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NCDRC directs IRDA to look into role of agents selling life insurance policies

The National Consumer Disputes Redressal Commission (NCDRC) has directed the lnsurance Regulatory and Development Authority of lndia (IRDA) to look into the role of insurance agents selling life insurance policies. The apex consumer commission asked the IRDA to issue fresh guidelines and modify proposal forms to clearly bring to

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IRDAI’s new norms to prompt insurers to launch innovative policies swiftly: Experts

IRDAI's decision to permit 'use and file' facility for most of the insurance products will encourage insurers to come out with innovative covers quickly to the benefit of customers and also deepen the insurance penetration in the country, said experts. The Insurance Regulatory and Development Authority of India (IRDAI) last

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Oil consumers face a summer of pain as China starts coming back to market

Oil bulls are starting to picture a world in which China, the engine of demand growth, comes back to the market. And if their analysis is right, the summer is going to be painful for oil consumers everywhere who’re already facing spiraling prices -- whether that’s Americans paying about $5

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Banker to 467 million Indians says loan demand is bouncing back

Consumer cutbacks due to raging inflation and higher borrowing costs are failing to dent investment plans at Indian businesses tapping the country’s biggest lender, a sign that a recovery in Asia’s third-largest economy is gathering pace. Companies are steadily drawing down from a $71 billion loan pipeline, Dinesh Kumar Khara,

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