Tag: January

  • Non-life insurers direct premium rises by 6.7 per cent in January

    Image Source : PTI Non-life insurers direct premium rises by 6.7 per cent in January
    Non-life insurance coverage firms registered a 6.7 per cent enhance of their gross direct premium assortment in January at Rs 18,488.06 crore, based on the Irdai knowledge. All non-life insurance coverage firms had underwritten direct premium of Rs 17,333.70 crore in the identical month final yr.

    Among these, 25 basic insurance coverage firms witnessed 10.8 per cent enhance of their collective premium within the first month of 2021 at Rs 16,247.24 crore as towards Rs 14,663.40 crore in January 2020, based on Insurance Regulatory and Development Authority of India (Irdai) knowledge.

    Five pure-play or standalone non-public sector well being insurers, nevertheless, posted a marginal decline of 1.34 per cent of their premium underwriting at Rs 1,510.20 crore in the course of the month as in comparison with Rs 1,530.70 crore a yr in the past.

    Notably, there have been seven standalone non-public sector well being insurers, nevertheless, with the takeover of Reliance Health Insurance portfolio by Reliance General Insurance and the merger of HDFC Ergo Health Insurance with HDFC Ergo General Insurance (wef November 2020), the rely decreased to 5.

    On a cumulative foundation, gross premium written by all of the non-life insurers throughout April-January interval of FY21 grew by 2.76 per cent to Rs 1,63,670.13 crore as towards Rs 1,59,275.33 crore in year-ago interval.

    For basic insurers, the cumulative premium until January 2021 rose by 1.91 per cent to Rs 1,40,999.04 crore; stand-alone well being insurers witnessed 8.04 per cent enhance at Rs 12,108.73 crore. The premium of two specialised PSU insurers grew by 8.77 per cent to Rs 10,562.36 crore in January. 
    Latest Business News

  • Haryana govt extends suspension of cell web in 17 districts until January 31

    Image Source : FILE/PTI Haryana govt extends suspension of cell web in 17 districts until January 31
    The Haryana authorities on Saturday prolonged the suspension of cell web companies in 17 districts until 5 pm of January 31 “to prevent any disturbance of peace and public order” amid a protest by farmers in opposition to three farm legal guidelines that witnessed violence earlier this week.
    According to an official assertion issued right here on Saturday, the federal government has prolonged the suspension of cell web companies in Ambala, Yamunanagar, Kurukshetra, Karnal, Kaithal, Panipat, Hisar, Jind, Rohtak, Bhiwani, Charkhi Dadri, Fatehabad, Rewari, Sirsa, Sonipat, Jhajjar and Palwal district until 5 pm on January 31.
    “This order is issued to stop any disturbance of peace and public order within the jurisdiction of those districts of Haryana and shall be in drive with instant impact. Any one that might be discovered responsible of violation of aforesaid order might be responsible for authorized motion underneath related provisions,” it stated.
    The opposition Congress hit out on the authorities’s determination to droop cell web companies.
    In an announcement, Congress General Secretary Randeep Singh Surjewala claimed the web ban was ordered “with the intention to crush the farmers’ agitation” and demanded its instant resumption.
    He stated the choice will have an effect on professionals working from dwelling as a result of coronavirus pandemic, college students, merchants and shopkeepers and trigger inconvenience to the widespread folks.

    “The BJP-JJP government has been so engrossed in its evil designs to crush and discredit the farmers’ agitation that it seems to be least bothered about the grave inconvenience being caused to the common people,” he stated.
    “This government should not be under any illusion to treat the peacefully agitating farmers as a vulnerable lot and the persecution of farmers shall not be tolerated under any circumstances and the entire opposition and the people of the country are in rock solid support with the farmers,” he stated.
    The authorities had ordered on Tuesday suspension of cell web companies in Sonipat, Jhajjar and Palwal districts after a violent farmers’ protest rocked Delhi. On Friday, it prolonged the suspension to 14 different districts.
    There are a complete of twenty-two districts within the state.
    Thousands of protesting farmers had clashed with the police through the tractor rally in Delhi referred to as by farmer unions on January 26 to spotlight their demand for the repeal of the Centre’s three farm legal guidelines.
    Many of the protesters, driving tractors, reached the Red Fort and entered the monument. Some protesters even hoisted non secular flags on its domes and the flagstaff on the ramparts, the place the nationwide flag is unfurled by the prime minister on Independence Day.
    Latest India News

  • US Capitol police chief requires everlasting fencing

    Image Source : AP US Capitol police chief requires everlasting fencing
    Chief of the US Capitol Police Chief (USCP) has known as for everlasting fencing across the Capitol constructing in Washington D.C., in addition to again up safety to forestall a repetition of the January 6 riots, the media reported.

    “In light of recent events, I can unequivocally say that vast improvements to the physical security infrastructure must be made to include permanent fencing, and the availability of ready, back-up forces in close proximity to the Capitol,” USCP Acting Chief Yogananda Pittman mentioned in a press release issued on Thursday.

    “Even earlier than September 11, 2001, safety specialists argued that extra wanted to be achieved to guard the US Capitol. In truth, a 2006 safety evaluation particularly advisable the set up of a everlasting perimeter fence across the Capitol.

    “I look forward to working Congress on identifying the security improvements necessary to ensure the safety and security of Congress and the Capitol,” he added.

    On a constructive be aware, Pittman mentioned within the assertion that “with the assistance of our federal and local law enforcement partners and our Congressional stakeholders, the USCP has hardened the physical security across the Capitol complex in order to further protect Congress”.

    A day after the violent riots staged by supporters of former President Donald Trump, a seven-foot safety fence was erected.

    Pittman’s assertion got here simply hours after Washington, D.C. Mayor Muriel Bowser mentioned earlier on Thursday that she didn’t need the fencing to develop into a “long-term fixture”.

    “We don’t want extra troops or fences to be a long-term fixture,” Bowser mentioned.
    Latest World News

  • Sasikala to stroll free on January 27

    Image Source : FILE/PTI Sasikala to stroll free on January 27
    Expelled AIADMK chief V Ok Sasikala will probably be a free individual on Wednesday after finishing her four-year jail time period in a corruption case. However, Sasikala, who has examined optimistic for COVID-19, will proceed to be handled for the an infection.
    According to jail authorities, the previous aide of late Tamil Nadu Chief Minister J Jayalalithaa, will probably be formally launched tomorrow.
    “..all the formalities pertaining to her release will be completed tomorrow at the hospital itself,” a jail official instructed PTI.
    Sasikala had contracted the virus on January 20 and was admitted to the Bowring hospital initially earlier than being shifted to the devoted COVID-19 centre on the Victoria hospital. It isn’t clear when she can be discharged from the hospital.
    Independent legislator Dhinakaran, Sasikala’s nephew and founding father of Amma Makkal Munnetra Kazhagam (AMMK) had on Monday stated a call on the discharge of her aunt from the hospital can be taken after consulting the medical doctors.

    Sasikala was sentenced to 4 years imprisonment in February 2017 within the Rs 66 crore disproportionate property case aloing together with her sister-in-law J Ilavarasi and and Jayalalithaa’s foster son V N Sudhakaran.
    According to a hospital bulletin, Sasikala is now doing effectively.
    “She is asymptomatic, conscious alert and well oriented. She is being continuously monitored,” the hospital stated within the bulletin.
    Authorities on the Victoria hospital stated as per COVID-19 protocol she might need to spend 10 days on the facility. But, if her household needs to shift her to a non-public hospital they’re allowed to, he added.
    On the opposite hand, Ilavarasi, who too had contracted coronavirus is asymptomatic. She will probably be free within the first week of February.
    Latest India News

  • Mumbai Metro’s first ‘Driverless’ prepare to reach on January 27

    Image Source : FILE/PTI Mumbai Metro’s first ‘Driverless’ prepare to reach on January 27
    Mumbai Metro will get its first of its indigenously-manufactured driverless trains from Bharat Earth Movers Ltd. Bengaluru, Urban Development Minister Eknath Shinde mentioned right here on Wednesday.
    The first of those computerized Metro trains will attain the Charkop Metro Carshed in Mumbai on January 27 and after operational assessments, shall be deployed on the 2 new Metro routes scheduled to start out from May this yr, he mentioned.
    “This will be a driverless Metro train, running automatically. But, in order not to panic or make passengers feel unsafe, for around six months initially, they will be operated by a motorman. The trains will have a max speed limit of 80kmph,” mentioned Shinde.
    The new driverless trains shall be run on Metro 2A Dahisar to DN Nagar and Metro 7 Dahisar to Andheri East, a full seven years after the nation’s business capital obtained its first 11-km lengthy Metro on the Versova-Andheri-Ghatkopar sector.
    Shinde mentioned that below the steering of Chief Minister Uddhav Thackeray, the development of those Metro strains and stations are accelerated, and being executed by Mumbai Metropolitan Region Development Authority (MMRDA) is within the last levels.
    The BEML will manufacture round 390 coaches, comprising 65 rakes of 6 coaches every for the proposed 340-km lengthy Mumbai Metro community, at price of Rs 3,015 crore – that are round 20 % extra economical than these manufactured internationally.

    Each coach will seat 52 passengers and the capability of every prepare is round 2,280 passengers, and whereas 6 rakes shall be delivered in subsequent six months, the remainder shall comply with over the approaching three years.
    During his go to to the Bengaluru web site, Shinde together with MMRDA’s Director of Systems Rajiv Agarwal met BEML CMD Dr D.Ok. Hota and different high officers.
    Shinde additionally reviewed the newest world-class expertise and measures taken for passenger security and safety in addition to the facilities provided in every prepare.
    The trains have state-of-the-art expertise like VVVF, Train Control and Management System for velocity management and security, optical fibre in every coach for Internet, and the coaches are designed to preserve vitality and change to different non-conventional vitality in case of an influence outage.
    All trains are air-conditioned with computerized doorways, passenger announcement and knowledge system, anti-skid ground to forestall slipping, fire-fighting, CCTVs in prepare and on platforms, an emergency assist button, and many others.
    In September 2019, Prime Minister Narendra Modi had inaugurated the primary coach of the Mumbai Metro below the ‘Make In India’ initiative.
    Latest India News

  • Mumbai-Delhi Rajdhani to chop quick journey time from January 9

    Image Source : FILE PHOTO/PTI Mumbai-Delhi Rajdhani to chop quick journey time from January 9
    In excellent news for these travelling between Delhi and Mumbai by rail, the Indian Railways has decreased, by over half an hour, the time of journey within the Rajdhani Superfast particular whereas including an extra stoppage from January 9, officers stated on Thursday.
    Railway Minister Piyush Goyal, in a tweet, stated: “From January 9, passengers travelling by Rajdhani Superfast special between Mumbai and Delhi will reach their destination faster than before, with revised timings and an additional halt at Gwalior in Madhya Pradesh. This will reduce travel time and enhance passenger convenience.”

    According to a Railway Ministry official, the Hazrat Nizamuddin-Chatrapati Shivaji Maharaj Terminus (CSMT) will now attain Mumbai 35 minutes earlier.
    The official stated that the Rajdhani Superfast will depart from Hazrat Nizamuddin at 4.55 p.m. and attain the CSMT at 11.15 a.m. The Rajdhani earlier used to take 35 minutes extra to cowl the identical distance, and it reached its vacation spot at 11.50 a.m.
    On the rerturn journey, the practice will depart from CSMT in Mumbai at 4 p.m. and arrive Nizamuddin station in Delhi at 9.55 a.m., which is 55 minutes sooner than earlier. Earlier, on return journey, the practice arrived in Delhi at 11 a.m.
    Latest India News

  • ‘Hard miles’: Pandemic haunts new 12 months as virus development outpaces vaccines

    Despite rising vaccine entry, January is wanting grim across the globe because the coronavirus resurges and reshapes itself from Britain to Japan to California, filling hospitals and threatening livelihoods anew as governments lock down companies and race to search out options.England headed again into lockdown. Mexico City’s hospitals maintain extra virus sufferers than ever. Germany reported one in all its highest each day dying tolls so far Tuesday. South Africa and Brazil are struggling to search out area for the useless. Even pandemic success story Thailand is preventing an surprising wave of infections.And as docs face or brace for rising numbers of Covid-19 sufferers after end-of-year vacation gatherings, increasingly more nations are reporting circumstances of a brand new, extra contagious variant that has already swept throughout Britain.January goes to be “a tough one,” stated Dr. Margaret Harris, a spokeswoman for the World Health Organization. “This idea that seems to be ‘Ah, we’re all sick of it. We want to look at something else. Oh, this doesn’t apply to me’ … that’s got to go away. It really is all hands on deck.”While Britain rolled out a second vaccine this week and a few US states are beginning to give the second spherical of photographs, entry to inoculations globally is sharply unequal. The provide isn’t remotely near assembly the epic demand wanted to conquer a foe that has already killed over 1.85 million folks.“We are in a race to prevent infections, bring cases down, protect health systems and save lives while rolling out two highly effective and safe vaccines to high-risk populations,” stated WHO Director-General Tedros Adhanom Ghebreyesus. “This is not easy. These are the hard miles.”England is dealing with a 3rd nationwide lockdown that can final no less than six weeks, as authorities wrestle to stem a surge in Covid-19 infections and relieve hospitals, the place some sufferers are left ready in ambulances in a car parking zone for entry to overcrowded wards.Prime Minister Boris Johnson’s robust new stay-at-home order for England took impact at midnight. It will shut faculties, eating places and all nonessential shops and received’t be reviewed till no less than mid-February. Scottish chief Nicola Sturgeon imposed a lockdown that started Tuesday.The two leaders stated the restrictions are wanted to guard the National Health Service amid the emergence of the brand new variant that has despatched each day infections, hospitalizations and deaths hovering.The NHS “is going through probably the toughest time in living memory,″ said Siva Anandaciva, chief analyst of the King’s Fund think tank.Elsewhere in Europe, Italy and Germany extended their Christmastime lockdowns, Spain is restricting travel, and Denmark lowered the number of people who can gather in public from 10 to five. France is likely to announce tougher measures Thursday, and Ukraine is closing schools and restaurants starting Friday.In Latin America, some warn the worst is yet to come.“The boost we are experiencing here in Brazil is much more serious than what was happening months ago,” stated Domingos Alves, an adjunct professor on the University of Sao Paulo.Brazil’s variety of sufferers in intensive care reached its highest stage since August, simply because the nation reopened retailers and places of work after the end-of-year holidays — and the huge nation nonetheless hasn’t authorized or obtained any vaccines. Some Brazilian hospitals reinstalled refrigerated containers outdoors to carry the corpses of Covid-19 victims.Mexico’s capital has extra virus sufferers than at any level within the pandemic and is flying in docs from much less hard-hit states. Its seashore resorts are readying for extra circumstances after 1000’s of US and European vacationers visited over the vacations.“Probably in the third week of January, we are going to see the system stressed more, that there will be more ambulatory cases and cases requiring hospitalization,” stated Dr. Mauricio Rodriguez of Mexico’s National Autonomous University. He blamed the rise on fatigue with social distancing, blended messages from public figures and Mexicans reducing their guard throughout the holidays.Zimbabwe reintroduced a curfew, banned public gatherings and indefinitely suspended the opening of faculties. In South Africa, which is seeing yet one more fast-spreading variant of the virus and is the continent’s hardest-hit nation, authorities re-imposed a curfew, banned liquor gross sales and closed most seashores.South Africa’s undertakers are struggling to deal with the rise in deaths, National Funeral Practitioners Association of SA President Muzi Hlengwa advised state broadcaster SABC.“It is something that you have never seen before. … We have run out of coffins, we have run out of space at the mortuary,” he stated. “We normally have cremations during the day, but now we have cremations even at night.”The pandemic is even reaching nations that appeared to have the virus below management.Thailand is dealing with a surge that has contaminated 1000’s up to now few weeks, blamed on complacency and poor planning. The authorities is locking down massive components of the nation, together with the capital, Bangkok, and contemplating harder measures.Japan is on the brink of declare a state of emergency this week, beefing up border controls and dashing up vaccine approval after a surge of circumstances round New Year’s Eve.And vacation worries aren’t over now that 2021 has arrived.Pope Francis deserted an annual ritual of baptizing infants within the Sistine Chapel tied to Wednesday’s Epiphany vacation. Orthodox Christian nations like Russia and Greece may face extra infections after they rejoice Christmas on Thursday. And China is closing faculties early forward of subsequent month’s Lunar New Year vacation, telling migrant staff to not go dwelling and vacationers to keep away from Beijing.Vaccinations are getting off to a gradual begin in lots of locations. In the U.S., the place over 350,000 folks have died, some states are struggling to safe sufficient photographs and set up vaccinations. The Netherlands has come below heavy criticism for being the final European Union nation to start out inoculations, which it’ll do Wednesday. Australia isn’t planning to take action till March. And most poorer nations are even additional behind.Opposition politician Geert Wilders known as the Dutch authorities “the village idiot of Europe.”Yet India gives a glimmer of hope. Its an infection charge is down considerably from a September peak, and the nation is kicking off one of many largest inoculation applications on the planet, aiming at vaccinating 300 million folks by August.

  • TV, washer and fridge might be costly from January

    These days if you’re pondering of shopping for TV, fridge, washer or different dwelling home equipment then you can purchase them quickly, as a result of the costs of LED TV, fridge, washer and another dwelling home equipment from the brand new 12 months 10 Can improve as much as per cent. The fundamental purpose for that is the rise in costs of copper, aluminum and metal, whereas the opposite purpose is that sea and air freight has additionally elevated, because of which their costs are going to extend.

    Manufacturers have mentioned that the costs of TV panels could improve by as much as 200 per cent because of decreased provide from world distributors. Apart from this, plastic has additionally change into costly. In such a scenario, since January, Panasonic India, LG and Thomson have determined to extend the worth of their merchandise, whereas the Sony firm continues to be taking inventory of the scenario. After this, Sony may additionally improve costs.

    According to the report, in January, the costs of Panasonic merchandise can improve by six to seven %. Apart from this, all merchandise of LG Electronics, together with TVs, washing machines and fridges, can change into costly by seven to eight % from January 1.