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Indian general insurance industry grows by 12.80% to Rs 2,89.726 crore in FY 23-24
The four large PSU general insurers, with a total premium of over...
No increase in prices of essential medicines this fiscal year Mandaviya
"This year the inflation has not increased. It is just 0.005....
Aditya Birla Health Insurance launches Covid-19 cover
Mumbai: With the onset of COVID-19, Aditya Birla Health Insurance (ABHICL),the health insurance arm of Aditya Birla Capital Limited, has introduced an array of services and product solutions that will enable customers to take care of their health in such...
COVID-19 spread reported in new areas but 82% of total cases from 10 states/UTs: Health ministry
Giving a break-up of the mortality rate according to gender, Union health secretary Rajesh Bhushan said about 68 per cent of COVID-19 deaths were reported among male patients and 32 per cent among female patients in India
India’s factory activity contracted at a sharper pace in July
“Anecdotal evidence indicated that firms were struggling to obtain work, with some of their clients remaining in lockdown, suggesting that we won’t see a pick-up in activity until infection rates are quelled and restrictions can be further removed.”
India reports 52,972 new coronavirus infections,recoveries cross 1.1 million-mark
“Coordinated implementation of Covid-19 management strategy by the Union and state and UT governments and selfless sacrifice of all frontline healthcare and other workers and Covid-19 warriors across sectors have ensured that the recoveries are continuously on the rise,” the ministry said.
Nod to Serum Institute of India for phase 2, 3 human clinical trials of Oxford vaccine candidate
Currently, phase 2 and 3 clinical trials of the Oxford vaccine candidate is going on in the United Kingdom, phase 3 clinical trial in Brazil and phase 1 and 2 clinical trials in South Africa
Bank accounts opened under Jan Dhan Yojana crosses 40-crore mark
In view of the runaway success of the scheme, the government in 2018 enhanced the accident insurance cover to ₹2 lakh, from ₹1 lakh for new accounts opened after August 28, 2018.
Besides, the overdraft limit facility was also doubled to ₹10,000.
The government also shifted the focus on accounts from “every household” to “every unbanked adult”.
Over 50 per cent of the Jan Dhan account holders are women and the government as part of Pradhan Mantri Garib Kalyan Yojana remited ₹1,500 per account in three equal monthly installments to support the poor during the COVID-19 crisis.
International Financial Services Centres Authority forms panel to develop global retail business in IFSCs
Apart from channelizing India’s offshore business to the IFSC located at GIFT City and making it the gateway for India centric international financial services, the objective is to make it a global hub for international financial services on the lines of London, Hong Kong,Singapore and Dubai.
Difficult to predict if India will witness second wave of Covid-19:ICMR DG
“SARS-CoV-2 is a novel virus. There is still a lot we don’t know about it. We have also seen immense variations in the spread of infection and mortality rates in different geographies and across different demographics around the world. So, it is difficult to predict whether or not India will see a second wave of infections. There is also a wide variation in disease distribution in specific states – so one size cannot fit all,” ICMR chief Dr Balram Bhargava said.
Over 54,000 COVID-19 cases in India in single day,total tally crosses 17 lakh
The recoveries have mounted to 11,45,629, while there are 5,67,730 active cases of coronavirus infection in the country presently
The recovery rate among COVID-19 patients has risen to 65.44 per cent while the fatality rate has further dropped to 2.13 pc, the data stated
Death toll climbed to 37,364 with 853 people succumbing to the disease in a day,
Covid-19 impact: Rise in number of first-time buyers, additional purchase,says Maruti Suzuki
“First-time car buying is up and replacement buying is down, which means exchange is down. However, additional car buying is also up because of the functionality requirement,” Maruti Suzuki India Ltd Executive Director (Sales and Marketing) Shashank Srivastava told PTI.