Indian News

Supratim Bandyopadhyay,Chairman,PFRDA

NPS assets exceed Rs 5 trillion, decisions on higher fees and guaranteed products soon

  New Delhi: Even as the National Pension System(NPS ) is getting ready to add more pension fund managers by offering higher fees,the total assets under management in the segment  and Atal Pension Yojana(APY) have crossed Rs 5 lakh crore. Besides, PFRDA hopes to hit a...

Life insures have to mandatorily launch standard term life product from Jan 21:IRDAI

Eco/Invest/Demography, Life, Regulation       Oct 15, 2020

  Hyderabad: The segment regulator IRDAI has now made it mandatory for all the domestic life insurers to sell a standard individual term life product as outlined by the regulator from 1st January, 2021.  There will  be no maturity benefit under the policy, said the IRDAI.....

India's peak holiday season set to send COVID-19 cases surging

BENGALURU/KOLKATA: Already on track to overtake the United States with the world’s most novel coronavirus infections, India is bracing for a surge of cases in coming weeks as it heads into its main holiday season with an economy freed of virus restrictions. The recent experience...

Indu Bhushan, CEO, National Health Authority

Digital health ID can get Indian economy moving again, NHA chief 

Eco/Invest/Demography, Health, Non-Life       Oct 15, 2020

  New Delhi: A $23-million program offering a digital health ID to every citizen could bolster India’s economic growth amid the coronavirus pandemic, according to the head of the country’s health authority. The National Digital Health Mission, which aims to create a repository of doctors and...

Showcase importance of Covid-appropriate behaviour: Vardhan to AIIMS

Eco/Invest/Demography, Health, Pandemic       Oct 15, 2020

  New Delhi: Union Health Minister Harsh Vardhan asked the heads of all AIIMS and central government hospitals on Wednesday to be the frontrunners in showcasing the importance of COVID-appropriate behaviour, which will act as a "social vaccine" to curb the spread of the disease in...

Focusing on protecting people, health of population remain a priority for India: IMF

Eco/Invest/Demography, Health, Pandemic       Oct 15, 2020

Washington: India's priorities should be to protect the most vulnerable people, well targeted support and protecting small and medium sized enterprises so that they do not collapse as the country battles the COVID-19 pandemic, Managing Director of the International Monetary Fund Kristalina Georgieva has said....

Heavy overnight rain in Mumbai; waterlogging in some areas

Eco/Invest/Demography, Non-Life       Oct 15, 2020

  Mumbai: Mumbai experienced heavy rains overnight along with thunderstorm and lightning, causing water-logging in some low-lying areas, officials said on Thursday. Roads in some low-lying areas like Hindmata, King's Circle and Kalachowki were inundated after heavy rainfall during the night. However, the rain intensity reduced...

COVID-19: 67,735 new cases take India's virus tally to 73,07,097

Eco/Invest/Demography, Health       Oct 15, 2020

New Delhi: India's COVID-19 tally of cases climbed to 73.07 lakh with 67,735 new cases in a day, while 63,83,441 people have recuperated so far pushing the national recovery rate to 87.35 per cent on Thursday, according to the Union Health Ministry data. The total...

Heavy rains kill 12 people in India, damage crops

Eco/Invest/Demography, Non-Life, Risk Management       Oct 14, 2020

MUMBAI: Heavy rains have killed at least 12 people in southern India and caused widespread flooding in the city Hyderabad, home to major IT companies and startups, government officials said on Wednesday. A wall collapsed killing nine people in Hyderabad, the capital of the southern...