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GIC Re’s net profit rises 5 % to Rs 1260 crore, cuts gross premium 4% to Rs 8813 crore in Q4 Fy 21

by AIP Online Bureau | Jun 29, 2021 | Indian News, Life, Non-Life, Reinsurance

   Mumbai, June 29: With a higher investment income, state owned reinsurer GIC Re amidst Covid-19 pandemic, has seen its net profit rising by 5.25 per cent year on year(Y-O-Y) to Rs 1260.44 crore in last quarter(Jan-Mar) of FY 2021. The listed reinsurer...

India says will oppose ‘regressive proposal’ by rich nations on carbon tax

by AIP Online Bureau | Jun 29, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

  New Delhi: India says will oppose 'regressive proposal' by rich nations on carbon taxIndia and other developing nations will oppose plans by the European Union and the US to penalize imports of carbon-intensive goods to curb emissions at the global...

SC orders implementation of ‘one nation, one ration card scheme’ by July 31

by AIP Online Bureau | Jun 29, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Technology

  The Supreme Court on Tuesday directed states and union territories to implement the 'one nation, one ration card scheme' till July 31, while asking the Centre to provide dry ration for free distribution among migrant workers till the COVID-19 situation...

Cipla gets DCGI nod to import Moderna’s COVID-19 vaccine for restricted emergency use in India: Sources

by AIP Online Bureau | Jun 29, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

  New Delhi: India's drug regulator may soon grant restricted emergency use authorization for Moderna's COVID-19 vaccine, official sources said on Tuesday. Cipla filed an application on Monday seeking permission for import of Moderna's COVID-19...

Sebi approves stricter independent dir norms, measures to attract more investors into mkt

by AIP Online Bureau | Jun 29, 2021 | Eco/Invest/Demography, Indian News, Regulation

  Mumbai: Seeking to strengthen the corporate governance practices as well as attract more investors, markets watchdog Sebi on Tuesday approved stricter norms related to independent directors, reduced the minimum subscription amount for REITs and InvITs and...
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