Some 77 countries experienced their highest average annual...
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Italy’s Generali pays $108 million for full control of its Chinese JV
It is the first instance in which a foreign insurer has acquired a...
HC issues notice to Centre, Delhi govt over rampant re-packaging of expired products
A bench of acting Chief Justice Manmohan and Justice Manmeet P.S....
Modi offers Rs 1,000 crore help to cyclone stricken Kolkata, Bangladesh counts cost
Chief Minister Mamata Banerjee said 80 people have died in the cyclone that has caused an economic losses of over Rs 1 lakh crore and requested Modi to treat it as a national disaster.
India plans scrutiny of new portfolio investors from China, Hong Kong:Report
The two sources added New Delhi is also considering the possibility of mandating a so-called “security clearance” from India’s home (interior) ministry for new FPI registrants from these nations.
“We are not saying that any investment would be stopped, we just want to add a layer of vetting to protect the value of our companies,” said one official who has direct knowledge of the discussions.
U.S. to mandate safety management for aircraft manufacturers
Boeing’s safety culture was harshly criticized in January after it released hundreds of internal messages about the development of the 737 MAX, including one that said the plane was “designed by clowns who in turn are supervised by monkeys.”
One check-in bag to fare control: Govt issues guidelines for domestic flight operations from May 25
It said passengers will have to report at airport two hours prior to their flight’s scheduled departure time and only those who have done web check-in will be allowed to enter the terminal building.
Only 50 pc Indians comfortable about returning to office:Survey
Brazil and Spain (48 per cent) were among the countries that are most uncomfortable with returning to workplace, according to Ipsos Global Survey.
72 dead in Bengal, have never seen such devastation: Mamata appeals to PM
The chief minister also announced a compensation of Rs 2 lakh to Rs 2.5 lakh for the family members of each of the deceased.
“So far as per the reports we have received, 72 people have died in the state due to Cyclone Amphan. Two districts North and South 24 Parganas are completely devastated. We have to rebuild those districts from scratch. I would urge the Central government to extend all help to the state,” West Bengal Chief Minister Mamata Banerjee said after conducting a review meeting with officials.
Corporate revenues drop over 25% during lockdown; normalcy may take over 1 year to return: Survey
Nearly 67 percent of top bosses, business owners and founders surveyed said that company revenues have already declined by more than 25 percent during the lockdown.
Further, all respondents believe that business will return to normal only by 2021, while 22 percent business leaders expect it to take more than a year, from when the lockdown ends.
IRDA to revamp Trade Credit Insurance regulations,to make it more MSME friendly
In the Indian context, the present guidelines on TCI, issued in 2016, do not allow the insurance companies to offer full fledge benefits that provides much needed protection to suppliers and restricts TCI covers to banks and financial institutions.
With the Govt. of India’s initiative to improve businesses for the MSMEs, which are considered as the backbone of the national economic structure, it is also imperative to relax the trade credit insurance guidelines to support the business environment.
Total global Covid-19 cases may reach 50 million,644,000 deaths expected in next 4 weeks:AIR Worldwide
“Underreporting is driven by the fact that as much as 60-80 per cent of people infected with COVID-19 may exhibit no symptoms or only mild symptoms and, most likely, do not get tested. The cases of COVID-19 that are reported, therefore, represent at best only 20-40 per cent of the total population. Therefore, in all likelihood, underreporting is substantively higher. Testing more widely in the general population would lead to more accurate numbers of cases and deaths being reported. The projections from the Verisk COVID-19 Projection Tool account for underreporting,”Doug Fullam, director of life and health modeling, Verisk.
Ayushman Bharat scheme crosses 1 crore beneficiaries,treatment worth around Rs 13,412 cr provided for free
Over one crore people have availed treatment worth around Rs 13,412 crore for free in hospitals across the country under the Ayushman Bharat since its launch in September 2018.