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NGT imposes Rs 10 crore fine on pharma company Teva API
“Having regard to the nature of violations in the present case and the financial capacity of the unit in question, we determine the compensation amount at Rs 10 crore which amount may be deposited with the District Magistrate within one month.The District Magistrate may keep the amount in a separate account to be spent for restoration of the environment by preparing an action plan for augmentation of the groundwater, afforestation, landscaping, restoration of the drain and offsite emergency plans,” the bench said.
FM Sitharaman emphasises on role of technology in fighting climate change
Economy recovering due to targeted fiscal relief, rapid vaccination: FinMin
Apart from eight relief measures announced in health and other worst affected sectors, Sitharaman announced a stimulus package for the tourism industry, which included five lakh tourist visas to be issued free of charge, once the government resumes issuance. The total financial implication of the scheme will be Rs 100 crore.
Resilient tax collections of the central government in the first two months of FY 2020-21 and sustained momentum in capital expenditure, particularly in the road and rail sector, the report said, augurs well for continued economic recovery driven by capital expenditures.
LGBTQ partners now included in corporate health insurance by insurtech Plum
International
Markel International launches Cyber 360 Policy
India could face productivity loss equivalent to 34 million jobs in 2030 due to global warming: UN
Reinsurers more discerning at mid-year renewals: Willis Re
Almost all buyers were able to secure the capacity they desired at June 1 and July 1, but differentiation between cedants by reinsurers has increased, particularly based on the accuracy of their previous catastrophe loss estimates. Superior pricing and capacity were available to clients seen as preferred trading partners.
AIR publishes its catastrophe exposure data schema publicly
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