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IRDAI extends CKYCR to legal entities

As the Central KYC Registry (CKYCR) is now fully operational for individual customers, it has been decided to extend the CKYCR to Legal Entities (LEs), regulator IRDAI said in a circular to life and general insurers (including standalone health insurers).

Indian startups attract $10.14 billion in funding in 2020: Report

In terms of sectors, e-commerce attracted the highest investment with $3 billion, followed by fintech at $2.37 billion and edtech at $1.52 billion.

The report said Bengaluru, Delhi NCR and Mumbai accounted for 90 per cent of the startup investments in the country, signalling concentration of angel investors and appetite in these regions.

Bengaluru led with $4.3 billion in startup investments, followed by Delhi NCR ($3 billion) and Mumbai ($2 billion).Globally, startups raised over $308 billion in funding, with the US garnering $165 billion.

Fresh Covid-19 rules: Swimming pools for all, more can watch films in halls

According to these new guidelines, to be effective for February 1, there shall be no restriction on inter-state and intra-state movement of people and goods including those for cross land-border trade under treaties with neighbouring countries.
Social, religious, sports, entertainment, educational, cultural, religious gatherings have already been permitted up to a maximum of 50 per cent of the hall capacity, with a ceiling of 200 people in closed spaces; and keeping of the size of the ground or space in view, in open spaces.

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