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PSU insurers lodge Covid insurance claims worth Rs 17,537 cr till Dec 2021

PSU insurers lodge Covid insurance claims worth Rs 17,537 cr till Dec 2021

by AIP Online Bureau | Apr 4, 2022 | Indian News, Non-Life, Pandemic

”Till December 31, 2021, 14.92 lakh COVID-19 health claims, of a total amount of Rs 17,537 crore, were lodged with public sector insurance companies, of which 93.3 per cent claims had been disposed of,” Minister of State for Finance Bhagwat Karad said in a...
ICICI Lombard’s 2nd edition of Corporate India Risk Index witnesses a 9% jump

ICICI Lombard’s 2nd edition of Corporate India Risk Index witnesses a 9% jump

by AIP Online Bureau | Apr 4, 2022 | Indian News, Non-Life, Reinsurance, Risk Management

Bhargav Dasgupta, MD & CEO, ICICI Lombard General insurance The highest improvement was witnessed in the Transportation & Logistics sector, which has secured a score of 69, up from 47 in 2020. The sector bounced back post pandemic owing to new strategic...

Chhattisgarh tops states with lowest unemployment rate in country: Govt

by AIP Online Bureau | Apr 4, 2022 | Data, Eco/Invest/Demography

The state government has set up the ‘Chhattisgarh Employment Mission’ intending to create around 15 lakh new employment opportunities in the next five years New Delhi: Chhattisgarh has been ranked first among states with the lowest unemployment rate in the...
GST rate for COVID-19 medicines pegged at five percent GST: govt

GST rate for COVID-19 medicines pegged at five percent GST: govt

by AIP Online Bureau | Apr 4, 2022 | Health, Indian News, Policy

“At present, Goods and Services Tax (GST) on health insurance services is levied at standard rate, i.e., 18 per cent. Specific health insurance schemes catering to the needs of economically weaker sections of the society and differently abled, such as Rashtriya...
Investor wealth jumps over Rs 3 trn, 416 stocks breach upper circuit

Investor wealth jumps over Rs 3 trn, 416 stocks breach upper circuit

by AIP Online Bureau | Apr 4, 2022 | Eco/Invest/Demography, Indian News

Reflecting bullish investor sentiments, the 30-share key index Sensex skyrocketed 1,472.33 points or a whopping 2.46 per cent to 60,736.08 points at around 10.30 am, driven by HDFC twins Mumbai: Investors turned wealthier by more than Rs 3 lakh crore in the first hour...
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