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Mental Illness: Indian Insurers now cover alzheimers, depression and bipolar disorders
Sanil Basutkar Having an appropriate cover and healthcare plan for mental illness needs to be an important aspect when looking for a comprehensive insurance for you and your family How does insurance cover work for mental illness?For around 60 years after...
Employers may need to justify bans on wearing religious signs, EU court says
However, the court said an employer's neutrality rule could be deemed indirectly discriminatory if it results in someone of a particular religion or belief being put at a disadvantage. It said that in this particular dispute, it would be up to a works tribunal in...
Uganda introduces lockdown measures to halt spread of Ebola: president
The measures aimed at curbing the spread of the disease will be introduced immediately in Mubende and Kassanda districts in central Uganda, the epicentre of the epidemic, he said in a televised national address Uganda President Yoweri Museveni said on Saturday the...
Lenders permit Aditya Birla Capital to bid for Reliance Nippon Life
The Committee of Creditors (CoC) has approved Aditya Birla Capital Ltd to bid for RNLIC, sources said. Reliance Nippon Life Insurance is a 51:49 joint venture between Reliance Capital and Nippon Life of Japan Mumbai: Lenders to debt-ridden Reliance Capital have...
Plastic Pollution: Litigation could cost the industry and its insurers $20 billion in US over next 8 yrs, says Report
More than 300 million tons of plastic are produced every year and at least 14 million tons ends up in the ocean where it is ingested by animals and can enter the human food chain, according to the International Union for Conservation of Nature Like climate...
FPIs withdraw Rs 7,500 cr from Indian equities in Oct on rate hike concerns
This came following an outflow of over Rs 7,600 crore in September on the hawkish stance of the US Fed and the sharp depreciation in the rupee "Expectation of further and aggressive rate hikes by the US Fed, depreciating rupee, fears of a recession and continuation of...
Health Ministry not to procure fresh Covid vaccines; surrenders Rs 4,237 crore from vaccination budget
Since the Covid cases have been low, a sense of complacency has grown among people and there has not been much demand of vaccines even though the government conducted a 75-day drive -- 'Covid Vaccination Amrit Mahotsava' -- to administer booster doses to all adults...
India has potential to attract $ 475 bn through FDI in 5 yrs: CII-EY report
Besides the fact that India is among the fastest-growing large economies in the world, the confidence in its potential stems from strong consumption trends, digitisation and a growing services sector, along with the government's strong focus on infrastructure and...
PM to kickstart distribution of PMJAY-MA Yojana Ayushman cards in Gujarat
Prime Minister will kickstart the distribution of these cards, after which printed 50 lakh coloured Ayushman cards will be distributed to all the beneficiaries across Gujarat, at their doorstep, by National Health Authority empanelled agencies after doing e-KYC of...
99% of Indian villages have now a bank branch, banking outlet or a ‘banking mitra’ within 5 km radius: PM Modi
Narendra Modi,Prime Minister Today the number of branches per one lakh adult citizens in India is more than countries like Germany, China and South Africa”, he added The PM informed that fintech is at the heart of India's policies and efforts, and it is playing a key...
India aims at developing tech driven regulatory framework for cryptocurrency during G20 presidency: Sitharaman
Nirmala Sitharaman, Finance Minister “This concern has been actually acknowledged by several members of the G20 saying yes money trail, yes money laundering, yes drug misuse, and so on. There is an understanding that we need to have some kind of regulation, and...
Most women are unaware of signs of aggressive breast cancer: Research
"Women should be aware that severe breast alterations are not typical and that breast self-examinations are still crucial. According to Dr Ko Un Park, a surgical oncologist who oversees the OSUCCC - James' Stefanie Spielman Comprehensive Breast Center's new...
NGT directs Karnataka government to pay Rs 2,900 cr for improper solid, liquid waste management
Award of compensation had become necessary under Section 15 of the NGT Act to remedy the continuing damage to the environment and to comply with directions of the Supreme Court, the bench said. It is high time that the state realises its duty to the law and citizens...
Drones-manufacturer Garuda Aerospace signs MOU with NDRF
Garuda Aerospace, in a statement here, said the company has become the first start-up to be enlisted as a 'drone-as-a-service' partner for the NDRF Chennai-based drone-maker would deploy the quadcopter named 'Droni' for surveillance, monitoring movements and...
ICICI Prudential Life Insurance net profit declines 55 pc to Rs 199 cr in Jul-Sep
The value of new business (VNB), a key measure of profitability, posted strong growth of 25.1 per cent at Rs 1,092 crore in the first half of FY2023, the insurer said. ''On the back of this strong VNB growth and with a favourable premium base for the coming months, we...
Climate finance by major multilateral banks rose 24 pc in 2021
"In Asia and the Pacific, we are uniquely vulnerable. Whether it's historic levels of flooding in Pakistan, devastating drought in the People's Republic of China, or cyclones in the Pacific, our region knows full well the ever-present impact of climate change. It's...
AM Best downgrades Peak Re’s outlooks to negative from stable
The negative outlooks reflect AM Best’s expectation that macroeconomic headwinds and current unfavourable capital and investment market conditions may exacerbate financial stress on Fosun over the short to intermediate term HONG KONG: AM Best has revised the outlooks...
HDFC Life announces completion of Exide Life merger
"We are delighted to have completed the entire transaction in a short span of time. This merger has been made possible due to the encouragement, timely approvals and support from our regulator – IRDAI and all other authorities involved in the process'' Mumbai:HDFC...