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Assam govt planning universal health insurance: Himanta
Himanta Biswa Sarma,Chief Minister,Assam “We are planning to come up with universal health insurance through Ayushman Assam for those left out of Ayushman Bharat. The scheme will cover senior citizens, journalists, people without NFSS ration cards, etc.” Assam Chief...
LIC sells 2% of its shareholding in M&M
After the sale, the LIC holding in the passenger cars and utility vehicles company decreased from 8.430 per cent to 6.421 per cent, it said. Mumbai: Life Insurance Corporation (LIC) on Wednesday said it has sold 2 per cent of its shareholding in automaker Mahindra...
India to start supplying petrol with 20 per cent ethanol from April 2023
Through the reduction in the burning of rice straw, the project will contribute to a reduction of greenhouse gases equivalent to about 3 lakh tonnes of carbon dioxide equivalent emissions per annum, which can be understood as equivalent to replacing nearly 63,000 cars...
U.S. CDC no longer recommends students quarantine for COVID-19 exposure
The agency also said it is no longer recommending unvaccinated people quarantine after exposure, saying around 95% of the U.S. population has either been vaccinated or had COVID-19 already, or both The U.S. Centers for Disease Control and Prevention said on Thursday...
COVID fallout: Global youth unemployment set to reach 73 million, says ILO
The report’s takeaways include the worrying finding that young women are worse off than young men when it comes to finding a job. This year, fewer than three in 10 young women globally are expected to be in work, compared to well over four in 10 young men The number...
Aviva India appoints Sumithasri Eranti Venkataramagupta as chairperson
New Delhi: Aviva India announced the appointment of Sumithasri Eranti Venkataramagupta as chairperson of Aviva Life Insurance Company India. She succeeds Mohit Burman, who served as the Chairperson for over 14 years and will continue to be a non-executive Director on...
Married daughters also entitled for compensation paid by insurers: HC
The HC single judge bench of Justice H P Sandesh heard an appeal filed by an insurance company challenging the award of compensation to married daughters of one Renuka (aged 57) who was killed in an accident on April 12, 2012 near Yamanur, Hubballi, in north Karnataka...
India’s annual green finance is just one-fourth of its needs, finds study
The report estimates that for India to achieve its Nationally Determined Contributions (NDCs) under the Paris agreement, the country requires approximately Rs 162.5 lakh crore (USD 2.5 trillion) from 2015 to 2030, or roughly Rs 11 lakh crore (USD 170 billion) per...
In India,7.3% of the population owned digital currency in 2021, 7th highest in the world: UN
“If cryptocurrencies become a widespread means of payment and even replace domestic currencies unofficially (a process called cryptoisation), this could jeopardise the monetary sovereignty of countries,” UN said Ukraine topped the list with 12.7 per cent, followed by...
Wage Revision: PSU general insurance industry unions stick to their demand of pay parity with LIC
``Pay scales offered to us as on 01st August 2017 with loading factor of 10 per cent put us in most disadvantage when compared to those granted to LICI and ECGC,’’ said unions in their letter to Suchita Gupta, chairperson of GIPSA, the official coordinating agency...
Pakistan: Karachi among world’s worst places to live
Austria's capital Vienna topped the list of top 10 places to live in the world. Vienna held the top position in 2018 and 2019 as well. Islamabad: Karachi has yet again made it to the list of worst cities to live in the world in 2022, according to the Global...
PB Fintech loss widens to Rs 204 crore in Apr-Jun
The company in its financial performance report said that its insurance premium segment grew by 52 per cent to Rs 2,430 crore in June 2022 quarter from Rs 1,594 crore in the June 2021 quarter New Delhi: PB Fintech, the parent firm of online insurance broker...
New India’s net profit rises 32 % to Rs 118 crore in Q1FY23
``After a challenging FY22, Q1FY23 saw a turnaround with the company's results improving considerably compared to the previous quarter. The gross written premium growth at 6.5 per cent was low as the company took several proactive steps to strengthen the pricing and...
GIC Re back in black, posts a net profit of Rs 690 crore in Q1FY2023
Devesh Srivastava, CMD, GIC Re ``We are targeting a Combined Ratio of 100 per cent and work is on progress to achieve it in the medium term. We are now purely looking for profitable business and the market is aware of our focus. Topline growth will happen but it has...
Monkeypox: How it spreads, who’s at risk – here’s what you need to know
Monkeypox is not a new disease, and in some African countries it is endemic. However, the international outbreak which began in May 2022, has prompted the World Health Organization (WHO) to declare a global health emergency. Here are some of the important things to...
9 million people die each year from neurological disorders: WHO
Neurological disorders, which include stroke, migraines, dementia and meningitis. WHO reported that 43 per cent of children under five in low- and middle-income countries - nearly 250 million boys and girls - are believed to miss their developmental potential due to...
Heat, drought and wildfires during one of the warmest Julys on record– WMO
“This is despite the La Niña event that’s meant to have a cooling influence,” explained WMO spokesperson Clare Nullis “We saw this in some places, but not globally,” she added, noting that it was “one of the three warmest [Julys] on record, slightly cooler than July...
Threats of drought, flooding and blistering heat keeping supplies of global crop tight and prices elevated
Rice, another important Indian crop, was planted on a smaller area so far this season due to a lack of rainfall in some main growing areas, including West Bengal and Uttar Pradesh, which account for a quarter of the country’s output. This will potentially reduce...