Indian News

Everyone above 18 years eligible for COVID-19 vaccine from May 1: Govt

Eco/Invest/Demography, Health, Life, Non-Life, Pandemic       Apr 19, 2021

New Delhi: Everyone above 18 years of age will be eligible to get vaccinated against COVID-19 from May 1, the central government said on Monday as it liberalised the vaccination drive to allow states, private hospitals and industrial establishments to procure the doses directly from...

Covid: In both waves, 70% of patients above 40 years, says ICMR chief

Eco/Invest/Demography, Health, Non-Life, Pandemic       Apr 19, 2021

  New Delhi: More than 70 per cent of Covid-19 patients over 40 years of age in both the waves and older population continues to be more vulnerable to the infection, the Centre said on Monday. Addressing media, ICMR Director General Balram Bhargava said there is...

Centre to provide fresh insurance cover to ''COVID-19 warriors''

Eco/Invest/Demography, Health, Non-Life, Pandemic       Apr 18, 2021

New Delhi, Apr 19:  The Union Health Ministry on Monday announced that all claims of "COVID warriors" under the Pradhan Mantri Garib Kalyan Package will be settled till April 24 after which a fresh insurance policy for them will become effective. In a tweet, the...

Delhi locks down as COVID chokes Indian health system

Eco/Invest/Demography, Health, Non-Life, Pandemic       Apr 19, 2021

  New Delhi: India's capital region of Delhi ordered a six-day lockdown on Monday as daily COVID-19 cases nationwide hit a new record and the health system crumbled under the weight of new infections. India's hospitals are struggling with a shortage of beds, oxygen, and key...

India may build new coal plants due to low cost despite climate change

  New Delhi: India may build new coal-fired power plants as they generate the cheapest power, according to a draft electricity policy document seen by Reuters, despite growing calls from environmentalists to deter use of coal. Coal’s contribution to electricity generation in India fell for the...

Explain basis for approving insurance policies excluding mental illnesses from full coverage: HC to IRDA

Health, Non-Life, Regulation       Apr 19, 2021

  New Delhi: The Delhi High Court has asked insurance sector regulator IRDAI to explain on what basis it was approving insurance policies that excluded mental conditions from full coverage. Justice Prathiba M Singh said the Mental Healthcare Act of 2017 makes it clear that there...

Irdai imposes Rs 51 lakh penalty on 4 insurers

Non-Life, Regulation       Apr 19, 2021

New Delhi: Regulator Irdai has imposed a penalty of Rs 51 lakh on four insurers, including SBI General Insurance Company, for violation of certain norms related to motor insurance. A penalty of Rs 25 lakh has been imposed on SBI General Insurance Company for not...

India reports highest daily spike with over 2.73 lakh COVID-19 cases, 1,619 deaths

Eco/Invest/Demography, Health, Life, Non-Life, Pandemic       Apr 19, 2021

  New Delhi: The COVID-19 situation in India continues to deteriorate, as the country yet again reported the highest single-day spike of coronavirus cases with over 2.73 lakh fresh infections and 1,619 deaths in the last 24 hours. According to the Health Ministry, India reported at...

FPIs pull out Rs 4,615 cr from Indian markets in Apr so far

Eco/Invest/Demography, Health, Pandemic       Apr 18, 2021

New Delhi: Foreign portfolio investors (FPIs) have pulled out a net Rs 4,615 crore from Indian markets in April so far amid sharp escalation in COVID-19 cases and the consequent restrictions imposed by various states, unnerving overseas investors. According to the depositories data, overseas investors...