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Vehicle accidents: Rs. 10 lakh cap on 3rd-party liability proposed

By Venkatachari Jagannathan Chennai, Oct 9 (IANS) One of the amendments proposed to the Motor Vehicles (MV) Act is to cap third-party liability at Rs 10 lakh in accident cases, according to insurance industry sources. Currently, the liability is unlimited. While the proposal is being welcomed as "a friendly one for policyholders", the…
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Features

THE DRUG MENACE

By Vanita Srinivas In the recent years, as per the data provided by Government of India, we have witnessed a five times (455%) increase in drug hauls in our country. India has become a prime market for illicit drug trafficking. As drug…
Features

Last minute preparation tips for Mains Exams

Last minute preparation tips for Mains Exams UPSC prelims are over and if you are among those 3% students who are going to write Civil Service Mains 2016, your mind must be bristling with countless questions pertaining to formulation of…
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REALTY CHEERS RATE CUT IN THE ONGOING FESTIVE SEASON

REALTY CHEERS RATE CUT IN THE ONGOING FESTIVE SEASON Considering the political and international turmoil happening all around, the RBI was likely to keep the key rates unchanged but amid varied speculations, the apex bank has finally…
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Investigation for Rs. 300 crore tax fraud

Investigation for Rs. 300crore tax fraud A team from the Excise department, Delhi, raided the premises of Rimjhim Stainless Limited at more than a dozen locations including the firm’s offices in Kanpur, Hamirpur and Unnao. Documents…