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IRDA forms Ritesh Kumar panel to study long-term products in Property (Dwelling), Motor and Health Insurance
The new WG will examine framework surrounding the products in...
Cyber attacks on Indian healthcare industry second highest in the world: CloudSEK
According to the firm, the technological advancement in the...
RBI says coronavirus has ‘drastically altered’ India’s growth outlook
“While efforts are being mounted on a war footing to arrest its spread, COVID-19 would impact economic activity in India directly through domestic lockdown. Second round effects would operate through a severe slowdown in global trade and growth,” the central bank said.
SC order for free Covid-19 testing may hinder fight,say experts
To beef up the infrastructure for screening, the government approved 56 laboratories for testing in addition to 136 government-run labs and set a price cap of 4,500 Indian rupees ($59.13) for every test.
The plan is to scale up to 20,000 tests in the next few days and eventually to 100,000 a day in the worse-case scenario.
But the court decision threatens to derail the plan to widen testing, said Shamika Ravi, a former member of the Indian Prime Minister’s Economic Advisory Council and a health specialist.
Coronavirus impact on Swiss Re absolutely manageable,says official
Schmid said that he expected to see an increase in demand for coverage against pandemics. But insurers’ capacity to take on such a systemic risk has limits and governments must also be involved, he said
China’s Wuhan lockdown ends, but another begins as local coronavirus cases rise
Asymptomatic patients and imported infections have become China’s chief concern.
Mainland China’s new coronavirus cases doubled in 24 hours as the number of infected overseas travellers surged, and new asymptomatic infections more than quadrupled.
IRDA allows 3 months moratorium on repayment of term loans sanctioned by insurers
IRDAI has allowed insurers to grant a moratorium of three months towards payment of instalments falling due between 1st March, 2020 and 31st May, 2020. The repayment schedule for such loans and also the residual tenor, will be shifted across the board by three months subsequent to the moratorium period.
SC asks Centre to make COVID-19 tests in pvt labs free of cost
“We, thus, issue following interim directions to the respondents: (i)The tests relating to Covid-19 whether in approved Government Laboratories or approved private Laboratories shall be free of cost. The respondents (Centre and other authorities) shall issue necessary direction in this regard immediately,” the bench said.
Doctors, healthcare workers are warriors, have to be protected, SC tells Centre
“They (doctors and healthcare professionals) are warriors. They have to be protected,” the bench observed, adding, “You have to think how to start production. Service sector is working from home. Their well being and mental health is also important”.
Lockdown won’t be lifted in one go, PM Modi hints at all-party meeting
The meet comes amidst indications that the Central government may extend the lockdown across the country beyond April 14 after several states have favoured the extension to contain the fast-spreading virus, as the positive cases in the country show no signs of any let up.
China sees slight rise in new coronavirus infections as imported cases jump
China reported 63 new cases on Wednesday, up from 62 a day earlier, the National Health Commission said.Of those, 61 involved travellers arriving from overseas, the health authority said on Thursday, the most since March 25.That brings the total number of confirmed cases in mainland China to 81,865.
Speed of coronavirus deaths shock doctors as New York toll hits new high
Patients “look fine, feel fine, then you turn around and they’re unresponsive,” said Diana Torres, a nurse at Mount Sinai Hospital in New York City, the center of the nation’s worst outbreak. “I’m paranoid, scared to walk out of their room.”