PERSONAL FINANCE


Moneylife Digital Team 19 July 2024
Taking cognisance of the uproar over deception and discrepancies in the selection and appointment, the Union public service commission (UPSC) initiated action against the controversial Indian Administrative Services (IAS) probationary officer Puja Khedkar. UPSC also initiated criminal...

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Debayan Roy (Bar  and   Bench) 18 July 2024
The Supreme Court on Thursday ordered the National Testing Agency (NTA) to publish the marks obtained by all 23 lakh candidates who took the National Eligibility-cum-Entrance Test undergraduate exam (NEET UG) for the year 2024.    A Bench of Chief Justice of India (CJI) DY Chandrachud and...

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Moneylife Digital Team 18 July 2024
After facing massive backlash on social media and fierce criticism from business leaders, the Karnataka government decided to put on hold a Bill for Kannadigas for reservation in private companies.   In a statement, the chief minister's office (CMO) says, "The Bill approved by the Cabinet to...

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Shashwat Singh (Bar  and   Bench) 17 July 2024
The National Consumer Disputes Redressal Commission (NCDRC) recently directed the Agricultural Insurance Company of India Ltd to refund the premium paid by 61 farmers from Kurnool in Andhra Pradesh, for not disclosing all details of the crop insurance policy to them (K. Krishna Venamma V....

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Moneylife Digital Team 16 July 2024
Puja Khedkar, the 2023-batch officer from the Indian Administrative Services (IAS) cadre, belongs to an influential family and has apparently invited more trouble by pushing very hard and misusing her power during her probation period to gain authority and status. Every day, there are new...

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Moneylife Digital Team 16 July 2024
The Reserve Bank of India (RBI), while revising its master directions on fraud risk management in the regulated entities (REs), directed lenders, including commercial banks, all India financial institutions, cooperative banks and non-banking finance companies (NBFCs),  including housing finance...

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Moneylife Digital Team 13 July 2024
Upholding the orders passed by fora below, the national consumer disputes redressal commission (NCDRC) directed Bajaj Allianz Life Insurance Company Ltd to pay a balance Rs10.24 lakh to a policyholder as per the schedule of the unit-linked insurance plan (ULIP) equity growth fund policy. The...

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Ten years ago, I had written an article on how many corporate leaders develop an excessive sense of entitlement. That was because I had come across a well-written article on the ‘halo effect’ that is acquired by people when they become leaders. The article elaborated on how they attain a level...

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Moneylife Digital Team 10 July 2024
In a big relief to farmers from Khandwa district in Madhya Pradesh (MP), the national consumer disputes redressal commission (NCDRC) held Bank of Baroda (BoB) and Agriculture Insurance Company of India Ltd responsible for furnishing inaccurate information and not taking timely action to...

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Debayan Roy (Bar  and   Bench) 08 July 2024
There is no doubt that the National Eligibility cum Entrance Test (Undergraduate) exam (NEET ) held on May 5 was compromised by question paper leak, the Supreme Court said on Monday.   However, the Bench of Chief Justice of India (CJI) DY Chandrachud and Justices JB Pardiwala and Manoj Misra...

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Praisy Thomas (Bar  and   Bench) 03 July 2024
The Kerala High Court (HC) recently held that the insurance ombudsman does not have the power to direct an insurance company to renew an insurance policy at a particular premium rate (NS Gopakumar v The Oriental Insurance Company Ltd & anr).   A Division Bench of Justices A Muhammed Mustaque...

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Aman Singh  and   Udisha Srivastav (IndiaSpend) 28 June 2024
Savita (name changed on request) was shocked to discover that her Urban Company ID had been blocked in February 2023 because she did not meet the monthly target of 40 clients. “My mother-in-law passed away and I took a break of one month from work. I was left without any means of income,” the...

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In corporate management, we often discuss the intricacies of managing our superiors—seeking out mentors and role models to guide us. Especially in the early stages of our careers, there is a powerful temptation to become a mirror image of those we admire. Unconsciously, this can lead to...

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Sponsored Post 27 June 2024
Comprehending your health insurance policy may seem daunting, but doing so is crucial to avoiding unforeseen costs and making educated healthcare decisions. This post seeks to demystify health insurance by analysing its elements and offering advice to help you manage your plan like a...

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Moneylife Digital Team 24 June 2024
Facing ire from students, parents and Opposition parties over alleged discrepancies in competitive exams, the Union government shunted Subodh Singh, the director general (DG) of the national testing agency (NTA).   The government also handed over the probe into irregularities in the national...

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Moneylife Digital Team 21 June 2024
The Supreme Court sought responses from the Union government, the National Testing Agency (NTA) and others on petitions seeking the cancelation of this year's National Eligibility-cum-Entrance Test (NEET) undergraduate (UG) examination 2024, and a court-monitored probe into the alleged...

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Debayan Roy (Bar  and   Bench) 18 June 2024
Amid widespread allegations of paper leak in the National Eligibility cum Entrance Test (NEET) undergraduate exam 2024, the Supreme Court Tuesday said that it was expecting a timely action from the National Testing Agency (NTA).   The vacation bench of Justice Vikram Nath and Justice SVN...

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Moneylife Digital Team 14 June 2024
The insurance regulatory and development authority of India (IRDAI) has announced several changes in insurance policies, including allowing policyholders to cancel the policy and get a refund for the remaining period and mandatorily asking insurers to provide loans on insurance products. IRDAI...

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Debayan Roy (Bar  and   Bench) 14 June 2024
The Central government told the Supreme Court (SC) on Thursday that candidates who got less than the allotted time to write the National Eligibility cum Entrance Test (NEET) undergraduate exam 2024 for medical college admissions will have the option to re-take the exam or forgo grace marks...

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Debayan Roy (Bar  and   Bench) 11 June 2024
The Supreme Court on Tuesday refused to stay the counselling for admissions of students to the medical colleges over alleged paper leak and irregularities in the National Eligibility cum Entrance Test (NEET) undergraduate (UG) examination 2024.    A vacation bench of justice Vikram Nath and...

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