Alok Agarwal, MD&CEO- designate, Zurich Kotak General Insurance...
Category:
Indian News
Latest
SC junks PIL raising security concerns of communications through Whatsapp, Telegram
The PIL said that vulnerability in the Android applications...
Govt to soon come up with new policy for elderly
Rajit Mehta, Chairman, ASLI and MD & CEO, Antara Senior Care,...
Have directed states ensure compliance with Covid directives: Centre
The Centre has submitted that national directives for COVID-19 management include face coverings, social distancing, not spitting in public places, work from home, staggering of work/business hours, screening and hygiene and frequent sanitisation.
India’s summer crop planting lags as monsoon rains taper off
India, one of the world’s top agriculture producers, has received 5% below average rainfall since June 1, when the four-month rainy season began. Monsoon rains were 46% below average in the week to July 7.
The state-run weather office defines average, or normal, rainfall as between 96% and 104% of a 50-year average of 88 cm for the entire season.
LIC’s Chairman post will be termed as `Chairperson’ for next 3 years
Issuing a circular last Friday, LIC has said as per section 4 (2) (a)of the amended LIC Act, 1956 which has become effective from 30th June, 2021, the erstwhile whole time position of chairman would be “Chairperson” during the initial period of three years
Life insurers report 4% rise in new year premium in June at Rs 30,009 cr
LIC’s cumulative first year premium in the June quarter fell 2.54 per cent from a year ago to Rs 35,600.68 crore. For the private industry, the combined cumulative new year premium during the three months rose by 34 per cent to Rs 17,124.58 crore.
For the remaining 23 private sector life insurers, the new premium in June jumped about 34 per cent to Rs 8,213.20 crore as against Rs 6,131.84 crore in the year-ago period.
Kerala on alert after Zika outbreak; Centre rushes team
Of the 19 samples sent to the Pune-based institute, 13 were found to be positive for Zika, the State government said on Friday.
The symptoms are similar to dengue and they include fever, rashes and joint pain.
State health minister Veena George said an action plan has been drawn up to control the spread of Zika.
India reports 42,766 new COVID-19 cases, 1,206 deaths in last 24 hours
Till date, 37.21 crore vaccine doses have been administered so far under the nationwide vaccination drive.
NGT imposes Rs 10 crore fine on pharma company Teva API
“Having regard to the nature of violations in the present case and the financial capacity of the unit in question, we determine the compensation amount at Rs 10 crore which amount may be deposited with the District Magistrate within one month.The District Magistrate may keep the amount in a separate account to be spent for restoration of the environment by preparing an action plan for augmentation of the groundwater, afforestation, landscaping, restoration of the drain and offsite emergency plans,” the bench said.
FM Sitharaman emphasises on role of technology in fighting climate change
She also shared India’s innovative policy mix for better environmental outcomes, such as the new Energy Map of India; digital innovation and emerging fuels; International Solar Alliance for enabling clean energy; and promotion of energy efficiency and afforestation.
Economy recovering due to targeted fiscal relief, rapid vaccination: FinMin
Apart from eight relief measures announced in health and other worst affected sectors, Sitharaman announced a stimulus package for the tourism industry, which included five lakh tourist visas to be issued free of charge, once the government resumes issuance. The total financial implication of the scheme will be Rs 100 crore.
Resilient tax collections of the central government in the first two months of FY 2020-21 and sustained momentum in capital expenditure, particularly in the road and rail sector, the report said, augurs well for continued economic recovery driven by capital expenditures.
LGBTQ partners now included in corporate health insurance by insurtech Plum
Plum palns to building the highest quality and most inclusive health benefits plan for companies and shaping better workplaces in India. The company is working with insurers to make LGBTQ cover the default option for every health insurance policy they offer to customers, said a statement by Plum.