Indian News

India's COVID-19 tally zooms past six lakh cases,5 days after crossing 5-lakh mark

  New Delhi: India''s COVID-19 tally zoomed past six lakh cases on Thursday with a single-day increase of 19,148 cases, just five days after it crossed the five-lakh mark, while the death toll rose to 17,834, according to the Union health ministry data.    The COVID-19 case...

 Cybersecurity top priority for Indian CIOs post Covid-19 pandemic:Adobe

New Delhi: As hacking threats increase from nation-state bad actors from China and North Korea, a staggering 89 per cent of CIOs in India say that cybersecurity remains to top investment area for them, a new Adobe survey revealed on Thursday.   The CIOs from India...

Second fatal NLC India boiler blast in 2 months kills at least six

Non-Life, Risk Management       Jul 01, 2020

  CHENNAI: A boiler blast on Wednesday at lignite miner and electricity generator NLC India’s plant in the southern Tamil Nadu state killed at least six people, a company official and local police said, the second deadly boiler explosion in two months.   “Six people died on...

G. Srinivasan, director, National Insurance Academy

G Srinivasan panel to study suitability of Surety Bond issuance by Indian insurers

  Hydearbad: Prodded by the the Ministry of Road Transport and Highways((MORTH) the segment regulator IRDAI, on Wednesday, has formed a panel under G. Srinivasan, director, National Insurance Academy, to assess the suitability of the Indian insurance industry or any other sector to offer Surety Bonds...

SBI General Insurance unveils new brand identity

Non-Life       Jul 01, 2020

  Mumbai:: Before getting listed, SBI General Insurance (SBIG) today announced the launch of its new corporate brand identity with redesigned logo and the tagline ‘Suraksha aur Bharosa dono’.   Digitization has been always at core at SBIG, hence, at this stage the company has amalgamated focus...

India deploys helicopter,12 drones to stop fast-spreading locusts

Eco/Invest/Demography, Non-Life       Jul 01, 2020

NEW DELHI: India on Tuesday deployed a helicopter and a dozen drones spraying insecticide to stop desert locusts that have spread to nine heartland states of the world’s second-biggest producer of rice and wheat.   The move came after swarms invaded Gurugram, a satellite city of...

Atul Sahay, CMD, New India Assurance  

New India Assurance turns profitable in Q4 FY 2019-20,records a net profit of Rs 113 crore

Eco/Invest/Demography, Non-Life       Jun 30, 2020

,   Mumbai: With significant improvements in all of its vital parameters,the listed New  India Assurance(NIA)  has recorded a net profit of Rs113 crore in the March quarter as against  a loss of Rs 268 crore in the year-ago period.   The company which finalised its results...

IRDA likely to implement new Indian Accounting Standard in the insurance sector soon

Eco/Invest/Demography, Life, Non-Life, Pension       Jun 30, 2020

  Hyderabad: The insurance regulator IRDA has indicated that Implementation of the new accounting system - the Indian Accounting Standard (abbreviated as Ind-AS)- in the domestic  insurance sector is likely happened in mid 2020. In its recent board meeting the IRDA discussed, the status of implementation...

Covid-19 Pandemic:Tally rises to 5,66,840, general and health insurers receive 28,000 claims for Rs 445 crore

  New Delhi: With India's COVID-19 tally climbed to 5,66,840 on Tuesday, the general insurers have received 28,000 claims for Rs 445 crore, on account of treatment of virus infected policyholders, till Monday.   Along with the rapid rise of Covid-19 cases in the last fortnight, the...

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