The Indian Medical Association has sought action against Patanjali...
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Air India retains its insurance premium at $30 million, renews a larger fleet for FY 24-25
AI, which was renewed successfully on Apr 1 in the London market,...
India likely to get normal monsoon this year, Skymet says
The weather forecaster expects "sufficiently good rains" in...
Indian Railways suspends all regular passenger train services indefinitely
It may be noted that 230 Special Trains, which are running at present, will continue to operate. Local trains in Mumbai, which are presently being run on limited basis only on the requisition of state government, will also continue to run, it said.
62,064 new COVID cases; 1,007 deaths
The recoveries surged to 15,35,743 with a record 54,859 more people recuperating in the past 24 hours, taking the recovery rate to 69.33 per cent. The case fatality rate has dropped to about 2 per cent, the ministry said.
Shelf-life of skills now only 2-3 years,says NASSCOM Chairman
As corporates are reinventing themselves, individuals also need to reinvent themselves to stay relevant, said the Chief Operating Officer of Bengaluru-headquartered IT major, Infosys.
Machines and algorithms in the workplace are expected to create 133 million new roles, a joint statement quoted him as saying.
Loss in Karnataka due to floods and torrential so far is estimated to be Rs 3,500-4,000 cr: Minister
“We will also seek relief for the total loss that has happened, based on how much the Centre gives we will see what needs to be done…in the coming days a proper survey will be done and a report will be sent (to the Centre),” he said
Passenger vehicle retail sales dip by 25% in July: FADA
Commercial vehicle sales declined 72.18 percent to 19,293 units as compared to 69,338 units in July 2019.Three-wheeler sales declined by 74.33 percent to 15,132 units last month as compared with 58,940 units in July 2019.
Govt resumes appointment of directors in PSU general insurance companies,BBB selects 9
The nine senior officials who have new been selected as the new GM and directors are-Swami Balla for NIA, Anjan Dey for GIC Re,Deepak Prasad for GIC Re, Neera N Saxena for,NIC,Navneet Doda for NIC,Susmita Mukherjee for NIA,,Atul Jerath for OIC, Ravi Rai and Rajeev Chaudhury for UII.
10 states account for 80% Covid-19 cases:PM Modi,
“Our experience so far is that containment, contact tracing and surveillance are the most effective weapons against the pandemic with experts of the view that if positive cases are identified within 72 hours of onset, then infection slows down to great extent,” prime minister Narendra Modi said.
Modi said it was a matter of satisfaction that the average fatality rate in India has been going down and noted that it has been very low compared to the world average.
With the fresh cases, India’s COVID-19 tally rose to 22.68 lakh, while the recoveries have surged to 15,83,489, pushing the recovery rate to 69.80 per cent.
81% SMEs confident of recovery post Covid, 57% have no cash reserve: Survey
As per the revised criteria,any firm with investment up to Rs 1 crore and turnover under Rs 5 crore is classified as a “micro” enterprise.
Madan Padaki, co-founder of GAME, said Covid-19 has left a devastating impact on the Indian economy, especially micro-enterprises that comprise around 99 per cent of all firms in India
Cabinet likely to take up proposal for Credit Guarantee Enhancement Corp soon
India requires an investment of whopping Rs 111 lakh crore in infrastructure over the next five years to sustain a healthy economic growth, according to the report of the Task Force on National Infrastructure Pipeline (NIP).
To meet the huge funding requirement, Credit Guarantee Enhancement Corporation would be one of the tools for mobilising funds for infrastructure development, sources said.
LIC launches month-long `Special Revival Campaign” for its policyholders
In view of the prevailing circumstances, no concessions are being offered in medical requirements and the same are limited to late fee only; under plans other than term assurance and other high risk plans
Up to Rs.1,00,000, a policy holder can avail 20 per cent (maximum Rs 1500) concession on late fee
– From Rs 1,00,001 to Rs 3,00,000,25 per cent (maximum Rs. 2000) concession on late fee
– From 3,00,001 and above, 30 per cent( maximum of Rs 2500) concession on late fee