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Reining in high fiscal deficits key to India keeping investment grade rating – S&P
“We will be watching the balance between the economy and the fiscal settings in India very closely going forward because in our opinion higher growth rates over the next few years are going to be critical to contain, maintain and finance the government’s higher fiscal deficits and debt stock,” Andrew Wood, director Asia-Pacific Sovereign Ratings at S&P Global Ratings, said during a webinar.
ICICI Lombard partners with Flipkart to offer Hospicash insurance to consumers
Compared to the standard indemnity health insurance policies, Hospicash is a benefit offering that allows consumers to avail a fixed amount for each day of hospitalization. The fixed daily amount enables consumers to pay for incidental medical or emergency expenses. The insurance is affordably priced, paperless, and flexible, covering both accidental hospitalizations or planned surgeries/ treatment.
Plan to reduce 50% of road related deaths by 2025, says Gadkari
He said the Ministry has already rectified 2,500 of the identified 6,000 black spots
“We are in the process (to rectify the remaining).already the World Bank and ADB Bank have sanctioned a loan of Rs 14,000 crore and we are making improvements on the roads, particularly in removing the black spots”, he said.
India, UK reiterate commitment to climate action ahead of COP26 summit
Earlier, Union Minister of Environment, Forest and Climate Change, Prakash Javadekar also met Alok Sharma and discussed important issues, for negotiations to be held in Glasgow later this year.
“I showcased him and told about various initiatives taken by India on renewables, disaster-resilient infrastructure, adaptation, electrical buses, on metro expansion, our reduction of emission intensity and increasing tree cover. It was a very fruitful meeting,” said Javadekar.
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