Sunday, September 27, 2020

Banking

The uncertainties created by the COVID-19 pandemic and the initiatives taken by the Insurance Regulatory and Development Authority of India (IRDAI) are prompting more and more people to obtain insurance cover and provide financial backup to their families in these uncertain times.

from Banking/Finance-Industry-Economic Times https://ift.tt/3j9qah1

Saturday, September 26, 2020

About 50% term policy buyers opt cover of Rs 1 crore or more during April-August: Policybazaar

The uncertainties created by the COVID-19 pandemic and the initiatives taken by the Insurance Regulatory and Development Authority of India (IRDAI) are prompting more and more people to obtain insurance cover and provide financial backup to their families in these uncertain times.

from Banking/Finance-Industry-Economic Times https://ift.tt/3j9qah1
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8 top firms lose Rs 1.57 lakh cr in market cap

Eight of the top 10 valued firms witnessed a combined erosion of Rs 1,57,277.53 crore in market valuation last week, with Reliance Industries Limited emerging as the biggest laggard.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3j8jzDB

Govt looks to implement all 4 labour codes in one go by December: Gangwar

Parliament in its just concluded session passed three labour code bills: the Industrial Relations Code, the Social Security Code, and the Occupational Safety, Health and Working Conditions Code.

from Economy-News-Economic Times https://ift.tt/2S0Pc62
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'Govt looks to implement labour codes by December'

Parliament in its just concluded session passed three labour code bills: the Industrial Relations Code, the Social Security Code, and the Occupational Safety, Health and Working Conditions Code.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/30dSw2j

View: Perpetually under-construction India must rethink building spree

Vast sums are being spent on expensive western-type infrastructure, without any visible improvement in people’s lives. The Rs 600 billion Golden Quadrilateral connects the four largest Indian cities with high-speed 6-lane highways. Rail expansion is also underway. Manufacturing hubs and industrial zones continue to be established in ecologically sensitive areas in Himachal and the Northeast.

from Economy-News-Economic Times https://ift.tt/2GhTyDd
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View: Farm laws to bring more freedom, and better prices

Surveys show 42% of farmers want to move out of it. Between 1970-71 and 2015-16, the number of farms more than doubled from 71 million to 145 million while the average farm size more than halved from 2.28 hectares to 1.08. The main solution lies in moving people out of agriculture into manufacturing and services. Other measures are only palliatives.

from Economy-News-Economic Times https://ift.tt/2RZTL0H
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Economic disruption to deter Reserve Bank from quantifying FY21 growth forecast, say experts

The existing legislations mandate the RBI to come out with a growth and inflation forecast twice in an interval of six-months in the monetary policy report.

from Economy-News-Economic Times https://ift.tt/2G23XTW
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Gold slips as investors look to dollar for safety

Gold fell on Friday, hovering near last session's over two-month low, as investors sought shelter in the dollar from rising coronavirus cases and uncertainties over the next US stimulus to aid the economy.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2GcTuVi