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Indian

Govt to support 75 startup innovations for healthcare challenges

Sep 28, 2021

Union Science and Technology Minister Jitendra Singh said India’s bio-economy is on its way to achieving the USD 150 billion target to contribute effectively to Prime Minister Narendra Modi’s vision of a 5 trillion dollar economy by 2024-25.

LIC seeks to appoint CFO before its mega IPO planned in 2021/22

Sep 28, 2021

LIC is currently under going a valuation exercise for an IPO that could be India’s biggest ever as the government seeks to raise around 900 billion Indian rupees by selling 5%-10% stake in the company by the end of the fiscal year that runs through March.

DCGI allows Serum to enrol 7-11 year olds in Covid vaccine trial

Sep 28, 2021

“After detailed deliberation, the committee recommended for allowing enrolment of subjects of 7 to 11 years of age group as per the protocol,” a subject expert panel of the Central Drugs Standard Control Organization said.

WHO’s emergency use authorisation for Covaxin further delayed: Report

Sep 28, 2021

The sources further said that the UN public health agency has asked for more data from Bharat Biotech for Covaxin.

This delay will affect Indians especially students and who have international travel plans. The EUA is important because without it Covaxin will not be accepted by most countries.

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International

Caronavirus Pandemic:Aviation cover cost up by 20-25%

Apr 6, 2020

Singapore has the largest number of planes standing idle at airports, at 205, with Hong Kong second at 178, the report by insurance broker Gallagher said.

There are 158 planes on the ground in Madrid though only 40 in New York, with planes at the world’s 20 biggest airports having a total insured value of $164 billion.

Insurers globally say forced payouts for excluded virus losses risk destabilizing industry

Apr 6, 2020

The Global Federation of Insurance Associations (GFIA) said insurers were committed to paying out on policies but said they should not be asked to cover areas where no contract existed.

Britain unlikely to lift coronavirus lockdown until end of May: Govt expert

Apr 5, 2020

Almost one million people have applied for welfare benefits in just two weeks in Britain, according to official data that shows the economy is set for a depression that could be worse than the slump in the 1930s.

Caronavirus Pandemic:Trump wants India to release US order of hydroxychloroquine

Apr 5, 2020

When Trump spoke at the daily briefing of the White House Coronavirus Task Force in Washington, the number of those in the US affected by the virus had reached 311,357, an increase of 34,196 since Friday, according to Worldometers.com. The total number of deaths from the virus was 8,452.

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Briefs