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ManipalCigna launches a specialized plan for seniors
A customer between 56 to 75, after meeting the underwriting eligibility, can buy the plans and if an existing customer pay premium annually even after reaching 75, the cover will continue for him/her till death The sum insured options range from Rs. 3 lacs to Rs 50...
InsuranceDekho raises $150 million to grow SME business
The deal,the largest-ever Series A round for an Indian insurance technology company, was led by Goldman Sachs Asset Management and participated by TVS Capital Funds Investcorp, Avataar Ventures and LeapFrog Investments Based in Gurgaon outside New Delhi, the company...
New Zealand declares national emergency as Cyclone Gabrielle wreaks havoc
While New Zealand was now through the worst of the storm, more rain and high winds were expected. The country was suffering from extensive flooding, landslides and damage to roads and infrastructure, Kieran McAnulty, minister of emergency management said New Zealand...
Adani crisis unlikely to spill over to other Indian conglomerates
Gautam Adani, chairman, Adani Group The crisis has raised questions about India’s credibility as a global growth engine and a destination for international investors. Earlier this month, MSCI reduced the free float of four companies owned by Adani, while Moody’s...
5 state-owned general insurers’ total exposure to Adani at Rs 347.64 cr: MoS Finance
Bhagwat Karad,Minister of State for Finance "As per data received from Public Sector General Insurance companies, namely New India Assurance Company Ltd, United India Insurance Company Ltd, National Insurance Company Ltd, Oriental Insurance Company Ltd and General...
Kotak Mahindra Bank plans minor stake sale in its general insurance arm
The process could draw potential strategic partners as well as financial investors Deliberations are at an early stage, details of a deal such as size and structure could change and the lender could decide not to go ahead with the stake sale, the people said. A...
MP: Health survey shows at least 50 per cent of Indore residents suffering from some ailment
The report of the survey helmed by the Indian Medical Association's Indore Chapter and the Red Cross Society 'Around 48 per cent residents had some abnormality in one test, 9.5 per cent had enhanced blood sugar levels, 17 per cent had high cholesterol levels, 6 per...
Micro quakes preventing large-scale event in India but country prepared for any eventuality: Experts
According to the Ministry of Earth Sciences, 59 per cent of India's land mass is prone to earthquakes. Zone V is seismically the most active region, while Zone II is the least. Around 11 per cent of the country' area falls in Zone V, 18 per cent in Zone IV and 30 per...
Delhi Police to partner with Truecaller to help protect people from impersonators, cyber frauds
''This will help users identify verified numbers and protect them from frauds and scams relating to impersonation in the name of government officials. All verified numbers of Delhi Police will have a green badge and a blue tick mark, with a government service tag...
Men are more prone to develop obesity-related conditions: Study
"This isn't just an obesity related issue -- I think it's a much broader conceptual problem that also encompasses healthy aging. One implication of our findings is that there will be situations where the treatment that is ideal for men is not going to be ideal for...
India committed to strengthen traditional medicine practice by bolstering evidence-based research: Sarbananda Sonowal
He added that the vision of the Prime Minister to build a robust healthcare system for the holistic patient care system remains solid as the Union Budget has considerably hiked the budget for the Ministry of Ayush by 20 per cent New Delhi: Union Ayush Minister...
COVID-19 has significant impact on liver, study at Mumbai civic hospital finds
The study by the Gastroenterology department of BYL Nair Hospital, which was among the main hospitals earmarked for treating coronavirus patients in the city, found that almost half the participants had developed liver abnormalities. The report was recently published...
4 PSU general insurers to implement organisational restructuring from Monday, Unions to protest
``As we enter the New Year, we are excited to announce the introduction of this new organisational design starting from 13th February on pilot basis,''said Suchita Gupta, CMD, National Insurance Company in a letter to the company's employees Similar letters have been...
No new Covid variants emerged during China’s recent outbreak: Lancet study
''Our analysis suggests two known Omicron sub-variants – rather than any new variants – have chiefly been responsible for the current surge in Beijing, and likely China as a whole,'' said lead author Professor George Gao, of the Institute of Microbiology at the...
India poised to become world’s most populous country this year: Report
People under the age of 25 account for more than 40 per cent of India's population. Unlike India, the other two most populous countries in the world, China and the US, have rapidly ageing populations. The fertility rate in India is higher than that of China and the...
IFSCA lays foundation to strengthen ship financing, leasing in India
With the changes, ship financing is expected to witness a similar boom as seen in aviation financing, FSCA Committee on Ship Acquisition chairperson Vandana Aggarwal said Kolkata: In a bid to boost maritime trade, International Financial Services Centres...
Around 10 states, 5 UTs not implementing crop insurance scheme PMFBY: Tomar
Union Agriculture Minister Narendra Singh Tomar The ten states are: Arunachal Pradesh, Bihar, Gujarat, Jharkhand, Meghalaya, Mizoram, Nagaland, Punjab, Telangana and West Bengal, the minister said in a written reply to the Rajya Sabha Since inception of the scheme in...
UK to expedite insurance reforms, to release £100 billion of capital for investment
Officials could look to implement the Solvency II reforms in two stages, the Financial Times, which first reported the news, said. Insurers could be allowed to swap bonds they have to hold currently for assets such as green technology or housing at first, with other...