COVERAGE
Cabinet extends Stand-Up India Scheme till 2031, approves Rs 4,111 crore corpus to support 2.5 lakh more entrepreneurs
The Union Cabinet has extended the Stand-Up India Scheme to support women and marginalized entrepreneurs. This extension will last for five years, ultimately reaching till March 31, 2031. The scheme aims to provide financial assistance to an additional 2.5 lakh entrepreneurs during this period. Eligible entrepreneurs can avail loans between Rs 10 lakh and Rs 1 crore with significant loan coverage.
US judge says Trump's $10 billion BBC defamation case can proceed
Trump is suing Britain's publicly funded broadcaster for at least $10 billion over edited clips of a speech that made it appear he directed supporters to storm the US Capitol on January 6, 2021. The case is one of several Trump has privately filed against the news media as part of a wider pressure campaign against coverage he dislikes.
Abdul El-Sayed calls Donald Trump an ‘unserious fool.’ So why is he offering to work with the President?
Michigan Sen-elect Abdul El-Sayed says he would work with Donald Trump on policies that help Americans. The Democrat said that he could even back universal health coverage with Trump’s name on it.
Health insurance claims: How the moratorium clause protects you after five years
Cutting through money jargon, one topic at a time. This week, Preeti Kulkarni explains how the moratorium clause in health insurance protects policyholders against arbitrary claim rejections. The moratorium period is calculated based on the number of years of continuous coverage. So, if you port your policy to another insurer, the moratorium clock does not get reset -- you do not lose the benefit of the period already served.
Group health insurance claims: 5 common claim deductions and disputes employees should know about
Most group plans cover pre-existing diseases from day one, and individual employees are not medically underwritten. Barring a few exceptions, disputes are rarely about whether a claim is admissible. They are mostly about deductions.
'Global insurance cover may help rise medical tourism': Apollo Hospitals' Sangita Reddy
Apollo Hospitals envisions that broadening insurance access for international patients will catalyze the growth of medical tourism in India. The medical travel industry is predicted to swell to about $286.1 billion by 2030, with India's share expected to be around $16.2 billion. The focus on preventive health check-ups is essential for timely detection and holistic wellness. Additionally, artificial intelligence is poised to significantly transform healthcare service delivery and patient interaction.
Urijah Faber reveals that MMA star Nate Diaz once thought he was rich with just $15,000, planned to buy a house and a car: Here’s how much Diaz has made now
In a lighthearted moment, Urijah Faber shared a funny tale about Nate Diaz's financial misunderstanding post-The Ultimate Fighter victory. With a newfound $15,000, Diaz was eager to purchase a home for his mom, only to be hit with a financial reality check while car shopping with a buddy. Though a championship eluded him, Diaz has thrived in the UFC, now boasting a large net worth from multiple ventures.
Father of Meghan Markle arrested on charges related to child sexual abuse material, AP sources say
Meghan Markle's father, Thomas Markle Sr., has been arrested by federal agents in Florida on charges related to child sexual abuse material, according to AP. The arrest follows reports that his son discovered a collection of such images at his former home in the Philippines and alerted local police and the FBI.
Binance $6.3 billion heist to prompt closer scrutiny by insurers
Following the $6.3 billion Binance heist, insurers are stepping up their scrutiny of cryptocurrency firms' security measures. During policy renewals, they will inquire about vulnerabilities exposed by the Binance incident. This reassessment could lead to new security prerequisites and an overhaul of risk evaluations. The event underscores the inadequacies of existing insurance solutions in the crypto landscape. Insurers will likely keep a vigilant eye on developments as the sector progresses.
Zomato increases delivery coverage up to 40 km under new ‘Limitless Delivery’ feature
Zomato has launched a new feature called 'Limitless Delivery' for its customers. This feature enables ordering food from restaurants up to 40 kilometres away, expanding delivery radius. The service aims to make more restaurants accessible to customers across various cities. Currently, Limitless Delivery is operational in seven major cities, including Bengaluru and Delhi NCR. This innovation offers convenience to users who wish to order from their favorite restaurants not nearby.
Zee expands sports portfolio, secures exclusive PGTI multi-platform rights
Zee Entertainment Enterprises has acquired exclusive rights to broadcast the Professional Golf Tour of India. This partnership will feature 20 tournaments and provide up to 120 hours of live coverage. Bavesh Janavlekar stated that this collaboration aims to enhance the visibility of Indian golf. The initiative seeks to reach a broader audience, including both golf enthusiasts and new fans.
US hospitals brace for tougher 2027 as coverage losses and Medicaid cuts loom
US hospital operators are experiencing revenue pressure due to an increase in uninsured patients affecting their operating margins. The expiration of federal subsidies is causing ACA exchange premiums to rise sharply, leading to more patients losing coverage. Major hospital chains are bracing for declines in Medicaid supplemental payments that could hit their finances hard. Analysts caution that forthcoming changes to Medicaid requirements might exacerbate issues for hospital operators.
Voters elected Democrats who are doctors and challenged RFK Jr. Can they protect the Medicaid Program and remove him from office?
Voters in South Carolina, Ohio and Michigan elected Democrats who have criticized Robert F. Kennedy Jr.’s health policies. Their wins put the Medicaid program and federal health oversight in the spotlight.
Oman tightens expat worker recruitment rules from January 2027; agencies must provide insurance, refunds
Effective January 1, 2027, Oman is set to enforce new, tougher rules for hiring expatriate workers, which will necessitate insurance coverage and adherence to recruitment timelines. Recruitment agencies will shoulder increased financial duties, including the possibility of refunds for employers.
First husband, then wife lose their tech jobs in US, newborn baby at home and healthcare coverage worries. Heartbreaking post highlights growing anxiety among tech workers
Ha Nguyen, a founder and managing partner, shared the heartbreaking story of a US-based tech couple who lost their jobs one after another while caring for their newborn baby. With healthcare coverage at risk, the couple faces mounting uncertainty. Her post highlighted the human cost of tech layoffs and called for greater support for affected employees.
Trump blames Fox News for Republican losses, blasts network for putting ‘Worst Mayor’ Bill de Blasio on air
President Donald Trump voiced his frustration with Fox News after the network aired Bill de Blasio's remarks about the mid-term elections. He claimed that such coverage is harming Fox's already dwindling viewership, which plummeted by 27% in October. Trump believes that the Republican party's prospects could have been brighter with his presence on the ballot, exposing the growing discord between him and his past media ally.
Trump’s first reaction to early Democratic gains: ‘I wasn’t on the Ballot’
Donald Trump commented on the midterm election outcomes, boldly stating his influence would guarantee Republican success. He took aim at Fox News, alleging their reporting skewed towards Democrats and harmed their ratings. As initial results pointed to Democratic advancements, CNN reported shifts in House leadership, signifying Trump's enduring role in party politics even though he wasn’t a candidate.
How to watch US midterm election results live: CBS, Fox, ABC and C-SPAN timings and streaming options
US midterm election results live: Find out how to watch the 2026 US midterm election results live on CBS News, Fox News, ABC and C-SPAN. Check election-night coverage timings, TV schedules and streaming options, along with when polls close and results are expected to come in as Americans vote in key House and Senate races.
Should my OCI son continue his Indian health insurance policy or take a new one?
ET Wealth Reader's Query: My son recently became an Overseas Citizen of India (OCI). Earlier, he had insurance coverage in India. Should he continue that or take a new one in India?
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