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India surpasses 1,50,000 Ayushman Bharat Health and Wellness Centres before Dec 31 deadline
Ayushman Bharat wellness centres aim to provide Comprehensive Primary Health Care (CPHC), by expanding and strengthening the existing Reproductive & Child Health (RCH) and Communicable Diseases services and by including services related to Non-Communicable...
RBI favours prohibition of unbacked crypto assets
The framework proposes that authorities should have appropriate powers, tools and resources to regulate, supervise, and oversee crypto assets activities and markets, both domestically and internationally, proportionate to the financial stability risk they pose," the...
Man loses Rs 14 lakh to fraudsters offering Rs 50 lakh loan on `insurance policies’
The accused lured victims with low interest rate loan offers against the newly purchased insurance policy which was also sold by them to the victims New Delhi: The Delhi Police has busted a gang which operated under the disguise of an insurance firm at a Noida-based...
Challenging Jan 1 renewals reflect a market seeking new equilibrium: Guy Carpenter
In a renewal season that was extremely late, ultimately, placements were largely completed at client issued structures and pricing, without many of the requested modifications in coverage Reinsurers presented fractured views at the outset, with more extreme coverage...
Equity investors turn richer by Rs 16.36 lakh crore in 2022
In 2021, equity investors reaped handsome rewards as their wealth grew nearly Rs 78 lakh crore while Sensex gained 10,502.49 points or 21.99 per cent. Mumbai: Dalal Street investors became richer by more than Rs 16.36 lakh crore this year as the equity market scaled...
Over 19,400 road accidents occurred due to loss of control by driver in 2021: Report
According to the report, hit from the back (21.2 per cent) accounted for the largest share in total accidents and the total number of persons killed (18.6 per cent) during 2021 followed by 'head on collision' (18.5 per cent) and (17.7 per cent), respectively. Head-on...
Healthcare institutions need to increase investment in Cyber security: Experts
`` We are witnessing serious threats to our data in the form of cyber-attacks. Compared to other industries, the healthcare sector needs to be extra cautious towards cyber security as we keep or store a large volume of sensitive data. The world witnessed the highest...
Russia-Ukraine conflict: more ship insurers exit war cover
At least 12 of the 13 organizations within the International Group of P&I Clubs — the main insurer of risks such as collisions and spills — have changed their policies to exclude claims stemming from Russia’s invasion of Ukraine in recent days. The 13 clubs are...
Google, YouTube content providers must face US children’s privacy lawsuit
The lawsuit alleged that Google’s data collection violated similar state laws, and that YouTube content providers such as Hasbro Inc, Mattel Inc, the Cartoon Network and DreamWorks Animation lured children to their channels, knowing that they would be tracked U.S....
2022 was a crucial year for India in combating climate change, reverse nature loss
The Centre also set a new target of 40 per cent reduction in particulate matter concentration in cities covered under the National Clean Air Programme (NCAP) by 2026, updating the earlier goal of 20 to 30 percent reduction by 2024 According to the Environment...
China could see as many as 25,000 deaths a day from Covid-19 in Jan
The jump in cases has fueled concern across the globe about the emergence of new Covid variants that could be more contagious, lethal, or both. That has prompted numerous countries to adopt mandatory testing and entry restrictions for travelers from China, which also...
World population at 7.9 bn on New Year’s Day, 0.9% increase over 2022
During January 2023, 4.3 births and two deaths are expected worldwide every second, the Census Bureau said. New York: The world population is projected to be 7.9 billion people on New Year's Day 2023, with 73.7 million people added since New Year's Day 2022, the U.S....
Reliance Gen offers 2.5% discount on premiums for COVID-19 vaccinated customers
In move to promote preventive vaccination, Reliance General Insurance is offering 2.5 per cent discount* on insurance premiums to customers who have taken the COVID-19 vaccines or Booster shot and other vaccines like Human Papillomavirus vaccine or Pneumococcal...
New wearable device may enhance PTSD treatment experience: Study
With PTSD, a honking horn, a crowded coffeehouse or a sharp scent can bring back traumatic memories that can raise the heart rate, increase muscle tension and lead to anxiety and depression. These reactions occur even without the presence of danger, but they pose...
Income tax exemption might be extended to Rs 5 lakh in budget, say sources
For persons in the age bracket of 60-80 years, the exemption limit is Rs 3 lakh and for senior citizens above 80, it is Rs 5 lakh. New Delhi: The government is likely to enhance the income tax exemption limit to Rs 5 lakh from the existing Rs 2.5 lakh in the...
Outlook 2023: Negotiating a Hard Reinsurance Market
Shankar Garigiparthy,CEO & Country Manager, India Reinsurers have been supporting the Indian market for many years, and have been paying significant amount of claims. With a hardening reinsurance market globally, the Indian market is also likely to face these...
Ship insurers to cancel war cover for Russia, Ukraine from Jan. 1
UK P&I Club said on Dec. 23 that the issue had arisen because of a lack of availability of reinsurance for reinsurers, also known as retrocession “The Club’s reinsurers are no longer able to secure reinsurance for war risk exposure to Russian, Ukrainian or Belarus...
Next 40 days crucial as India may see COVID cases surge in mid-January: Health Ministry Sources
As there have been reports of a surge in COVID cases in some countries, the operational readiness of health facilities is being reviewed in all States and Union Territories in case of another wave. Notably, two passengers coming from Dubai tested positive for the...