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The dark side of technology: AI-driven cyberattacks call for upgraded security measures
In September 2024, insurer firm Star Health experienced a...
FPIs withdraw Rs 27,142 cr in 3 trading sessions on geopolitical tensions
According to the data, FPIs made a net withdrawal of Rs 27,142...
Group health insurance startup Plum raises $15.6mn Series A funding led by Tiger Global
The group health insurance market in India, which is almost 50% of the total $3.5bn health insurance market, has seen an annual growth of about 25% in the last few years and is doubling every three years. Group health insurance products cover about 90 mn Indians, but are expected to cover more than 500mn Indians by the end of this decade..With over 600 organisations on-boarded, Plum has been witnessing a growth rate of 110% quarter-on-quarter
Monsoon likely to hit Indian coast around June 3- weather office
Nearly half of India’s farmland has no irrigation and depends on annual June-September rains to grow crops such as rice, corn, cane, cotton, and soybeans.
Rishiganga glacier not yet in critical condition: Uttarakhand DGP
A team of scientists had on Saturday conducted an aerial survey of glaciers at the origin of the Rishiganga river in Chamoli. The survey was undertaken based on information by villagers that there were cracks developing in the glaciers.
India reports 3,460 more COVID-19 deaths, over 165,000 new infections
India has administered about 212 million doses, the most after China and the United States, but has given the necessary two doses to only about 3% of its 1.35 billion people.
India’s Mahindra expects car sales to take two years to rebound after COVID shock
Car sales had started to pick up in the January-March period but a second, more deadly wave of infections forced lockdowns again. This time consumer sentiment has taken a hit and discretionary spending is likely to take longer to recover.
The virus is also spreading to rural India, which was relatively protected during the first wave and had offset the low demand automakers saw in urban centres.
Carmakers in ‘India’s Detroit’ allowed to operate as workers protest COVID risk
Tamil Nadu government order issued on Saturday said so-called continuous process industries, which include auto factories, would be allowed to function in accordance with measures such as social distancing to stem the virus’s spread.
It also urged vehicle manufacturers to initiate immediate action to vaccinate all their employees within a month.
Pandemic Or No Pandemic, CEO Salaries See Rise Again
Overall, 61 per cent of the 342 CEOs in this year’s survey did get a boost in compensation last year. That’s almost the exact same percentage as the 62 per cent in 2019, when the economy and corporate profits were growing.
Govt announces scheme to provide pension for dependents of COVID-19 victims
Besides family pensions, insurance benefits under the Employees” Deposit-Linked Insurance (EDLI) scheme have been enhanced and liberalised. Prime Minister Narendra Modi said these steps will help mitigate financial difficulties faced by these families.
To help these families live a life of dignity and maintain a good standard of living, the benefit of the Employee State Insurance Corporation (ESIC) pension scheme for employment-related death cases is being extended to even those who have died due to Covid, the PMO said in a statement.
Maharashtra intends to lead in the EV category, say officials
He said some 32,000 electric vehicles in various categories are registered in the state at present.
”The state intends on making the under construction Mumbai Nagpur Expressway and Mumbai Pune Expressway, Mumbai- Nashik and Nashik-Pune highways fully EV ready by 2025,” he said.
African Swine Fever continues to wreak havoc in Mizoram
The ASF outbreak has caused a loss of Rs 18.60 crore to the farmers of the state, said Dr Lalhmingthanga, the Joint Director (Livestock Health) at the Animal Husbandry and Veterinary Science Department.
The first pig death due to ASF was reported on March 21 at Lungsen village in south Mizoram’s Lunglei district, bordering Bangladesh, he said.
Since then the dreaded pig disease has spread to nine districts — Aizawl, Lunglei, Mamit, Serchhip, Lawngtlai, Khawzawl, Hnahthial, Siaha and Champhai.