from the policyholder for two years and pay Rs27,000 as compensation and cost of litigation.    In an order last...

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Moneylife Digital Team 13 May 2024
Top executives of Reserve Bank of India (RBI) are scheduled to meet the top management of asset reconstruction companies (ARC) this week to discuss corporate governance and stressed-asset resolutions amid concerns of potential back-door entry by defaulting promoters, says a report from Economic...

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Sponsored Post 09 May 2024
Recently, the Indian government introduced new draft rules regarding motor third-party insurance policies. These rules are important for all vehicle owners as they affect the premiums they pay for insurance coverage, especially for cars. Let's understand the details of these rules and what they...

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