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Here is a masonry blog layout with no sidebarIndia logs 2,86,384 new COVID-19 cases in last 24 hours
Under the ongoing nationwide COVID-19 vaccination drive, over 163.84 crore vaccine doses have been administered so far New Delhi: India logged 2,86,384 new COVID-19 cases and 573 deaths in the last 24 hours, stated the Ministry of Health and Family Welfare on...
Equity indices open in red, Sensex down by 1020 points
Indian shares slid about 1.5% on Thursday, in line with weakness in broader Asia, as the U.S. Federal Reserve's signal to steadily tighten policy soured global investor sentiment The fall in Dalal Street wiped off nearly Rs 4 trillion worth of investor wealth in early...
Generali takes controlling stakes in Indian insurance JVs,Future Group to to exit insurance business
Generali will raise its stake to around 74 per cent in Future Generali India Insurance Company and 68 per cent in Future Generali India Life Insurance Company Generali to acquire from Future Enterprises Limited 25 per cent of the shares of Future Generali India...
Fed likely to hike rates in March as Powell vows sustained inflation fight
U.S. central bank chief Jerome Powell "The committee is of a mind to raise the federal funds rate at the March meeting assuming that the conditions are appropriate for doing so," Powell said in a news conference, pinning down a policy statement from the central bank's...
AllianzGI sets up unit to invest in ESG compliant companies
AllianzGI, which manages around 647 billion euros ($730.27 billion) in assets, will look to invest in private companies helping solve environmental or social issues in a measurable way, it said in a statement. Asset manager Allianz Global Investors, part of German...
Nepal’s population witnesses lowest growth in 80 years: reports
''Nepal’s population has reached 29,192,480. The main reason behind the slowest growth in population appears to be outward migration of Nepalis for jobs and studies,'' Hem Raj Regmi, the deputy director-general of the bureau, was quoted as saying in the report...
Mumbai: FIR against Google CEO, others in copyright `violation’ case
Film director and producer Suneel Darshan had approached the court seeking registration of a case against Google and its top officials over alleged copyright infringement, he said, without giving more information about the nature of the copyright violation. Mumbai: A...
Madras HC orders probe on enmasse withdrawal of accident claims cases
''In view of the seriousness of the allegations made in the present case to the effect that a total of Rs 11.70 crore was claimed in 84 cases filed based on fabricated/false medical/hospital records and a complaint was also made by the hospital to the Hosur police in...
Government likely to hand over Air India to Tata group on Thursday
Meanwhile, two airline pilot unions - Indian Pilots' Guild (IPG) and Indian Commercial Pilots' Association (ICPA) - on Monday warned Air India's CMD Vikram Dev Dutt of legal action as "multiple deductions and recoveries have been projected" on the dues owed to pilots...
‘Each dose of Covishield, Covaxin may cost Rs 275 after regular market nod’
As of now, Covaxin is priced at Rs 1,200 per dose while Covishield costs Rs 780 in private facilities. The prices include Rs 150 service charge. Both the vaccines are only authorised for emergency use in the country New Delhi: The price of Covishield and Covaxin, the...
India ranks 85 in corruption perception index, concern over country’s democratic status: Transparency International report
India's rank improved by one place to 85 in 2021 from 86th in 2020, according to the index. Except Bhutan, all of India's neighbours are ranked below it. Pakistan dropped 16 spots in the index and was ranked at 140 India's rank improved one place to 85 among 180...
U.S. Labor Dept withdrawing COVID vaccine rule for large employers
President Joe Biden unveiled in September several regulations aimed at increasing the U.S. adult vaccination rate, which currently stands at about 74%, according to government data, among the lowest for developed nations. The rules sparked legal challenges by...
Budget 2022: Insurers urge higher 80 C investment limit; cut in GST on health products
"The industry has long pending expectations from the policy makers for incentivizing people to get life insurance by giving a separate deduction limit of minimum Rs 1 lakh for insurance premium payment under Section 80C," Tarun Rustagi Chief Financial Officer Canara...
Global Cat economic losses hit $343 billion in 2021, up from $297 billion in 2020:Aon
Only 38 percent of natural peril losses were covered by insurance, an improvement from last year CHICAGO: Aon plc’s 2021 Weather, Climate and Catastrophe Insight report reveals a total of $343 billion in economic losses in 2021, $329 billion of which resulted from...
Cyber hostilities between India & Pakistan,China & Japan and Israel & Iran could escalate dangerously: CyberCube Report
Report identifies four industries that CyberCube believes will be targeted by cyber criminals – especially ransomware actors – in 2022. These are: healthcare, education, manufacturing and utilities. CyberCube also expects to see ransomware threat actors targeting...
LIC posts profit after tax of Rs 1,437 cr during Apr-Sept
Investments of policyholders have grown Rs 5.9 lakh crore to Rs 37.72 lakh crore in the first half of FY22. Investments of shareholders grew Rs 56.17 crore to Rs 6,311 crore Mumbai: IPO-bound Life Insurance Corporation of India (LIC) on Tuesday reported a profit after...
Taxation of ULIP proceeds to create ‘level-playing field’ with MFs: I-T dept
The Central Board of Direct Taxes (CBDT), that frames policy for the income tax department, had on January 18 notified the rules stating the method of calculation of capital gains with regard to ULIPs with annual premium of more than Rs 2.5 lakh and subsequently...
HDFC Life launches ESG fund
The objective of this fund, which will be part of HDFC Life Click 2 Wealth, is long-term capital appreciation through investment in such select companies across market capitalisation Mumbai: HDFC Life, the has launched its sustainable equity fund, currently available...