Indian
Fourth COVID wave: Infection spreading faster, high-grade fever, affecting younger population more
‘The younger population goes out for work, uses public transportation and hence, there are more chances of coming into contact with others. Many people are still not wearing masks or maintaining social distancing, which has contributed to the rise in cases,” said Suranjit Chatterjee, a senior consultant at Apollo Hospitals here.
Businesses in India’s richest state choke under new COVID-19 curbs
“One month (of lockdown) is equivalent to about $5 billion of revenue for retailers from just Maharashtra,” Kumar Rajagopalan, CEO of the Retailers Association of India, told Reuters. “We are talking about 1.2 million stores and 5 million jobs.”
Rajagopalan said store shutdowns will hit sectors such as manufacturing, distribution and banking and have a snowball effect on the economy.
Indian general insurance industry misses Rs 2 trillion premium mark, New India shines in Fy 2020-21
The Health portfolio, propelled by Covid 19 Pandemic might have grown by almost 40 per cent but it has not been able to make up the shrinking of overall motor business, that has fallen by 5 per cent, for the industry in 2020-21.
“It was a hugely challenging year. I am happy that we could pull it off like this. As at the end of October 2020, though the business of general insurance industry on an average was down by some 10-12 per cent, we managed to just keep our head over water by showing some business growth in decimal points but then we went into a tizzy and in subsequent five months we managed to grow our business each month by 15 to 22% each month,’’ said Atul Sahai, CMD, NIA.
Partial lockdown measures could impact movement of labour, goods: CII
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