Amit Shah,Union Home Minister Shah also reviewed the preparations...
Category:
Non-Life
Latest
53rd GST Council- No tax on co-insurance and reinsurance commission, Rs 25,000 crore demand notices on Indian re/insurers revoked
(LtoR)- Sanjay Malhotra, Revenue Secretary, Nirmala Sitharaman,...
India mulls income tax cuts in Budget as part of $6 billion consumer boost
Officials in the Ministry of Finance have discussed proposals to...
Only 30% of firms in US, Europe to embrace full return-to-office model
“By shifting conversations to focus on the working environments that best suit employees’ needs moving forward, organisations can ensure that their employees feel they are being heard and that they have the autonomy and tools to do their jobs effectively,” said Keith Johnston, VP and group research director at Forrester.
Vaccine inequality, wily variants: Covid’s deadliest phase may be here soon
In countries with widespread vaccination, like the United States and Britain, we can expect that Covid cases, hospitalizations and deaths will continue to decline or stay low, especially because lab tests and real world experience show that vaccines appear to defend recipients well against the severe effects of both variants.
For much of the rest of the world, though, this even more transmissible new variant could be catastrophic.
‘They hit you hard’: How DarkSide became powerhouse of ransomware attacks
Where once criminals had to play psychological games to trick people into handing over bank passwords and have the technical know-how to siphon money out of secure personal accounts, now virtually anyone can obtain ransomware off the shelf and load it into a compromised computer system using tricks picked up from YouTube tutorials or with the help of groups like DarkSide.
“Any doofus can be a cybercriminal now,” said Sergei A. Pavlovich, a former hacker who served 10 years in prison in his native Belarus for cybercrimes. “The intellectual barrier to entry has gotten extremely low.”
Group health insurance startup Plum raises $15.6mn Series A funding led by Tiger Global
The group health insurance market in India, which is almost 50% of the total $3.5bn health insurance market, has seen an annual growth of about 25% in the last few years and is doubling every three years. Group health insurance products cover about 90 mn Indians, but are expected to cover more than 500mn Indians by the end of this decade..With over 600 organisations on-boarded, Plum has been witnessing a growth rate of 110% quarter-on-quarter
South Asia crosses 30 million COVID-19 cases as India battles second wave
The South Asia region – India, Bangladesh, Pakistan, Bhutan, Nepal, Maldives and Sri Lanka – accounts for 18% of global cases and almost 10% of deaths. But there is growing suspicion that official tallies of infections and deaths are not reflecting the true extent of the problem.
Govt announces scheme to provide pension for dependents of COVID-19 victims
Besides family pensions, insurance benefits under the Employees” Deposit-Linked Insurance (EDLI) scheme have been enhanced and liberalised. Prime Minister Narendra Modi said these steps will help mitigate financial difficulties faced by these families.
To help these families live a life of dignity and maintain a good standard of living, the benefit of the Employee State Insurance Corporation (ESIC) pension scheme for employment-related death cases is being extended to even those who have died due to Covid, the PMO said in a statement.
Maharashtra intends to lead in the EV category, say officials
He said some 32,000 electric vehicles in various categories are registered in the state at present.
”The state intends on making the under construction Mumbai Nagpur Expressway and Mumbai Pune Expressway, Mumbai- Nashik and Nashik-Pune highways fully EV ready by 2025,” he said.
African Swine Fever continues to wreak havoc in Mizoram
The ASF outbreak has caused a loss of Rs 18.60 crore to the farmers of the state, said Dr Lalhmingthanga, the Joint Director (Livestock Health) at the Animal Husbandry and Veterinary Science Department.
The first pig death due to ASF was reported on March 21 at Lungsen village in south Mizoram’s Lunglei district, bordering Bangladesh, he said.
Since then the dreaded pig disease has spread to nine districts — Aizawl, Lunglei, Mamit, Serchhip, Lawngtlai, Khawzawl, Hnahthial, Siaha and Champhai.
After Colonial attack, energy companies rush to secure cyber insurance
Insurers are preparing to increase cyber insurance premiums by 25% to 40% across many industries because of the number of claims, insurance companies and brokers have said. But energy companies should expect rate increases at the higher end of the spectrum as the Colonial attack exposed their vulnerabilities and exposed insurers to losses.
Lloyd’s to partner London Market Insurance Companies and DXC Technology to transform its digital processing
London: Lloyd’s, London Market Insurance Companies and DXC Technology partner to transform the technology and digital processing that powers the world’s largest insurance marketplace. Lloyd’s, DXC Technology, the Boards of the Lloyd’s...