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Licences of 18 pharma firms cancelled for manufacturing spurious drugs, 26 issued show-cause notices
An official source said that the action has been taken against 76...
Expenses of Management(EoM): IRDAI fixes at 30% for general insurers,35% for health insurers
Premium in Rs, crore The new limit on EoM will be effective from...
WeWork losses mount but ‘seismic shift’ in office use seen helping recovery
The pandemic has accelerated a “seismic shift” in the office sector that has put flexibility – an industry byword for the short-term leases the company embraces – and WeWork at the forefront, the memo signed by Chief Executive Sandeep Mathrani and Chief Financial Officer Ben Dunham said.
“This is our moment, and I know that together, we will continue to define the future of work,” they said.
Olympic leaders raise hopes for safe Tokyo Games with fans
News from pharmaceutical firm Pfizer on Monday of promising trials of its vaccine followed Tokyo hosting an international gymnastics competition at the weekend.
Having seen now the different (event) tests in Japan I think we can become more and more confident that we will have a reasonable number of spectators then also in the Olympic venues, IOC President Thomas Bach said.
Asked if the IOC could itself try to acquire vaccine doses for Olympic participants, Bach said contact is ongoing with the World Health Organization and a number of the manufacturers. There are different options under consideration, how vaccines can be made available, he said.
North Korean, Russian hackers target COVID-19 researchers: Microsoft
The software company said a Russian hacking group commonly nicknamed “Fancy Bear” – along with a pair of North Korean actors dubbed “Zinc” and “Cerium” by Microsoft – were implicated in recent attempts to break into the networks of seven pharmaceutical companies and vaccine researchers in Canada, France, India, South Korea, and the United States.
Vaccine alliance secures $2 billion to fund COVID shots for poor nations
The European Commission, France, Spain, South Korea, the Bill & Melinda Gates Foundation and others had in recent weeks pledged another $360 million to the AMC, the alliance said, bringing total funding over the $2 billion target for this year.
Another $5 billion will be needed in 2021 to procure COVID-19 vaccine doses as they come through development and are approved by regulators, GAVI said in a statement.
IRDA proposes standard policy for treatment of vector-borne diseases like dengue, malaria
The insurance policy will cover treatment of dengue fever, malaria, filaria (Lymphatic Filariasis), kala-azar , chikungunya, Japanese Encephalitis and Zika Virus , it said, adding the stakeholders can send their comments on the exposure draft to IRDAI by November 27.
COVID-19: 44,684 new cases take India’s virus tally to 87,73,479
The COVID-19 case fatality rate has further declined to 1.47 per cent.
There are 4,80,719 active COVID-19 cases in the country which comprises 5.48 per cent of the total caseload, the data stated.
Parents say employers are illegally firing them during Pandemic
Parents who’ve lost their jobs during the pandemic are driving a surge of litigation, alleging their employers discriminated against them for taking care of their kids when schools closed. Since March, working parents have filed at least 40 lawsuits...
Europe ‘must grit teeth’ on COVID-19 as vaccine euphoria fades
As the euphoria that followed Pfizer’s announcement faded, European shares slipped back from their eight-month highs, with poor economic data from Britain adding to doubts about the rebound from the brutal slump caused by the first lockdowns.Its economy lost steam in September, hardening expectations that it will shrink again as 2020 ends.
Britain passed 50,000 COVID-19 deaths this week, and the 33,470 new cases registered on Thursday were its highest daily tally to date.
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WHO to set up centre for traditional medicine in India
“This new centre will support WHO’s efforts to implement the WHO traditional medicine strategy 2014-2023 which aims to support countries in developing policies and action plans to strengthen the role of traditional medicine as part of their journey to universal health coverage and a healthier, fairer and safer world,” WHO Director General Tedros Adhanom Ghebreyesus said.
India’s COVID-19 caseload reaches 87.28 lakh, recovery rate rises to 92.97 pc
The COVID-19 case fatality rate has further declined to 1.47 per cent.
There are 4,84,547 active cases in the country which comprise 5.55 per cent of the total caseload, the data stated.
The 547 new fatalities include 122 from Maharashtra, 104 from Delhi, 54 from West Bengal, 25 each from Kerala and Tamil Nadu, 23 from Punjab, 21 each from Karnataka and Uttar Pradesh, 20 from Chhattisgarh and 19 from Haryana.