Mint Morning Digest: Life insurers may get to sell health covers and more
Premium- Mint Evening Digest: Read top business news, equity market precursors, and economic and banking news updates from India and across the world for 21 June, 2022
Mint Morning Digest
Life insurers may get to sell health covers
India’s insurance regulator is planning to allow life insurance companies to offer full-fledged health insurance policies, two people with direct knowledge of the plans said, in a move that will likely reduce premiums and increase access to affordable health cover. (Read more)
Google tax to stay post-2023 as global deal faces hurdles
India’s equalization levy, or the so-called Google tax on offshore digital economy firms, is set to stay beyond 2023, as a global tax deal which was to replace such levies by individual nations by then faces implementation challenges, experts said. (Read more)
Voda-Idea to raise ₹500 cr more from Vodafone Group
Vodafone Idea Ltd on Monday said its British shareholder Vodafone Group will invest ₹500 crore in the company through equity or convertible warrants, following a previous cash injection by its promoters in March. (Read more)
Arunachal dam project may cost India ₹1.13 trillion
India may spend ₹1.13 trillion ($14.5 billion) to build the 10 GW Upper Siang multi-purpose storage project at Yingkiong in Arunachal Pradesh, a project that is central to counter China’s ambitious water diversion scheme of the Siang river that feeds downstream into the Brahmaputra.. The 10 gigawatt (GW) Upper Siang multi-purpose storage project will be built at Yingkiong in Arunachal Pradesh. (Read more)
AIIMS develops anti-gravity body suit for yoga in space
Experts at the All India Institute of Medical Sciences (AIIMS-Delhi) have developed an anti-gravity body suit that will allow astronauts to perform yoga in space, AIIMS doctors said on the eve of International Yoga Day on 21 June.
The anti-gravity gear will help astronauts strengthen muscles and prevent loss of bone density minerals. (Read more)