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COVID-19 caseload in India climbs to 86,83,916
There are 4,89,294 active cases of coronavirus infection in the country as on date which comprises 5.63 per cent of the total caseload, the data stated. The total recoveries have surged to 80, 66,501 pushing the national recovery rate to 92.89 per cent, while COVID-19 case fatality rate stands at 1.48 per cent.
The 550 new fatalities include 125 from Maharashtra, 85 from Delhi, 49 from West Bengal, 31 from Punjab, 29 from Kerala, 28 from Tamil Nadu, 25 each from Haryana and Chhattisgarh, 23 from Karnataka and 20 from Uttar Pradesh.
Irdai gives final nod for merger of HDFC ERGO Health with HDFC ERGO General Insurance
Under this, share exchange ratio of 100:385 has been okayed by the board of the subsidiary companies which would mean allocation of 385 shares in HDFC ERGO Health for 100 shares in HDFC ERGO
With the merger of HDFC ERGO Health Insurance with HDFC ERGO General Insurance, the number of there stand-alone health insurers will from seven to five..
Earlier,IRDA had asked Reliance General Insurance to take over Reliance Health Insurance as the exclusive health insurers was had fallen short of solvency margin and the financially troubled promoter company Reliance Capital was unable to infuse capital in its health insurance subsidiary.
IRDAI allows e-signature of customers for buying life insurance policies till March 2021
Bank employees to get 15 % salary hike, PLI scheme introduced for banks
The wage negotiation covered 29 banks — 12 public sector banks, 10 private banks, and seven foreign banks — and 500,000 employees in the banking sector.
A joint statement by the four unions representing the workmen said for the first time, there will be uniform basic, dearness allowance, house rent allowance (HRA), special allowance, and transport allowance. The HRA rate will be 10.5 per cent on pay across the country.
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