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Here is a masonry blog layout with no sidebarGovernment notifies new rules for direct selling industry, seeks to safeguard interests of consumers
Every direct selling entity shall establish a mechanism for filing of complaints by consumers through its offices or branches or direct sellers, either in person or through post, telephone, e-mail or website They should have a grievance redress officer to acknowledge...
LIC seeks bids for consultancy services for its digital transformation
The strategy drawn should be in line with LIC's business strategy with the aim of organizational growth, sustainable competitive advantage, increased productivity of intermediaries, creating a unique as well as best value for customers, according to the EoI document...
Tata AIA Life premium income rises 23 pc to Rs 5,255 cr in H1 FY22
The company's total assets under management (AUM) increased 38 per cent in H1 FY22 to Rs 51,704 crore from Rs 37,409 crore in H1 FY21 Mumbai: Tata AIA Life Insurance has reported a 23 per cent rise in its total premium income of Rs 5,255 crore for the first half of...
General insurers settle only third of claim amount due to natural calamities during FY21
Against a claim amount of Rs 2,559.10 crore due to these catastrophic events, the general insurers settled claims worth Rs 760.68 crore (27,576 claims), nearly 30 per cent the claims amount Claims worth Rs 1,705.52 crore are outstanding against a total of 3,428...
Govt inducts three insurers as part time members into BBB
The new members are Usha Sangwan, former MD, Life Insurance Corporation representing the life segment, A.V. Girija Kumar, former CMD, Oriental Insurance Company(OIC), for non-life, Sujay Banarji, former member,(Distribution), for re-insurance or actuarial science New...
ICICI Pru Life’s new term insurance plan to return 105% of premiums paid on maturity
Term plans with auto-adjusting life cover, basis changing life-stages, to suit customer’s requirements Option to take cover against 64 critical illnesses Mumbai: ICICI Prudential Life Insurance has launched an innovative term insurance product ‘ICICI Pru iProtect...
Govt says only Covaxin COVID-19 shot to be given to those aged 15 to 18
"This (Covaxin) is the only vaccine with emergency use listing for the age-group 15-18," the federal health ministry said on Monday An expert committee of India's drug regulator recommended emergency use authorisation for Merck's COVID-19 pill molnupiravir, and Serum...
Lloyd’s Asia launches new renewable energy consortium
The new consortium has been developed by Chaucer, Markel, and Munich Re Syndicate Ltd (MRSL) and has a maximum working capacity of USD100m per project It is expected that Asia Pacific will continue to outperform other regions as a market for the investment and...
Malaysia seeks U.N. climate adaptation funds amid deadly floods
Malaysia's National Adaptation Plan will focus on areas such as water, agricultural, and food security, public health, forestry, and infrastructure KUALA LUMPUR: Malaysia is seeking $3 million from the U.N. Green Climate Fund (GCF) to develop a national plan to adapt...
Gadkari asks automakers to start producing flex-fuel vehicles in 6 months
Nitin Gadkari, Union Minister for Road Transport & Highways "In order to substitute India's import of petroleum as a fuel…we have now advised the automobile manufacturers in India to start manufacturing flex fuel vehicles (FFV) and flex fuel strong hybrid electric...
Adani Group nears first coal shipment from shunned Australian mine
Climate activists, concerned about carbon emissions and potential damage to Australia's Great Barrier Reef - both from global warming and dredging at Abbot Point port - brought several cases challenging government approvals for the mine Melbourne: India's Adani Group...
Kerala best state on health parameters, UP worst: 4th Niti Aayog’s Health Index
The report by the government think tank said Tamil Nadu and Telangana have emerged as the second and third best performers, respectively, on health parameters New Delhi: Kerala has again emerged as the top ranking state in terms of overall health performance among...
Covid arbitrage: Trade of the year
The uber rich in other parts of the world, from U.S. to the U.K., also found ways to hide. Jetting off to far-flung New Zealand, seeking out doomsday bunkers, or simply retiring to holiday homes far from the crowds It was a warm spring evening in Taipei and more than...
AYUSH industry established market of $18 mn in world: Sarbananda Sonowal
Union Minister of AYUSH, Sarbananda Sonowal "The food supplements produced by the Ayush department are regularly gaining popularity. Ayush Industry has succeeded in establishing a market of USD18 million in India and the world," Union Minister of AYUSH, Sarbananda...
India reports 6,531 new COVID-19 cases, Omicron tally at 578
"India has so far conducted over 67.29 crore cumulative tests," said the Ministry. As per the release, the weekly positivity rate at 0.63 per cent remains less than 1 per cent for the last 43 days now India has logged 6,531 new COVID-19 cases in the last 24 hours, the...
Infectious diseases present ‘clear and present danger’ everywhere:UN
Noting that infectious diseases remain “a clear and present danger to every country”, . Guterres maintained COVID-19 would not be the last pandemic for humanity It means strengthening primary health care at the local level to prevent collapse… ensuring equitable...
Extreme weather events cost the world billions in 2021, shows study
Worryingly such climate devastation is set to continue without action to cut emissions. Insurer Aon warns that 2021 is expected to be the sixth time global natural catastrophes have crossed the $100 billion insured loss threshold. All six have happened since 2011 and...
Govt’s decision to vaccinate children ‘unscientific’: Senior AIIMS epidemiologist
"But according to whatever knowledge we have about vaccines, they are unable to make a significant dent in the infection. In some countries, people are getting infected even after taking booster shots'' Sanjay K Rai, A senior epidemiologist at AIIMS , president of the...