MCMINIS
Why working women in India are upset
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.
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.
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.
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
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.
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 PERSOLKELLY
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.
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.
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.
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
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'
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.
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.
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.
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
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
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.
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
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
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.
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.
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.
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.
