Insurance business pertaining to Government social security schemes...
Category:
Indian News
Latest
Premiums for disaster-prone areas need to be subsidised: Parl panel
This may require a specialized insurance business to be set up by...
House panel recommends reduction of GST on health, term and micro insurance policies
Jayant Sinha, chairman, Parliamentary Standing Committee on Finance...
DGCA may impose spot fines at airports for violation of Covid guidelines
In a circular on Tuesday, the regulator said, “During the surveillance of some airports, it has come to notice that compliance (of COVID-19 protocols) is not satisfactory.”
“All airport operators, therefore, are requested to ensure that the instructions on COVID-19 protocol from the standpoint of wearing face mask properly, covering nose and mouth, as well as maintaining social distance norms within the airport premises are followed scrupulously,” it said.
Indian payments firm MobiKwik says it is probing date breach claims
“The company is closely working with requisite authorities, and is confident that security protocols to store sensitive data are robust and have not been breached,” MobiKwik said in a statement. “Considering the seriousness of the allegations, and by way of abundant caution, it will get a third party to conduct a forensic data security audit”.
India’s coronavirus cases peak over 12 million for first time
Daily deaths rose by 291 on Monday and the virus has so far killed 161,843 people in the country.84.5 per cent of new COVID-19 cases reported from 8 states
MoF shortlists 10 GMs for selecting CMDs of National Insurance & United India
The candidates who have been shortlisted are: Madhulika Bhaskar, GM, GIC Re, Suchita Gupta, GM, GIC Re , Surya SwaroopS Saxena,GM, Agriculture Insurance Company, Rajeshwari Singh, GM, AICL, SL Tripathy, GM, GIC Re, Inderjeet Singh, GM, New India Assurance, S Tuli(Nagpal), NIC, Rekha Gopal Krishna, GM, NIA, N Ramaswami, GM, currently heading London operation of GIC Re, Neerja Kapur, currently heading London operations of NIA.
Over 40 mn old vehicles on Indian roads, Karnataka tops list at 700,000
More than four crore vehicles have been found to be older than 15 years, including over two crore which are more than 20 years old, as per the data.
The digitised vehicle records are as per the centralised Vahan database that excludes “Andhra Pradesh, Madhya Pradesh, Telangana, and Lakshadweep”, the ministry said.
Uttar Pradesh occupies the second spot with 56.54 lakh vehicles, of which 24.55 lakh are older than 20 years.
Cairn to seize overseas Indian assets to enforce $1.2-bn arbitration award
India has appealed against the arbitration award on the grounds that taxation-related matters are not covered in its bilateral investment treaty with the United Kingdom under which the case was filed, and therefore the arbitration tribunal does not have the jurisdiction to rule on the matter, sources said.
Ship blocking Suez Canal moves slightly, unclear when it will refloat
Suez (Egypt): Efforts to dislodge a giant container ship blocking the Suez Canal have allowed its stern and rudder to move, but it remains unclear when the vessel will be refloated, the head of the canal authority said on Saturday. The 400 metre (430...
Amid Covid surge, RBI to opt for status quo in monetary policy: Experts
In a report, Dun & Bradstreet said the recent surge in the COVID-19 cases and the restrictions imposed by several states will impose further uncertainty and hurdles to the pace of revival of industrial production.
IPO gold rush: Buoyed by global liquidity, firms lap up Rs 31k cr in FY21
Companies including LIC, HDB Financial Services, NCDEX, ESAF Small Finance Bank are expected to come out with their IPOs in 2021-22, said Rajendra Naik, Managing Director – Investment Banking, Centrum Capital.
Sandeep Bhardwaj, CEO, Retail at IIFL Securities said the IPO pipeline remains strong with 28 companies holding markets regulator Sebi’s approval for raising nearly Rs 28,710 crore through initial share-sale going forward.
Fire breaks out in govt hospital in Kanpur; no casualty
The chief minister also directed a high-level team, including the principal secretary, health education and the director general of the fire department, to visit the site and give its report immediately.