According to the World Bank, the reforms are expected to result in...
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Delhi airport roof collapse raises concerns over Govt’s massive infra push
The issues cast a harsh spotlight on Modi’s building spree, which...
BJP’s women wing calls for probe into Foxconn India hiring practices
Foxconn hiring agents and HR sources interviewed by Reuters cited...
10 crore Indians’ card data selling on Dark Web: Researcher
“On August 18, 2020, an unauthorised attempt on our servers was detected and terminated when in progress. No card numbers, financial credentials or transaction data were compromised,” a spokesperson of JusPay said in a statement.
India bars virus vaccine maker from exporting
The company also has been barred from selling the vaccine on the private market.
As a result, Adar Poonawalla, Serum Institute’s CEO said, the export of vaccines for COVAX — the ambitious initiative created to ensure equitable access to COVID-19 vaccines set up by the World Health Organization, vaccines alliance GAVI and CEPI, a global coalition to fight epidemics — won’t begin until March or April.
Anjan Dey selected as CMD of Oriental Insurance Company
The BBB has also selected Suchita Gupta, general manger, GIC Re as a stand-by candidate for the post.
Dey and Gupta along with three other candidates were virtually interviewed by the BBB on Monday.
5% obligatory cession for GIC Re in general insurance business to continue in 2021-22:IRDA
Percentage of commission on obligatory cession for different classes of business will be as follows:
i) Minimum 5% for Motor TP and Oil & Energy insurance.ii) Minimum 10% for Group Health insurance iii) Minimum 7.50% for Crop Insurance.iv) Average Terms for Aviation insurance.
v) Minimum 15% for all other classes of insurance business.
India logs 18,177 new coronavirus cases in 24 hours, tally at 1.03 crore
Maharashtra continues to be the worst-hit state till date. Over 70 per cent of the daily new cases are being reported by 10 states and union territory — Kerala, Maharashtra, West Bengal, Chattisgarh, Tamil Nadu, Karnataka, Uttar Pradesh, Madhya Pradesh, Gujarat and Rajasthan. Five States — Kerala, Maharashtra, Uttar Pradesh, West Bengal and Chhattisgarh contribute 62 per cent of the total active cases.
Labour Min seeks feedback on draft model standing orders for manufacturing, mining, service sectors
To provide safeguard to the IT industry, “involvement in unauthorised access of any IT system, the computer network of the employer/ customer/client has been prescribed as misconduct, according to the draft orders.
Approval for vaccines accelerates India”s journey to be COVID-free, says Modi
In a series of tweets after the Drugs Controller General of India (DCGI) approved Oxford”s vaccine Covishield and Bharat Biotech”s Covaxin for restricted emergency use, Modi said it will make every Indian proud that both the vaccines are made in India.
Indian automakers firm up growth plans for 2021 with cautious optimism
Elaborating on the auto retail business, Federation of Automobile Dealers Associations (FADA) President Vinkesh Gulati said despite the current challenges, the auto industry is now at the cusp of entering exciting times as India will once again increase its momentum to achieve the third position globally in passenger vehicle segment.
India’s approval of homegrown vaccine criticised over lack of data
COVAXIN has been fast-tracked like no other vaccine in India. The company said in November it was likely to be launched in the second quarter of 2021, while a government scientist had suggested it might be February or March.
WHO welcomes India”s COVID-19 vaccine approval
“WHO welcomes the first emergency use authorization given to COVID-19 vaccine in the WHO South-East Asia Region. This decision taken today by India will help intensify and strengthen the fight against COVID-19 pandemic in the Region,” said Dr Poonam Khetrapal Singh, the regional director, WHO South-East Asia Region.