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IRDAI issues draft guidelines on trade credit insurance

by AIP Online Bureau | Apr 7, 2021 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: The IRDAI on Wednesday proposed a regulatory framework to facilitate general insurance companies to offer trade credit insurance covers to suppliers as well as licensed banks and other financial institutions to help businesses manage country risk....

India’s richest man Ambani fined for irregularities in Reliance share issue

by AIP Online Bureau | Apr 7, 2021 | Indian News, Regulation, Risk Management

MUMBAI: India’s market regulator fined Reliance Industries Chairman Mukesh Ambani and others 250 million rupees ($3.36 million) on Wednesday over irregularities in a two-decade-old share issue in the company. Ambani, the country’s richest man, his family...

Gadkari flags off 90 ambulances for road accident victims

by AIP Online Bureau | Apr 7, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life

  New Delhi: Union Minister Nitin Gadkari on Wednesday flagged off 90 basic care ambulances that will provide medical assistance to road accident victims in some states and union territories. These ambulances have been procured at a cost of Rs 18.63 crore. The 90...

Britain recommends non-AstraZeneca vaccine alternative to under-30s

by AIP Online Bureau | Apr 7, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

London: Britain should not give Oxford University/AstraZeneca's vaccine to under 30s where possible, Britain's Joint Committee on Vaccination and Immunisation (JCVI) said on Wednesday, due to a very rare side effect of blood clots in the brain. The Sun...

Harsh Vardhan hits out at Maharashtra, accuses it of trying to cover “failures” by spreading panic on vaccines

by AIP Online Bureau | Apr 7, 2021 | Eco/Invest/Demography, Health, International News, Pandemic

New Delhi: Union Health Minister Harsh Vardhan on Wednesday hit out at Maharashtra and some other states, alleging them of trying to cover their “failures” and spreading panic among people by demanding vaccination of all without inoculating enough of...
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