Indian Insurance sector at boom

Thursday, December 27, 2007, 17:01 [IST]

New Delhi, Dec 25, 2007 : According to a study by ASSOCHAM, the insurance sector is likely to grow by over 200% expected to cross the Rs 2,00,000 crore mark in business by 2010.

The study named 'Insurance in Next Two Years' stated that the present size of the insurance sector is around Rs 50,000 crore, with an approximate Compound Annual Growth Rate or CAGR of 175 per cent in the last few years.

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Palm tops for TTEs for feed on vacant berths

Monday, February 26, 2007,18:53 [IST]

New Delhi, Feb 26: Palm tops will be given to Railway Travelling Ticket Examiners(TTEs) so that they can feed to the Passenger Reservation System (PRS), the information about berths/seats falling vacant at the eleventh hour.Under the existing system, reservation charts are brought out a few hours before the departure of trains. Often due to unforeseen circumstances, several passengers with reservations do not travel, resulting in many berths remaining vacant.Since this information is not fed into the PRS.....