Insurance Regulatory and Development Authority of India (IRDAI) has formed various committees through the General Insurance Council (GIC) to overhaul the insurance sector.
An Indian-Origin Politician, Councillor Mohinder K Midha from the UK's Opposition Labour Party has been elected mayor of the Ealing Council in West London.
Increase the policy repo rate under the liquidity adjustment facility (LAF) by 40 basis points (bps) to 4.40 percent with immediate effect from 4.00% earlier.