RBI Governor Shaktikanta Das highlighted efforts by the RBI to...
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Centre to conduct thorough check of airports, says Civil Aviation Minister
Union Civil Aviation Minister Ram Mohan Naidu Kinjarapu, who...
Wage negotiations for all PSU general insurers to begin soon
GIPSA informed deputy central labour commissioner on Thursday that...
BBB to interview 5 candidates on Jan 4 to select CMD of Oriental Insurance Company
The shortlisted candidates who will be appearing for the interview for OIC CMD post are – Anjan Dey, director and general manager, GIC Re, Shobha G. Reddy, general manager,National Insurance Company(NIC), M. Bhaskar, general manager GIC Re, Suchita Gupta, GM, GIC Re, Surya Swaroop Saxena, GM, Agriculture Insurance Company of India.
India drug regulator approves AstraZeneca COVID vaccine, country’s first
Cheaper and easier to distribute than rival shots, the AstraZeneca/Oxford vaccine could be a game-changer for global immunisation.
The Central Drugs Standard Control Organization is also considering emergency-use authorisation applications for vaccines made by Pfizer Inc with Germany’s BioNTech, and by India’s Bharat Biotech.
India wants to start administering the vaccine soon, most likely by Wednesday, said one of the sources, both of whom declined to be named ahead of an official announcement expected later in the day.
IFSCA becomes member of International Organization of Securities Commissions
The membership of IOSCO would provide IFSCA the platform to exchange information at the global level and regional level on areas of common interests.
Govt selects Milliman Advisors to ascertain LIC’s embedded value ahead of IPO
LIC needs to develop an Indian Embedded Value (IEV) reporting framework for necessary disclosures for the proposed IPO.
”Government has selected Milliman Advisors LLP India as the Reporting Actuary for the Embedded Value of LIC. Work to start soon,” Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said.
It has already appointed Deloitte and SBI Caps as pre-IPO transaction advisors.
Sensex, Nifty weather tough 2020 with solid gains
The Nifty IT index rallied 55% in 2020, logging its best year since 2013, while the Nifty Phrama index logged a 60.6% rise.
Financials were among the worst performers this year, with the Nifty PSU bank index sliding more than 30%.On Thursday, the IT index closed down 0.32% and the Pharma index settled 0.72% higher.
IDBI Federal Life Insurance rebranded as Ageas Federal Life Insurance after IDBI sells its 27 % stake in the life insurance JV for Rs 510 cr
IDBI Bank has completed execution of an agreement to sell up to 27 per cent stake in its joint venture insurance arm, IDBI Federal Life Insurance Company Limited (IFLI), to the other JV partners Ageas and The Federal Bank Limited, for a consideration of over Rs 500 crore
Health ministry releases communication strategy to support Covid-19 vaccine rollout
“The communication strategy that supports the Covid-19 vaccines rollout in India seeks to disseminate timely, accurate and transparent information about the vaccine(s) to alleviate apprehensions about the vaccine, ensure its acceptance and encourage uptake,” it said.
According to the document, the strategy aims at managing and mitigating any potential disappointment expressed by unmet demand for the vaccine or ‘eagerness’ amongst people and addressing vaccine ‘hesitancy’ that could arise because of apprehensions around vaccine safety, efficacy apart from any other myths and misconceptions.
IndiGo’s servers were hacked, internal documents may get uploaded on public websites
”We would like to make this disclosure that some of our servers were subject to a hacking incident earlier this month,” said India’s largest airline in a statement. Indigo was able to restore systems in a very short span of time with minimal impact, it said.
Our mantra for 2021 is ‘dawai bhi aur kadaai bhi’: PM Modi
“We started working holistically in the health sector. While we stressed on preventive care, on one hand, we also gave priority to modern treatment facilities,” he added. In the last six years, 31,000 new seats have been added in MBBS and 24,000 new seats have been added in post-graduate courses. India is moving towards wholesome changes in the health sector, the Prime Minister stated.
Assessing 2020:Air, water pollution disputes kept NGT busy amid coronavirus
New Delhi, Dec 30: Apex environment adjudication body NGT handled disputes involving multi-disciplinary issues relating to air and water pollution through a smooth digital workflow despite the novel coronavirus pandemic this year resulting in a nationwide...