Amit Shah,Union Home Minister Shah also reviewed the preparations...
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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...
Moody’s upgrades outlook for global aviation industry to ‘positive’
“While the continuing pandemic means there is a risk of further disruption to air travel in various countries at various times, we expect an increase in vaccinations to lower border restrictions and increase demand for air travel over the next 12 to 18 months,” Moody’s said in a note today.
Govt asks to states to take on preventive measures to curb the spread of Covid in rural India
To provide real-time information on availability of testing/vaccination centers, doctors, hospital beds etc. to rural citizens, the Ministry has advised state governments to leverage available IT infrastructure like Panchayat offices, Schools, Common Service Centers etc.
Cloudburst hits Devprayag in Uttarakhand
A number of shops in the Dashrath Danda Parvat area of Devprayag were also damaged in the cloudburst, the SHO said.
No judicial interference needed in Covid-19 vaccine policy: Centre tells SC
The affidavit added that the new ‘Liberalized Pricing and Accelerated National Covid-19 Vaccination Strategy would further ramp up the pace of COVID-19 vaccination.”
Universal pricing system for COVID-treatment introduced in pvt hospitals: Kerala govt tells HC
The government said charges for various treatments, consumables, medicines, doctors and nursing should be made known to the public and will be monitored by the secretary Clinical Establishment Act.
”If any hospital is found to be charging more than the rates… they shall be levied a penalty which shall be ten times the additional charges by the concerned DMO(H),” it said.
Last week, the high court had directed the state government to take steps to introduce a uniform tariff rate for COVID-19 treatment at private hospitals.
Toyota-backed self-driving car Pony.ai partners with Luminar
James Peng, Pony.ai CEO said the startup chose Luminar’s Iris lidar for its performance but also as it can be integrated into the car better than traditional lidars.
“It’s actually starting to blur the line between what you see as a very well designed passenger vehicle and the monstrosities that have been on top of some of the AV test vehicles,” said Austin Russell, founder and CEO of Luminar.
Underwriters puzzle over how to make pandemics insurable again
U.S. company SpottedRisk has devised a model built on years of data on the political and economic environment of film locations in 150 countries, as well as a year’s COVID-19 shutdown data, to come up with a pricing mechanism to cover the risk of production stopping due to the pandemic.
Britain, the European Union and the United States are all looking at arrangements in which cover from commercial insurers would be backed by government reinsurance schemes. Such schemes could be less costly than business bailouts but the process of developing them is slow, as governments grapple with the problems at hand.
Europe dares to reopen as 200 millionth vaccine dose delivered
With 200 million vaccine doses delivered, the European Union is on track to achieve its goal of inoculating 70% of its adult population by summer, Commission President Ursula von der Leyen tweeted on Sunday.
Insurers can’t deny Carona covers to customers: IRDAI
All insurers, as applicable, are advised to continue offering Corona Kavach and Corona Rakshak Policies and also to renew these policies, said the IRDAI.
Non-life insurance cos register 22 pc growth in gross premium at Rs 17,310 cr in Apr
The five standalone health insurance providers witnessed more than 43 per cent jump in gross premium at Rs 1,259.23 crore as against Rs 809.20 crore.