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Amid record highs, BSE-listed cos’ m-cap zooms to whopping Rs 229 trn

by AIP Online Bureau | Jun 7, 2021 | Eco/Invest/Demography, Indian News

  Mumbai; The market capitalisation of all BSE-listed companies reached a fresh lifetime high of over Rs 229 lakh crore on Monday following bullish investor sentiment. The 30-share BSE Sensex closed 228.46 points or 0.44 per cent higher at 52,328.51 — its...

Centre issues SOPs to administer 2nd dose of Covishield before 84 days for certain categories

by AIP Online Bureau | Jun 7, 2021 | Eco/Invest/Demography, Health, Indian News

New Delhi: Those intending to undertake international travel for education purposes, joining employment and as part of the Indian contingent to the Tokyo Olympics will be allowed to take the second dose of Covid vaccine Covishield prior to the prescribed time interval...

Centre mulling to allow domestic air travel without Covid-negative report post vaccination

by AIP Online Bureau | Jun 7, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi The Centre is considering a mechanism to allow air passengers who have got both doses of the COVID-19 vaccine to travel within the country without a negative test report, senior government officials said on Monday. Central ministries, including the...

Cyclone ‘Yaas’: Over 76,000 people submit applications for Bengal govt’s aid

by AIP Online Bureau | Jun 7, 2021 | Disaster & Management, Eco/Invest/Demography, Indian News

  Kolkata: Over 76,000 people from several cyclone-hit areas in West Bengal have submitted their applications, seeking the state government's aid under the Duare-Tran (relief at doorstep) scheme, an official said on Monday. At least 322 camps or outreach...

17 dead in fire at Pune chemical firm, rescuers search for missing staff

by AIP Online Bureau | Jun 7, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Workplace/Employee Benefits

  Pune: At least 17 workers, mostly women, were killed after a major fire broke out at a chemical firm in an industrial area in Pune district on Monday afternoon, fire department officials said. According to the officials, the fire broke out at SVS Aqua...

Centre to provide free COVID vaccines to states for all above 18; Service charge for pvt hospitals capped at Rs 150/dose: PM

by AIP Online Bureau | Jun 7, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

New Delhi: The central government will provide free coronavirus vaccines to states for inoculation of all above the age of 18 from June 21, Prime Minister Narendra Modi announced on Monday and asserted that vaccine supply would be increased significantly in the...

ICICI Pru Life announces highest-ever bonus of Rs 867 cr to policyholders

by AIP Online Bureau | Jun 7, 2021 | Indian News, Life

  Mumbai, June 7: Despite witnessing a fall in profit, ICICI Prudential Life Insurance on Monday declared its highest-ever annual bonus of Rs 867 crore for the policyholders for FY21. ICICI Prudential Life Insurance has announced an annual bonus of Rs 867 crore...

Labour codes : Companies’ PF liability to go up, workers’ take-home pay to shrink

by AIP Online Bureau | Jun 7, 2021 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Workplace/Employee Benefits

  New Delhi: The four labour codes are likely to see the light of day in a couple of months as the Centre is now keen to go ahead with the implementation of these laws, which among others will result in reduction in take-home pay of employees and higher provident...

China authorises CoronaVac Covid-19 vaccine for children above 3 yrs

by AIP Online Bureau | Jun 7, 2021 | Eco/Invest/Demography, Facts

Beijing: China has authorised the emergency use of CoronaVac, a Covid-19 vaccine manufactured by Chinese firm Sinovac, for children aged between 3 and 17 years, Sinovac Chairman Yin Weidong said. "But when the vaccine will be put into (emergency) use and starting...

Global insurance industry faces IFRS 17 costs estimated at $15 to $20 bn:Willis Towers Watson

by AIP Online Bureau | Jun 7, 2021 | International News, Life, Non-Life, Regulation, Reinsurance, Risk Management

  London: The total cost faced by the global insurance industry to implement IFRS 17 is estimated to be US$15-20bn, according to a new worldwide survey by Willis Towers Watson. Kamran Foroughi, Global IFRS 17 Advisory Leader at Willis Towers Watson, said:...
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