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India needs to diversify pharma raw material imports, up R&D spends: RBI paper

by AIP Online Bureau | Jul 16, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life

  Mumbai: The Covid-19 pandemic has been a “stress test” for the Indian pharma industry, and exposed its high dependence on imported raw materials and “surprisingly low” research and development efforts, a paper in RBI's July bulletin...

U.S. launches online hub to help ransomware victims

by AIP Online Bureau | Jul 16, 2021 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

The U.S. government on Thursday unveiled an online hub for the victims of ransomware attacks, saying it will make it easier for companies and municipalities to find resources and get assistance if they are targeted by cyber hackers. At the same time, the government...

SC asks UP to reconsider its decision to hold even ‘symbolic’ Kanwar Yatra

by AIP Online Bureau | Jul 16, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: The Supreme Court on Friday asked the Uttar Pradesh government to apprise it by July 19 on whether it would reconsider its decision to hold a symbolic Kanwar Yatra in the state, saying the right to life is paramount. A bench of Justices RF Nariman...

IFSCA forms expert panel to develop a Longevity Finance Hub in GIFT City

by AIP Online Bureau | Jul 16, 2021 | Eco/Invest/Demography, Indian News, Life, Pension & Social Security

  Ahmedabad: The International  Financial  Services  Centres  Authority (IFSCA), in its endeavour to develop a Longevity Finance Hub in GIFT city,has constituted an expert committee to recommend approach towards development of Longevity...

RBI to unveil first financial inclusion index: Das

by AIP Online Bureau | Jul 16, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life

  Mumbai: RBI Governor Shaktikanta Das on Thursday said financial inclusion will continue to be a “policy priority” for the central to make the post-pandemic recovery more equitable and sustainable. The Reserve Bank of India will very soon be coming...
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