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Due diligence of qualified bidders for IDBI Bank underway: MoS Finance
The government, along with LIC, is selling nearly 61 per cent stake...
IRDAI chief to meet insurance industry CEOs for Bima Sugam and Bima Manthan on Feb 12-14
Debasish Panda,chairman,IRDAI The IRDAI, on Feb 12, is expected to...
Typhoon Rai weakens after pummelling central Philippines
Rai, which at one point intensified into a category 5 storm, the highest classification, toppled power and communication lines, complicating disaster response and efforts to collect information from typhoon-hit areas "It is not expected to cause massive damage...
Expansion of scope of data protection bill needs careful analysis, deeper debate: Nasscom
The Joint Committee on Personal Data Protection Bill, 2019, headed by BJP MP PP Chaudhary, tabled its report in Parliament on Thursday. The committee has recommended widening the scope of the proposed data protection legislation to include both personal and...
Ban drug ads to promote health
In the US alone, USD 20 billion was spent in 2016 to convince doctors to prescribe brand-name drugs. The problem needs tackling at two ends: better regulation of promotion and making doctors less susceptible to it. Turning over-regulation to the drug companies, as is...
Refugees lack COVID shots because drugmakers fear lawsuits
So far there is scant information on COVID vaccine litigation, but claims made to out-of-court compensation programmes are one measure of the risk. A programme in the United States has so far not paid out anything, public data show; neither has one set up by the WHO...
Global community steps up with $93 billion support package to boost resilient recovery in World’s poorest countries
The funds will be delivered to the world’s 74 poorest countries under the 20th replenishment (IDA20) program, which focuses on helping countries recover from the impacts of the COVID-19 crisis. In these countries, the ongoing pandemic is worsening poverty, undermining...
US health tab hit $4T as gov’t opened spigot to fight COVID
The $4.1 trillion tab for 2020 represents an increase of about $365 billion from national health spending in 2019. It works out to $12,530 per person Washington:U.S. health care spending rocketed to $4.1 trillion last year as Congress opened the spigot of federal...
Cryptocurrencies a challenge for emerging markets, regulation needed: IMF chief economist
Gita Gopinath,Chief Economist,International Monetary Fund ''I think cryptocurrencies are a particular challenge for emerging markets. It seems to be more attractive to adopt cryptocurrencies and assets in emerging economies than in advanced economies,'' she said while...
Electric vehicle mkt to see investment of Rs 94,000 cr in next 5 years: Report
Currently, 15 Indian states have either approved or notified EV policies, with six more states in the draft stage. States like Delhi, Gujarat, Maharashtra, and Meghalaya are focusing on demand incentives, whereas southern states and Uttar Pradesh are focusing on...
UIDAI plans to provide Aadhaar enrolment to newborn babies in hospitals soon
"99.7 per cent adult population has been enrolled in Aadhaar. We have enrolled a 131 crore population and now our effort is to enrol newborn babies," Garg said. "Every year 2-2.5 crore babies take birth. We are in the process of enrolling them in Aadhaar," he added....
Banking services hit as PSU bank employees go on two-day strike
AIBOC General Secretary Soumya Dutta said about 7 lakh bank staffers across the country are participating in the two-day strike. It is unfortunate that operations of over 1 lakh branches of banks and regional rural banks have been impacted due to the strike because of...