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SC asks Centre to respond to pleas on unethical marketing practices by pharma companies
A bench of Justice DY Chandrachud and Justice AS Bopanna was informed that makers of Dolo-650 mg tablet had invested Rs 1,000 crore in freebies to have its anti-fever drug prescribed to patients The apex court then asked the Central government to file a reply within...
PSU general insurers plan major organisational revamping
The new structure will follow-Operating Offices/Claims Hubs/Regional and Head Offices and scraped the older four tier structure - Branch/Divisional/Regional/Head Offices. And, over a period of time, the regional offices may also vanish Chennai: The four Central...
Munich Re retains its top position, Asian reinsurers lose rankings in AM Best’s 2022 global list
All the top three Asian reinsurers, China Re, Korean Re and GIC Re, have lost their global rankings in 2022. Korean Re, which have been in the 10th place in 2020, fell off to 13th this year owing to currency position. Despite premium growth of around 7 per cent, China...
Climate risks make Australian home insurance costlier
On average, Australians living in high-risk areas like northern Queensland pay A$3,000 ($2,100) in annual premiums, or double that of residents in the rest of the country, an Actuaries Institute report released on Wednesday showed. Australia’s mounting extreme weather...
UK water supplier hit by ‘Extremely Concerning’ cyber attack, vulnerabilities of critical infra exposed
Cybersecurity experts said the breach was alarming but cautioned that it wasn’t clear how deeply the hackers had penetrated the system and whether there may have been controls in place that could have prevented unauthorized tampering with water supplies A company that...
RBI seeks public feedback on changes in payment systems
The focus of RBI's initiatives in the payment systems has been to ease frictions which may arise from systemic, procedural or revenue-related issues. While there are many intermediaries in the payments transaction chain, consumer complaints are generally about high...
Airlines need to strictly enforce COVID-19 protocol, including mask mandate: DGCA
Airlines have to ensure that passengers are wearing face masks properly throughout the journey and there is proper sensitisation of passengers through various platforms, it mentioned New Delhi: Aviation regulator DGCA on Wednesday asked all Indian carriers to strictly...
India may delay coal plant closures in blow to climate action
Under the proposals being considered, India’s coal plants -- which currently account for almost 70% of electricity generation -- would continue to handle peak evening power demand, even as solar and wind projects become increasingly able to fulfill day-time...
Monkeypox cases jump globally; see 20% rise to over 35k cases, 12 deaths
According to Rosamund Lewis, the WHO's monkeypox technical lead, there are reports of breakthrough cases in which people who received the shots after exposure to the virus are still falling ill as well as individuals becoming infected after receiving the vaccine as a...
Centre blocks 8 YouTube channels for spreading disinformation against India
The channels that were blocked under the Information Technology Rules-2021 include seven Indian news channels The blocked YouTube channels had over 114 crore views; and 85.73 lakh subscribers and the content was being monetised, an official statement said New Delhi;...
Govt restores lifetime free health cover for GMDs affected by Delhi HC verdict on BBB
The GIPSA, the coordinating agency for four PSU general insurers and GIC Re, on Tuesday has informed that the department of financial services has agreed to revive the free health cover facilities for GMDs who were affected by the Delhi HC judgment in ``Ravi Vs Union...
India home to 18 of 20 cities with most severe increase in PM2.5 pollution: Study
Among the most populous cities in each region, Delhi and Kolkata featured in the top 10 with the highest PM2.5-related disease burden in 2019 Breathing even low levels of pollution over time can produce a myriad of health effects, including reduced life expectancy,...
Sensex reclaims 60,000 mark after 4 months, investors richer by Rs 25 trillion
"Declining US inflation, confidence that the Fed need not have to aggressively raise rates and the increasing probability of a soft landing of the US economy are supporting this rally. In India, steadily declining inflation, strong growth momentum in the economy and...
Odisha flood situation grim; 2 lakh people affected
Special Relief Commissioner (SRC) P K Jena said that as per preliminary data, two lakh people have been affected due to the flood while around 24,000 hectares of farmland have been hit. Of them, 1.20 lakh people in 237 villages were marooned and over 26,000 people...
Civil aviation sector’s safety, security ‘paramount’: Jyotiraditya Scindia
Union minister Jyotiraditya Scindia. "We make sure that every occurrence is reported, whether it is a very minor issue or any other thing. The safety and security for us as a civil aviation ministry is paramount. It is the primary responsibility of airlines. For both...
Canara HSBC Life Insurance launches Customer Mobile App
Canara HSBC Life Insurance launched customer mobile App ‘Canara HSBC Life Insurance App’ available on android, iOS devices and web portal on the 75th Independence Day of India. Anuj Mathur, MD & CEO, Canara HSBC Life Insurance said, “The launch of the App will...
Reliance Gen launches its official jingle
Reliance General Insurance, launched its official jingle to celebrate #FreedomToCustomise in insurance on the occasion of the Country’s 75th Independence Day on 15th August. Anand Singhi, chief distribution officer, Reliance General Insurance, said,`` We felt it would...
ManipalCigna Health Insurance launches online calculator
ManipalCigna Health Insurance today announced the launch of ‘ManipalCigna Sahi Cover, Discover, a uniquely designed online calculator which is tailored to help people choose the right health insurance coverage for their needs. Sapna Desai, head of marketing and...