Allahabad Bank lines up credit cards for silk weaversSeptember 27th, 2009 VARANASI - After some commercial banks decided to give credit cards to farmers, Allahabad Bank has decided to extend the facility to silk weavers in and around this pilgrimage town. "The idea behind the move is to save weavers from perennial exploitation by moneylenders", said Allahabad Bank assistant general manager P.C.
A look at the main points of Obama's health care speechSeptember 9th, 2009 A look at the points in Obama's speechA look at key points in Obama's health care speech:
—Individuals would be required to carry basic health insurance. Those who can't afford it would get a hardship waiver.
Obama includes required coverage for all as part of health care overhaul proposalSeptember 9th, 2009 Individuals would have to carry health insuranceWASHINGTON — President Barack Obama says individuals would be required to carry basic health insurance under his overhaul plan and businesses would have to offer workers health care or pay for part of insurance cost for their workers. Obama said those who could not afford coverage would have a hardship waiver, and 95 percent of all small businesses would be exempt because of their size and narrow profit margin.
Pay 100 yuan for a chance to net 150,000 yuan house in ChinaSeptember 1st, 2009 NEW DELHI - A Beijing resident has come up with an unusual way of selling off an apartment. The 26-year-old man is looking for some 1,500 Internet users to invest in an apartment, and the owner will be chosen on the basis of a lucky draw, reports the China Daily.
Congressional liberals press for government-run health insurance optionAugust 18th, 2009 Liberals push for public health insurance planWASHINGTON — Congressional liberals are telling the Obama administration that a health overhaul bill cannot pass unless it includes a new government-run insurance option. The Congressional Progressive Caucus, made up of more than 80 liberal House members, wrote to Health and Human Services Secretary Kathleen Sebelius expressing opposition to her weekend comments suggesting a public option was not essential to a health overhaul.
Shelby: Insurance co-ops worth looking at as alternative to idea of public optionAugust 16th, 2009 Shelby: Insurance co-ops worth looking atWASHINGTON — A Republican senator says a potential administration shift from a government-run health insurance to a privately run cooperative is something that opponents like him should consider. Alabama's Richard Shelby is a vocal opponent of the health care overhaul proposed by President Barack Obama.
Sebelius: Obama OK with insurance co-ops to offer choice, competition to private plansAugust 16th, 2009 Sebelius: Public insurance option not essentialWASHINGTON — President Barack Obama's health secretary is suggesting the White House is ready to accept nonprofit insurance cooperatives instead of a government-run public option in a health overhaul plan. A Republican senator says that is worth looking at.
In pitch for health care overhaul, Obama says insurance companies holding Americans hostageAugust 14th, 2009 Obama assails health insurance companiesBELGRADE, Mont. — President Barack Obama says Americans are being held hostage by health insurance companies that deny coverage based on pre-existing conditions or cancel coverage when people get sick.
Obama says he's not trying to vilify insurers with calls for 'health insurance reform'August 14th, 2009 Obama says he's not trying to vilify insurersBELGRADE, Mont. — President Barack Obama says he isn't trying to vilify the insurance companies.
Lawmaker health insurance costs at a glanceAugust 12th, 2009 Lawmaker health insurance costs at a glanceLawmakers in many states enjoy free or heavily subsidized health insurance paid for by tax dollars, even as the recession claims the jobs and health benefits of millions of workers who elected them. The disparity is creating a backlash in some states to cut back lawmakers' health benefits.
Obama says Congress agrees with him on broad health careJuly 23rd, 2009 Obama: Lots of agreement on health overhaulWASHINGTON — President Barack Obama says lawmakers and he are in general agreement on important parts of a potential health care overhaul. Obama planned to say Wednesday night that the proposals would add stability to existing plans.
Rs.11 bn to be spent annually on textile tech upgradeJune 24th, 2009 NEW DELHI - The government will spend Rs.1,100 crore (Rs.11 billion) annually till 2012 to provide subsidies and upgrade technology to the textile sector, Textiles Minister Dayanidhi Maran said here Wednesday. The Technology Upgradation Fund Scheme (TUFS), which was launched to improve competitiveness and overall long term viability of the industry, has been extended till March 31, 2012.
Max New York Life Insurance launches 'Healthy Family' Floater PlanJune 1st, 2009 New Delhi,June 1 (ANI-Business Wire India): Max New York Life Insurance, one of India's leading life insurance companies, today introduced the 'Lifeline Healthy Family' a health insurance plan, the most comprehensive long term insurance coverage for hospitalization, surgeries and critical illness for the entire family under one single policy. With the launch of 'Health Family' Max New York Life also became the first and the only company to offer benefits for congenital disorder.
Brightness of Kashmiri carpets fades in economic meltdownFebruary 22nd, 2009 SRINAGAR - The centuries-old carpet industry of Kashmir is facing a severe crisis in the wake of the global economic slowdown, endangering the livelihood of over 150,000 weavers. Industry leaders are expecting a sharp fall in domestic sales as well as exports this fiscal as demand is falling.
India's first third party insurance licensee exits businessFebruary 5th, 2009 CHENNAI - The Hyderabad-based Dawn Services, the first third party administrator (TPA) to be licensed by the Indian insurance watchdog, has decided to exit the business. According to Insurance Regulatory Development Authority (IRDA), the TPA licence to Dawn Services has not been renewed upon request.