Health insurance sector itself is facing headwinds with 12-15%...
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Life Insurance:Driving Product Innovation and Long-Term Sustainability
Along with changing customer needs, expanded datasets and...
Sri Lanka shuts offices, schools as 56 killed due to floods and landslides
More than 25 people were killed Thursday in landslides in the...
Eco-Survey: Banks and insurers must avoid mis-selling and address grievances to keep financial system healthy
Commercial banks and insurance companies, even as they aim to achieve greater market penetration, must keep in mind levels of financial literacy in the country, avoid over lending mis-selling and address grievances, such that the financial cycle stays healthy as long...
Economic Survey pegs India’s GDP growth rate at 6.5-7 pc for 2024-25
India’s economy carried forward the momentum it built in FY23 into FY24 despite a gamut of external challenges. India’s real GDP grew by 8.2 per cent in FY24, exceeding the 8 per cent mark in three out of four quarters of FY24. The focus on maintaining macroeconomic...
Need to focus on improving airlines viability; ensure environmental sustainability: Eco Survey
"The aviation industry in India is on the cusp of unprecedented growth, with a strong order book of more than 1500 aircraft placed by Indian airlines and a projected demand for over 2,200 aircraft by 2042," it said. For India to take a leadership position in aviation,...
Eco Survey calls for paradigm shift to counter rising mental health and obesity issues among Indians
Mental health drags down productivity more widely in the ecosystem than individuals' physical health issues, it noted. Quoting the National Mental Health Survey (NMHS) 2015-16 data, the survey said 10.6 per cent of adults suffered from mental disorders in India while...
Insurers face business interruption claims after global tech outage
"Some cyber insurance policies exclude non-malicious events, and there are waiting periods and deductibles that businesses will have to consider before making a claim with their insurance carriers," said Nir Perry, CEO at CyberWrite, a cyber insurance risk platform...
Lung diseases’ burden much higher than Lancet’s projection: Doctors
"It is going to remain the number one killer and disabling disease with continued bad lifestyle and increasing stress. Yet, there is a lack of understanding of the exact mechanism of formation of these blockages (in the heart's blood vessels). Till we understand the...
‘India staring at infertility crisis may alter population dynamics ‘ says top IVF chain Founder
"This silent epidemic, affecting one in six couples, is rapidly evolving into a national emergency with far-reaching consequences for India's societal structure and economic prospects," Dr Ajay Murdia, Founder and Chairman of Indira IVF, said Hormonal issues,...
Elderly population in India likely to double by 2050: UNFPA India chief
She said as the number of individuals, aged 60 and above, is projected to double to 346 million by 2050, there is a pressing need for increased investment in healthcare, housing and pension schemes New Delhi: India's elderly population is expected to double by 2050,...
1 dead from Nipah virus in Kerala, 60 identified as high-risk
Nipah, which comes from fruit bats and animals such as pigs, can cause a lethal, brain-swelling fever in humans. It is classified as a priority pathogen by the World Health Organization (WHO) because of its potential to trigger an epidemic. There is no vaccine to...
LIC stock gives highest return among top 10 firms by market cap in last one year
LIC, nation’s biggest insurer has given the highest returns of 74 per cent in the last one year among the top 10 firms by market capitalization and the only non-sensex stock followed by the telecom major Bharti Airtel Ltd with the gain of 68.20 per cent, the country’s...