''Delhi records a massive 19.5% EV sales of the overall vehicles...
Category:
Eco/Invest/Demography
Latest
Problems in Red Sea will not impact India’s maritime trade: Shipping secy
Asked will the Red sea developments have any impact on India's...
Growth in Asia Pacific emerging markets to remain strong in 2024: Fitch
"Economic growth in APAC will generally remain strong in 2024,...
BSE puts in place penalty structure for non-submission of cyber security report
Non-submission of the report after three months will attract disablement of trading terminals across segments after giving two weeks’ notice, the exchange said.
BSE, further, said “disablement notice issued to the member would be shared with all the exchanges for information” and member will be enabled only after submission of the report.
Barclays CEO says ‘putting 7,000 people in a building may be thing of the past’
“There will be a long-term adjustment in how we think about our location strategy…the notion of putting 7,000 people in a building may be a thing of the past,” he told reporters after the bank reported a fall in first-quarter profits.
Coronavirus Pandemic:Cases rise to 31787 ,death toll at 1008
Highlighting India’s approach in combating COVID-19,Union Health Minister Dr Harsh Vardhan said,“This time the hallmark of our approach has been fivefold: Maintaining a continuous situation awareness; Pre-emptive and proactive approach; Graded response as per continuously evolving scenario; Inter-sectoral coordination at all levels; and lastly, but most importantly creating a people’s movement to combat this disease.
The home ministry in a tweet has communicated that new guidelines to fight the coronavirus pandemic shall come into effect from May 4. The guidelines will give considerable relaxations to districts that have done well to combat the virus so far.
Govt extends easier ‘work from home’ connectivity norms for IT, BPO firms Jul 31
Industry body Nasscom said the decision to extend the timelines on relaxed norms for other service providers (OSPs) to facilitate ‘work from home’ will help IT and BPO firms plan their strategy of bringing back workforce to offices, in a gradual and phased manner.
In an all-cash deal,Axis Bank to acquire 29% of Max Life Insurance
Deal marks coming together of 3rd largest private bank and 4th largest private life insurer
Strategic transaction to strengthen the franchise and bring long term orientation to the
relationship
Axis Bank to own 30% stake in Max Life post transaction closure
Max Life to include Axis Bank logo in its brand tag line to demonstrate the close knit partnership
42% Chief Financial Officers unprepared for second wave of coronavirus worldwide
“As CFOs are attempting to project revenue and profits for 2020, it’s surprising that 42 per cent are not baking a second wave of COVID-19 into any of their scenarios” said Alexander Bant, practice vice president, research, for the Gartner Finance practice on Monday.
COVID-19 death toll rises to 934 in India; cases climb to 29,435: Health ministry
Of the 934 deaths, Maharashtra tops the tally with 369 fatalities, followed by Gujarat at 162, Madhya Pradesh at 110, Delhi at 54, Rajasthan at 46 and Andhra Pradesh and Uttar Pradesh at 31 each
Moody’s slashes India growth forecast to 0.2% for 2020
“India extended a nationwide lockdown to 40 days from 21 days, but relaxed restrictions in rural areas to facilitate agricultural harvesting in the second half of April. The country has determined that many of these areas are free of the virus. India also plans a phased opening of different regions while continuing to carry out identification and contract tracing, Moody’s said.
LIC’s P&GS vertical clocks Rs1,26,749 cr of prm in FY2019–20,settles 2.03cr maturity and money back claims & annuities
The corporation collected single premium of Rs 21,967 crores and non single premium of Rs 29,260 crores , the ratio being 42.88 for single premium and 57.12 for non single premium.
U.S. Supreme Court rules for insurers over $12 billion Obamacare claims
Health insurers turned to federal courts to obtain the payments. The U.S. Court of Appeals for the Federal Circuit ruled in 2018 that Congress effectively repealed its obligation to pay the insurers, prompting the insurers to appeal to the Supreme Court.
The law, dubbed Obamacare, has enabled millions of Americans who previously had no medical coverage to obtain insurance, including those with pre-existing medical conditions.Unlike other court cases involving Obamacare, this dispute concerned only payments to insurers and did not directly challenge the law itself.