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8.55 crore rural households have provision of tap water supply at home: Jal Shakti Ministry

by AIP Online Bureau | Nov 29, 2021 | Data, Eco/Invest/Demography, Policy

‘So far, an additional 5.32 crore (27.65 per cent) rural households have been provided with tap water connections New Delhi: Out of the 19.22 crore rural households in the country, 8.55 crore have the provision of tap water supply at their homes, the Jal Shakti...

Indian Govt’s health expenditure share in GDP rises from 1.15 pc to 1.35 pc: NHA report for 2017-18

by AIP Online Bureau | Nov 29, 2021 | Data, Workplace/Employee Benefits

The share of the government’s health expenditure in the total health expenditure has increased to 40.8 per cent (2017-18) from 28.6 per cent (2013-14), the NHA report for 2017-18 said. New Delhi: The share of the government’s health expenditure in the...

RBI supersedes Reliance Capital board, to start bankruptcy proceedings against firm

by AIP Online Bureau | Nov 29, 2021 | Indian News, Life, Non-Life, Regulation

In a statement on its website, the central bank said it has superseded the board, “in view of the defaults by RCL (Reliance Capital Ltd) in meeting the various payment obligations to its creditors and serious governance concerns which the board has not been able to...

Over 12k depositors of B’luru-based coop bank receive deposit insurance cover of Rs 401 cr

by AIP Online Bureau | Nov 29, 2021 | Banking & Bancassurance, Indian News, Policy

DICGC has paid the claims of up to Rs 5 lakh without deducting the Rs 1 lakh already paid by the bank and also up to Rs 5 lakh paid by the bank for treatment of critical illness Last year, the government brought cooperative banks under the purview of the RBI by...

LIC to up stake in Kotak to nearly 10 pc

by AIP Online Bureau | Nov 29, 2021 | Banking & Bancassurance, Indian News, Life, Policy, Regulation

”Kotak Mahindra Bank has received an intimation from Life Insurance Corporation of India (LIC) stating that the Reserve Bank of India had granted its approval to LIC, for increasing its holding in the bank up to 9.99 per cent of the paid-up equity share capital...

‘Omicron’ scare: DDMA decides to conduct RT-PCR test for all passengers from ‘high-risk’ countries

by AIP Online Bureau | Nov 29, 2021 | Eco/Invest/Demography, Indian News, Pandemic, Policy, Workplace/Employee Benefits

‘It was decided to conduct 100 percent RT-PCR testing of passengers from high-risk countries, followed by genome sequencing of the positive cases and mandatory isolation/quarantine as per the guidelines laid down by the Government of India,” an official...

Over 5 lakh cos went out of biz, 7 lakh new cos registered in nearly 6 years: Official data

by AIP Online Bureau | Nov 29, 2021 | Eco/Invest/Demography, Indian News, Policy, Workplace/Employee Benefits

So far this financial year starting from April 1, 2021, a total of 22,557 companies have been deregistered, whereas 1,09,098 new companies have been set up. In the last nearly six years, the maximum number of companies were shuttered in 2017-18 at 2,36,262 and the...

Omicron poses “very high” global risk, world must prepare -WHO

by AIP Online Bureau | Nov 29, 2021 | Eco/Invest/Demography, Health, International News, Pandemic, Workplace/Employee Benefits

“The overall global risk related to the new variant …is assessed as very high.” To date, no deaths linked to Omicron had been reported, though further research was needed to assess Omicron’s potential to escape protection against immunity induced by...

Pandemic hits Profitability of life insurers in Q1 FY2022, New Business to resume growth in H2 FY2022:Icra

by AIP Online Bureau | Nov 29, 2021 | Indian News, Life, Pandemic, Workplace/Employee Benefits

While the profitability for select private players remains at similar levels in FY2021 with PAT of Rs. 59.6 billion (Rs. 55.4 billion in FY2020), the median ROE for select private players had been declining since FY2018 due to losses at certain smaller players, and a...

Diet more effective than drugs for anti-ageing and good metabolic health: Study

by AIP Online Bureau | Nov 29, 2021 | Facts, Health

The pre-clinical study by the University of Sydney’s Charles Perkins Centre suggested the makeup of our diet could be more powerful than drugs in keeping conditions like diabetes, stroke and heart disease at bay “We all know what we eat influences our...
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