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IMA calls for strike on Dec 11 over ayurveda surgery move
Stating that the notification by the Central Council of Indian Medicine to allow the legal practice of surgeries by Ayurveda practitioners and the formation of four committees by Niti Aayog for the integration of all systems of medicine will only lead to “mixopathy”, the IMA demanded an immediate withdrawal of both.
The Union government told the Supreme Court that Ayurveda, unani and homoeopathy practitioners can prescribe drugs for prevention of Covid-19 by boosting immunity but cannot claim that their medicines can cure such patients.
Paytm quashes reports of stake sale by Ant Financial
While reports claimed that Ant Financial is planning to sell its stake in the company, both Paytm and Ant denied them as rumours and called the reports ‘false’ and ‘misleading’.
It has launched new insurance and wealth products which are getting adopted by its users as more people are transacting digitally in India. The progress has helped in instilling more confidence in all its investors and they expect expansion of these services going forward.
Reliance General Insurance and Reliance Nippon Life Insurance put on block, see large PE bidders
For Reliance General Insurance, which is owned 100 per cent by RCAP, there are 18 bidders and prominent among them are, Chryscap, J.C. Flower, Blackstone, KKR, CVC Capital Partners, and Bain Capital.
For Reliance Nippon Life Insurance, in which RCAP owns 51 per cent controlling stake, has received 16 bids, including Bain Capital, NIIF, Arpwood Partners, Dabur Investments, Bandhan Bank, and Multiples Asset Management among others.
COVID-19 caseload breaches 95-lakh mark,death toll climbs to 1,38,648 with 526 new fatalities
The number of people who have recuperated from the disease surged to 89,73,373 pushing the national recovery rate to 94.11 per cent, while the COVID-19 case fatality rate stands at 1.45 per cent.
The active COVID-19 caseload continued to remain below 5 lakh.There are 4,22,943 active coronavirus infections in the country which comprises 4.44 per cent of the total caseload, the data stated.
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