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India’s hiring outlook bleakest in 15 yrs; only 3% firms planning to hire

The strongest hiring pace is recorded in the small-sized organisations followed by the medium-sized and large-sized firms. From a region perspective, north and east regions indicate a more positive outlook compared to the west and south, the survey said.

“Post the ‘right sizing’ exercise aligning themselves to the current market demands, organisations are now looking at improving productivity, new forms of employee engagement, getting furloughed employees back and implementation of technology,” said Sandeep Gulati, Group Managing Director of ManpowerGroup India.

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India scaling up production of active pharmaceutical ingredients: Kant

Professor K Vijay Raghavan, Principal Scientific Advisor to the Government of India, said personalised medicines are the future in healthcare. Personalised medicine was till recently seen as a “fancy way of having individual-oriented medication” but today in India — due to the dramatic scaling up of telemedicine and a variety of tele-consulting ways — one is going to see personalised medicine at the grassroot-level in a population of more than a billion.

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QBE Hong Kong offers new mental health support coverage for individual PA products

The mental health support coverage is a new feature and it will help to subsidise consultations with professional psychologists for those suffering from mental wellbeing concerns brought on by enforced Work-From-Home (WFH) arrangements during COVID-19.
“In the near future, we are looking at creating new products to address mental wellness which will better protect our customers and their families,” said Lei Yu, CEO North Asia and Regional Distribution Head.

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Telemedicine market in India to reach USD 5.5 billion by 2025: EY-IPA study

“As the COVID-19 pandemic throws unprecedented challenges, consumer behaviour and patterns are changing dramatically. With the new norms of ‘social distancing’, traditional ways of in-person doctor-patient interaction are being digitally enabled by remote consultations,” Indian Pharmaceutical Alliance (IPA) Secretary-General Sudarshan Jain said.

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General insurance business in India to contract by 9% in 2020 due to COVID-19, says GlobalData

As per the latest data, India’s general insurance market is expected to register a compound annual growth rate (CAGR) of 4.7% over 2019-2024, as compared to the pre-COVID forecast of 11.9%, primarily due to the ongoing economic uncertainty and the imposition of country-wide lockdown restrictions.Pratyusha Mekala, Insurance Analyst at GlobalData, comments:

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Mumbai International Airport airport rolls out contactless check-in system for passengers

“With the focus on passenger convenience, the new contactless technology has been developed in response to the rapidly changing passenger requirements due to the COVID-19 pandemic. We are working on enhancing passenger experience through the adoption of newer technologies that can be easily adapted by all,” said MIAL Chief Executive Officer Rajeev Jain.

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