Budget 2020

Irdai ups max cover under Arogya policy to Rs 10 lakh

(This story originally appeared in on Mar 20, 2021) HYDERABAD: To bring more people under the ambit of health insurance, Insurance Regulatory and Development Authority of India (Irdai) has hiked the maximum cover under the standard health insurance plan — Arogya Sanjeevani Policy — from Rs 5 lakh earlier to Rs 10 lakh. The insurance […]

Budget 2020

IRDAI: Existing policy to cover hospital stay for vaccine after-effects

(This story originally appeared in on Mar 19, 2021) HYDERABAD: Worried about taking the Covid vaccine shot because of the fear of adverse reactions? Fret no more, as your existing health insurance policy will also cover the cost of any hospitalisation arising as a result of the jab. This important clarification came from insurance regulator […]

Budget 2020

Draft e-com policy moots safeguards against data misuse

The government plans to lay down principles for usage of data for the development of any industry, where such norms do not already exist, and put in place adequate safeguards to prevent misuse and access of data by unauthorised persons, according to a draft national e-commerce policy. The government is in the process of developing […]

Budget 2020

Gold gains after Fed maintains easy monetary policy stance

Gold prices rose on Thursday, as the dollar weakened after the U.S. Federal Reserve kept the interest rate unchanged and reiterated its stance to keep benchmark rates near-zero through at least 2023. FUNDAMENTALSSpot gold rose 0.5% to $1,752.41 per ounce by 0119 GMT, while U.S. gold futures rose 1.3% to $1,748.80 per ounce. The U.S. […]

Budget 2020

U.S. trade report flags challenges from ‘Make in India’ policy

The campaign epitomises the challenges facing bilateral trade ties, U.S. Congress told The U.S. tried to resolve “long-standing market access impediments affecting U.S. exporters” with India during 2020, says the 2021 President’s Trade Agenda and 2020 Annual Report — an annual report submitted by the U.S. Trade Representative (USTR) to Congress. The report terms India’s […]

Budget 2020

Aditya Birla Insurance launches new health policy

Aditya Birla Insurance has launched a health policy offering up to 100 per cent return of the premium if the customer did not make a claim in earlier years. The offering is a new version of its existing Activ Health policy that provides a comprehensive health protection with extensive wellness benefits, the company said in […]

Sports

PCB’s bio-bubble policy under scanner after Australia’s Fawad Ahmed returns positive COVID test

The Pakistan Cricket Board (PCB) has invited criticism for not maintaining the sanctity of the bio-bubble protocols during the ongoing Pakistan Super League, where Australian player Fawad Ahmed tested positive for COVID-19, leading to the postponement of a match on Monday. Many reports in the Pakistan media blamed PCB for the positive test incident which […]

Budget 2020

Fed’s Powell might be patient but markets aren’t, challenging new Fed policy

By Liz Capo McCormick and Craig Torres After Federal Reserve Chair Jerome Powell spent two days telling U.S. lawmakers the economy is in no state to be thinking about monetary tightening, financial markets suddenly started pricing in a rapid — and perhaps too-hot — recovery. The axis of tension is the new policy framework the […]