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IRDAI directions for insurers on fraudulent calls

by AIP Online Bureau | Mar 27, 2021 | Eco/Invest/Demography, Indian News, Regulation

Chennai: India's insurance sector regulator has directed all insurers to register their template of messages with their telecom service providers to control unsolicited and fraudulent messages to policyholders. Pointing out at the menace of spam calls and messages...

India will have heterogeneous banking sector in a decade with four types of banks: Shaktikanta Das

by AIP Online Bureau | Mar 27, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation

  Mumbai: The Reserve Bank foresees a "competitive, efficient and heterogeneous" banking sector with four distinct sets of banks dominating the landscape over the next decade, its governor Shaktikanta Das said on Thursday. There will be large banks...

There’s need to integrate various regulatory agencies with single-window system: Pharma secy

by AIP Online Bureau | Mar 27, 2021 | Health, Indian News, Policy, Regulation

New Delhi: There is a need for integration of various regulatory agencies with a single-window system for the medical devices industry, other than incentives for domestic production, a senior government official said on Thursday. The medical devices industry, which is...

US adds India to list of countries affected by African swine fever

by AIP Online Bureau | Mar 27, 2021 | Eco/Invest/Demography, Health, Indian News

Washington: The United States has notified that India has been added to the list of countries that have been affected by African swine fever, imposing restrictions on the import of pork and pork products from the country. In a federal notification issued on Thursday,...

Serum Institute delays expected launch of Novavax vaccine in India

by AIP Online Bureau | Mar 27, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

  NEW DELHI: The launch in India of a new COVID-19 vaccine developed jointly by the Serum Institute of India and U.S.-based biotech firm Novavax is likely to be delayed to September, the Indian company’s boss said on Saturday.Adar Poonawalla, the chief...

Increase testing, Centre to 12 states, UTs reporting surge in cases as India records sharpest weekly rise since May last

by AIP Online Bureau | Mar 27, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy

  New Delhi: :As India recorded the sharpest rise in weekly COVID-19 cases since May last, the Centre on Saturday came out with a five-point containment strategy for the 12 states and union territories reporting a surge that included an exponential increase in...

62,258 new Covid-19 cases,Six states account for 79.57 per cent of fresh infections

by AIP Online Bureau | Mar 27, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: The country saw 62,258 new cases being registered in the last 24 hours, the highest single day rise so far this year, according to the ministry. Maharashtra has reported the highest daily new cases at 36,902 followed by Punjab (3,122) and...

Courtrooms to shrink in future thanks to technology: CJI

by AIP Online Bureau | Mar 27, 2021 | Eco/Invest/Demography, Indian News

  Panaji: Chief Justice of India S A Bobde on Saturday said that courtrooms and court complexes would become smaller in future due to technological interventions. He also said that although the coronavirus pandemic has posed challenges in access to justice, it...

Vaccines may need regular updates as coronavirus evolves, say scientists

by AIP Online Bureau | Mar 27, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

  Berlin: Scientists have assessed the course of evolution of the novel coronavirus and predicted that COVID-19 vaccines currently in use across the world may need regular updates to counter new variants of the virus which are capable of escaping the...

Fire at Mumbai hospital: FIR names HDIL’s Wadhawans

by AIP Online Bureau | Mar 27, 2021 | Indian News, Risk Management

  Mumbai: As the fire at a Bhandup mall which claimed the lives of nine COVID-19 patients admitted at the hospital in the same building was finally doused on Saturday, a case has been registered against HDIL promoter Rakesh Wadhawan and five others for `culpable...
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