The implementation of Bima Sugam is going as planned and is now...
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Bima Manthan:IRDAI asks insurers to strictly focus on claim settlement, zero-tolerance to non-compliance of regulations
Debasish Panda, chairman,IRDAI Distribution reforms in the pipeline...
Income Tax dept activates section-wise mapping of old I-T Act, new tax bill
The Bill introduces a new concept of 'tax year' as the 12-month...
Delivery race among Indian grocery startups brings road safety risks
"Ten minutes is very sharp," said a former road secretary, Vijay Chhibber. "If there was a (road safety) regulator, it would have said this can't be a company's unique selling point." NEW DELHI: Indian grocery startups are luring tech-savvy customers with the promise...
Omicron in community transmission stage in India, dominant in metros reporting surge: INSACOG
“Omicron is now in community transmission in India and has become dominant in multiple metros, where new cases have been rising exponentially. BA.2 lineage is in a substantial fraction in India and S gene dropout based screening is thus likely to give high false...
India reports over 3.33 lakh new COVID-19 cases, daily positivity rate at 17.78 pc
As many as 525 fatalities were registered in the last 24 hours, taking the country's death toll to 4,89,409. The total recoveries climbed to 3,65,60,650 with 2,59,168 people recovered in the past 24 hours, the ministry said India reported 3,33,533 new COVID-19 cases...
Aspirational districts now eliminating barriers to progress: PM Modi
Launched by the prime minister in January 2018, the aspirational districts programme aims to quickly and effectively transform 112 most under-developed districts across the country New Delhi" Aspirational districts are now eliminating the barriers to the progress of...
Seven dead, 16 injured in massive fire in central Mumbai high-rise
"It is a ground plus 20-storey building. The blaze erupted around 7 am in Kamla building located opposite Gandhi Hospital at Gowalia Tank,when many of its residents were still asleep The fire broke out on its 18th floor. Several persons were injured in the incident...
With 3.37 lakh new COVID-19 cases, India reports 9,550 less infections in last 24 hrs
In the last 24 hours, 488 people succumbed to the virus. The death toll is now at 4,88,884. A total of 10,050 cases of Omicron variant of COVID-19 have been detected so far. The ministry said that there is an increase of 3.69 per cent in Omicron cases since yesterday...
5G coverage inside buildings to be a challenge as signals get transmitted on high frequencies: Trai
"Holistic approach will be required to ensure availability of digital infrastructure in building complexes, that also in a non-discriminate manner. There is a huge problem in getting access to the buildings by the infrastructure providers, telecom service providers...
HDFC Life net profit rises 3% to Rs 274 cr in Q3 FY 22
“Business sentiment remains positive and the high-frequency indicators suggest economic revival is on track. We are optimistic about the sustenance of business momentum in the months to come,” said Vibha Padalkar, MD & CEO, HDFC Life Insurance Mumbai: HDFC Life on...
PFRDA to ‘discuss’ plan to raise equity exposure in NPS to 75%
"Currently, they have a maximum equity exposure of 50 per cent but that too 50 per cent we call auto kind of investment. So this auto choice is nothing but it follows a lifecycle fund pattern where up to the age of 35, it will be 50 per cent in equity and balance will...
Most people feel I-T exemption limit could be raised from Rs 2.5 lakh: Survey
As many as 36 per cent of the survey respondents felt that the 80-C deduction limit of Rs 1.5 lakh will be increased, while 19 per cent felt that the standard deduction could be increased for salaried class from the current Rs 50,000 New Delhi: A majority of...