Indian News

India has just a decade to become a developed nation: SBI study

Economy       Jun 13, 2018

    MUMBAI: India has only one decade to change its status into a developed country and will need to focus on education, failing which the much-hailed 'demographic dividend' will turn into a disadvantage, a report said today.    If India is not able to get its act...

New venture promoted to offer free online & over phone medical consultations

Health       Jun 13, 2018

  Mumbai: ETechAces Marketing & Consulting Pvt. (ETechAces”), which owns India’s leading insurtech brand, PolicyBazaar.com(“PolicyBazaar”) and India’s leading lending marketplace, PaisaBazaar.com (“PaisaBazaar”), has floated another farm `Docprime' for foraying into the healthcare tech and service space.    As part of its plans to capture the out of...

Govt mulls raising pension limit to up to Rs 10,000/month under APY

Pension       Jun 12, 2018

  New Delhi: The government is considering a proposal to raise the pension limit under Atal Pension Yojana (APY) to up to Rs 10,000 per month from the existing slab of up to Rs 5,000, a top official said today.   There is a need to increase...

Odisha Chief Minister Naveen Patnaik

Odisha announces health care assistance of Rs 5 lakh per

Health       Jun 12, 2018

  Bhubaneswar: Even as the Modi government at the centre is getting ready to launch a mass free Rs 5 lakh health insurance scheme,Odisha Chief Minister Naveen Patnaik today announced that the state government would launch a new scheme which will provide health care assistance of...

Lloyd's Syndicate Markel receives license for India operation

Reinsurance       Jun 11, 2018

  London: After MS Amlin, another syndicate of Lloyd’s of London, Markel International, a specialist insurer, has received a licence from the Insurance Regulatory and Development Authority of India (IRDAI) to undertake  reinsurance business in the country. The capacity will be provided by Markel’s Syndicate 3000...

5.1 magnitude earthquake rocks Assam

Disaster Management       Jun 11, 2018

  GUWAHATI: An earthquake measuring 5.1 on the Richter scale today rocked Assam, according to the Regional Seismological Centre.    There was no immediate report of any damage or casualty, officials said.    According to a report of the Regional Seismological Centre at Shillong, the epicentre of the...

Domestic macro data like IIP, CPI and global cues to drive market this week

Economy       Jun 10, 2018

  NEW DELHI:  Stock market this week will be guided by a host of key macroeconomic data points including the industrial production numbers for April, global cues, trend in crude oil prices and progress of monsoon, say experts.   "Going ahead, the focus would be on the...

Nipah virus contained, says Health Minister

Health       Jun 10, 2018

  KOLKATA: Union Minister of State for Health, Ashwini Choubey, today said that the Nipah virus has been contained and there was no need to run away from Kerala, where several deaths due to the virus have been reported.   He added that no fresh cases of...

Max Life decides not to pursue 'current acquisition opportunity'

Life-News       Jun 09, 2018

Mumbai: Max Financial Services today said it is not considering fund raising plans as its subsidiary Max Life has decided not to pursue any "acquisition opportunity". Max Financial was also supposed to raise funds to help its life insurer arm to acquire new assets. Earlier...