Indian
10-yr old PEs with $100 million investible funds allowed to promote Indian re/insurance companies: IRDAI
The new regulations are proposing major changes in Indian insurers'...
IRDAI extends ‘Use and File’ procedure to `miscellaneous products’ with SA up to Rs 5 crores
Earlier, though the products with a sum assured above Rs 5 crore...
Inter-Regulatory Technical Group on FinTech issues norms for approving hybrid regulatory Sandbox
In order to facilitate testing of innovative products/services...
Maha drug regulator orders sample checks on all oral liquid solutions
Maharashtra drug regulator's direction comes a day after Indian...
International
World economy risks ‘dangerously diverging’ even as growth booms
For the year as whole, Bloomberg Economics forecasts growth of 6.9%, the quickest in records dating back to the 1960s. Behind the buoyant outlook: a shrinking virus threat, expanding US stimulus, and trillions of dollars in pent-up savings.
Much will depend on how fast countries can inoculate their populations with the risk that the longer it takes the greater the chance the virus remains an international threat especially if new variants develop. Bloomberg’s Vaccine Tracker shows while the US has administered doses equivalent to almost a quarter of its people, the European Union has yet to hit 10% and rates in Mexico, Russia and Brazil are less than 6%.
Global Covid-19 caseload tops 130mn mark
In its latest update on Saturday morning, the University’s Center for Systems Science and Engineering (CSSE) revealed that the current global caseload and death toll stood at 130,114,348 and 2,836,446, respectively.
The US is the worst-hit country with the world’s highest number of cases and deaths at 30,606,649 and 554,069, respectively, according to the CSSE.
Measles resurgent in Congo eight months after epidemic declared over
Cybercriminal hacks vaccine marketplace, makes over $752K
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