However, there was no report of any major damage or casualty so far...
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FSIB selects 5 EDs for PSU general insurance cos
Ayyappan Chakravarty Seshadri, general manager, New India...
Ambani’s Jio Financial in talks with Allianz SE to set up insurance JVs in India
Mukesh Ambani, chairman, Reliance Industries Jio Financial, helmed...
NGT forms 3-member committee to evaluate risk over Nayara Energy expansion
“The committee may recommend safety measures to prevent accidents on account of operation of the activities by ensuring proper on-site and off-site emergency plans and hospital backup and awareness in the local residents,” said the bench, also comprising Justice M Sathyanarayanan.
India records 91,702 new COVID-19 cases, 3,403 fresh fatalities
ICMR to start national sero surveys to assess Covid spread: Health ministry
On the US’s Food and Drug Administration (FDA) denying Emergency Use Authorisation (EUA) to Bharat Biotech’s COVID-19 vaccine Covaxin, the health ministry said, We respect each country’s regulatory system, but it will have no impact on India’s vaccine programme.
Non-life insurers’ gross direct premium rises 11 pc to Rs 12,316 cr in May
The six standalone private sector health insurance companies registered a jump of 66.6 per cent in their gross premium at Rs 1,406.64 crore in May 2021, as against Rs 844.13 crore earlier.
On a cumulative basis, the gross direct premium of all the non-life insurance companies grew by 17.5 per cent to Rs 29,626 crore in April-May 2021-22, as against Rs 25,212.55 crore in the same period of the previous fiscal.
Passenger vehicle sales in India dip 66 per cent in May as COVID disruptions take toll: SIAM
Commenting on the sales data, SIAM Director General Rajesh Menon said that many states were under lockdown due to COVID-19 cases for most part of May thus impacting overall sales and production during the month.
“Many members (auto cos) had also shut down their manufacturing plants to divert oxygen from industrial use for medical purposes,” he added.
May received the second highest rainfall in 121 years, says IMD
It also said that at 34.18 degrees Celsius, the average maximum temperature over India this May was the fourth lowest since 1901.
The lowest ever temperature recorded for May was 32.68 degrees Celsius in 1917. The temperature was lowest since 1977 when it was of 33.84 degrees Celsius, the IMD said
First year premium of life insurers down by 5.6 per cent to Rs 12,977 crore in May
23 private sector insurers, however, posted 14.2 per cent rise in their combined new business premium in May 2021 at Rs 4,029.35 crore as against Rs 3,527.48 crore in year ago month.
Indian state sharply raises COVID-19 death toll prompting call for wide review
India has the second-highest tally of COVID-19 infections in the world after the United States, with 29.2 million cases and 359,676 deaths, according to health ministry data.But the discovery of several thousand unreported deaths in the state of Bihar has raised suspicion that many more coronavirus victims have not been included in official figures. The health department in Bihar, one of India’s poorest states, revised its total COVID-19 related death toll to more than 9,429 from about 5,424 on Wednesday.
India’s Reliance says FCCU unit at Jamnagar refinery shut, exports may be delayed
Reliance, which operates the refining complex, did not give a reason for the “emergency shutdown” of the refinery’s fluidized catalytic cracking unit (FCCU).
Harsh Vardhan addresses first meeting of WHO high-level coalition on health, energy
“India is today in a unique position to pioneer a new model of economic development of low carbon emission and inclusive development where the attainment of universal health coverage is also one the major determinant factors.