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Planting of summer crops ramps up in India as monsoon revives
Except North India, most parts of the country have received above-normal rainfall so far this month, and that has accelerated planting India has received 13% more rainfall than normal since the start of monsoon season on June 1, but some rice-growing states such as...
“Yet to decide on mandatory disclosure of commissions on the policy documents” says IRDAI
``It has come to the notice of the Authority that concerns are being expressed in some quarters regarding mandatory disclosure of commissions on the policy documents. The concerns emanate from certain recommendations made by Working Groups constituted by the Insurance...
World Bank approves $100m to support Nepal’s green, resilient, and inclusive development
This shift will help the country continue to make progress on expanding and protecting prosperity while reducing poverty in the face of compounding challenges that affect Nepal's development, including COVID, disaster, climate and environmental risks," said Steve...
IndiGo: Vadodara-bound flight diverted to Jaipur after vibrations in engine
The spokesperson added, "There was a caution message indicated to the pilot en route. As a precaution, the pilot diverted the aircraft to Jaipur for further checks. The passengers were accommodated on an alternate aircraft for their onward journey." An IndiGo flight...
Uber sued by more than 500 women over assault claims
"While the company has acknowledged this crisis of sexual assault in recent years, its actual response has been slow and inadequate, with horrific consequences," said Adam Slater, a partner at Slater Slater Schulman "There is nothing more important than safety, which...
Don’t sell Ayurveda drugs without valid prescription: Govt to e-commerce platforms
E-commerce platforms have been advised that the sale or facilitating the sale of such drugs shall be done only after a valid prescription of a registered Ayurveda, Siddha or Unani practitioner respectively is uploaded by the user on the platform. Consuming such drugs...
IRDAI extends `Use & File’ procedure to Agriculture and allied activities covers
Insurance Regulatory and Development Authority of India (IRDAI) in its continued endeavor to protect the interests of all segments of policyholders and improve the ease of doing business has now extended the ‘Use and File’ procedure to products covering Agriculture...
Godavari turns ferocious, record flood expected in next 3 days
`As per the information available right now, the flood flow may touch 20 lakh cusecs by Friday evening and go further up the next day. We have been asked to prepare for a flood of up to 28 lakh cusecs,'' a district Collector told PTI over phone Amaravati: Andhra...
Proportion of unmarried youth rising, finds govt survey
India's population, which reached 1,211 million in 2011 and is projected to reach 1,363 million in 2021 makes India one of the youngest countries in the world, with 27.3 per cent of its population aged 15-29 years, i.e., youth, Ministry of Health & Family...
India’s first case of monkeypox reported from Kerala
Union Ministry of Health & Family Welfare has rushed a high-level multi-disciplinary team to Kerala to collaborate with the State Health Authorities in instituting public health measures in view of the confirmed case of Monkey Pox in Kollam district of Kerala...
LIC improves its embedded value to Rs.5,41,492 crore as of March 22, VNB margin rises to 15.1 per cent
MR Kumar, chairman,LIC LIC's VNB (Value of New Business ) margin, for the year ended Fy 2021-22 is 15.1 per cent as compared to VNB margin of 9.9 per cent for Fy 2020-21 The corporation's VNB for year ended March 31, 2022 has been calculated to be Rs 7,619 Crore...
Allianz targets multinational insurance with new set-up and dedicated investments
Allianz's international corporate insurance carrier, Allianz Global Corporate & Specialty (AGCS), is strengthening its capabilities, including a new market-facing team as well as dedicated investments in data and technology, and will expand its customer services...
With 9% growth, India will be the 6th largest insurance market globally in 10 yrs: Swiss Re report
``We forecast that premiums will grow by an average 9% per annum (in real terms) over the next decade, stronger than the 7.5% annual average of 2015–2021. At this rate, India will be the 6th largest insurance market in the world by 2032, ahead of Germany, Canada,...
Science offers basis for national climate damage claims: Study
The United States and China, as the world’s two leading emitters, caused global income losses of over $1.8 trillion each from 1990-2014, while Russia, India, and Brazil caused losses individually exceeding $500 billion each for the same years Warmer temperatures can...
More women work in health and care but they earn 24 per cent less than men: UN report
The health and care sector has endured low pay in general, stubbornly large gender pay gaps, and very demanding working conditions. The COVID-19 pandemic clearly exposed this situation while also demonstrating how vital the sector and its workers are in keeping...
Nasal spray lowers Covid viral load by 94 percent in 24 hours: Lancet study
NONS was launched in India under the brand name FabiSpray in February after it received manufacturing and marketing approval from the Drugs Controller General of India (DCGI) as part of the accelerated approval process. Nitric Oxide blocks entry into the nasal passage...
Govt announces free Covid booster doses for 18-59 age group for 75 days from July 15
In a tweet, Union Health Minister Mansukh Mandaviya said, "As part of Azadi Ka Amrit Mahotsav celebrations, free COVID-19 precaution dose will be administered to all the citizens above the age of 18 years at government vaccination centres from July 15 for the next 75...
Axis MF scandal set to hit $465-bn asset management industry
Mutual funds, which fall somewhere between high-risk stock trading and low-return bank deposits, have offered an attractive proposition to both young and risk-averse older investors in India. The industry has grown nearly five-fold in the last decade, with over 37...