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Federation of LIC Class-I Officers’ Associations rejects 15 % wage hike offer by the Corporation

MR Kumar, chairman, LIC pointed out that the corporation has done extremely well even in the most trying situations. He said that, he is happy as the LIC had regained some of the lost market share and is leading the Indian insurance market with over 71 per cent market share. The LIC chief said that, the COVID 19 pandemic had thrown up new challenges and businesses have to attune themselves to new technologies.

India’s coronavirus infections rise to 6.31 million

Deaths from coronavirus infections rose by 1,181 to 98,678, the ministry said.Reported active COVID-19 cases in India now stand at 9,40,705. As many as 52,73,201 COVID-19 patients have been cured and discharged so far, the Union Health Ministry has said in its latest update.

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