Policy

Govt extends retirement age of LIC chairman from 60 to 62, Kumar to get an extension soon

Indian News       May 10, 2021

  New Delhi: Even as Life Insurance Corporation(LIC) is gearing up for a mega IPO during the current fiscal, MR Kumar, chairman,LIC, is set to get an extension of one or two years as government has extended the retirement age for the post from 60 to...

EU top court upholds ban on Bayer pesticides linked to harming bees

International News       May 07, 2021

  BRUSSELS: The European Union’s top court on Thursday upheld the EU’s partial ban on three insecticides linked to harming bees, preventing their use on certain crops. The European Court of Justice dismissed an appeal by Bayer to overturn a lower EU court’s 2018 decision to...

U.S. reverses stance, backs giving poorer countries access to COVID vaccine patents

International News       May 06, 2021

  President Joe Biden on Wednesday threw his support behind waiving intellectual property rights for COVID-19 vaccines, bowing to mounting pressure from Democratic lawmakers and more than 100 other countries, but angering pharmaceutical companies. Biden voiced his support for a waiver - a sharp reversal of...

India's fiscal response to COVID conservative, need large stimulus: Report

Indian News       May 06, 2021

  Bengaluru: India's fiscal response to the COVID-19 pandemic has so far been conservative, according to a new report, which suggested a Rs 5.5 lakh crore stimulus package to deal with the crisis. Bold measures will be required to emerge stronger from the crisis, said the...

IRDAI suggests model insurance villages to increase insurance penetration in rural areas

Indian News       May 03, 2021

  New Delhi: The Insurance Regulatory and Development Authority of India (IRDAI) has suggested setting up model insured villages throughout the country to increase insurance penetration in rural areas. The concept of setting up model insured villages was mooted by the IRDAI in a discussion paper...

Vaccine pricing policy may create disparity, revisit it: Supreme Court directs Centre

Indian News       May 03, 2021

  New Delhi: The Supreme Court has directed the Centre to revisit its COVID-19 vaccine pricing policy, saying it would prima facie result in a detriment to the right to public health. A bench headed by Justice D Y Chandrachud said as of date, the manufacturers...

Vehicle ownership transfer: Road ministry notifies changes in motor vehicle rules

Indian News       May 02, 2021

  New Delhi: The Ministry of Road Transport and Highways has notified certain changes in the Central Motor Vehicles Rules, 1989 to facilitate the owner of a vehicle for nominating a person in the registration certificate, which would help the motor vehicle to be registered or...

Over 80K people in 18-44 age group vaccinated on May 1: Centre

Indian News       May 02, 2021

NEW DELHI: The Health Ministry said 84,599 beneficiaries in the 18-44 age group received their first dose of coronavirus vaccine in the country on Saturday. A total of 16,48,192 vaccine doses were given till 8 pm on Saturday, the 106th day of the inoculation drive,...

Brazil pharma flags 'retaliation' risk over bill to drop vaccine patents

International News       May 02, 2021

  Brazilian pharmaceutical associations on Friday called for lawmakers to reject a bill that seeks to suspend Covid-19 vaccine patents, saying it could spark international retaliation and reduce medical supplies in Latin America's biggest country. Brazil's Senate passed the proposal on Thursday night, sending it to...

Centre says 1.22 bn doses needed to inoculate people in 18-45 age group

Indian News       May 02, 2021

  New Delhi: The Centre has told the Supreme Court that a total of 122 crore doses of COVID-19 vaccine would be required to vaccinate a population of 59 crorein the age group of 18 to 45 years. In an affidavit filed before the top court,...

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