Life insurers' new business premium (NBP) reported stellar performance in November after a poor showing in October, on the back of strong growth in group single premiums for both private insurers and Life Insurance Corporation (LIC) of India. In November, 24 life insurers, including LIC, reported NBP to the tune of Rs 27,177 crore, up 42 per cent year-on-year (YoY) from the year-ago period. Private insurers' NBP rose 58.63 per cent YoY to Rs 11,209.75 crore as group single premiums more than doubled during this period.
The recent spate of technical glitches in aircraft has prompted the Directorate General of Civil Aviation (DGCA) to issue an order on July 18, making aircraft maintenance engineers (AMEs) with category B1/B2 licences the final authorities in certifying planes. This has put the spotlight on the availability of such personnel. According to the order, airlines were resorting to frequent one-off authorisation by the Category A certifying staff at transit stations, which is not in line with existing regulatory provisions.
The inaugural Formula E race in Hyderabad is scheduled for February 11 next year, joining the likes of New York, London and Rome on the calendar.
The side, led by Jason Sangha, also includes Will Sutherland, son of Cricket Australia's (CA) chief executive James Sutherland. Sutherland Jr is the vice-captain of the side.
Dutch driver Max Verstappen has extended his contract with Red Bull until the end of 2023, the Formula One team announced in a statement on Tuesday. The Dutchman, who in 2016 became the youngest ever race winner in the sport's history, had been linked to both Ferrari and Mercedes in paddock speculation.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your mutual fund queries.
Sports bodies moved quickly to strip Russia of events,
Chief Minister Arvind Kejriwal tweeted, "I am glad that the vaccine process for 18+ has started smoothly. It's heartening to see that youngsters are coming out in large nos to get vaccinated. Get your elders vaccinated too. Encourage ur friends and relatives also to get vaccinated."
Former Australia fast bowler Max Walker has died after a two-year battle against skin cancer, Cricket Australia said on Wednesday. He was 68.
The second wave of the pandemic has not only crippled medical infrastructure in terms of hospital beds, but has also led to bottlenecks in invasive ventilators and medical oxygen capacities and supplies.
Moris, dressed in a wedding gown designed by British designer and Assange supporter Dame Vivienne Westwood, arrived at the prison with her sons and Assange's father Richard and brother Gabriel.
When Life Insurance Corporation (LIC) of India gets listed on the bourses next month, it will be among the biggest listed life insurers globally in terms of market capitalisation (m-cap), assets, and revenue, but will also be among the least profitable and capitalised among its peer group. A big gap between LIC's m-cap, profits, and networth (shareholder capital) will make it one of the priciest insurers globally, in terms of price-to-earnings (P/E) multiple and price-to-book value (P/B) ratio. LIC also lags behind its Indian listed peers in terms of profit and networth.
Already qualified for the Super 12s, Sri Lanka thrashed Netherlands by eight wickets in their final T20 World Cup first round match with the spin duo of Wanindu Hasaranga and Maheesh Theekshana bamboozling the opposition batters here on Friday.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In the season of aviation action, Rakesh Jhunjhunwala-backed Akasa Air has secured the crucial no-objection certificate (NoC) from the civil aviation ministry. It expects to start operations next summer. The airline will now have to apply for the Directorate General of Civil Aviation for operations permit. Aviation sector has been in the limelight with the Tata Group winning the Air India bid last week.
The sub-group constituted by the Supreme Court to audit Oxygen consumption in hospitals in national capital during the second wave of COVID-19 said that the Delhi government 'exaggerated' the consumption of oxygen and made a claim of 1140 MT, four times higher than the formula for bed capacity requirement of 289 MT.
The navy said the missile hit the target at maximum range with precise accuracy.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The sub-group constituted by the Supreme Court to audit oxygen consumption in hospitals in the national capital during the second wave said the Delhi government "exaggerated" the consumption of oxygen and made a claim of 1,140 MT, four times higher than the formula for bed capacity requirement of 289 MT.
Many other companies have expressed intent of diluting stakes.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
As of March 25, life insurers have paid Rs 1,986 crore towards 25,500 Covid death claims
A vast majority of employees do just the bare minimum that ensures they escape censure or reprimand, such that they are seen to be doing their bit, without coming in the cross-hairs of the HR team for under-performance, observes Sandeep Goyal, managing director, Rediffusion.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Anil Ambani Group's DTH arm Reliance BIG TV is believed to be in discussion with content providers like Max Broadcasting, Warner Home Entertainment Group and CNN to acquire non-film content for its pay per view platform.
These projects are targeted at financially well-off and upwardly mobile Indians.
Simona Halep ended Beatriz Haddad Maia's dream run in Toronto
Denmark midfielder William Kvist will miss the rest of the World Cup after sustaining suspected fractured ribs in his side's 1-0 win over Peru, the Danish FA said on Sunday.
Max Verstappen celebrated his 21st birthday in style on Sunday with the Red Bull driver carving from the back of the Russian Grand Prix grid to first in the space of 19 laps.
'The virus is constantly, constantly making mistakes when it replicates.' 'When the virus has accumulated enough mistakes, then it becomes now a variant and it behaves differently.'
While the process of extracting plasma itself is simple, doctors say that it is the screening of donors, testing and filling up of numerous forms that takes time.
Japan are the only team to maintain a perfect record in the group stage and are now just one win away from securing a first medal in men's soccer since claiming bronze at the 1968 Games.
'Not a single bullet was fired, but we were warning the enemy not to continue with their antics!' IAF Veteran Air Commodore Nitin Sathe finds out how the Light Combat Helicopter, which will be inducted into the IAF on October 3, was designed, developed and flown.
Experts said many firms had unbilled assets on their books.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The bench said the Union Cabinet Secretary will be the convenor of the task force and may nominate an officer not below the rank of Additional Secretary to depute for him, when necessary.
All of India welcomes the Light Combat Helicopter into the Armed Forces arsenal and wishes it a safe tenure and happy shooting. May it rule the skies and ensure that the enemies are given a fitting reply when the need arises.
Images from the World Athletics Championships in Eugene, Oregon, on Wednesday, Day 6.
Salzburg defender Max Woeber said that fitness exercises at home were getting on the players' nerves as the Austrian champions re-started training while observing social distancing guidelines.
