M Saraswathy

Assistant Editor

Moneycontrol News

Saraswathy has been covering stories in the areas of insurance, HR and education for the past 10 years, having worked in the past with Business Standard.

CBSE Class 12 Board Exam 2021: A repeat of last year's court saga as case filed in SC for cancellation

BUSINESS

CBSE Class 12 Board Exam 2021: A repeat of last year's court saga as case filed in SC for cancellation

A petition has been filed in the Supreme Court, seeking the cancellation of the exams. The education board has already cancelled the Class X exams for 2021 due to COVID-19, and has postponed the Class XII exams, scheduled between May 4 and June 14.

PM Jeevan Jyoti Bima Yojana: COVID-19 impact? Death claims worth Rs 1,134 crore paid under the scheme in FY21

BUSINESS

PM Jeevan Jyoti Bima Yojana: COVID-19 impact? Death claims worth Rs 1,134 crore paid under the scheme in FY21

PM Jeevan Jyoti Bima Yojana: Almost 50 percent claims paid out are due to COVID-19 deaths, said an official.

Extended lockdown leads to dropout worries among students who cannot afford online facilities

BUSINESS

Extended lockdown leads to dropout worries among students who cannot afford online facilities

Disparities across schools are rising as students are unable to access online learning facilities amidst a long shutdown of physical classes. Many students are being encouraged to watch programmes on DD’s Gyan Darshan channels to help bridge the academic gap.

NEP 2020: National Education Policy on fast track, nationwide implementation kick starts in June

BUSINESS

NEP 2020: National Education Policy on fast track, nationwide implementation kick starts in June

A review committee will monitor task forces set up in 2020, at the central and state level for administering the policy for schools and higher education institutions; a dashboard will be supervised on a monthly and quarterly basis

COVID-19 2nd Wave: Vaccine shortage shatters students' plans to study abroad

BUSINESS

COVID-19 2nd Wave: Vaccine shortage shatters students' plans to study abroad

Border closures and vaccination delays would mean that Indian students eyeing an international degree may be in for some disappointment in 2021.

Salary trends show tech-based skills attract more value

BUSINESS

Salary trends show tech-based skills attract more value

Pay Scaler 2021: Information technology (IT), banking, financial services and e-commerce sectors are among the best-paying companies, according to data released by human resources firm PERSOLKELLTY

Long, erratic work hours, lack of formal mental health policies impacting employees, says Gi Group India MD

BUSINESS

Long, erratic work hours, lack of formal mental health policies impacting employees, says Gi Group India MD

A survey by the global staffing company shows that only one-third of the employers had implemented Employee Assistance Programmes or other formal structures to help tackle mental health issues.

Explained: Why you will soon get legal insurance for land title fraud

BUSINESS

Explained: Why you will soon get legal insurance for land title fraud

Financial costs related to legal charges in case there is some fraud on the property title will also be payable by the standard policy.

India Inc has all hands on the deck to handle COVID-19 crisis at workplace

BUSINESS

India Inc has all hands on the deck to handle COVID-19 crisis at workplace

Corporates are providing a series of relief measures for staff, ranging from vaccination drives, sourcing medical facilities and also emotional support. Leave for supporting family members, vaccination, and COVID recovery are some of the other steps.

COVID-19-recovered patients face tougher renewals, porting difficulties

BUSINESS

COVID-19-recovered patients face tougher renewals, porting difficulties

Insurance companies say that loss ratios have exceeded 110 percent and some steps are being taken to keep claims under control; accepting all recovered policyholders at the same cost will hurt firms, they say

Video resume are the next big trend, here's how to make it work

TRENDS

Video resume are the next big trend, here's how to make it work

After video interviews dominated the human resource space in 2020, the buzzword in 2021 is 'video resumes'

Coming soon, a National Educational Technology Forum to boost digital education

BUSINESS

Coming soon, a National Educational Technology Forum to boost digital education

The NETF will provide independent evidence-based advice to central and state government agencies on technology-based interventions. The education ministry has already held a series of meetings with state education boards between October 2020 and April 2021.

IDBI Bank divestment: LIC may sell stake in multiple tranches, up to 5% in FY22

BUSINESS

IDBI Bank divestment: LIC may sell stake in multiple tranches, up to 5% in FY22

LIC which is the promoter of IDBI Bank is likely to sell stake and unlock value ahead of its initial public offering in Q3FY22.

Companies are hiring, even amidst COVID-19 second wave: Randstad India executives

BUSINESS

Companies are hiring, even amidst COVID-19 second wave: Randstad India executives

Paul Dupuis, MD and CEO, Randstad India and Viswanath PS, CFO, Randstad India are seeing no major impact on an immediate basis in India's hiring market despite COVID-19 situation getting worse.

Supreme Court strikes down Maratha reservation in jobs and education, saying it violates right to equality

BUSINESS

Supreme Court strikes down Maratha reservation in jobs and education, saying it violates right to equality

The apex court held that the 50 percent ceiling for reservations cannot be exceeded in any state. It was responding to a Devendra Fadnavis-led state government legislation, which offered 16 percent reservation for the Maratha community in 2018; students relieved, but hope for some reprieve from authorities

IPL 2021 suspended: Here's why the game isn't insured against COVID-19

BUSINESS

IPL 2021 suspended: Here's why the game isn't insured against COVID-19

Since the IPL insurance taken by the organisers has excluded COVID-19, no delays or cancellations in the 2021 matches will be eligible for claims; Rs 3,500 crore tournament cover related to weather-related or manmade disasters

VK Bansal: The man who pinned Kota as the coaching capital of India

BUSINESS

VK Bansal: The man who pinned Kota as the coaching capital of India

Bansal Classes founder VK Bansal, who passed away after a prolonged illness on May 3, was behind Rajasthan's Kota becoming a Mecca for engineering aspirants.

TV prices set to rise again as govt considering customs duty hike on open-cell panels

BUSINESS

TV prices set to rise again as govt considering customs duty hike on open-cell panels

The government wants to incentivise local manufacturing by increasing customs duty. The plan is to increase the duty by up to 12 percent in three years from the current 5 percent. In Sept 2019, the CBIC had said there will be no hike in cutoms duty if manufacturers develop domestic capacity

LIC sees Rs 3.76 lakh crore additions in equity holding value in FY21

BUSINESS

LIC sees Rs 3.76 lakh crore additions in equity holding value in FY21

The country’s largest insurer saw its equity holding value rise to Rs 7.69 lakh crore in FY21 as against Rs 3.93 lakh crore a year ago, representing a whopping 96 percent year-on-year growth

COVID-19: Here’s a primer on getting insurance claims settled on time

BUSINESS

COVID-19: Here’s a primer on getting insurance claims settled on time

Keep a list of documents and medical bills ready for quick claims settlement. If your insurer has a tie-up with a local hospital, opt for it.

Up to Rs 1 crore a month — this is how much insurers could save by hot desking, hybrid offices

TRENDS

Up to Rs 1 crore a month — this is how much insurers could save by hot desking, hybrid offices

Giving up office space by sending some teams to work-from-home settings while retaining others through hot desking options is being explored to cut costs.

Exclusive | COVID-19 second wave: Amid tussle between hospitals and insurers, 171,000 claims await settlement

BUSINESS

Exclusive | COVID-19 second wave: Amid tussle between hospitals and insurers, 171,000 claims await settlement

The delays in clearing claims are primarily because of disagreements between hospitals and insurance companies over the claim amount and charges imposed. As of April 28, there were 1.1 million Covid-19 health claims worth Rs 15,568 crore filed with insurers. Of these, 930,729 claims worth Rs 8,918.57 crore have been settled.

No child left behind: Come 2023, schools will no longer rank students merely on marks scored in exams

BUSINESS

No child left behind: Come 2023, schools will no longer rank students merely on marks scored in exams

The Education Ministry wants schools to promote multi-disciplinary education by having a 50-50 balance of academics with other activities such as sports, literature, martial arts, music and dance. Students will be assessed on aspects such as their participation in extra-curricular activities, inter-school competitions, sporting prowess and basic etiquette. Classroom interactions will also be closely monitored.

General insurers seek higher rate for third-party motor insurance as losses mount

BUSINESS

General insurers seek higher rate for third-party motor insurance as losses mount

Insurers say their viability is at stake as losses are mounting, and the regulator did not increase third-party insurance rates in FY21, but transporters are opposing the move saying higher premium will amplify their stress

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