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Time to relook at insurance sector: Irda chairman
The Insurance Regulatory and Development Authority (Irda) on Friday said it was time to have a relook at the country’s insurance sector, particularly in the light of a significant downturn and 15 per cent “degrowth” the industry registered in December last year. “Soul searching takes place when there is a crisis,” Irda Chairman J Hari Narayan said in Hyderabad, pointing

Power sector exempted from coal block auctions

In a landmark development, the government has exempted power sector companies from going through the auction route for the allocation of coal blocks for captive use. The move comes even as the

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Govt approval eludes insurance sector
At a time when the finance ministry is taking pro-active steps to smoothen the process of top-level appointments in banks, the insurance sector senses no chance of such a reform.

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After indictment, upstream regulator to get a facelift

After being criticised by the Comptroller and Auditor General (CAG) for its functioning and conflict of interest, the upstream petroleum sector regulator, Directorate General of Hydrocarbons (DGH),

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The divergence analysis

Despite all the market knowledge, we are still so far away from asking very basic questions about what makes it work. Market divergence, in generic terms, means the difference between the returns

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Govt. approves guidelines for establishing joint venture companies by DPSUs
The Union Cabinet on Thursday approved guidelines for establishing joint venture companies by Defence Public Sector Undertakings (DPSUs).

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