Cover Financial News

02.08 / 17:13

COST Provident CEO star cover Insurance plan for diabetics: A costly, bitter pill to swallow

₹5-10 lakh. Even regular daily treatments are very expensive. Prashanth Manikananda (49) from Thalakkad, Kerala, has been suffering from type 1 diabetes—a chronic condition in which the pancreas produces little or no insulin—for many years now.

02.08 / 16:13

COST UPS Lowe's Waters country cover Food as fuel isn’t a plan that can take us very far

₹15 per litre as a potential price of petrol, a fraction of what refills cost in India. At a poll rally, he said the government wanted farmers to not only be “anna daata" (food givers), but also “urjadaata" (energy providers) as cultivators of crops from which ethanol can be squeezed for biofuels to run vehicles. If an average of “60% ethanol and 40% electricity" was taken, he reportedly said, then petrol would sell for ₹15 per litre, to everyone’s benefit.

02.08 / 13:49

UPS Provident Platform awards cover Centre Centre launches Vivad se Vishwas 2.0 scheme to settle contractual disputes

New Delhi: To provide a much-needed impetus to the resolution of contractual disputes involving the government and government undertakings, the Department of Expenditure, Ministry of Finance, launched the “Vivad se Vishwas 2" scheme on Wednesday. The move is aimed at promoting ease of doing business and will cover disputes up to 30 September 2022. Finance minister Nirmala Sitharaman had announced in the budget that in order to settle contractual disputes involving the government and government undertakings, where an arbitral award is under legal challenge, a voluntary settlement scheme with standardized terms will be introduced.

02.08 / 11:45

PINK country cover outbreak What explains the ‘pink eye’ outbreak in India?

Mint explains the outbreak. An alarming increase in conjunctivitis has emerged as a major global health concern, affecting a significant number of people across continents. This contagious eye condition involves the inflammation of the conjunctiva, a thin membrane that covers the white part of the eye and the inner eyelids, leading to uncomfortable symptoms like redness, itching, and excessive tearing.

02.08 / 11:45

COST IPO band cover Shri Techtex IPO Allotment finalised: GMP, how to check allotment status

https://linkintime.co.in/MIPO/Ipoallotment.html Visit the above link which will take you to Shri Techtex IPO's registrar's website i.e Link Intime India Private Ltd. Choose the IPO in the dropbox that will only have its name set in if the allocation is completed. Pick one of all three options to check the status: Application No, Demat Account, or PAN.

02.08 / 11:41

COST UPS Provident cover Health Insurance: Riders add heft to your health plans

Add-on insurance covers make overall health protection plans more comprehensive and help protect the policyholder and his family from financial hardship in case of a medical emergency. Important health insurance riders include those for critical illness, hospital cash accidental injury and maternity coverage .

02.08 / 10:49

COST UPS Citizens cover exclusive Why independent cancer health insurance plan is a must? Amjad Khan of Anand Rathi Insurance Brokers explains

Amjad Khan, Executive Director — Employee Benefit Practice & Workplace Wellness, Anand Rathi Insurance Brokers, says “even if you buy a new cancer policy, there is a waiting period of three years. It depends from company to company. Some companies give you for two years but in case you are diagnosed with cancer before the three years waiting period, that claim would not be admissible.

02.08 / 10:27

Provident FIVE Waters show country cover Unemployment Unemployment Rate Unemployment rate falls to 7.95% in July due to rise in agricultural labour demand

unemployment rate fell last month mainly due to increased demand for agricultural labour in rural areas with the onset of the monsoon season. According to a report published by Bloomberg citing Centre for Monitoring Indian Economy(CMIE) data for the month of July, the total joblessness rate fell to 7.95% in July, from 8.45% in June The seasonal monsoon rains have covered the entire country and it is critical as the monsoon rains water nearly half of the country's agricultural land have raised the expectations of higher production in farm products and also helping in economic growth.

02.08 / 07:09

UPS Provident Platform Racing Entertainment cover GST Council meet today: Here is what to expect

indirect tax body, the Goods and Services Tax (GST) Council, will on Wednesday finalize the fine print of the indirect tax regime covering online gaming, casinos and horse racing and put in place ways to check any tax evasion. Mint takes a look at what to expect and why online gaming platforms are up in arms. The GST Council, led by union finance minister Nirmala Sitharaman, will meet virtually to discuss and approve the amendments to Central GST (CGST) Act and the respective state GST (SGST) laws to give effect to the decision taken at its meeting last month regarding taxation of online gaming, casinos and horse racing.

02.08 / 06:23

Citi Metro Omni show track cover Metro Brands shares rise over 5% post Q1 results

Metro Brands dropped 5% in early trading but later rebounded by over 5% to reach Rs 1,097 during Wednesday's intraday trade on BSE following the release of June quarter results. The company reported a consolidated profit for the June quarter at Rs 93.5 crore, down by 11.6% from Rs 105.78 crore in the same quarter last year, impacted by the weak operating margin. The total revenue of the company stood at Rs 582.52 crore, rising 14.6% from Rs 507.95 crore in the year-ago quarter.

02.08 / 06:23

COST UPS Lowe's Assurant Metro cover How much health insurance do you need in your 30s? These factors will help you to choose the right medical insurance

Health insurance comes in handy in such a situation. Moreover, if you buy a health insurance policy early, even with a low premium you can afford high coverage.

02.08 / 05:07

UPS cover share price PVR Inox share price gains a day after Q1 results

PVR Inox Q1 results: PVR Inox share price opened higher at ₹1,585 as against the previous close of ₹1,565.95 a day after the company declared its Q1 results. The PVR Inox stock further gained to touch a high of ₹1,614.10, up about 2% from yesterday's close. At the time of writing this copy, PVR Inox shares were trading at ₹1,588.65, up ₹22.70, or 1.45%.

01.08 / 23:04

FIVE Manufacturing Parke Tesla Highways cover US opens safety probe into complaints from Tesla drivers that they can lose steering control

U.S. auto safety regulators have opened another investigation into safety problems with Tesla vehicles

01.08 / 23:04

COST UPS MET country cover Grant Saudi Arabia to grant Yemen $1.2 billion in economic aid

Saudi Arabia said it would grant $1.2 billion of financial aid to Yemen’s internationally recognized government in a bid to buoy the country's struggling economy

01.08 / 23:03

FIVE Digital Maxim CEO Celebrity country cover National Maine's biggest newspaper group is now a nonprofit under the National Trust for Local News

The largest newspaper group in Maine is becoming a nonprofit with the completion of the sale of more than 20 daily and weekly newspapers, including the Portland Press Herald

01.08 / 23:03

Manufacturing Action Highways Chevrolet show cover GM recalls nearly 900 vehicles with Takata air bag inflators, blames manufacturing problem

General Motors is recalling nearly 900 vehicles in the U.S. and Canada with Takata air bag inflators that could explode and hurl shrapnel in a crash

01.08 / 19:47

Cooper Mobile Samsung cover electronic Samsung bets on India to drive business growth in H2

Samsung expects the India market to be critical for the recovery in demand and business in the second half of the year, after a sharp decline in operating profits in the June quarter dragged by tepid sales across the world, the Korean handset major's global head of mobile business said. «The India market is the fastest growing.

01.08 / 19:05

UPS Target Cooper Manufacturing Action cover Hero ED at two Hero offices, Pawan Munjal’s house

NEW DELHI : The Enforcement Directorate (ED), the federal agency responsible for investigating money laundering and other financial irregularities, on Tuesday conducted searches at the premises of two-wheeler maker Hero MotoCorp Ltd and the residence of executive chairman Pawan Munjal, two people familiar with the development said. The company said it was cooperating with the agency. “Officials from the Enforcement Directorate today visited two of our offices in Delhi and Gurugram and the residence of our executive chairman Dr Pawan Munjal.

01.08 / 19:05

COST UPS Provident Cooper Extreme country cover Relief from milk prices likely after monsoon: Parshottam Rupala

NEW DELHI : Milk prices in India have surged 22% in three years, including 10% in the past year. According to Parshottam Rupala, Union minister for fisheries, animal husbandry, and dairying, prices of green fodder are declining, and milk prices are expected to stabilize after monsoon as fodder turns plentiful. In an interview, Rupala said while extreme weather conditions can damage crops, there is currently no alarming feed shortage, and in the unlikely situation of a shortage, states have reserves to fill the supply gap.

01.08 / 19:05

Provident country cover RBI fines 4 PSUs for late reporting of overseas investments

₹2,000 crore on ONGC Videsh Ltd (OVL), Indian Oil Corp. Ltd, GAIL (India) Ltd, and Oil India Ltd for delayed reporting of their overseas investments, two people familiar with the development said. The move may impact the overseas work commitments of these four state-run energy majors, prompting efforts by them to secure an extension from RBI, which has imposed a late submission fee of ₹500 crore each on the four firms.

01.08 / 16:19

UPS Provident FIVE Digital AGRO cover Top 50 wilful defaulters owe Rs 87,295 crore to banks: Finance ministry

Gitanjali Gems Limited, Era Infra Engineering Limited, REI Agro Limited, and ABG Shipyard Limited owe Rs 87,295 crore to banks and financial institutions. Of this, top 10 wilful defaulters owe Rs 40,825 crore to schedule commercial banks (SCBs), Minister of State for Finance Bhagwat Karad said in a written reply in Rajya Sabha.

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