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India saw 19.3 drop in particulate pollution in 2022 adding 51 days to life expectancy Report
Despite this improvement, the average resident in northern plains...
Sept 9 GST council meet to discuss rationalisation of tax , final decision later: FM
Nirmala Sitharaman,Finance Minister "The upcoming GST Council...
Special drive launched to bring more farmers under PM crop cover scheme
A week-long drive, starting July 1, will cover all notified areas under the kharif 2021 season with special focus on 75 aspirational districts where crop insurance penetration is low.
Launching the special drive, Agriculture Minister Narendra Singh Tomar said so far 29.16 crore farmers have insured their crops under the PMFBY.
More than Rs 95,000 crore worth of claims have been provided to farmers since the launch of the scheme, against the total premium of Rs 17,000 crore paid by them, he said.
Centre rushes teams to six states reporting high number of Covid cases
The teams will visit the states,Kerala, Arunachal Pradesh, Tripura, Odisha, Chhattisgarh and Manipur immediately and monitor the overall implementation of COVID-19 management, especially in testing, including surveillance and containment operations; Covid Appropriate Behaviour and its enforcement; availability of hospital beds, sufficient logistics including ambulances, ventilators, medical oxygen etc., and COVID-19 vaccination progress.
After COVID-19, ‘black fungus’ robs some in India of their eyesight
After a catastrophic second wave of COVID-19 in India since April which has seen its overall death toll climb to almost 400,000, thousands who contracted the virus also suffered from a rare fungal disease called mucormycosis, or “black fungus”.
Dr Reddy’s denied approval for Phase 3 trials of Sputnik Light vaccine
“The Subject Expert Committee has denied permission to Dr Reddy’s to conduct phase-3 trials on the Russian vaccine Sputnik Light in India,” sources told ANI here.
After launching Sputnik V, Russia had introduced a new single-dose vaccine called Sputnik Light in May.
Digit Insurance profit falls 30% to 123 crore in 2020-21, combined ratio at 109.4%
The insurer is raising $200 million from new investors Sequoia Capital India and IIFL Alternate Asset Managers as well as existing investor Faering Capital and others in a round expected to generate a valuation of $3.5 billion, said a statement by the company.
Cyber reinsurance jump 40 % in July renewals -Willis Re
The average ransom payment made by a business to restore data after a cyber attack was $220,000 in the first quarter, up 43% from the last quarter of 2020, according to cyber security firm Coveware.
In addition to the ransom payments, cyber insurance and reinsurance policies can cover the cost of restoring the network, business interruption losses and even the hiring of a PR agency to address reputational damage.
Andhra CM launches ‘YSR Bima’ scheme, allocates Rs 750 crore for 2021-22
“Similarly, as promised during elections, the government had brought YSR Bima, an insurance scheme to support those families who lost their breadwinner. About 1.30 lakh families have been brought under insurance coverage. Under the scheme, an insurance amount of Rs 1 lakh will be paid if the beneficiary aged between 18 to 50 years, who is a breadwinner of the family, succumbs to natural death. A sum of Rs 5 lakh will be paid if the beneficiary in the age group of 18 to 70 years dies in an accident”, said the Chief Minister.
India’s medical infra well prepared to deal with third COVID wave: FM
A Rs 50,000 crore credit guarantee scheme for setting up of medical or health infrastructure by private hospitals in cities other than 8 metropolitan cities was also announced as part of measures for reviving the economy battered by a severe second wave of COVID-19.
The minister further said 45-50 lakh people per day are getting vaccinated and a total of 33 crore people have received vaccination.
Insurers got 22k claims for COVID-19 deaths in FY21; no significant impact on sector financials:RBI
The claims paid ratio (provisional) stood at 98.1 per cent for individual claims and 98.6 per cent in the group category, in comparison with 96.8 per cent and 97.3 per cent, respectively, for the previous financial year, it said.
”…the pandemic did not have a significant impact on death claim settlement rates,” it said.
India’s Zydus Cadila seeks approval for its 3-dose COVID vaccine
Zydus said the efficacy result is based on an interim analysis of a late-stage trial of more than 28,000 volunteers nationwide, including nearly 1,000 subjects in the age group of 12 to 18.
Immunogenicity data for the adolescent children subset will be submitted in the next four to six weeks, Patel said.