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No new Bill on insurance reforms in Winter Session of Parliament

No new Bill on insurance reforms in Winter Session of Parliament

by AIP Online Bureau | Nov 21, 2024 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Non-Life

Indian insurance industry is expecting legislative measures allowing 100 % FDI and launching new systems like composite license’, differential capital’, reduction in solvency norms’, captive license, change in investment regulations, one-time...

Govt asks manufacturers to cut price of 3 anti-cancer drugs

by AIP Online Bureau | Oct 29, 2024 | Eco/Invest/Demography, Health, Indian News, Policy, Regulation

In line with the government’s commitment to ensure the availability of drugs at affordable prices, the National Pharmaceutical Pricing Authority (NPPA) has issued an office memorandum directing the concerned manufacturers to reduce the MRP on three anti-cancer...

Govt floats draft bill to amend arbitration law, adds proviso for emergency arbitration

by AIP Online Bureau | Oct 27, 2024 | Eco/Invest/Demography, Indian News, Policy

The Department of Legal Affairs in the law ministry has invited comments on the draft Arbitration and Conciliation (Amendment) Bill, 2024, saying “the aim and purpose is to provide further boost to institutional arbitration, reduce court intervention in...

Govt allows non-forest depts to undertake disaster prevention work in forest areas

by AIP Online Bureau | Oct 2, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Policy

In a letter to states and Union territories on Tuesday, the ministry said that according to the Van (Sanrakshan Evam Samvardhan) Adhiniyam, 1980, and related guidelines, certain forestry activities can be carried out in forest areas in emergency situations, such as...

Odisha govt allows maternity, paternity leaves for those opting for surrogacy

by AIP Online Bureau | Sep 28, 2024 | Data, Policy, Workplace/Employee Benefits

According to the notification issued by the state Finance Department on Thursday night, female employees can avail of 180 days of leave while male staffers will be entitled to 15 days of paternity leave Bhubaneswar: The Odisha government has decided to grant maternity...
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