Business

Bank of India partners with The New India Assurance for Enhanced General Insurance Products

Bank of India partners with The New India Assurance for Enhanced General Insurance Products

#BankofIndiaTheNewIndiaAssurance Chandigarh: Bank of India, one of India’s leading public sector banks and New India Assurance Co. Ltd.(NIACL), India’s premier insurance company have entered into a strategic partnership on 24th March, 2025, at its Head Office in Mumbai to offer a wide range of general insurance products to the Bank’s customers. With this tie-up, Bank of India’s customers will have access to insurance solutions, including health, motor, personal accident, home, and commercial insurance products offered by NIACL, a systemically important insurance company. Speaking on the occasion, Shri Rajneesh Karnatak, MD & CEO, Bank of India, stated “The tie-up is a…
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भारत से हेल्थ और टर्म इंश्योरेंस खरीदने वाले एनआरआई के लिए टैक्स डिस्काउंट के विकल्प मौजूद

भारत से हेल्थ और टर्म इंश्योरेंस खरीदने वाले एनआरआई के लिए टैक्स डिस्काउंट के विकल्प मौजूद

मोहाली:  हेल्थ और टर्म इंश्योरेंस पॉलिसी आवश्यक सुरक्षा प्रदान करते हैं, जिससे ज़रूरत के समय बेहतर स्वास्थ्य सेवा और वित्तीय सुरक्षा प्राप्त होती है। भारतीय बीमा पॉलिसियों को और भी आकर्षक बनाने वाली बात यह है कि अन्य देशों की तुलना में अधिक किफायती, बेहतर कवरेज और टैक्स बेनिफिट आदि लाभ प्रदान करते है। भारत से इंश्योरेंस लेना सिर्फ परिवार की सुरक्षा के लिए ही आवश्यक नहीं है बल्कि यह एनआरआई के लिये वित्तीय रूप से एक स्मार्ट कदम है। सिद्धार्थ सिंघल, हेड-हेल्थ इंश्योरेंस, पॉलिसीबाजार डॉट कॉम ने कहा कि भारत में हेल्थ और टर्म इंश्योरेंस पर आम तौर पर…
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Bank of India signs MOU with Indian Air Force for Rakshak Salary Package

Bank of India signs MOU with Indian Air Force for Rakshak Salary Package

#BankofIndiaMOUIndianAirForce Chandigarh: Bank of India, one of India’s leading public sector banks, announced the signing of a Memorandum of Understanding (MoU) with the Indian Air Force to extend the BOI Rakshak Salary Package to Air Force Personnel, Veterans and Agniveers (recruited under the Agnipath Scheme). The MoU covers special benefits including enhanced free comprehensive Personal Accident Insurance Cover (PAI), attractive offers on Debit and Credit Cards and a host of other offers. The ceremony for the exchange of MoUs was held on 20th March, 2025 at the Air Force Headquarters, New Delhi. Air Vice Marshal Updesh Sharma, VSM ACAS (Accts…
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IHCL ANNOUNCES THE SIGNING OF TAJ PALITANA PALACE IN GUJARAT

IHCL ANNOUNCES THE SIGNING OF TAJ PALITANA PALACE IN GUJARAT

Chandigarh: The Indian Hotels Company (IHCL), India’s leading hospitality company, today announced the signing of the Palitana Palace under the Taj brand in Palitana, Gujarat. Mr. Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL, said, “Taj has been redefining luxury for over 121 years and its recognition as World’s Strongest Hotel Brand and India’s Strongest Brand is testament to it. We are honoured to partner with His Highness Thakore Saheb Mandhatasinhji Jadeja of Rajkot to bring the Palitana Palace under the Taj brand. This addition reinforces our commitment to preserving India’s rich heritage and expanding our portfolio of Palaces,…
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Punjab Unveils Transformative Budget for FY 2025-26: Rs 2,36,080 crore allocated

Punjab Unveils Transformative Budget for FY 2025-26: Rs 2,36,080 crore allocated

- Deploying 5,000 home guards alongside the BSF to fortify national security -Fastest Response Time: Punjab's 112 emergency response service to boast fastest response time in India Chandigarh: The Punjab Government, under the leadership of Chief Minister Bhagwant Singh Mann, unveiled its transformative budget for the financial year 2025-26, marking a historic milestone in Punjab's progress. With an unprecedented allocation of Rs 2,36,080 crore, the "Badlda Punjab" budget reflects the state's commitment to social reform, infrastructure development, and public welfare. Presented by Finance Minister Advocate Harpal Singh Cheema in the Punjab Assembly today, this budget highlights a multifaceted approach towards addressing…
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NBSL Launches Bharat Interface for Money (BHIM) 3.0

NBSL Launches Bharat Interface for Money (BHIM) 3.0

BHIM 3.0 to provide enhanced features for users, new offerings for businesses and banks Chandigarh: NPCI BHIM Services Limited (NBSL), a wholly owned subsidiary of the National Payments Corporation of India (NPCI), has launched Bharat Interface for Money (BHIM) 3.0. Shri Vivek Deep, Executive Director, Reserve Bank of India launched the application and services in the presence of Mr. Ajay Kumar Choudhary, Non-Executive Chairman and Independent Director, NPCI and senior leaders from the banking and fintech industry. BHIM 3.0 represents its third evolution since its launch in 2016 by Prime Minister Narendra Modi. The new BHIM 3.0 app offers customer…
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Godrej ramps up AC portfolio to meet 50% growth aspiration

Godrej ramps up AC portfolio to meet 50% growth aspiration

 Forays into commercial AC segment with Cassette ACs and Tower ACs Chandigarh: With the onset of summer and temperatures already picking up, the Appliances Business of Godrej & Boyce, part of the Godrej Enterprises Group, unveiled its new AC portfolio, spanning multiple capacities, tonnages, energy ratings and technologies. Buoyed by its 2X growth in the category this year and the already climbing temperatures, the brand is targeting further 50% growth in the coming summer. Building on its nature-inspired Vogue series from last year, the brand introduced new wood finish ACs and extended it further to a new marble series, strengthening…
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MSDE Launches DBIM-Compliant Website, Aligning with India’s Digital Governance Vision

MSDE Launches DBIM-Compliant Website, Aligning with India’s Digital Governance Vision

Chandigarh: In a significant step toward strengthening India’s digital governance ecosystem, the Ministry of Skill Development and Entrepreneurship (MSDE) today launched its DBIM-compliant website, developed in alignment with the Digital Brand Identity Manual (DBIM) Version 3.0 introduced by the Ministry of Electronics and Information Technology (MeitY). The newly launched website enhances accessibility, uniformity, and ease of navigation for users, featuring AI-powered search, multi-language support through Bhashini, persona-led navigation, and centralized content management. With its three-click approach, it ensures citizens can seamlessly access essential services and skilling resources. Launching the revamped website, Hon’ble Minister of State (Independent Charge), MSDE, said: "The…
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Sajan Prakash, Olympian Inaugurates the Speedo Gallery at Basvangudi Aquatic Center

Sajan Prakash, Olympian Inaugurates the Speedo Gallery at Basvangudi Aquatic Center

Chandigarh: Sajan Prakash, a two-time Olympian and Arjuna Awardee, inaugurates the newly opened Speedo Gallery at the renowned Basvangudi Aquatic Center, marking a significant milestone in the world of competitive swimming. The Speedo Gallery, located within Asia's largest swim center, will serve as a dedicated space showcasing Speedo’s premium racing and competitive swimwear, designed to enhance the performance of athletes. This gallery highlights Speedo's commitment to supporting swimmers in their journey towards excellence, providing access to the latest in innovation and technology for those who aspire to reach the highest levels of competition. Basvangudi Aquatic Center, renowned for nurturing and…
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81% of Indians Underestimate Their Life Cover Needs: Bajaj Allianz Life Survey

81% of Indians Underestimate Their Life Cover Needs: Bajaj Allianz Life Survey

#BajajAllianzLifeSurvey2025 ·         The actual coverage held by Indians was just 3.1 times their income, significantly below the industry-recommended 10x benchmark. ·         1 in 3 Indians have never reviewed their life insurance coverage, even after major life events like marriage, childbirth, or income growth. ·         Despite inadequate coverage, 82% of Indians are confident that their life insurance will sufficiently secure their family's financial future Chandigarh: Bajaj Allianz Life Insurance, one of India’s leading private life insurers, has released a comprehensive study titled ‘Underinsurance Survey 2025’, conducted in collaboration with NielsenIQ. The survey covered 2,000 individuals across metro, tier 1, and tier…
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