LIC extends premium payment date, shares digital options : Bulletin: Business Today
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LIC extends premium payment date, shares digital options

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BusinessToday.In | April 13, 2020

Beijing exports China model of virus management
In Serbia, one of Beijing's closest European allies, and a handful of other friendly countries, China is providing on-the-ground guidance to help battle the coronavirus. The outreach is part of a wider push by Beijing to assert global leadership in battling COVID-19 after facing criticism from Washington.  Beijing has also sent medical teams to Cambodia, Iran, Iraq, Laos, Pakistan, Venezuela and Italy.

Coronavirus: What's holding up rapid tests in India?
Indian Council of Medical Research (ICMR) has issued an advisory to carry out rapid tests on all influenza-like illnesses reported from containment zones, large migration gatherings, or evacuee centres. However, in light of testing on such massive scales, India is staring at a new problem - shortage of rapid test kits. Along with kits, personal protective equipment (PPE), which are the first line of defence for frontline health workers, are also in short supply.
Stuck in lockdown? LIC extends premium payment date, shares digital options
Life Insurance Corporation (LIC) has made a few key announcements for the benefit of policyholders amid the ongoing lockdown. The announcements range from extending the date of premium payment to revival of policies. It has announced an extension of 30 days for payment of premiums due in March and April in a statement. LIC extended the deadline keeping in mind the hardships faced by people.

Coronavirus: Delhi auto drivers to get Rs 5,000 relief assistance
Delhi Chief Minister Arvind Kejriwal on April 2 had announced a one-time relief assistance package of Rs 5,000 for autorickshaw, e-rickshaw, Gramin Sewa vehicle drivers. This amount was to be given to compensate for the losses they suffered due to the 21-day lockdown. The Delhi government has now announced that the process of direct transfer of the amount promised would start from Monday.

OPEC, Russia approve biggest-ever oil cut to support prices amid coronavirus pandemic
OPEC and allies led by Russia agreed on Sunday to a record cut in output to prop up oil prices amid the coronavirus pandemic in an unprecedented deal with fellow oil nations, including the United States, that could curb global oil supply by 20%. Measures to slow the spread of the coronavirus have destroyed demand for fuel and driven down oil prices, straining budgets of oil producers and hammering the U.S. shale industry.

Boris Johnson says medics saved his life as UK deaths pass 10,000 mark
British Prime Minister Boris Johnson left hospital on Sunday and thanked staff for saving his life from COVID-19, but his government was forced to defend its response to the coronavirus outbreak as the national death toll passed 10,000. He will continue his recovery at Chequers, the official prime ministerial country residence northwest of London, his office said. Health minister Matt Hancock said there was no advice on when he would return to work and it would be a clinical decision.

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