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Govt says Russian oil suppliers must provide sanctions-compliant cargoes
Indian refining officials said they have told Russian oil suppliers...
Sebi seeks greater access to social media records to curb market violations
In its latest letter sent last week, Sebi said companies such as...
SEBI examines alternate dispute resolution mechanism for investors, regulated entities
SEBI in November 2021 published the 'Investor Charter' for securities markets to further augment its efforts to protect investors’ interests, promote transparency in markets and enhance awareness, trust and confidence among investors. Since then, various steps have...
Agriculture: Gradual shift towards the implementation of green practices
Weeds, diseases, and pests cost Rs 45,000 crore every year, causing roughly 20% of crop output to be lost. India will need to increase agricultural production and productivity to ensure food and nutrition security as its population grows. The Indian agrochemical...
India reports over 2.8 lakh new COVID-19 cases, daily positivity rate at 15.13 pc
As per the health ministry, there is an increase of 0.79 per cent in Omicron cases since yesterday. The daily positivity rate is at 15.13 per cent while the weekly positivity rate is 15.53 per cent. Meanwhile, the country's recovery rate stands at 93.88 per cent India...
ICICI Pru Life posts Rs 311 cr net income for Dec quarter; policy sales jump 20 pc
''We have maintained positive momentum in business and profitability, and have registered a strong year-on-year growth of 20 per cent in the value of new business (VNB). Almost half of our new business premium has been contributed by the protection and annuity...
LIC listing: Inside the all-out campaign to prepare India’s biggest IPO
A knock-out listing could see LIC raise as much as $10 billion from the IPO with a minimum dilution of 5%. That would make it the third biggest globally involving an insurer Mumbai:In Mumbai’s sleek skyscrapers, harried bankers race the clock to appraise a company...
Decision on COVID vaccination for children between 12-14 yrs yet to be taken by Health Ministry
Dr NK Arora, Chairman of COVID-19 working group of NTAGI, said that looking at the current pace of the vaccination, India may begin inoculating children in the age group of 12-14 years in March. About 46 percent of adolescents aged 15-18 years have received their...
India should adopt risk-based approach not blanket bans to contain Covid: WHO India head
''WHO does not recommend a blanket travel ban, nor complete restriction of people's movement. In many ways, such blanket approaches can be counterproductive. India with its diversity in population distribution and geographic spread, the risk-based approach remains the...
IRDAI reduces general insurers’ obligatory cession for GIC Re to 4 % from 5 % in FY 2023
The approximate size of the Indian reinsurnace market is around Rs 55,000 cror in FY.2020-21. To begin with, obligatory cession for GIC Re was 10 per cent which was reduced to five per cent afterwards and the foreign reinsurers which are having braches in India are...
Govt seeks applications for a new IRDAI member(Non-Life)
TL Alamelu, member(Non-Life), IRDAI will be retiring on May 6,2022 after completing her three-year tenure New Delhi: The government on Monday has asked for applications to appoint a new member (Non-life), in Hyderabad based IRDAI. The current member(Non-Life),TL...
India’s Gennova developing Omicron-specific COVID-19 vaccine
The source said Gennova on Friday separately submitted to India's drug regulator phase 2 trial data for its original mRNA vaccine candidate. The government said last year that product was found to be "safe, tolerable, and immunogenic" in the participants of an initial...