The Cabinet was informed that under five mortality rate (U5MR) in...
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Time to address mental health issues in the workplace, UN agencies urge
Bullying and psychological violence, also known as “mobbing,” is a...
Indian general insurance industry’s record underwriting losses flare up by 50% to Rs 28,500 crore in FY2021-22
The four PSU general insurers, which together have over 35 per cent...
European firms to see value erosion by 1 trn euro as Covid-19 hurts: Report
Noting that aviation will be hit the hardest, the report said the global airline industry has already called for up to 200 billion euros in emergency support and Boeing alone has called for 60 billion euros in assistance for aerospace manufacturers.
LIC announces relaxation for premium payments
“In view of extraordinary circumstances prevailing in the country on account of COVID-19, LIC of India has announced relaxation to its policyholders in payment of premium due on in-force policies up to 15th April, 2020. Policyholders are requested to stay indoors and avoid visiting any office to pay premium. The policyholders of LIC can however use online services of LIC and click at at https://licindia.in/Home/Pay-Premium-Online to pay premium online,”the life insurer said in a statement on Sunday.
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Caronavirus Pandemic:Major automakers suspend productions
“The company will shut production and office operations at its facilities in Gurugram and Manesar, Haryana with immediate effect till further notice. The R&D Centre at Rohtak will also remain closed. The duration of this shutdown will depend upon government policy”, Maruti Suzuki said in a statement.
RBI quickly sets up Business Contingency Plan amid coronavirus outbreak
The BCP playbook documents the measures for anticipated disruptions, smooth flow of operations and staffing, identification of the key resources, formation of crisis management groups, while keeping all the staff insulated from exposure to the coronavirus.
India lockdown may be ‘too slow’ to stop millions of infections
While growth in cases in India has so far been slow — reaching 396 with seven deaths — by April 15 the country will be overwhelmed by infections, said Dr. T. Jacob John, the former head of the Indian Council for Medical Research’s Centre for Advanced Research in Virology, warning India’s epidemic could grow to be worse than in Italy or Iran.
Caronavirus Pandemic:Indian shares crash,Global stocks crumble
Indian equity markets crashed over 7 per cent on Monday as the governments the world over struggle to contain the fast spreading novel coronavirus (COVID-19). In India, various state governments announced lockdown in nearly 80 districts across the country as the total number of confirmed Covid-19 cases inched towards 400.
Lockdowns not enough to defeat coronavirus – WHO’s Ryan
Nearly one billion people confined to homes globally to curb virus
“Today I have a message for young people: you are not invincible. This virus could put you in hospital for weeks — or even kill you,” WHO chief Tedros Adhanom Ghebreyesus said.
“Even if you don’t get sick, the choices you make about where you go could be the difference between life and death for someone else.”
Modi’s ‘stay at home’ call may deepen India’s economic slowdown
“The current social-distancing measures will severely impact airlines, hotels, malls, multiplexes, restaurants and retailers,” according to analysts at Crisil Ltd., the local unit of S&P Global. “Lower footfalls and occupancies, decline in business volume and sub-optimal operating efficiencies will impact cash flows of companies in these sectors,” wrote the analysts led by Chief Economist Dharmakirti Joshi.
ICMR revises testing strategy to fight spread of new coronavirus
The coronavirus cases rose to 258 on Saturday in India with fresh cases being reported from various parts of the country.