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India’s gold demand to hit 4-year low amid price rally: World Gold Council
Gold demand in the world's second-biggest consumer of the precious...
New India turns profitable at Rs 71 crore in Q2FY25
Girija Subramanian, CMD, NIA, said, "It gives me immense...
Private hospitals to log 15-17% revenue growth in FY22: Crisil
“While the second wave lashed again in April, the first quarter this fiscal will be sharply better on-year, with occupancy of 75 per cent, almost double on-year. This will be largely on account of a surge in Covid-19 treatments more than offsetting the deferral of elective surgeries and outpatient footfalls,” Crisil Ratings Senior Director Manish Gupta said.
As the second wave recedes in the second quarter, Crisil expects pent-up demand for non-Covid treatments to rebound and support occupancy, he added.
IRDAI allows home treatment as add-on cover in health insurance
Reacting to the development, Liberty General Insurance Ltd’s CEO and Whole Time Director Roopam Asthana told IANS that the “add-on cover has to be priced right taking into account the data and possible scenarios”.
Though the insurers will save on huge daily hospital room charges, the doctor and nurse fee may be on slightly on the higher side then what a hospital charges.
India’s antitrust watchdog orders probe into Google in smart TVs suit
The case will be Google’s third ongoing antitrust investigation in India, where it faces a probe into its payments app and Android mobile operating system. Reuters reported last week that an investigation into the smart TV case was likely soon.
HDFC Life announces a bonus of Rs 2180 cr for its 15.49 lakh participating plans in FY 2021
15.49 lakh policyholders of HDFC Life Insurance are eligible for this bonus. ICICI Prudential Life Insurance declared its highest-ever annual bonus of Rs 867 crore for the policyholders for FY21.
Bajaj Allianz Life, has declared bonuses amounting to Rs. 1,156 crore to its policyholders. This includes a special one-time bonus of Rs. 315 crores, which is over and above the regular bonus.
SC reserves verdict on Rs 4 lakh ex-gratia compensation to kin of COVID-19 deceased
The top court asked the parties to file written submissions in three days and specifically directed the Centre to simplify the process of grant of death certificates to the dependents of those who have died of COVID-19.
The Centre had earlier told the apex court that the ex-gratia compensation of Rs 4 lakh cannot be paid to the families of those who have died of COVID-19 as the finances of state governments and the Centre are under severe strain.
‘If there is any fatality, we will hold state govt responsible’, SC tells AP
“You will have to give very good reasons to hold Class 12 board examinations. If there is any fatality, we will hold the state responsible,” the bench told counsel for Andhra Pradesh.
India reports around 40 cases of Delta plus variant
“As of now among the samples sequenced (45000+) in India, Delta plus variant — AY.1 –has been observed sporadically in Maharashtra, Kerala and Madhya Pradesh, with around 40 cases identified so far and no significant increase in prevalence,” the ministry said in its statement.
These three states have been advised to strengthen surveillance and take appropriate public health measures.
AstraZeneca Plc’s COVID-19 vaccine is effective against Delta and Kappa variants, which were first identified in India, the company said on Tuesday, citing a study.
The study by the Oxford University investigated the ability of monoclonal antibodies in blood from recovered people and from those vaccinated to neutralize the Delta and Kappa variants, the statement said.
HC refuses to stay CCI notice to Facebook, WhatsApp in privacy policy matter
The case relates to the appeals of Facebook and WhatsApp against a single judge order dismissing their pleas against the probe CCI ordered into the instant messaging app’s new privacy policy.
From burgers to airfare, discount offers stack up for inoculated Indians
India’s 291 million administered doses are the most after China and the United States, but only about 5.5% of its estimated adult population of 950 million has received both doses necessary for full protection against the virus.
Vaccine flow is only expected to improve from August.
KM Birla won’t buy firms with global supply chains, cites protectionism
China’s rapid economic rise in the past few years and the coronavirus pandemic more recently have exposed the vulnerabilities of global supply chains. This, in turn, has spurred almost every nation, be it the U.S., European Union or Australia, to turn inward, protect domestic enterprises and pursue self-reliance — a macroeconomic policy shift that has complicated growth plans for multinational corporations.