''Advisory is aimed at the significant platforms and permission...
Category:
Indian News
Latest
Moody’s raises India’s 2024 GDP forecast to 6.8% from 6.1%, India to remain fastest growing G-20 nation ,
"Robust goods and services tax collections, rising auto sales,...
Aon appoints its Asia CFO Rishi Mehra as India chief
Rishi Mehra, India chief, Aon Working closely with Jon Pipe, CEO...
Will try to restart international flights before August: Aviation Minister
“I am fully hopeful that before August or September, we will try to start a good percentage of international civil aviation operations, if not complete international operations,” Puri said during a Facebook live session.
“I can’t put a date on it (restarting international flights). But if somebody says can it be done by August or September, my response is why not earlier depending on what is the situation,” he said.
Maha fixes price cap on pvt hospitals treating COVID-19 cases
Non-government health care providers in Maharashtra have been asked to accommodate maximum number of patients with 80 per cent of the operational bed capacity to be regulated by rates sanctioned by the government.
US class action lawsuit against Infosys & top brass dismissed
“The complaint, which was filed in the Eastern District of New York, was brought on behalf of a class consisting of persons or entities who purchased the company’s publicly traded securities between July 7, 2018 and October 20, 2019, and alleged claims for violations of the US federal securities laws,” Infosys said in a regulatory filing on Friday.
COVID-19 death toll climbs to 3,583 in India
The number of active COVID-19 cases stood at 66,330, while 48,533 people have recovered and one patient has migrated, it said.
IRDA asks insurers to settle Amphan claims expeditiously
There is an urgent need for the insurance industry to take immediate steps to mitigate the hardships of the affected insured population by ensuring immediate registration and settlement of eligible claims, said IRDAI
RBI slashes repo rate by 40 bps,says GDP growth in negative territory in 2020-21
The RBI also extended the moratorium on payment of loans by another three months till August to provide much-needed relief to borrowers whose income has been hit due to the coronavirus crisis.
One check-in bag to fare control: Govt issues guidelines for domestic flight operations from May 25
It said passengers will have to report at airport two hours prior to their flight’s scheduled departure time and only those who have done web check-in will be allowed to enter the terminal building.
72 dead in Bengal, have never seen such devastation: Mamata appeals to PM
The chief minister also announced a compensation of Rs 2 lakh to Rs 2.5 lakh for the family members of each of the deceased.
“So far as per the reports we have received, 72 people have died in the state due to Cyclone Amphan. Two districts North and South 24 Parganas are completely devastated. We have to rebuild those districts from scratch. I would urge the Central government to extend all help to the state,” West Bengal Chief Minister Mamata Banerjee said after conducting a review meeting with officials.
Not expecting significant growth for insurance industry this year due to coronavirus impact: Bajaj Life Insurance
“Virtualisation will be very critical, customers are already doing a lot of things on a virtual basis. And they will prefer those brands and distributors who are willing to work virtually and be able to provide solutions virtually. So that being the end point, we are basically therefore re-learning, re-training ourselves as we go forward,” Chugh said.
IRDA to revamp Trade Credit Insurance regulations,to make it more MSME friendly
In the Indian context, the present guidelines on TCI, issued in 2016, do not allow the insurance companies to offer full fledge benefits that provides much needed protection to suppliers and restricts TCI covers to banks and financial institutions.
With the Govt. of India’s initiative to improve businesses for the MSMEs, which are considered as the backbone of the national economic structure, it is also imperative to relax the trade credit insurance guidelines to support the business environment.