SIRC 26
Indian
J&J seeks emergency use nod for COVID-19 vaccine in India
Indian health authorities have so far approved the use of vaccines developed by AstraZeneca, Bharat Biotech, Russia’s Gamaleya Institute and Moderna.
The government and Moderna are still trying to sort out issues over imports of the vaccine and indemnity, a top executive at Indian drugmaker and Moderna’s local distribution partner Cipla told Reuters in an interview on Friday.
India withdraws controversial retrospective tax bill, to settle tax disputes with global firms
“This decision helps to clarify our position with the investors,” said Tarun Bajaj, revenue secretary at the finance ministry, channel, adding it would help solve pending cases with Cairn Energy and Vodafone if they withdraw litigation and meet certain conditions.
The government’s proposed amendment in the law comes after a French tribunal last month ordered a freeze on some 20 centrally located properties belonging to the Indian government as part of a guarantee of the amount owed to Cairn.
COVID-19: Orphaned children aged upto 18 to get free health insurance of Rs 5 lakh
Judge-population ratio stood at 21.03 judges per million people in 2020
The judge-population ratio in 2018 stood at 19.78 judges per million people and 20.39 in 2019, Law Minister Kiren Rijiju told the Upper House in a written reply.
In order to calculate the judge-population ratio for per million population in a particular year, the Department of Justice in the Ministry of Law, uses the population count as per 2011 census and available information regarding sanctioned strength of judges in Supreme Court, high courts, district and subordinate courts, in the particular year, he said.
International
Bermuda’s Catalina Holdings acquires Asia Capital Re
Consequently, ACR will cease writing business with immediate effect and all existing policies in force will be serviced until expiry. ACR said it will continue to honour all valid reinsurance quotes, as well as liabilities from outstanding commitments.Catalina said that it intends to use ACR and Singapore as a hub to build a strong Asian run-off platform.
Lloyd’s launches new space risk product and new analysis of the space sector
Global carbon emissions slower than 2018, linked to India’s economic slowdown: Study
“Policies have been successful to varying degrees in deploying low-carbon technologies, such as solar, wind and electric vehicles. But these often add to existing demand for energy rather than displacing technologies that emit CO2, particularly in countries where energy demand is growing,” said study co-author Corinne Le Quere from the University of East Anglia in the UK.
Could life insurance go up in smoke for some vapers?
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