Passenger vehicles posted its highest-ever sales of October in 2024...
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East India better insured to take on retired life than other regions: Max Life Study
Notably, East India also led in National Pension System (NPS)...
Next GST Council meet on Dec 21-22, Decision on lower GST rate on health and life insurance
Union Finance Minister Nirmala Sitharaman The 55th GST Council...
Doubling time of coronavirus cases in India improves to 17.4 days: Health ministry
During the meeting with the cabinet secretary, the states were advised to focus on containment, testing and tracing, upgrading health infrastructure, clinical management and community engagement for effective management of COVID-19.
India’s vaccine shortage eases as inoculations outpace new registrations
Nearly half or 49% of the 60 and above population has been vaccinated with the first dose of Covid-19 vaccine. The percentage is 42% for those between 45 to 59 and 15% for those between 18-44 years. Total vaccine doses administered so far crossed the 33 crore mark on Tuesday.
AIA Group picks up 24.99% stake in China Post Life Insurance
Lee Yuan Siong, AIA’s Group Chief Executive and President, said: “The Chinese insurance market is already the second-largest in the world with immense long-term growth opportunities given the protection gap of more than US$40 trillion6. This unique investment in China Post Life enables AIA to capture additional areas of growth and benefit from the substantial potential for value creation.
Devas joins Cairn Energy in trying to seize Air India’s overseas assets
Calling the flagship airline an “alter ego” of the Indian state and therefore liable for the sovereign’s debts, Devas filed a petition in New York asking Air India to pay the amount or forfeit its U.S. property including planes, cargo handling equipment and artwork.
17 pc dip in average fresh COVID-19 cases since 2nd Corona wave peak in May, says Union Health Ministry
The Union Health Ministry further added that a total of 51 Delta plus variant cases reported in India. In regard to the Moderna COVID-19 vaccine, Dr VK Paul, Member-Health of Niti Aayog said, “New drug permission has been granted to Moderna, the first internationally developed vaccine. This new drug permission is for restricted use.”
India says will oppose ‘regressive proposal’ by rich nations on carbon tax
US President Joe Biden’s administration is considering a so-called border adjustment tariff to be levied on certain carbon-intensive goods imported from countries with lax climate controls. That’s similar to plans put forth by the EU and those being discussed by the UK and Canada.
SC orders implementation of ‘one nation, one ration card scheme’ by July 31
The bench directed the Centre to develop a portal with the help of the National Informatics Centre (NIC) for registration of unorganised sector workers for granting them the benefits of welfare schemes by July 31.
Cipla gets DCGI nod to import Moderna’s COVID-19 vaccine for restricted emergency use in India: Sources
According to the sources, approval is likely anytime as the Central Drugs Standard Control Organisation (CDSCO) is in favor of granting permission to Cipla for import of Moderna’s COVID-19 vaccine for restricted emergency use in India considering the pandemic situation in the country and the public interest.
India records 46,148 new COVID-19 cases, 979 deaths
Around 32.36 crore vaccine doses have been administered so far under the country’s vaccination drive. India has achieved another milestone in COVID-19 vaccination and overtaken the USA in the total number of Covid Vaccine doses administered.
MS&AD becomes the first Japanese insurer to adopt coal exit policy
Yuki Tanabe, Program Director at the Japan Center for a Sustainable Environment and Society (JACSES), said: “We welcome MS&AD’s announcement to completely end insurance underwriting for new coal-fired power generation projects, and urge other Japanese non-life insurers, such as Tokio Marine and Sompo, to establish similar policies immediately.”