J P Nadda,, Union health minister ``Before 2017, we had a policy of...
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Foreign investors returning to Indian equity markets in April
This month (till April 24), FPIs purchased equities worth Rs...
UK polluting water bosses face up to two years in prison
The new measure delivers on the government’s promise to bring...
Regulations mandating doctors to prescribe generic drugs put on hold
The regulations made it mandatory for doctors to prescribe only generic drugs and barred them from accepting gifts from pharma companies or endorsing any drug brands New Delhi: The newly-notified Registered Medical Practitioner (Professional Conduct) Regulations,...
IRDAI lowers capital of FRBs to Rs 50 cr from Rs100 cr, order of preference streamlined to 4 levels from 6
This comprehensive regulatory overhaul is strategically designed to position India as a prominent global reinsurance hub. The revised Order of Preference for International Financial Services Centre Insurance Offices (IIOs), coupled with simplified regulations and...
Cryptoassets increase risk in developing economies: BIS study
“Cryptoassets hold out the illusory appeal of being a simple and quick solution for financial challenges” especially in emerging markets, but “have so far not reduced but rather amplified the financial risks in less developed economies,” the BIS report showed...
China’s Xian sends ‘sweet love’ messages to encourage baby making
The message comes as China's government tries to encourage young couples to have children, as an increasing number of women put off having children or opting to have none at all Many women cite the high cost of childrearing, difficulty in continuing on their career,...
Australia’s spending on public pensions to be lowest in OECD as private system takes strain
The number of Australians aged 65 and over will double by 2063 but spending on public pensions will decline to 2% of GDP over the same period, from 2.3% today, thanks to the private pension system, according to excerpts from the "Intergenerational Report 2023" seen by...
Govt announces car safety rating to cut accident rate
Under the new system, cars will be assigned a rating of one to five stars based on crash tests and other safety parameters, to help buyers make an informed decision and encourage car makers to upgrade their safety standards.The move is also expected to bring cars in...
COVID-19 still a global health threat, new variant under scanner: WHO chief
Although COVID-19 is no longer a global health emergency, it remains a global health threat. WHO has recently classified a new variant with a large number of mutations. BA.2.86 variant is under monitoring at present, highlighting once again the need for all countries...
Moody’s affirms India’s sovereign rating flags risks of populist policies due to rising political tensions
All three global rating agencies, Fitch, S&P and Moody’s, have the lowest investment grade rating on India, with a stable outlook. The ratings are looked at by investors as a barometer of a country’s creditworthiness and affect borrowing costs New DelhI: Moody's...
Global Fintech Festival 2023 aims to aid startups bag USD 10 mn in funding
Union Finance Minister Nirmala Sitharaman, Commerce and Industry Minister Piyush Goyal, RBI Governor Shaktikanta Das, Sebi chairperson Madhabi Puri Buch, Irdai chairman Debasish Panda and SBI chairman Dinesh Khara will be among the speakers at the event Mumbai: Global...