Risk is the other word for market
Risk has become a major buzzword since the Reserve Bank of India has issued guidelines allowing Indian companies to hedge their exposures on International Commodity Exchanges.

BJP needs to initiate dialogue on decisions
In proposing to introduce three bills, the BJP appears to be putting in a determined effort to restore its image.

This is no reform
Instead of opening up insurance to competition, the government is doing precisely the opposite. Judging by the insurance regulatory authority (IRA) bill, the premium rates and the pattern of investment of premia will be the same as those of LIC and GIC.