Indian News

"Nivar cyclone extensively damaged crops in over 6.59 lakh Hectares"

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

Amaravati: The Nivar cyclone last week caused extensive damage to crops in over 6.59 lakh hectares in different districts of Andhra Pradesh, state Agriculture Minister K Kanna Babu said on Monday. Initiating a short discussion on agriculture in the Legislative Assembly on the first day...

Bharti AXA Life posts 10% growth in renewal premium to Rs 594 crore in H1 FY2020-21

Eco/Invest/Demography, Health       Nov 30, 2020

  MUMBAI/NEW DELHI: Bharti AXA Life Insurance, today said the company registered 10 per cent growth in its renewal premium to Rs 594 core in the first half of the financial year 2020-21 from Rs 541 crore in the corresponding fiscal period a year ago. The...

India''s COVID-19 tally rises to 94.31 lakh with 38,772 fresh cases

Eco/Invest/Demography, Health, Non-Life, Pandemic       Nov 30, 2020

  New Delhi: India in a span of 24 hours dropped below 40,000 for the seventh time this month, taking the infection tally to 94.31 lakh, while the recoveries surged to 88,47,600, according to the Union Health Ministry''s data updated on Monday. The total coronavirus cases...

Union Health Minister Harsh Vardhan

Centre to vaccinate around 300 mn by July-August: Harsh Vardhan

Eco/Invest/Demography, Health, Non-Life, Pandemic       Nov 29, 2020

  New Delhi: Union Health Minister Harsh Vardhan on Monday said that the Central government a plan to provide coronavirus vaccines to around 25-30 crore people by July-August next year. "In the first 3-4 months of next year, there is a possibility that we will be...

Finmin asks PSU general insurers to cut flab; rationalise branches, other expenses: Sources

Non-Life, Policy       Nov 29, 2020

  New Delhi:  The finance ministry has asked public sector general insurance firms, especially National Insurance, Oriental Insurance and United India Insurance, to rationalise branches and cut down avoidable expenses to improve their financial health, sources said. Earlier this year, the Union Cabinet decided to halt...

DCGI and institutional ethics committee investigating claim of adverse event in COVID vaccine trial: Officials

Eco/Invest/Demography, Health, Non-Life, Pandemic       Nov 29, 2020

  New Delhi: The Drugs Controller General of India and the institutional ethics committee at the implementation site are investigating if the adverse event as claimed to have been suffered by a COVID-19 vaccine trial participant in Chennai are related to the shot administered to him....

FPIs net buyers for 2nd consecutive month in Nov, invest record sum of Rs 60,358 cr in equities

Eco/Invest/Demography, Wealth Management       Nov 29, 2020

  New Delhi: Foreign portfolio investors (FPI) remained net buyers for the second consecutive month in November by pumping in a whopping Rs 62,951 crore in Indian markets. For equities segment, this is the highest quantum of money invested ever since the FPI data has been...

Govt''s ethanol push prompts sugar mills to raise production

Mumbai: The Centre''s push for ethanol seems to have encouraged the sugar factories to increase cane crushing, as 149 mills in Maharashtra have produced 109 lakh quintal sugar within a fortnight of the beginning of the crushing season this year, an official said. The Centre...

Apr-Sep FDI inflow climbs 15% to Rs 2.2 trillion; Mauritius was top source

Eco/Invest/Demography, Life, Non-Life       Nov 29, 2020

  New Delhi: With India being an attractive destination for foreign funds despite the pandemic, FDI inflow rose 15 per cent during the April-September period to $30 billion (Rs 2.2 trillion). During the same period last fiscal, total FDI inflow stood at $26 billion. According to...

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