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Health Insurance: IRDAI removes age cap on policies since Apr 1
“Insurers must ensure they offer health insurance products catering...
CCPA calls for FSSAI investigation into allegations of Nestle putting sugar in baby products
Nidhi Khare,Consumer Affairs Secretary and Central Consumer...
Suspension of scheduled international passenger flights extended till Sept 30
“However, international scheduled flights may be allowed on selected routes by the competent authority on a case-to-case basis,” noted the Directorate General of Civil Aviation (DGCA) in a circular.
Oriental Insurance incurs losses of Rs 1498 cr in 2019-20, outlines strategies to be profitable
“Our immediate focus will be –enhanced customer service, growth in profitable lines, claim management, cost control, use of technology and digital initiative in an accelerated level,” said newly appointed CMD SN Rajeswari.
Life insurers strengthen their digital platforms to beat Covid-19 pandemic disruptions
“We are considering to deploy fintech and insurtech for expanding our business and better customer services. We are also exploring to expand our rural reach without employing agents,” said MR Kumar, chairman, LIC.
COVID-19 tally breaches 35-lakh mark,record single-day spike of 78,761 cases,4.14 crore tests conducted
With a record over 10.5 lakh tests conducted for detection of COVID-19 in a single day, the number of such tests performed in the country has crossed 4.14 crore, the Union health ministry said on Sunday.
Of the 948 fresh deaths, 328 are from Maharashtra, 115 from Karnataka, 87 from Tamil Nadu, 82 from Andhra Pradesh, 62 from Uttar Pradesh, 53 from West Bengal, 41 from Punjab, 22 from Madhya Pradesh, 16 from Jharkhand, 15 from Delhi, 14 from Odisha, 13 each from Gujarat and Rajasthan, 12 from Puducherry, 11 each from Chhattisgarh and Uttarakhand.
The health ministry stressed that more than 70 per cent of the deaths occurred due to comorbidities.
Census, National Population Register unlikely in 2020 due to Covid-19
According to the earlier schedule, the census would have its reference date as March 1, 2021, and in the snow-bound areas of Jammu and Kashmir, Himachal Pradesh and Uttarakhand, it would be October 1, 2020.
Overdue replacement cycle to drive recovery in commercial vehicles:VECV
Meanwhile, according to a senior official of Toyota Kirloskar Motor (TKM),.automobile demand is picking up but the over-sensitivity and jitteriness of financial companies such as banks and NBFCs are dampening the real conversion of orders to deliveries,
Paytm Mall suffers massive breach,ransom demanded: Report
“According to the messages forwarded to us by our source, the perpetrator claimed the hack happened due to an insider at Paytm Mall. The claims, however, are unverified, but possible. Our sources also forwarded us the messages where the perpetrator also claimed they are receiving the ransom payment from the Paytm mall as well. Leaking data when failing to meet hackers demands is a known technique deployed by various cybercrime groups, including ransomware operators. At this stage, we are unaware that the ransom was paid,” Cyble stated in an official update.
However Paytm has said that it did not find any evidence of data breach, during investigation
Farm sector sees spike in private investment after reforms:Agri secy
The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020 was brought in to legalise contract farming.
“These reforms are applicable pan-India. They are moving in the right direction and will help increase the income of farmers,” Agriculture Secretary Sanjay Agarwal.told PTI.
“Large number of industries are planning investments, while some have already invested,” he said.”Lot of things are happening. I was told that a rice company has already entered into contract farming with basmati rice growers in 1,000 acres, while another company has opened a private mandi,” he said without disclosing investment amount.
Insurers must bring “Ease of Claims”:Anurag Thakur
“My assurance to the insurance industry, that we will work with you to unleash the potential of this sector to create more employment, provide innovative products and building a culture of risk management in the country,” said Thakur while addressing the 21st edition of the Annual Insurance Conference ‘FINCON 2020’, organized by FICCI.
August receives 25 pc more rainfall; highest in 44 years: IMD
The country has so far recorded nine-per cent more rainfall than normal. Bihar, Andhra Pradesh, Telangana, Tamil Nadu, Gujarat, Goa have recorded excess rainfall while Sikkim has recorded a large excess. Many states have seen floods after the swelling of rivers.
According to the Central Water Commission (CWC), the overall storage position of the reservoirs in the country till August 27 is better than the corresponding period of last year. It is also better than the average storage of the last 10 years during the corresponding period, the CWC said.