Latest news with #Pasricha
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Business Standard
5 days ago
- Automotive
- Business Standard
E-20 compliance and insurance claim: Here's what you need to know
As more and more fuel stations start rolling out E-20 fuel (petrol blended with 20 per cent ethanol), consumers are debating its benefits and drawbacks. Over the past few weeks, social media has been flooded with posts about E20 fuel after several motorists reported lower mileage and suspected engine issues. While the government insists the impact on vehicles was marginal, insurance experts warn that there's another risk that's not getting enough attention, your motor insurance claim. Concerns around claim rejection Standard motor insurance policies in India often exclude damage caused by 'wrong fuel use.' This means if your vehicle isn't E20-compliant and suffers engine damage linked to E20 fuel, your insurer could deny or reduce your claim. 'Policies often exclude damage from using incorrect fuel types,' says Paras Pasricha, head of motor insurance at Policybazaar. 'If an investigation finds that E20 caused the damage in a non-compatible vehicle, insurers might deny or scale down the claim,' Pasricha said. Rahul Mathur, chief executive officer of Roinet Insurance Brokers, adds that even engine protection cover may not help. 'Some insurers consider using the wrong fuel as gross negligence, which is grounds to void a claim. Even if the owner didn't know their car wasn't compatible, it may not work in their favour during a dispute,' he said. Surender Tonk, vice-president of the Insurance Brokers Association of India, says there have been cases of claims being rejected for this reason. 'Insurers follow manufacturer guidelines. If your vehicle isn't certified for E20, you risk losing the claim,' he notes. Why fuel compatibility matters While most policy documents don't explicitly mention ethanol blends, they do include general clauses about taking reasonable care of the vehicle. According to all three experts, using a fuel blend not approved by the manufacturer could fall under 'gross negligence,' making the insurer legally entitled to refuse payment. Steps to protect yourself Experts advise: As the government rolls out E20 nationwide, motorists need to look beyond mileage debates. The wrong fuel might not just harm your engine, it could also leave you with a hefty repair bill that your insurer won't cover.
CNBC
07-08-2025
- Business
- CNBC
India may unveil fiscal stimulus to offest U.S. tariff impact, says economist
The Indian government may announce targeted fiscal measures to offset the economic effects of U.S. tariffs, according to Kanika Pasricha, Chief Economic Advisor at Union Bank of India. Pasricha says the greater impact will be on investor sentiment. She expects the governmet to announce measures to boost export-oriented sectors and reinforce the Make in India initiative. Pasricha also believes the Reserve Bank of India has room to cut rates and offer monetary support to help sustain growth.
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Business Standard
16-07-2025
- Automotive
- Business Standard
Buying a second-hand car? Here's how to transfer its motor insurance
After buying a second-hand car, transferring ownership papers is only half the job done. Buyers must transfer the car's insurance to their name to avail of claims and avoid legal issues, experts said. 'Transferring a car insurance policy in India involves multiple steps according to regulatory guidelines,' said Paras Pasricha, business head for motor insurance at The seller must inform the insurance company about the vehicle changing hands and fill out Forms 28, 29 and 30, which are available on the website of the Regional Transport Office (RTO). 'It is essential to get a clearance certificate and proof of sale before proceeding,' Pasricha explained. -Valid insurance copy -Original vehicle registration certificate (RC) -Sale agreement -Pollution Under Control certificate -Buyer's address and identity proof -A formal request for policy transfer 'The new owner's name must be endorsed on the RC before initiating insurance transfer,' said Pasricha. The insurer will inspect the vehicle for its condition and determine the revised premium or coverage. Once this is done, the policy will be endorsed with the buyer's details, serving as the legal acknowledgment of transfer. 'If the car was financed, a No Objection Certificate from the financier is also required. A nominal transfer fee is usually charged,' he said. 'Mere change in the vehicle RC is not sufficient to protect against future liabilities. Insurance contracts work on the principle of insurable interest, which means the claimant must be the owner of the vehicle on the date of accident to get the benefit of insurance protection,' said Udayan Joshi, chief operating officer at SBI General Insurance, emphasising the importance of aligning the RC and insurance details. Common mistakes Second-hand car buyers typically make four errors while transferring insurance policies to their names, according to Pasricha. These are: -Continuing with the seller's old insurance policy without reviewing or customising coverage. -Ignoring vehicle inspection, assuming it's optional. -Overlooking transfer rules for interstate purchases, such as updating road tax, RC, and insurance. -Failing to check if add-ons or the Insured Declared Value suit their needs. Delaying initiation of ownership change in the insurer's records is another common mistake, said Joshi. 'This often leads to non-admissibility of claims pertaining to vehicle damages. Given the simplified and convenient processes adopted by insurers, it is advised to intimate your insurance company immediately upon submitting your request to the RTO office.' The 14-day window and delays Under Section 157 of the Motor Vehicles Act, a buyer must transfer an insurance policy within 14 days of purchase. 'If this is delayed, most insurers allow a conditional transfer but may require fresh vehicle inspection,' Pasricha said. Joshi said that failure to act within 14 days could lead to accident claims being rejected. 'Beyond 14 days, if the vehicle has not met with any accidents, insurers may still allow ownership transfer after verifying the vehicle's condition,' he notes. Loans, add-ons and other challenges In cases where the seller has an active loan or hypothecation on the vehicle, the buyer must ensure this is cleared to remove hypothecation from the RC. 'As far as add-ons like zero depreciation cover are concerned, most insurers allow continuation of the same coverage post verification of the vehicle condition,' Joshi said. Pasricha said that some insurers can complete the transfer within 2–5 working days if all documents are in order, and a few even offer same-day processing
News18
10-07-2025
- Health
- News18
Forget Supplements - Harvard Doctor Recommends This Fruit for Better Digestion
Why Doctors Are Recommending Two Kiwis a Day for Better Gut Health News18 If you're looking for a simple, natural way to improve digestion and support your gut, doctors say the answer might be as easy as adding two kiwis to your daily diet. Dr. Trisha Pasricha, a gastroenterologist and instructor of medicine, Harvard Medical School, shared in a July 7 piece for The Washington Post that eating two green kiwis a day can significantly benefit your digestive system. According to Dr. Pasricha, 'One kiwi contains 80% or more of an adult's daily vitamin C requirement and offers two to four grams of fibre." Rich in vitamins E and K, antioxidants, and a unique enzyme called actinidin—which helps break down proteins—kiwis are a powerhouse for gut health. And while eating the fuzzy peel isn't necessary, the juicy green inside is packed with benefits. In fact, a 2022 study found that participants who consumed two green kiwis daily for four weeks experienced improved digestion and bowel regularity. On average, people had one to two more complete bowel movements per week. For those struggling with constipation, the benefits included reduced abdominal pain, less straining, and fewer symptoms of indigestion. These findings were further supported by research published in The American Journal of Gastroenterology in June 2023. The study found that daily kiwi consumption led to improved stool consistency, increased bowel movement frequency, and better overall digestive comfort in individuals with constipation and IBS-C (irritable bowel syndrome with constipation). In short, incorporating two kiwis into your diet each day could offer an easy, delicious way to boost gut health and overall wellness—no supplements needed. view comments First Published: July 10, 2025, 12:32 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Economic Times
26-06-2025
- Health
- Economic Times
To control blood sugar and cholesterol, Harvard doctor recommends adding one supplement to your morning coffee
Harvard doctor recommends adding pysllium husk to your diet. (Pic credit- istock. Image used for representative purpose only) In a world overflowing with trendy health powders and overpriced pills, a Harvard doctor is cutting through the noise with one simple recommendation: Psyllium husk. Forget the fads — this quiet, tasteless fibre supplement might just be the most underrated health fix hiding in plain sight. From reducing cholesterol to improving digestion and even lowering the risk of diabetes, Psyllium husk is being backed by science and prescribed by experts. And yet, most of us are missing out on its benefits. Dr. Trisha Pasricha, a gastroenterologist at Harvard Medical School, in an interview with The Washington Post, said that 96% of people aren't getting enough fibre — a serious problem when it comes to gut health, blood sugar control, and cardiovascular health. For those who can't meet their fibre goals with whole foods every day, she strongly recommends Psyllium husk as a reliable and effective alternative. Unlike other fibre supplements, Psyllium stands out for two key reasons. First, when mixed with water, it forms a gel-like substance in the gut that traps bile salts. This forces the liver to draw from blood cholesterol to make more, thereby lowering cholesterol levels over time. Second, once it reaches the colon, Psyllium acts as a prebiotic — feeding beneficial gut bacteria and helping build a healthier microbiome. Dr. Pasricha advises mixing a tasteless, additive-free Psyllium powder into water or even coffee. No fancy brands needed. And while one major side effect might be more frequent bowel movements — two to three times a day, in fact — she says that's a sign your body is finally on track.
