While awarding the compensation, the commission considered various...
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Life insurers’ new business premium rises 14% to Rs 31,823 crore in July
Life Insurance Corporation of India (LIC) saw a 19.78 per cent jump...
India’s population expected to reach 152.2 cr, sex ratio can increase from 943 in 2011 to 952 by 2036
By 2036, population of India is expected to reach 152.2 crore, with...
7.8 mn domestic air passengers in Feb, 36.71% lower than last year: DGCA
The occupancy rate or load factor of the six major Indian airlines was between 67.9 per cent and 78.9 per cent in February, it stated.
“The passenger load factor in the month of Feb 2021 has shown increasing trend compared to previous month primarily due to beginning of tourist season,” the DGCA said.
Magma Fincorp to sell stake in insurance venture Magma HDI in Rs 525-cr deal
Following the latest Rs 525 crore-transaction, the Poonawalla Group will become the main promoter with around 30 per cent direct and indirect stake in Magma HDI while HDI will be the single largest shareholder with 17.1 per cent stake. HDI’s remaining stake will be offloaded through a secondary sale.
ICICI Venture will become the third largest shareholder with 16.7 per cent in Magma HDI.
With 28,903 new cases, India records highest daily spike this year
The death toll increased to 1,59,044 with 188 new fatalities, the highest in around two months, the Union Health Ministry data showed.The health ministry stressed that more than 70 per cent of the deaths occurred due to comorbidities.
Subscribers under NPS, APY schemes rise 22 pc to 4.15 crore at Feb-end
As of February 28, 2021, total pension assets under management stood at Rs 5,59,594 crore, showing a year-on-year growth of 33.09 per cent, PFRDA said.
India considers net zero goal around 2050, a decade before China
Once the US adopts a widely anticipated net-zero goal, nine of the 10 largest economies will have made pledges to neutralise emissions.
If India does so, too, it would mark a significant step toward the Paris Agreement aspiration of keeping average temperatures from rising more than 1.5 deg C above the pre-industrial period.
Have to take quick and decisive steps to stop the second peak of coronavirus cases in the country: PM Modi
In a virtual interaction with state chief ministers over the pandemic situation and the ongoing vaccination drive, Modi said in states like Maharashtra, Punjab and Madhya Pradesh the number of COVID cases has seen a rise while nearly 70 districts in the country have have seen an increase in the positivity rate by over 150 per cent of late.
India backs AstraZeneca shot as COVID-19 cases hit three-month high
The World Health Organization has said it is assessing whether medical events such as blood clots are related to the vaccination and urged anyone offered a vaccine to take one. AstraZeneca has said a review of safety data has shown no evidence of an increased risk of blood clots.
Centre says Covid vaccine wastage is 6.5%, calls for optimal use of shots
On March 15, 8.34 million COVID-19 vaccine doses were administered worldwide, of which India alone administered 36 per cent of doses, he said.
Bhushan said COVID-19 vaccine wastage in five states — Telangana, Andhra Pradesh, Uttar Pradesh, Karnataka and Jammu and Kashmir is higher than 6.5 per cent, which is the national average.
Nirmala Sitharaman introduces Bill in Rajya Sabha to allow 74% FDI in insurance sector
Sitharaman presenting the Union Budget for 2021-22 had said, “I propose to amend the Insurance Act, 1938 to increase the permissible FDI limit from 49 percent to 74 percent in insurance companies and allow foreign ownership and control with safeguards.”
Under the new structure, the majority of directors on the board and key management persons would be resident Indians, with at least 50 percent of directors being independent directors, and specified percentage of profits being retained as a general reserve.
Record beneficiaries verified in single day under Ayushman campaign
The Aapke Dwar Ayushman drive is successfully running in Bihar, Uttar Pradesh, Madhya Pradesh, Chhattisgarh, Punjab, Uttarakhand, Haryana, Jammu and Kashmir among other states, according to the statement.
A total of 1.2 crore Ayushman cards have been generated this year. It is expected that others states will soon join the drive.