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Devansh Sharma

devansh.sharma@tv9.com

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  • Bihar CM announces solatium for kids orphaned due to Covid-19
    Covid Update

    Bihar CM announces solatium for kids orphaned due to Covid-19

    The aid will be provided under the state government's 'Baal Sahaayta Yojana', meant for needy children

  • IRDAI asks insurers for speedy claims settlement in areas hit by cyclones Tauktae, Yaas
    Insurance

    IRDAI asks insurers for speedy claims settlement in areas hit by cyclones Tauktae, Yaas

    IRDAI has asked life insurance companies to initiate immediate action to ensure that all reported claims are registered and eligible claims are settled promptly

  • Will be able to manufacture, supply 10 crore Covishield doses in June: Serum Institute to Centre
    Covid Update

    Will be able to manufacture, supply 10 crore Covishield doses in June: Serum Institute to Centre

    In early May, SII had communicated to the Centre that production of Covishield would be ramped up to 6.5 crore in June, seven crore in July and 10 crore each in August and September

  • Banks have room to lend Rs 45,000 crore more under ECLGC scheme: IBA CEO
    Banking

    Banks have room to lend Rs 45,000 crore more under ECLGC scheme: IBA CEO

    Finance Ministry on Sunday enhanced the scope of ECLGS, including providing concessional loans to hospitals/nursing homes for setting up on-site oxygen generation plants

  • Banks begin process of restructuring of loans up to Rs 25 crore
    Banking

    Banks begin process of restructuring of loans up to Rs 25 crore

    RBI had announced Resolution Framework 2.0 under which individuals and small businesses having exposure up to Rs 25 crore can opt for loan restructuring

  • Bajaj Allianz Life settles claims worth Rs 700 crore in FY21
    Insurance

    Bajaj Allianz Life settles claims worth Rs 700 crore in FY21

    Of the total claims settled during 2020-21, nearly five per cent were on account on coronavirus-related deaths

  • Covid-19: Labour ministry announces additional benefits under EPFO, ESIC schemes
    Covid Update

    Covid-19: Labour ministry announces additional benefits under EPFO, ESIC schemes

    Under the EPFO’s Employees’ Deposit Linked Insurance (EDLI) scheme, all surviving dependent family members of the members of this scheme are eligible to avail benefits of EDLI in case of death in harness of the member

  • MPC decision, macroeco data, Covid-19 trends to dictate market trends this week: Analysts
    Equities

    MPC decision, macroeco data, Covid-19 trends to dictate market trends this week: Analysts

    Movement of the rupee, Brent crude and foreign institutional investors investment trend would also be looked at by market investors for further direction

  • RBI likely to retain benchmark interest rate on June 4, feel experts
    Banking

    RBI likely to retain benchmark interest rate on June 4, feel experts

    If the RBI maintains status quo in the key rate, it would be the sixth time in a row that the central bank kept the policy rate unchanged

  • Finance Ministry widens scope of ECLGS, banks to offer concessional loans for setting up oxygen plant
    Banking

    Finance Ministry widens scope of ECLGS, banks to offer concessional loans for setting up oxygen plant

    Under the ECLGS 4.0, 100% guarantee cover will be given to loans up to Rs 2 crore to hospitals, nursing homes, clinics, medical colleges for setting up on-site oxygen generation plants

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