The Insurance Regulatory and Development Authority of India (IRDAI) has lifted limits on the payment of commissions to insurance intermediaries. The new rules: IRDAI has asked insurance companies, including life and non-life, to fix an overall cap on commission to agents, brokers and other intermediaries, giving more flexibility to insurers in managing their expenses. This means …

The Dalai Lama has named a US-born Mongolian boy as the tenth Khalkha Jetsun Dhampa, the head of the Janang tradition of Tibetan Buddhism and the Buddhist spiritual head of Mongolia, a report by the Times said. Janang Tradition The Janang is one of the schools of Tibetan Buddhism. Its origins in Tibet can be …