Madhya Pradesh and Kerala have highest insurance coverage of senior citizens over 70 years under Ayushman Vay Vandana
The Ayushman Vay Vandana initiative, which aims to provide free healthcare to senior citizens aged 70 and above, has enrolled 25 lakh beneficiaries as of December 2024. This represents inclusion of 4 per cent of eligible 6 crore senior citizens over 70 years since launch of the programme in October.

India’s self-employed: Bridging the insurance gap with tech-enabled solutions
India is home to over 300 million self-employed individuals, accounting for nearly 50% of the workforce. This diverse group includes gig workers, small business owners, freelancers, and independent professionals like doctors, lawyers, and architects, among others.

Micro insurance premium in life segment tops Rs 10k cr in FY24
 

How well does health insurer settle claims? Latest Irdai incurred claim ratio of general, health insurance companies in India
Latest incurred claim ratio of general, health insurance companies in India

Hiring by formal sector at 7-month low

ChandigarH: The number of monthly fresh formal hiring witnessed a seven-month low in October, indicating a slowdown in hiring. The Employees’ Provident Fund Organisation (EPFO) enrolled around 7.50 lakh new members in October compared to 9.47 lakh in September. The low hiring can be attributed to slump in the formal labour market during the month.

‘Indian equities unattractive from a near-term perspective’: Ajay Tyagi, Head - Equity, UTI AMC
Markets are overvalued across various market cap buckets, says Ajay Tyagi, Head - Equity, UTI AMC. Tyagi says investors are getting attracted to the past returns shown by small-cap funds and making high allocations towards them, which is a concern.

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UTI MF opens 16 new financial centres