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Government working on aggregation of CA firms, accounting standards for insurance sector
Apart from the aggregation of CA (Chartered Accountants) firms, the...
Climate change can no longer be ignored: CJI
D.Y. Chandrachud,Chief Justice of India The CJI said he was...
Targeted ransomware attacks grow 767%, India among top targets
“We’ll most likely see fewer and fewer widespread campaigns targeting everyday users. Of course, that’s not to say users aren’t still vulnerable,” said Fedor Sinitsyn, security expert at Kaspersky.
“However, the primary focus will likely continue to be on companies and large organisations, and that means ransomware attacks will continue to become more sophisticated and more destructive,” he added.
It’s time people start wearing masks inside their homes as well: Union Health Ministry
Stressing on the need for vaccination and observing COVID-19 appropriate behaviours, the government advised that it is time people start wearing masks inside their homes as well.It also pitched for expediting the pace of the vaccination drive and asserted that women can take COVID-19 vaccine during menstruation as well.
Domestic airfare cap, flight capacity to remain unchanged till May 31
RBI limits tenure of bank CEOs, MDs to 15 years, rule to be effective from October 1
Lenders like Kotak Mahindra Bank may be affected though the impact will not be felt immediately as RBI has allowed CEOs to complete their current tenure.
Promoter Uday Kotak who has been at the helm of the bank for over 12 years had been re-appointed for a term of three years starting January 2021.
RBI to conduct customer satisfaction survey on bank mergers
Of the 22, a set of four questions has been drafted separately for assessing customer service and grievance redress issues of customers of branches of banks that have been merged with other banks in the year 2019 and 2020.
HDFC Life Insurance net profit grows 2.3% to Rs 319 crore in FY Q4 2020-21
Vibha Padalkar, MD & CEO, HDFC Life said, “Over the course of the year, we have settled over 2.9 lakh death claims resulting in payouts in excess of Rs.3,000 crore . Based on our actual experience in FY21 and after factoring in aspects such as latest mortality trends across business and customer segments and geographic spread of Covid 2.0, we have provided for a Covid reserve of Rs. 165 cr. for FY22. We will continue to review the adequacy of this reserve through the course of FY22. Despite logistical challenges through the year, we have insured close to 40 million lives in FY21.”
Bengaluru, facing India’s second-highest COVID-19 surge, to enter lockdown
Microsoft, Amazon,Goldman Sachs are among the hundreds of multi-national firms with technology or IT operations in Bengaluru which employ thousands of English-speaking professionals.
Indian IT services giants including Infosys, Wipro and Tata Consultancy Services also have major operations in the city.
Govt asks Serum, Bharat Biotech to lower price of Covid vaccines: Report
The Hyderabad-based Bharat Biotech has fixed the price of its COVID-19 vaccine, Covaxin, at Rs 600 per dose for state governments and at Rs 1,200 per dose for private hospitals.
The Pune-based Serum Institute of India (SII), the world’s largest vaccine maker in terms of volume, has announced a price of Rs 400 per dose for its COVID-19 vaccine, ‘Covishield’, for state governments and Rs 600 per dose for private hospitals.
Both vaccines are available to the central government at a rate of Rs 150 per dose.
India’s new COVID-19 cases stay above 320,000, 2771 deaths, army called to help
“Please note that a huge fall in daily cases … is largely due to a heavy fall in testing. This should not be taken as an indication of falling cases, rather a matter of missing out on too many positive cases!” Rijo M John, a professor and health economist at the Indian Institute of Management in the southern state of Kerala, said in a post on Twitter.
Govt bars use of liquid oxygen for non-medical purposes amid acute shortage
He said it was considered necessary to restrict industrial usage of oxygen for ensuring availability of adequate and uninterrupted supply of medical oxygen across the country for management of COVID-19 patients and necessary order in this regard was issued on April 22 to restrict the use of industrial oxygen.