by AIP Online Bureau | Jul 13, 2021 | Health, Indian News, Non-Life, Pandemic, Policy
New Delhi: The government has exempted basic customs duty on imports of specified API/ excipients for Amphotericin B and raw materials for manufacturing Covid test kits. In a notification dated July 12, the Finance Ministry said the basic customs duty exemption...
by AIP Online Bureau | Jul 13, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: The Prime minister Narendra Modi on Tuesday took stock of Covid situation with chief ministers of the north-eastern states and praised them for building infrastructure to combat COVID-19. All the chief ministers acknowledged that the PM Care Fund has...
by AIP Online Bureau | Jul 13, 2021 | Eco/Invest/Demography, Indian News, Life, Non-Life
Mumbai: India formally set up a bad bank as part of the nation’s ongoing efforts to remove one of the world’s largest piles of soured debt from the balance sheet of financiers and accelerate lending. The firm was registered as the National Asset...
by AIP Online Bureau | Jul 13, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
New Delhi: Armed with Supreme Court order, banks may invoke personal guarantees of tycoons ranging from Venugopal Dhoot to Kapil Wadhawan to recover unpaid loans from their delinquent firms, sources said Monday. According to an estimate, top 10 personal guarantors...
by AIP Online Bureau | Jul 13, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, International News
UN: "High costs, coupled with persistently high levels of poverty and income inequality, continue to keep healthy diets out of reach for around three billion people, in every region of the world", added António Guterres, in a statement...
by AIP Online Bureau | Jul 13, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance, Risk Management
London: Japan’s decision to bar spectators from the Tokyo Olympics is likely to cost the global reinsurance sector USD300 million–400 million due to payouts for ticket and hospitality refunds, said Fitch Ratings. The Olympics will take place without...
by AIP Online Bureau | Jul 13, 2021 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Pandemic, Reinsurance, Risk Management, Technology
London: Cyber-attacks and data loss are the top risks facing Directors & Officers (D&Os), with the pandemic serving to heighten the concerns, according to a global survey from Willis Towers Watson and Clyde & Co, a leading global law firm. The...
by AIP Online Bureau | Jul 12, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic
A new single-dose, intranasal COVID-19 vaccine fully protects mice against lethal infection, and also blocks transmission of the SARS-CoV-2 virus in ferrets, a study has shown. The new vaccine, described in the journal Science Advances, is administered through a nasal...
by AIP Online Bureau | Jul 12, 2021 | Facts, Health, Non-Life, Pandemic
Bangkok: Thailand will use AstraZeneca vaccine as a second dose for those who got Sinovac’s shot as their first dose in a bid to increase protection, it said on Monday. The move is the first publicly announced mix-and-match of a Chinese vaccine and a...
by AIP Online Bureau | Jul 12, 2021 | Health, Indian News, Non-Life
NEW DELHI: Healthcare major Abbott on Monday said it has launched Covid-19 home test kit in India for the detection of the SARS-CoV-2 virus in adults and children with or without symptoms at a price of Rs 325 for a single test kit pack. The company will deliver...
