by AIP Online Bureau | Mar 11, 2021 | Eco/Invest/Demography, Indian News
New Delhi: Passenger vehicle sales in India increased 17.92 per cent to 2,81,380 units in February as compared with same month last year, auto industry body SIAM said on Wednesday. Passenger vehicle wholesales in February last year stood at 2,38,622 units. As...
by AIP Online Bureau | Mar 11, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: India reported 22,854 new COVID-19 cases, 18,100 recoveries, and 126 deaths in the last 24 hours, the Union Health Ministry informed on Thursday. The cumulative cases in the country reached 1,12,85,561 including 1,89,226 active cases and 1,09,38,146...
by AIP Online Bureau | Mar 11, 2021 | Indian News, Non-Life, Regulation
Hyderabad: Insurance sector regulator Irdai has imposed a fine of Rs 1 crore on Chola MS General Insurance Company Ltd for violating the guidelines on motor insurance service providers (MISPs). The Insurance Regulatory and Development Authority of India (Irdai) had...
by AIP Online Bureau | Mar 10, 2021 | Eco/Invest/Demography, Indian News
New Delhi: The Union Cabinet on Wednesday has given its nod for amendments in the Insurance Act, paving way for 74 per cent foreign direct investment in the sector. Currently, the permissible FDI limit in the life and general insurance stands at 49 per cent with...
by AIP Online Bureau | Mar 10, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic, Policy, Regulation
Pfizer Inc has told the Indian government it wants to produce its coronavirus vaccine locally if assured of faster regulatory clearance and freedom on pricing and exports, two sources with direct knowledge of the matter told Reuters. The U.S. company pulled an...