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Indian
Budget proposals positive for insurance sector: Fitch Ratings
Indian pharma market expected to hit USD 130 billion by 2030: Sadananda Gowda
“India has been serving more than 200 countries with its pharma products and will continue to discharge its responsibilities. We intend to continue formulating plans that are based on sound science, technology, business sense, and ethics,” Gowda said.
Pharmaceuticals are one of the top-10 attractive sectors for foreign investment in India. FDI inflows in the pharmaceuticals sector reached Rs 3,650 crore in 2019-20, recording a growth of 98 per cent year-on-year, he added.
New premium of life insurance firms rises 3.7 pc to Rs 21,390 cr in Jan
The country’ largest life insurer LIC registered a fall of 2.43 per cent in new business premium during January to Rs 13,143.64 crore as against Rs 13,470.91 crore in the year-ago month.,
The remaining 23 private sector players in the life insurance sector collected Rs 8,246.06 crore as first-year premium, up by 15.30 per cent from a year ago.
No provision of insurance for recipients of COVID-19 vaccine: Choubey
The COVID-19 vaccination is entirely voluntary for the beneficiary, Minister of State for Health Ashwini Choubey said in response to a question on whether those administered/to be administered with the COVID-19 vaccines are insured against any kind of side effects or medical complications that may arise due to inoculation.
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