by AIP Online Bureau | Aug 24, 2023 | Breaking News!, Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance
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...
by AIP Online Bureau | Aug 12, 2023 | Health, Indian News, Non-Life, Policy, Regulation
Even though doctors are currently required to prescribe generic drugs only, there are no penal provisions mentioned in the regulations issued in 2002 by the Indian Medical Council “Every RMP (registered medical practitioner) should prescribe drugs using generic...
by AIP Online Bureau | Jun 15, 2023 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology
The measure, first proposed in 2021, will govern any product or service that uses an artificial intelligence system. The act will classify AI systems according to four levels of risk, from minimal to unacceptable. Riskier applications, such as for hiring or tech...
by AIP Online Bureau | Mar 12, 2023 | Health, Indian News
Regulations for the conduct of clinical trials for new drugs and medical devices have been brought under the draft bill Currently, the conduct of clinical trials for new drugs and medical devices and the provisions for compensation for injury or death on account of...
by AIP Online Bureau | Feb 25, 2023 | Health, Indian News, Risk Management, Technology
, Vasant Narasimhan,Chief Executive Officer,Novartis ”I think the next step is when you think about how we generate data and how protected that is in regulatory filings. India does not have regulatory data protection,” he said replying to a query....