The government would present a vote-on-account or an 'interim...
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India to seek social security pact with US on Fri
Social security, or totalisation agreement, is a long-pending...
Finance Minister Nirmala Sitharaman unveils GIFT city’s financial landscape
Nirmala Sitharaman,Finance Minister GIFT authorities are also...
Govt’s disinvestment policy not akin to ‘selling family silver’: FM
Union Finance Minister Nirmala Sitharaman reiterated that the government would have bare minimum presence in the strategic sectors where it is very important for the government to stay.
The Finance Minister who presented her third Budget on February 1 noted that the strategic sectors will not remain totally under the government’s domain and private players too will be allowed in the sectors.
Govt allocates ₹16000 crore for Pradhan Mantri Fasal Bima Yojana for 2021-22
The number of farmers’ crop insurance claims that were rejected by insurance companies under the Pradhan Mantri Fasal Bima Yojana (PMFBY) multiplied 9 times in just two years.
According to data provided by Agriculture Minister Narendra Singh Tomar in response to a question in the Rajya Sabha on Friday, in 2017-18, the number of rejected claims was 92,869.
In the next year, 2018-19, the figure more than doubled to 204742. By 2019-20, it was 928870 , a whopping 900 percent increase,” the reply said.
Astrazeneca gets nod to use ant-diabetes drug for kidney disease in India
“Despite currently available therapies, a significant unmet need for effective management of CKD continues to exist globally. With the approval of dapagliflozin for CKD in India, an already effective type-2 diabetes and select heart failure treatment, can now be used by nephrologists in the management of CKD,” AstraZeneca India Vice President – Medical Affairs and Regulatory Anil Kukreja said.
IRDA likely to ask life insurers to launch Index Linked Insurance Products
There is a need exists to have ILIP which would not only give more options and alternatives to the policyholders to choose from, but also could help the insurers to manage their asset liability management risks in a better way, said the panel
General insurers allowed `use and file’ way for launching Personal Accident ,Overseas Travel cover
In respect of the personal accident, domestic and overseas travel products “use and file” is allowed only if the coverage offered both under base covers and add-on covers or riders is contingent upon an accident and/or travel as relevant.
Health insurance to see higher double-digits growth in medium term: Report
“While Covid-19-like scenarios would be rare events, it would increase the premium pricing for the entire populace, with extra care needed for the treatment of infectious diseases,” the report said.
India proved wrong all those who raised apprehensions: PM on govt’s handling of Covid-19 pandemic
Modi said there were predictions like crores would be infected and lakhs would die.
He said India emerged as a hub of pharmacy for the world during the pandemic, and added that the country is implementing the world’s largest vaccination programme.
U’khand glacier burst: Tapovan dam completely washed off, says IAF
Uttarakhand Chief Minister Trivendra Singh Rawat announced an ex-gratia of Rs 4 lakh each to kin of those who lost their lives due to the glacial burst in Chamoli.
About a quarter of direct tax litigations getting resolved via ”Vivad Se Vishwas”
The scheme provides for settlement of disputed tax, disputed interest, disputed penalty or disputed fees in relation to an assessment or reassessment order on payment of 100 per cent of the disputed tax and 25 per cent of the disputed penalty or interest or fee.
The taxpayer is granted Immunity from levy of interest, penalty and institution of any proceeding for prosecution for any offence under the Income-tax Act in respect of matters covered in the declaration.
India developing 7 more COVID vaccines,Vax for 50+ group from March: Harsh Vardhan
He said the Centre does not have any immediate plan to make the vaccines available in the open market and a decision will be taken as the situation demands.
The COVID-9 inoculation process for people aged above 50 will start in March, he told reporters.