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Parliament passes Marine Aids to Navigation Bill

While replying to the debate, Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal said: “This Bill will provide a legal framework for the sector to meet the latest technologies and meets the requirements of best global practices for safe and secure navigation and protection of the marine environment.”

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Lok Sabha passes Factoring Regulation Amendment Bill

The statement of objects and reasons of the bill state that an increase in the availability of working capital may lead to growth in the business of the micro, small and medium enterprises sector and also boost employment in the country.

The bill seeks to amend the definitions of “assignment”, “factoring business” and “receivables”, so as to bring them in consonance with international definitions and also to insert a new definition of “Trade Receivables Discounting System” .

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Nearly Rs 49,000 cr lying unclaimed with banks, insurers: Karad

As per the Insurance Regulator Development Authority of India (IRDAI), the total amount of unclaimed amounts of policy holders in public and private sector insurance companies was at Rs 24,586 crore (end-December, 2020).
On the other hand, all insurers having unclaimed amounts of policyholders for a period of more than 10 years transfer such funds to the Senior Citizens” Welfare Fund (SCWF) every year. The SCWF is utilised for schemes for promoting the welfare of senior citizens.

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Indian aviation market’s recovery significantly impacted by cap on fares, capacity: IATA DG

So, the measures that were put in place during the initial phase of the pandemic really do have to be challenged and questioned as to whether they are still relevant in an environment where the risk that ”we face is very different now from the risk that we faced 15-17 months ago”, the director general of global airlines body IATA, Willie Walsh said.

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FSSAI mulling using next-gen technology tools to ensure food safety, quality

”FSSAI is exploring the possibilities of using technological tools like blockchain, machine learning, etc in obtaining traceability information,” Food Safety and Standards Authority of India (FSSAI) CEO Arun Singhal said.

Next generation tools like genome sequencing and innovations in chemical and molecular analysis can be very useful in the area of food authenticity and integrity, he pointed out. Also, Internet of Things (IoT) has taken a big leap forward and can be used for mounting production and processing operations, he added.

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 ICICI Lombard and Dr. Reddy’s collaborate for pilot launch of  cashless digital health solution

Users will benefit from cashless access to consultation from leading doctors and healthcare professionals across specialisations and geographies, pathology laboratories and diagnostic services, pharmacies, and a comprehensive support centre, all on a simple, easily accessible mobile platform. It offers options of in-person as well as remote tele/video consultations, home sample collections and medicine deliveries, digital health record management and a comprehensive support and fulfilment system.

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NPPA has fixed ceiling prices of 355 medicines, 882 formulations: Mandaviya

”Most of the drugs that are part of COVID-19 management protocol have ceiling prices, viz., paracetamol, dexamethasone, methylprednisolone, IVIGs, enoxaparin, budesonide, heparin and amphotericin, etc,” Minister of Chemicals and Fertilisers Mansukh Mandaviya said in a written reply to a query in the Lok Sabha.
In the case of few non-scheduled medicines like remdesivir, which are part of COVID-19 protocol and are non-scheduled, on government intervention, MRPs of various brands of remdesivir have been reduced voluntarily by the major manufacturers/marketers of the remdesivir injection (lyophilized), he added.
Inter-brand maximum retail prices (MRPs) that varied up to Rs 5,400 per vial were brought down to less than Rs 3,500, the minister said.

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