The new head office of Chennai based United India Insurance, which...
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SC upholds Rajasthan’s 2-child norm for govt jobs
“This court held that the classification, which disqualifies...
SC asks govt to fix standardised rates for hospital treatments across the country in next six weeks
`We, direct the Secretary, Department of Health, Union of India to...
HC asks Centre why it should not face contempt for failing to supply oxygen
A bench of Justices Vipin Sanghi and Rekha Palli also rejected the Centre’s submission that Delhi was not entitled to 700 metric tonnes of medical oxygen in light of existing medical infrastructure.
“We see grim reality everyday of people not able to secure oxygen or ICU beds in hospitals which have reduced beds due to gas shortage, the high court said.
India asks state banks to protect dollar assets on Cairn concern
U.K.-based Cairn Energy can push authorities to impound Indian assets if the South Asian nation declines to honor an arbitration ruling in a $1.2 billion tax dispute, according to a letter the company sent to the Indian High Commission in the U.K. earlier this year.
The banks’ decision to avoid adding more dollars to their offshore account has roiled India’s exchange rate in recent days because state-run banks are the usual counterparties who swap rupees into dollars and their absence makes the forward trade more expensive. The one-month USD/INR premium rose to as much as 10% on Tuesday on an annualized basis, from 5.41% on Thursday.
Maruti Suzuki cuts production as car sales fall due to Covid lockdown
The problem is on the “sales side because in several states there is a partial lockdown and there’s a curfew in some states and the dealers who sell the cars are having to close down,” Maruti Chairman R.C. Bhargava said in an interview with Bloomberg Television on Tuesday. “Half the sales outlets are closed at the moment.”India’s largest carmaker was producing at full capacity before it also decided to shut some plants in order to divert oxygen to hospitals last week.
COVID-19: India records 3,780 fresh fatalities, 3,82,315 cases in single day
Registering a steady increase, the active cases have increased to 34,87,229 comprising 16.87 per cent of the total infections, while the national COVID-19 recovery rate was recorded at 82.03 per cent, the data updated at 8 am showed.
Bajaj Allianz General net soars 33.2% to Rs 1,330 cr in FY21
The company said that Rs 237 crore of the Rs 1,330 crore net income is underwriting profit, the key measure of an insurance company. But for the fourth quarter, the same plunged to a mere Rs 6 crore from Rs 159 crore in last year. In FY20, the company had an underwriting loss of Rs 11 crore, he said.
Aaditya Thackeray suggests creating paediatric Covid care ward anticipating next wave
“Along with paediatric covid care centre, another aspect we are now focussed on is to create a network of creches for those parents who may have to be in covid care centres and may not have support to look after their children, that aren’t infected by covid,” he added. He further said that Mumbai saw a massive spike last month and sustained it because of the constant increase in beds and facilities.
75 lakh people lose jobs in April as lockdowns sprout; unemployment at a 4-month high: CMIE chief
The national unemployment rate touched 7.97 per cent as per the centre’s proprietary data, with urban areas witnessing higher stress at 9.78 per cent and rural joblessness at 7.13 per cent.
SBI Life Q4 net profit nearly flat at Rs 532 cr
Value of new business registered 16 per cent growth in FY21 to Rs 2,334 crore.The assets under management showed a rise of 38 per cent to Rs 2,20,871 crore as of March 31, 2021.
4,68 lakh dedicated beds for COVID-19 patients in 2,084 hospitals, Centre to SC’
“It is common knowledge that a large number of medical, nursing and pharmacy students, who graduated in 2020 and would be in the process of graduating in 2021, would be available to augment the workforce in the health sector. The Central Government should, we feel, look into this aspect, and ensure the optimal manner of utilization of their services, regard being had, of course, to their safety and well-being,” it said.
The Central Government should also consider using health care workforce available with the armed forces and para military forces for the purpose of vaccination, it suggested.
Cloudbursts in Rudraprayag, Uttarkashi
However, there is no information about any human casualties in the incidents, the state emergency operation centre here said.