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Insurance penetration in India likely to cross 4% this year: ASSOCHAM New Delhi: Insurance penetration in India is expected to cross the 4 per cent mark by the end of 2017 on the back of various insurance schemes launched by the Government of India, according to a report by Assocham....

Times of India February 16, 2017

Digital transactions rose to 3 crore a day in 2016: Ravi Shankar Prasad New Delhi: Mr Ravi Shankar Prasad, Minister of Communications and Information Technology (IT), has stated that the number of digital transactions in India have increased to 30 million a day in 2016, from only 6.6 million a day in 2013....

Economic Times February 06, 2017

Railways plans massive track expansion in Arunachal Pradesh, connect Tawang Guwahati: Union Ministry of Railways plan to cover the length and breadth of Arunachal Pradesh by rail network requiring an initial investment of around Rs 50,000 – 70,000 crore (US$ 7.4 - 10.4 billion)at an elevation range of 500 to 9,000 feet...

Economic Times February 06, 2017

NY Life to lead 30% buy in forex unit of Centrum Mumbai: New York Life Investments, the global asset management division of New York Life, along with other investors like Jacob Ballas, will own a significant minority ownership in Centrum Capital by being one of the leading global investors in buyin...

Times of India February 01, 2017

Cabinet approves Listing of Government owned General Insurance Companies at the stock exchanges New Delhi: The Union Cabinet has approved the public listing of five Government-owned general insurance companies and reducing the Government’s stake to 75 per cent from 100 per cent, which is expected to bring higher levels of transparency and...

Press Information Bureau January 19, 2017
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