Digital payment frauds saw a more than fivefold jump to 14.6...
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Deepfake technology to be serious menace, govt should look into it: Delhi HC
“You ( Central government) will have to start working on this. You...
Mental Health: India’s student suicides grow at an alarming rate
``Over the past two decades, student suicides have grown at an...
Indian general insurance industry misses Rs 2 trillion premium mark, New India shines in Fy 2020-21
The Health portfolio, propelled by Covid 19 Pandemic might have grown by almost 40 per cent but it has not been able to make up the shrinking of overall motor business, that has fallen by 5 per cent, for the industry in 2020-21.
“It was a hugely challenging year. I am happy that we could pull it off like this. As at the end of October 2020, though the business of general insurance industry on an average was down by some 10-12 per cent, we managed to just keep our head over water by showing some business growth in decimal points but then we went into a tizzy and in subsequent five months we managed to grow our business each month by 15 to 22% each month,’’ said Atul Sahai, CMD, NIA.
Partial lockdown measures could impact movement of labour, goods: CII
“Similarly, 56 per cent of the CEOs expressed their concern over loss of production of up to 50% if there were restrictions on the ecosystem that supports movement of goods,” it added.
FPIs pull out Rs 929 cr from Indian markets so far this month
Rusmik Oza, executive vice president, head of fundamental research at Kotak Securities, said FPI outflows came on the back of rise in Covid cases and a sharper depreciation in the Indian rupee compared with USD.
Inflow into gold ETFs climbs over 4-fold to Rs 6,900 crore in FY21
The safe haven asset had witnessed net outflows of Rs 412 crore in 2018-19, Rs 835 crore in 2017-18, Rs 775 crore in 2016-17, Rs 903 crore in 2015-16, Rs 1,475 crore in 2014-15 and Rs 2,293 crore in 2013-14.However, the segment had witnessed an infusion of Rs 1,414 crore in 2012-13.
Over the past few years, retail investors poured more money into equities as compared to gold ETFs, mainly on account of decent returns.
India bans exports of Remdesivir drug as new COVID-19 cases hit another record
India’s drug regulator and some state governments have in recent days raised concerns over hoarding and black marketing of Remdesivir, which in some instances is being sold at over 10 times the maximum retail price.
Decision on Maharashtra lockdown after April 14: State Health Minister
“Duration of the lockdown and how to handle its economic fallout was discussed during today’s meeting. The task force is of the view that the prevailing coronavirus situation in the state is such that a lockdown is required,” the minister said.
Mahindra to invest Rs 3,000 cr on electric vehicle business in next 3 years
The company, which has set a goal of putting 5 lakh electric vehicles on Indian roads by 2025, has already invested Rs 1,700 crore in the EV business in India with another Rs 500 crore on a new research and development (R&D) centre.
Sensex crashes over 1400 pts as COVID-19 cases continue to surge
The western state of Maharashtra, home to India’s financial capital of Mumbai, is considering a lockdown and could take a final decision this week, a senior government official said.
India reports a record 168,912 COVID-19 infections
Deaths in India stood at 904, taking the total to 170,179, data showed.
India’s overall tally reached 13.53 million, surpassing Brazil’s 13.45 million cases, according to data compiled by Reuters. The United States led the global tally with 31.2 million cases.
India records 1,52,879 new Covid-19 cases, highest single-day surge
With 839 new Covid-related deaths in the last 24 hours, the toll in the country has mounted to 1,69,275. Currently, there are 11,08,087 active cases in the country.Five states — Maharashtra, Chhattisgarh, Karnataka, Uttar Pradesh and Kerala — cumulatively account for 70.82 per cent of India’s active COVID-19 cases which have breached the 11-lakh mark for the first time since the outbreak of the pandemic.