The company’s combined ratio has improved to 102.2 per cent...
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SC defers to July 30 hearing on if change in law needed in regimes on grant of driving licences
A five-judge constitution bench headed by Chief Justice D Y...
UNFPA report reveals 24% of India’s population is under 14 years old, totaling 144 crore
The segment aged 10-24 is estimated to constitute 26 per cent, with...
India risks decade of stagnation in income, quality of life if GDP doesn’t grow over 8% annually I
On the reforms front, it advocated attention to manufacturing, real estate, agriculture, healthcare, and retail sectors, unlocking land which can reduce prices by up to a fourth, creating “flexible” labour markets, enabling efficient power distribution to reduce tariffs for consumers by over 20 per cent and privatizing 30 top state-run enterprises.
Monsoon 24% above average in August, heavy rain to continue, says IMD
“There’s no doubt that the quantity of rains has been excellent, but the other important feature of this year’s monsoon is that the rainfall has been very well distributed across the country,” Mrutyunjay Mohapatra, director general of the IMD, said. “And that augurs well for our agricultural output this year.”
SC asks Centre to clarify stand on interest waiver during moratorium
A bench headed by Justice Ashok Bhushan said the Centre had not made its stand clear on the issue despite the fact that ample powers were available with it under the Disaster Management Act and was “hiding behind the RBI”.
Govt debt set to hit historic high of 91% of GDP in FY21: Report
A surge in public debt will restrict the government’s ability to spend significantly in the current decade, as it has done in the past few years, it said.The report says unless private spending picks up strongly, real GDP growth over the next decade will be slower, averaging at 5-6 per cent as against 7 per cent in the 2010s.
Disposable income growth of households to fall further in FY20, may contract this fiscal: Report
As a wayout, the report suggests government incentivise households to save more, by increasing Section 80C/PPF limits, among other measures. “An increase in PPF (public provident fund) limit by even Rs 50,000 for individual households will lead to additional savings of over Rs 1 lakh crore compared to the revenue foregone of Rs 10,000 crore,” says the report.
Centre frames draft policy on data privacy under National Digital Health Mission
Data collected across the National Digital Health Ecosystem (NDHE) will be stored in at the central level, the state or Union Territory level and at the health facility level, by adopting the principle of minimality at each point, according to the document.
PUC certificate not necessary to settle motor claims:IRDAI
The IRDAI had issued a circular on 6th July, 2018 conveying the directive of Supreme Court in M.C. Mehta Vs Union of India to all general Insurance companies to ensure that the vehicle must have a valid PUC certificate at the time of renewal of motor vehicle insurance. This has been reiterated through another circular on 20th August, 2020.
Max Bupa expects 30-35% growth in current fiscal, says MD&CEO Ramachandran
As the pressure on health services rises, the insurer is likely to see an increase in telehealth services demand wherein consultancy to patients can be given via phone or through video services. This could have constructive long-term effects, helping healthcare reach more remote and less affluent populations including the under or uninsured said the official.
Coronavirus most prevalent among those aged between 5 and 17: Sero survey
Dr Mahesh Verma, the head of a Delhi government committee tasked with strengthening the preparedness of hospitals to battle coronavirus, said, “It is difficult to keep children and youngsters home-bound. Even if they are not going to school, they might be going out to play… or they might have contracted it through an indirect route. But it’s just a prediction and needs to be studied.”
Change of over 100,000 crew members facilitated at ports:Shipping Ministry
Despite the maritime sector being one of the worst hit by the coronavirus pandemic, the statement said that all the Indian ports were operational and were providing essential services throughout the pandemic. They stood as main pillars ensuring smooth supply chain for India and the world,the Ministry of Shipping said in a statement,