Indian News

COVID-19: India records 54,366 new infections, 690 deaths

Eco/Invest/Demography, Health, Non-Life, Pandemic       Oct 23, 2020

  New Delhi: COVID-19 recoveries in India have crossed 69 lakh, while the number of coronavirus infections reported in a span of 24 hours remained below 60,000 for the fifth consecutive day as the country''s caseload rose to 77,61,312, according to Union Health Ministry data updated...

NGT slams Centre over inadequate measures to prevent wastage of groundwater

New Delhi: The National Green Tribunal has rapped the Centre over inadequate measures to prevent wastage and misuse of groundwater saying there has to be specific time bound action plans and monitoring. A bench headed by NGT Chairperson Justice Adarsh Kumar Goel said the response...

Contract of insurance is of utmost good faith, says Supreme Court

Eco/Invest/Demography, Health, Life, Non-Life       Oct 23, 2020

New Delhi: A contract of insurance is of utmost good faith and a proposer who seeks to obtain life insurance policy is duty bound to disclose all material facts bearing upon the issue, the Supreme Court has said. The top court said this while setting...

Centre notifies amendment to motor vehicle rules for ownership details in registration papers

Eco/Invest/Demography, Non-Life       Oct 23, 2020

  NEW DELHI: The government on Friday said it has notified amendments to the motor vehicle rules for clearly incorporating ownership details in registration documents, a move that will help physically challenged persons. The step was taken after it was brought to the notice of the...

India seeks health worker database for possible COVID-19 vaccination

Eco/Invest/Demography, Health, Non-Life, Pandemic       Oct 23, 2020

  MUMBAI/BHUBANESWAR: India is urgently preparing a database of all government and private health personnel to quickly vaccinate them against the novel coronavirus once it is safe to do so, health authorities said on Friday.Prime Minister Narendra Modi has promised to provide any successful vaccine to...

Bhargav Dasgupta,MD and CEO,,ICICI Lombard General Insurance

 ICICI Lombard General Insurance net profit rises by 35% to Rs 415.74 crore in Q2 FY 2020-21

Non-Life       Oct 23, 2020

  Mumbai: With a higher investment income and haelthy combined ratio, ICICI Lombard General Insurance,the largest private sector  general insurer, seen its net profit rising by 35 per cent year-on-year to Rs 415.74 crore in Q2 FY 2020-21 The non-life insurer saw improved combined ratio and...

Maharashtra invites Tesla after Musk hints entry into India

  Mumbai: India’s richest state Maharashtra has invited U.S. electric-car maker Tesla Inc, weeks after its Chief Executive Officer Elon Musk suggested entering the country next year. In a tweet here on Thursday, state tourism and environment minister Aaditya Thackeray said he and industries minister Subhash...

Kotak Life forays into health insurance;launches Kotak Health Shield

Health, Life       Oct 22, 2020

  Mumbai: Kotak Mahindra Life Insurance Company Limited (Kotak Life) today announced its foray into health insurance with a new product launch - Kotak Health Shield. This product offers a fixed benefit, comprehensive health insurance plan, covering most critical illnesses such as Cancer, Cardiac, Liver and...

India's Dr Reddy's isolates data center services after cyberattack

BENGALURU:  Indian drugmaker Dr Reddy's Laboratories Ltd REDY.NS said on Thursday it had isolated all its data center services as a preventive measure following a cyberattack.Shares of the company, which has a partnership to run clinical trials of Russia’s Sputnik-V COVID-19 vaccine in India, fell...