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IRDAI panel for introducing a new points-based Traffic Violation Premium Traffic violations may soon become a costlier affair for vehicle owners with a working group of insurance regulator IRDAI recommending for introduction of a new section in motor insurance called Traffic Violation Premium.  It will be in addition to Own […]

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The Ministry of Road Transport & Highways has decided to mandate advanced braking systems, technologies and performance requirements for improved road safety and reducing accidents. The provision will be binding on all vehicles with nine seats and above. The existing vehicles will be required to adopt new provisions with effect […]

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