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Here is a masonry blog layout with no sidebarIRDA proposes pay cut for insurance CEOs in case company underperforms financially, mulls tenure limit at15 yrs and age limit at 70 yrs
The variable remuneration should be reduced where there is deterioration in the financial performance of the insurer. The deterioration in the financial performance should generally lead to a contraction in the total amount of variable remuneration, which can even be...
Insurers have to pay claims for treatment of Covid -19 cases with Omicron variant :IRDAI
The insurance companies have put in place effective coordination mechanism with all their network providers (hospitals) for the purpose of making available seamless cashless facility to all policyholders in case of hospitalisation if any and render speedy services to...
Study examines best time to make your investment decisions
"What we found was when individuals evaluated an investment opportunity at a time that conflicted with their body's natural internal clock -- for example, a morning person or lark making a decision late in the day or evening -- they tended to make poor choices," said...
India reports 33,750 new COVID-19 cases in last 24 hrs, Omicron tally rises to 1,700
India reported 33,750 new COVID-19 cases and 123 deaths in the last 24 hours, informed the Ministry of Health and Family Welfare on Monday. According to the ministry, the number of Omicron infections stands at 1,700 and it has spread to 23 states. Maharashtra is the...
India’s December jobless rate hits 4-month high of 7.9%: CMIE
Urban unemployment rate rose to 9.3% in December from 8.2% in the previous month while the rural unemployment rate was up 7.3% from 6.4%, the data showed Many economists worry that the Omicron variant could reverse the economic recovery seen in the previous quarter...
Global Covid-19 caseload tops 290 mn, deaths surge to over 5.44 mn
In its latest update on Monday morning, the University's Center for Systems Science and Engineering (CSSE) revealed that the current global caseload and the death toll stood at 290,065,951 and 5,443,444, respectively, while the total number of vaccine doses...
Billionaires are embracing crypto in case money ‘goes to hell’
These days, the Hungarian-born billionaire is well versed in cryptospeak. Peterffy, worth $25 billion, said it’s prudent to have 2 per cent to 3 per cent of one’s personal wealth in cryptocurrencies, just in case fiat currency goes to “hell.” Even as prices swung...
EU drafts plan to label gas and nuclear investments as “green”
"Taking account of scientific advice and current technological progress as well as varying transition challenges across member states, the Commission considers there is a role for natural gas and nuclear as a means to facilitate the transition towards a predominantly...
Omicron-related disruptions cause over 3,600 flight cancellations to start off 2022
The Christmas and New Year holidays are typically a peak time for air travel, but the rapid spread of the highly transmissible Omicron variant has led to a sharp increase in COVID-19 infections, forcing airlines to cancel flights as pilots and crew quarantine More...
Omicron tally in India rises to 1,525; maximum cases in Maharashtra
Maharashtra recorded a maximum of 460 cases, followed by Delhi at 351, Gujarat 136, Tamil Nadu 117 and Kerala 109 New Delhi: A total of 1,525 cases of Omicron variant of coronavirus have been detected across 23 states and Union Territories so far, out of which 560...
UK government seeks to mitigate workforce disruption from Omicron
New restrictions in England to slow the spread of COVID-19 will only be introduced as a last resort, health minister Sajid Javid said, stressing that although hospitalisations were rising, the number of patients in intensive care was stable The rapid spread of the...
Maruti, Hyundai report decline in sales for Dec; TaMo, M&M see growth
Maruti Suzki India senior executive director (Marketing and Sales) Shashank Srivastava said the company is optimistic about business in 2022 with pending orders alone stretching to over 2.3 lakh units "Going forward, semiconductor supplies will remain the key source...
WhatsApp, Google and Facebook ban Indian bad accounts in November 2021
"In accordance with the IT Rules 2021, we've published our sixth monthly report for the month of November. This user-safety report contains details of the user complaints received and the corresponding action taken by WhatsApp, as well as WhatsApp's own preventive...
Five things to look for in Asia stocks amid 2022 reversal hopes
I After a two-year frenzy, retail investor participation and new account openings in places like South Korea and India are showing signs of fatigue. That could reduce volatility and crowded trades in markets in 2022, allowing for more participation by...
8 vaccines, 4 treatments in India’s Covid-19 arsenal
ZyCoV-D: The DNA vaccine produced by Ahmedabad-based Zydus Cadila is a three-dose vaccine. Instead of using regular syringes, the vaccine will be administered by a needle-free applicator. The DNA-based vaccinations operate by transferring a genetically modified...
Insurer can’t repudiate claim by citing existing medical condition: SC
“Once the policy has been issued after assessing the medical condition of the insured, the insurer cannot repudiate the claim by citing an existing medical condition, which was disclosed by the insured in the proposal form and which condition has led to a particular...
Set up makeshift hospitals, constitute teams to monitor patients in home isolation: Centre to states as COVID-19 cases rise
"A mechanism wherein citizens can call and get ambulance and a bed in a transparent manner needs to be operationalised. The call centres, district or state-level dashboards/portals can play an important role in organising the same," New Delhi: To tackle a possible...
HDFC Life completes acquisition of Exide Life; merger to take place shortly
Vibha Padalkar, MD & CEO, HDFC Life HDFC Life completed the acquisition of 100% stake in Exide Life from Exide Industries through issuance of 8,70,22,222 shares at an issue price of Rs. 685 per share and a cash payout of Rs. 726 crore,aggregating to Rs. 6,687...