Delhi govt hands out Ayushman Vay Vandana Yojana cards: All about the scheme to give senior citizens Rs 10 lakh free medical cover
Union Minister Hardeep Singh Puri and Delhi Chief Minister Rekha Gupta jointly launched the Ayushman Vay Vandana Yojana on Monday at Thyagaraj Stadium, marking a major healthcare milestone for the capital’s senior citizens. As part of the rollout, Ayushman Bharat cards were distributed to citizens aged 70 and above, providing them with free medical treatment coverage of up to Rs 10 lakh.

Datanomics: 51% Ayushman Bharat beneficiaries treated aged 45 and above
India will mark Ayushman Bharat Day tomorrow, on April 30, to raise awareness about the scheme that provides ₹5-lakh coverage per family for secondary and tertiary care hospitalisation. The scope of Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) was expanded on October 29, 2024 to include all senior citizens aged 70 years and above, irrespective of their socio-economic status.

Go Digit General Insurance's Q4 net profit up 2.2 times at ₹115.61 crore
 

Will common empanelment of hospitals bring down health insurance cost?
The General Insurance Council (GIC) has begun rolling out the regulator’s common empanelment of hospitals, with a target to onboard 4,000-5,000 hospitals in the coming months which will have uniform pricing terms.

Why are health insurers sending private detectives to claimants' homes?
New Delhi : “Medical insurance is what allows people to be ill at ease." This popular quote by Alfred E. Neuman, the fictitious mascot of American humour magazine MAD, proved untrue for Rishabh Kumawtt. 

Perfios Acquires IHX to strengthen health insurance infrastructure
 

Perfios acquires IHX to strengthen insurtech play
B2B software-as-a-service company Perfios has acquired healthcare information exchange platform IHX. This is Perfios’s third acquisition this year. The financial terms of the deal were not disclosed.

Sebi bans stock broker Patel Wealth Advisors, others for ‘spoofing activity’
Market regulator Sebi on Monday prohibited stock broker Patel Wealth Advisors from trading in securities using its proprietary account for allegedly involving in ‘spoofing’ activity. Additionally, the regulator has restrained four directors (present and former) of the broker from buying, selling, or dealing in any securities, directly or indirectly, according to an interim order.

Room for RBI to respond to global growth drag: Bandhan AMC's Choudhary
While the growth-inflation trade-off emanating from the tariff impacts is somewhat tricky for the US, it is relatively clearer for India as inflation is under control, according to SUYASH CHOUDHARY, head-fixed income, Bandhan AMC. In an email interview with Abhishek Kumar, Choudhary says expectations of resilient economic growth and fiscal discipline make Indian government bonds appealing.

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Nippon Life India AMC Q4 net down 13% on higher cost
Revenue was up 21 per cent at ₹567 crore (₹468 crore) while other income was down 75 per cent at ₹23 crore (₹92 crore). The company has announced a dividend of ₹10 per equity shares and the record date will be July 4. Overall expenses were up 14 per cent at ₹212 crore (₹186 crore). Tax outgo was higher at ₹79 crore (₹31 crore).

Aditya Birla Sun Life AMC Q4 net up 10%

Individual monthly average AUM increased 6 per cent to ₹1.84 lakh crore. Individual mix was at 49 per cent of MF AUM. Monthly systematic flows was at ₹1,316 crore (₹1,252 crore) in March quarter while sequentially it was down five per cent. New SIP registration was down 9 per cent y-on-y at ₹5.43 lakh against ₹5.96 lakh in the same period last year.