by AIP Online Bureau | Jan 20, 2022 | Health, Indian News, Pandemic, Policy, Regulation
“The Subject Expert Committee (SEC) on COVID-19 of the Central Drugs Standard Control Organisation (CDSCO) which reviewed SII and Bharat Biotech’s application for the second time on Wednesday has recommended granting regular market approval to Covishield...
by AIP Online Bureau | Jan 20, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The benchmark Sensex is trading deep in the red for the third consecutive session. The Sensex had lost 656 points and 554 points in the previous two trading sessions, respectively Mumbai: The Indian equities markets key indices tumbled for the third straight day on...
by AIP Online Bureau | Jan 20, 2022 | Health, Indian News, Pandemic
The country has so far registered 9,287 cases of COVID-19 variant Omicron. There is an increase of 3.63 per cent in its cases since Wednesday, as per the ministry. To detect the presence of the virus, 19,35,180 tests were conducted in the last 24 hours New Delhi:...
by AIP Online Bureau | Jan 19, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
According to a study conducted by the Patriotic Millionaires together with Oxfam and other non-profits, a progressive wealth tax starting at 2% for those with more than $5 million and rising to 5% for billionaires could raise $2.52 trillion, enough globally to lift...
by AIP Online Bureau | Jan 19, 2022 | Eco/Invest/Demography, Indian News
”The Indian insurance industry’s growth prospects are favourable, underpinned by an expected 9.3 per cent GDP expansion in fiscal 2021, which ends March 2022, and by strong demand for health insurance in the wake of the pandemic,” Moody’s...
by AIP Online Bureau | Jan 19, 2022 | International News, Non-Life, Regulation, Reinsurance
Britain’s upper chamber of parliament, the House of Lords, said late last week that its Industry and Regulators committee of lawmakers was launching an inquiry into the regulation of the London insurance market and how to improve the regulatory set-up for the...
by AIP Online Bureau | Jan 19, 2022 | Indian News, Risk Management, Technology
Air India stated on Twitter that it won’t be operate eight India-US flights on Wednesday “due to deployment of the 5G communications in the US”. These eight Air India flights were: Delhi-New York, New York-Delhi, Delhi-Chicago, Chicago-Delhi, Delhi-...
by AIP Online Bureau | Jan 19, 2022 | Indian News, Policy
Both the government and the Insurance Regulatory and Development Authority of India are working together on how to drive the penetration of products, innovation and distribution, he said. said Saurabh Mishra,Joint Secretary,Department of Financial Services New Delhi:...
by AIP Online Bureau | Jan 19, 2022 | Indian News, Non-Life
Bhargav Dasgupta, managing director and CEO, ICICI Lombard General Insurance said that the profit was crimped by the rising cost pressure from marketing expenses as a section of the industry has been going aggressive on this front whittling the higher gains from...
by AIP Online Bureau | Jan 19, 2022 | Indian News, Regulation
Officials of Directorate General of Civil Aviation (DGCA) said that the two IndiGo planes — 6E455 (Bengaluru to Kolkata) and 6E246 (Bengaluru to Bhubaneswar) — were involved in ‘breach of separation’ at Bengaluru airport. Breach of separation...
