In the wake of inordinate delays in adjudication of motor accident...
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Crippling heat wave in India peaks at 50 degrees Celsius in Rajasthan’s Phalodi
The punishing heat in India is straining power grids and drying up...
Ayush ministry’s event on Monday for linking Ayush hospitals with insurance industry
The program will discuss the regulatory framework and policy...
Sebi proposes stricter rules on independent directors
The Securities and Exchange Board of India (SEBI) proposed that if listed companies in India wish to appoint or remove independent directors they should require the “dual approval” of shareholders and a majority of the company’s minority investors.
If either of the requirements are not met, a new person will not be appointed and existing independent directors can’t be removed, SEBI said in its proposal, which is open for public consultation until April 1.
Currently, only 51% shareholder approval is required for appointing or removing such directors in most cases, and no separate sign-off is needed from minority investors.
Rajeswari joins IRDA as member, Distribution
Meanwhile, the government has advertised for the post of member, Finance & Accounts,IRDAI as the incubment Pravin Kutumbe will be retiring on 12th March after completing his three-year term.
Subhash Chandra Khuntia, chairman, IRDAI, will completing his three-year term in May.
NCPCR issues summons to DGCI over lack of uniform test for carcinogenic substances in J&J”s baby products
Time and again the commission has made attempts to seek definite information on the standardised and validated method for analysing the presence of formaldehyde in baby shampoo and asbestos in talcum powder manufactured and marketed by Johnson & Johnson Private Limited, the summons issued by the NCPCR stated.
Extreme weather events put $84 billion of Indian bank debt at risk
The banks flagged exposure to environmentally sensitive businesses including cement, coal, oil and power. They also listed the effects of cyclones and floods on loan repayments in farming and related sectors. Lenders accounted for 87% of the total risk, valued at about $97 billion, across 67 top Indian companies that responded to CDP.
RBI restricting banks from raising stakes in insurance firms: Report
Reserve Bank of India (RBI) rules allow banks to hold up to 50% stakes in insurers and on a selective basis equity holdings can be higher but must eventually be brought down within a certain period.
The central bank in 2019 unofficially advised banks seeking to acquire stakes in insurers, to limit such stakes to a maximum of 30%, and more recently directed them to cap stake purchases in insurers at 20%.
Centre allows all private hospitals to administer Covid-19 vaccine
“Private hospitals not empanelled under the above-mentioned three categories have also been permitted to operate as COVID Vaccination Centres (CVCs) if they have adequate number of vaccinators, adequate space for observation of the vaccinated, adequate cold chain arrangement and adequate arrangement for management of Adverse Events Following Immunisation(AEFI),” the statement said.
In addition to all the government health facilities, all private hospitals empanelled under the CGHS, the AB-PMJAY and the state health insurance schemes can function as CVCs, subject to them mandatorily adhering to certain norms, the statement said.
India reports 14,989 fresh COVID-19 cases
As per the Indian Council of Medical Research (ICMR), as many as 21,84,03,277 samples have been tested for the coronavirus as of Tuesday, including 7,85,220 in the last 24 hours.
Warming will increase frequency of flash droughts in India: IIT study
“We find that flash droughts in India are caused by the monsoon breaks or delayed monsoon and the number of flash droughts will increase in the future,” said Vimal Mishra, Associate Professor of Civil Engineering at IIT Gandhinagar.
People can get vaccinated against Covid-19 24×7, says Harsh Vardhan
“The government has lifted the time restriction to increase the speed of vaccination. People can now get vaccinated 24×7 according to their convenience. Prime Minister Narendra Modi understands the value of health as well as the time of citizens,” Vardhan tweeted.
The next phase of the COVID-19 vaccination commenced from March 1 for people over 60 years of age and those aged 45 and above with specified co-morbid conditions.
Bharat Biotech’s COVID-19 shot 81% effective,Modi’s ministers choose it over AstraZeneca
Many state officials and doctors have refused to take COVAXIN before its effectiveness could be proved. Bharat Biotech says it has completed the late-stage trial and results will be out this month.
“COVAXIN demonstrates high clinical efficacy trend against COVID-19 but also significant immunogenicity against the rapidly emerging variants,” Bharat Biotech Chairman Krishna Ella said in a statement, referring to its vaccine.