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FM may announce second round of capital infusion for non-life insurers in Budget

Sunday, January 12, 2020, 5:15 PM

FM Nirmala Sitharaman may announce second-round capital infusion for public sector general-insurance companies in the upcoming Budget to improve their financial health. The government infused Rs.2,500-crore in the three insurers National Insurance, Oriental Insurance and United India Insurance through first supplementary demands for grants for 2019-20 last month. Infusion will not only improve their financial health but facilitate merger announced in the Budget 2018-19.
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Arun Jaitley was my go-to man: Venkaiah Naidu

Sunday, December 29, 2019, 3:52 PM

Vice President M Venkaiah Naidu released a book, The Renaissance Man-The Many Facets of Arun Jaitley, on the birth anniversary of the former finance minister. "Whenever there is a need for enlightened debate, Jaitley will be missed," Naidu said, according to an official release. "Jaitleyji was my go-to man for the past many decades. I used to seek his sage counsel whenever needed."
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BJP to hold condolence meet for Arun Jaitely tomorrow

Monday, September 9, 2019, 8:08 PM

The Bharatiya Janata Party (BJP) will hold a condolence meeting for former finance minister Arun Jaitley on Tuesday. The 'Shradhanjali' programme will be held at weight lifting hall in Jawaharlal Nehru Stadium. The former minister's family members will also be present at the event which will start from 4 pm and will end at 7 pm.