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NHPC’s 2000MW Lower Subansiri project in Sikkim incurred loss of Rs 1 075.97 cr due to flash floods
The company in a regulatory filing said that the amount of damage...
Doha Insurance Group to set up reinsurance business in Gift City
Doha Insurance Group(DIG) is currently working on completing the...
Extreme weather events cost the world billions in 2021, shows study
Worryingly such climate devastation is set to continue without action to cut emissions. Insurer Aon warns that 2021 is expected to be the sixth time global natural catastrophes have crossed the $100 billion insured loss threshold. All six have happened since 2011 and...
Gap between 2nd Covid shot and booster likely to be 9-12 months: Report
The nitty-gritty of the gaps for the vaccines currently being used in India's inoculation programme Covishield and Covaxin is being worked out, and a final decision over this will be taken soon, they said. New Delhi:The gap between the second dose of COVID-19 vaccine...
PM Modi announces jabs for 15-18 age group, ‘precaution dose’ for Covid warriors
Prime Minister Narendra Modi Booster doses for frontline workers, as well as co-morbid patients aged 60 years and up after consultations from the doctor, will be given from January 10 Modi assured that soon the country will develop nasal vaccine and the world’s first...
Omicron patients likely need up to 70% less hospital care, says report
The UK Health Security Agency (UKHSA) said its early findings are "encouraging" but the variant could still lead to large numbers of people in hospital, reports the BBC People getting infected with Omicron are 50 per cent to 70 per cent less likely to need hospital...
Modi tells states to beef up health facilities as Omicron cases rise
Prime Minister Narendra Modi While more than half of India's adult population is fully vaccinated, hundreds of millions are still at risk. Doctors warn that if an Omicron-fuelled third wave of infections hits the country, medical facilities could be over-run very...
Global airline carriers scrap more than 2,000 flights – FlightAware
FlightAware said there had been 448 cancellations within, into, or out of the United States so far on Friday Global airline carriers have canceled more than 2,000 flights so far on Friday, the FlightAware website said, in an indication of how COVID-19 is affecting...
Covid-19: Pressure mounts on India to begin boosters as Omicron spreads
India's drug regulator has so far been reluctant to authorize third doses or childhood vaccinations until local trial data has been produced. Government officials have been reiterating targets to fully inoculating the country’s adult population first India’s...
BJD MP urges GST Council to reduce tax on health insurance from 18% to 5% for sr citizens
“In order to provide relief to our senior citizens, it is necessary to reduce the existing GST rates on health insurance policies from 18 per cent to five per cent or exempt senior citizens from any GST on purchase of health insurance,” Patnaik said in the letter...
Sanlam looks for strategic partnership with Allianz in Africa
Allianz makes less than 500 million euros [US$564.1 million] in revenues from its African operations in 2020, but is looking to expand on the continent JOHANNESBURG – African insurer Sanlam Ltd. said on Wednesday it was exploring “strategic alternatives” with...
Phishing victim can’t claim $5 mln loss for money it never ‘held’
The scammers used the log-in credentials to divert about $10 million in payments. However, RealPage quickly detected the swindle and notified Stripe, which was able to stop payment or recover nearly $4 million RealPage reimbursed its client property managers for the...