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Cyclone Michaung: Economic and Insured losses of Chennai floods will be much less than 2015 event
Preliminary estimate of 5th December devastation out of...
Govt makes air-conditioned truck cabin mandatory from Oct 2025
Recently, Union Road Transport Minister Nitin Gadkari said that...
Financial services to add 47,800 new jobs in April-September FY20
“Despite the setbacks seen in NBFCs, the financial services sector has shown a positive outlook in terms of hiring. An important factor that has helped this sector grow is the penetration into the rural markets. The expansion will result in a surge of job opportunities in the tier-II and III cities,” TeamLease Services head of BFSI and government vertical Amit Vadera said.
Exams for company directors: Modi govt finds a way to stop corporate frauds
Independent directors on company boards will soon have to clear an exam before they can be appointed, said Injeti Srinivas, the top bureaucrat in charge of corporate affairs. The government is also seeking a ban on Deloitte Haskins & Sells saying it failed to warn of mounting risks at a major shadow lender, and the banking regulator suspended an EY affiliate this month after finding problems in one of its audits.
Over Rs 2.05 lakh crore frauds in 11 years: ICICI Bank, SBI and HDFC among top victims
Of the total 53,334 cases of frauds reported during 2008-09 and 2018-19 fiscal years, involving a whopping Rs 2.05 lakh crore, a highest of 6,811 were reported by the ICICI Bank involving Rs 5,033.81 crore.The state-run State Bank of India (SBI) reported 6,793 fraud cases involving Rs 23,734.74 crore followed by HDFC Banks which recorded 2,497 such cases involving Rs 1,200.79 crore, according to the data given by the central bank in response to an RTI query filed by this correspondent.
Severe cyclonic storm likely to hit Gujarat on June 12 night: IMD
The India Meteorological Department (IMD) has issued a warning of heavy rains with winds blowing at the speed of over 110 kms on June 13 and 14 in coastal areas of Saurashtra and Kutch.
Life expectancy in India down by 2.6 years due to air pollution: Study
“The deadly tally broken up by diseases shows that chronic obstructive pulmonary disease (COPD) due to air pollution at 49% is responsible for close to half of deaths, followed by lung cancer deaths at 33 per cent, diabetes and ischaemic heart disease at 22 per cent each and stroke at 15 per cent. It is disturbing how COPD, lung cancer and ischaemic heart disease dominate the dubious tally,” it said.
Auto industry seeks govt support as PV sales see sharpest decline in 18 yrs
The passenger vehicle (PV) sales declined for a seventh straight month in May to 2,39,347 units against 3,01,238 units in the year-ago month. In fact, barring October last year, when sales were up 1.55 per cent, PV offtake has been in the negative in the ten months off the last 11 months.
Govt plans to re-introduce National Medical Commission Bill
After its introduction in the Lower House of parliament in 2017, the Bill, which aimed at replacing the Medical Council of India Act, 1956 and included the contentious provision of a “bridge course” to allow practitioners of alternative medicines to pursue allopathy, was referred to a Department-Related Parliamentary Standing Committee following massive protests from the medical fraternity.
Union Health Harsh Vardhan Minister hits back at Kejriwal over Ayushman Bharat
“PMJAY insurance cover of Rs. 5 lakh per year is good. In 8 months of implementation of PMJAY, only 10 families out of almost 10.74 crore families have exhausted this cover,” the Union Health Minister asserted.
Cyclone Fani caused loss of over Rs 9,000 crore to Odisha
“The state government is seeking an assistance of Rs 5,227.68 crore from the National Disaster Response Fund (NDRF) in order to meet the expenditure on the ongoing relief and restoration measure,”
Now weather forecasters shield India Inc from rainy days
According to Noida-headquartered Skymet Weather Services’ Founder and Managing Director Jatin Singh: “The business has gained traction in India as insurance, banking, agribusiness, commodity traders, retail and e-commerce, transportation and government institutions have become our clients over the years.
“We are India’s largest crop insurance settlement agency.”