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Here is a masonry blog layout with no sidebarGlobal airline carriers scrap more than 2,000 flights – FlightAware
FlightAware said there had been 448 cancellations within, into, or out of the United States so far on Friday Global airline carriers have canceled more than 2,000 flights so far on Friday, the FlightAware website said, in an indication of how COVID-19 is affecting...
Covid-19: Pressure mounts on India to begin boosters as Omicron spreads
India's drug regulator has so far been reluctant to authorize third doses or childhood vaccinations until local trial data has been produced. Government officials have been reiterating targets to fully inoculating the country’s adult population first India’s...
Of 183 Omicron cases analysed so far, 91% were fully vaccinated: Govt
India has so far reported 358 cases of the Omicron variant, of which 183 were analysed and 121 of them were found to have foreign travel history The government said the COVID-19 case positivity rate in Kerala and Mizoram is much higher than national average and a...
India’s monetary policy financially inclusive by design: RBI DG Patra
Financial inclusion appears to have gone up, with the level of the RBI's financial inclusion index rising from 49.9 in March 2019 to 53.1 in March 2020 and further to 53.9 in March 2021, Patra said at an event organized at the Indian Institute of Management (IIM),...
RBI extends card tokenisation deadline by 6 months till Jun-end
Under tokenisation services, a unique alternate code is generated to facilitate transactions through cards The RBI in September prohibited merchants from storing customer card details on their servers with effect from January 1, 2022, and mandated the adoption of CoF...
Third Covid-19 wave triggered by Omicorn in India to peak in February: IIT-K researchers
The research report used the data of the first and second waves in India, and the current rise in cases triggered by Omicron in various countries, to predict a possible third wave in the country Chennai: Researchers at IIT Kanpur (IIT-K) have predicted that a third...
Govt mandates telcos to keep call data, internet usage record for 2 years
"The licensee shall maintain all commercial records/call detail record/exchange detail record/IP detail record with record to the communications exchanged on the network. Such records shall be archived for at least two years for scrutiny by the licensor for security...
PNB MetLife to Plant 40,000 Trees
As part of its commitment to reduce carbon emission and Glow Green,’, PNB MetLife, one of India's leading private life insurance companies, has launched Glow Green, an initiative that aims to plant and nurture 40,000 trees in the next three years in eco-sensitive...
Hero Insurance Broking launches digitalised Employee Benefits offering for corporates
Hero Insurance Broking today announced the launch of its Employee Benefits Line of Business. It will provide customised insurance solutions to secure health and life of employees, at medium and large-sized corporates. Shefali Munjal, Executive Director, Hero...
LIC withholds dividend payment to govt in last 2 yrs, conserves Rs 6,300 cr capital
Sources at LIC said that the corporation has already accumulated Rs 6,300 crore of capital by not paying any dividend to the government in recent years and planning raise more though, at present it is not known how it will do it Mumbai: In a bid to conserve capital,...
BJD MP urges GST Council to reduce tax on health insurance from 18% to 5% for sr citizens
“In order to provide relief to our senior citizens, it is necessary to reduce the existing GST rates on health insurance policies from 18 per cent to five per cent or exempt senior citizens from any GST on purchase of health insurance,” Patnaik said in the letter...
Sanlam looks for strategic partnership with Allianz in Africa
Allianz makes less than 500 million euros [US$564.1 million] in revenues from its African operations in 2020, but is looking to expand on the continent JOHANNESBURG – African insurer Sanlam Ltd. said on Wednesday it was exploring “strategic alternatives” with...
AstraZeneca vaccine booster works against Omicron, Oxford lab study finds
Scientists and governments are scrambling to bolster defences against Omicron with shots and therapies, as the variant threatens to become dominant globally and has prompted renewed curbs ahead of the holidays to contain infections. A three-dose course of...
IPO fundraising reaches all-time high of Rs 1.18 trillion in 2021
The year witnessed tremendous response from retail investors as well. The average number of applications from retail was 14.36 lakh, in comparison to 12.77 lakh in 2020 and 4.05 lakh in 2019. The highest number of applications from retail in 2021 was received by...
Phishing victim can’t claim $5 mln loss for money it never ‘held’
The scammers used the log-in credentials to divert about $10 million in payments. However, RealPage quickly detected the swindle and notified Stripe, which was able to stop payment or recover nearly $4 million RealPage reimbursed its client property managers for the...
COVID-19: Civil Aviation Ministry issues guidelines for domestic, international passengers visiting Delhi
All domestic passengers have been advised to download the Arogya Setu app as per the guidelines New Delhi: Union Ministry of Civil Aviation (MoCA) has issued fresh guidelines for domestic and international passengers travelling to Delhi in view of the rising cases of...
Omicron variant may double risk of getting infected on planes, says IATA
As before, passengers should avoid face-to-face contact and surfaces that are frequently touched, and people sitting near to each other should try not to be unmasked at the same time during meals,said David Powell, physician and medical adviser to the International...
Marsh raises stake in its India JV to 92% from 49%
Though the financial details have not ben disclosed Marsh has informed that as part of the transaction, which has been approved by the IRDAI, it has acquired the share from local partners, including the entire shareholding of the Rampart Trust Earlier, other global...