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Postal Dept to distribute BAlI’s term and annuity Products
India Post Payments Bank (IPPB), Department of Posts and Bajaj Allianz Life Insurance Company (BALIC) announced a strategic partnership for offering term and annuity products to customers through the bnk’s extensive network of 650 branches and over 136,000 banking...
Liberty Gen ties-up with Phone Pe to sell motor insurance
Liberty General Insurance has has partnered with PhonePe to offer motor insurances digitally. Through PhonePe, a digital paymets app, Liberty General Insurance’s motor insurance policy aims to provide easy accessibility to the motor insurance cover, especially to the...
Global Indians focus on sustainability for investing in India:HSBC report
Sustainability plays a major role in investors' decision making, with more than three quarters (76 per cent) of global Indians saying environmental and social initiatives such as renewable energy and skills development are a key part of their decision making when...
climate talks lends India time to transition
The Global Climate Risk Index 2021, a ranking from research group Germanwatch, put India among the top 10 countries most affected by climate change. The South Asian nation is experiencing rising heat and sea levels, as well as erratic rainfall and stronger cyclones....
IRDA rejects 2nd broking license of India Infoline Group
The IRDAI has rejected 5Paisa Insurance Brokers(owned by India Infoline Group(IIG) ), application for an insurance broking license, as IIFL Insurance Brokers,another company owned IIG, has already got a license and one group under the existing regulations can’t be...
State of play of India’s healthcare sector exposed by COVID-19
More than 60% of all healthcare spending in India is out of pocket, much higher than Brazil's about 27% and about 11% for the United States New Delhi: The COVID-19 pandemic has forced India to urgently try and revitalise its health infrastructure, especially after a...
Shriram General Insurance plans aggressive rural push
''We are targetting a gross written premium of Rs 550 crore or 16 per cent of the total premium income from rural markets by FY25. Rural sales were only Rs 90 crore in FY21 and is likely to touch Rs 175 crore this fiscal,'' Anil Aggarwal, managing director and chief...
India could bar transactions in crypto, permit holding as assets
India's Prime Minister Narendra Modi last week chaired a meeting to discuss the future of cryptocurrencies amid concerns that unregulated crypto markets could become avenues for money laundering and terror financing, sources had said on Saturday. MUMBAI: India is...
India’s first portable wireless spirometer for early diagnosis of COPD, Asthma launched
Currently, COPD( Chronic Obstructive Pulmonary Disorder ) remains the second most common cause of death in India after heart diseases, where India alone bears 32 per cent of the global COPD burden," reads the company statement. On World COPD Day, India's first...
Swiss Re remains positive on global insurance premiums and profitability,expects higher inflation
Jerome Haegeli, group chief economist, Swiss Re Market conditions suggest that positive pricing momentum will continue across all lines and regions. Inflation-driven higher claims development in all lines of business, continued social inflation in the US and...
AXA XL Partners with Cambridge Centre for Risk Studies to Launch Online Disaster Recovery Hub
The Report highlights that the global annual average loss from natural disasters has risen from $27 billion during 1970-80 to nearly $200 billion during 2010-2019, driven mostly by global economic development and the rising value of assets in hazardous areas,...
Fauci says boosters for all key to U.S. reaching COVID-19 endemic level
Dr. Anthony Fauci "To me, if you want to get to endemic, you have got to get the level of infection so low that it does not have an impact on society, on your life, on your economy,People will still get infected. People might still get hospitalized, but the level...
WHO and partners unite for Day of Action for Cervical Cancer Elimination
Last year, just 13 per cent of girls aged nine to 14 globally were inoculated against HPV, while some 80 countries – representing around two-thirds of the global cervical cancer burden – have yet to introduce vaccination. UN: With more than 300,000 women dying from...
Dengue cases spike in Delhi: 20-25 patients being admitted daily at LNJP Hospital
As many as nine people have died this year due to the vector-borne disease, stated the report by Anti Malaria Operations (HQ), South Delhi Municipal Corporation (SDMC). Delhi has recorded the highest number of dengue cases this year as compared to the previous years...
India temporarily shuts five coal-fired power plants around New Delhi
Delhi, among the world's most polluted capital cities, battles chronic winter smog every year as a drop in temperatures trap deadly pollutants from coal-fired plants outside the city, fumes from vehicles, and open burning of garbage. New Delhi: India has temporarily...
Family of non-resident Keralites who died abroad due to COVID-19 eligible for Rs 50k ex-gratia? HC asks state govt
Kochi: Family of non-resident Keralites who died abroad due to COVID-19 eligible for Rs 50k ex-gratia? HC asks state govtThe Kerala High Court on Wednesday sought the state government's stand on a plea seeking a declaration that family members of non-resident...
Pfizer, BioNTech and Moderna making $1,000 profit every second, poorest countries remain largely unvaccinated
These companies have sold the majority of doses to rich countries, leaving low-income countries out in the cold. Pfizer and BioNTech have delivered less than one percent of their total vaccine supplies to low-income countries, while Moderna has delivered just 0.2...
Delta dominates the world, but scientists watch for worrisome offspring
People infected with Delta carry around 1,200 times more virus in their noses compared with the original version of the coronavirus. The amount of virus in vaccinated individuals who become infected with Delta is on par with those who are unvaccinated, and both can...