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Warren Buffett becomes sixth member of $100 billion club

by AIP Online Bureau | Mar 11, 2021 | Eco/Invest/Demography, International News

Warren Buffett has been a fixture at the top of the world’s wealth rankings for decades, but in recent years he’s slipped down the list as tech fortunes soared and his hot hand cooled. Now, at 90, his net worth has blown past $100 billion. The Berkshire...

Not right time for ‘vaccine passports’: WHO

by AIP Online Bureau | Mar 11, 2021 | Eco/Invest/Demography, Health, International News, Pandemic

Geneva: The so called "vaccine passports" should not be used as a requirement for international travel at the present time due to practical and ethical considerations, a senior World Health Organization (WHO) official has said. Addressing a press conference...

Govt approves creation of PM Swasthya Suraksha Nidhi as single non-lapsable reserve fund for health

by AIP Online Bureau | Mar 11, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life

  New Delhi: The Union Cabinet has approved the Pradhan Mantri Swasthya Suraksha Nidhi (PMSSN) as a single non-lapsable reserve fund for share of health from the proceeds of health and education cess levied under Finance Act, 2007, an official statement said. The...

Only private doctors on Covid-19 duty covered by government insurance: Bombay High Court

by AIP Online Bureau | Mar 11, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

Mumbai: The Bombay High Court on Tuesday refused relief to the widow of a private doctor who died of coronavirus, citing that the Rs 50 lakh insurance cover under a Central scheme included only those private medical practitioners who were drafted for Covid-19 duties....

Under Ayushman Bharat, 3 crore women screened for Cancer

by AIP Online Bureau | Mar 11, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

New Delhi: Smriti Irani,Union Minister of Textiles, on Wednesday said three crore women from poor, rural families have been screened for cervical and breast cancer under the Centre's flagship Ayushman Bharat health scheme in the last two years. Speaking at an...

India’s drug regulator panel eases use condition for home-grown vaccine

by AIP Online Bureau | Mar 11, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

BENGALURU: An expert panel of India’s drug regulator has recommended relaxing norms for the use of a government-backed coronavirus vaccine after it was found to be highly effective in a late-stage trial, the regulator said on its website on Thursday....

Passenger vehicle sales in India up 18% in February, shows SIAM data

by AIP Online Bureau | Mar 11, 2021 | Eco/Invest/Demography, Indian News

  New Delhi: Passenger vehicle sales in India increased 17.92 per cent to 2,81,380 units in February as compared with same month last year, auto industry body SIAM said on Wednesday. Passenger vehicle wholesales in February last year stood at 2,38,622 units. As...

India reports 22,854 new coronavirus cases, 126 deaths in last 24 hrs

by AIP Online Bureau | Mar 11, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: India reported 22,854 new COVID-19 cases, 18,100 recoveries, and 126 deaths in the last 24 hours, the Union Health Ministry informed on Thursday. The cumulative cases in the country reached 1,12,85,561 including 1,89,226 active cases and 1,09,38,146...

Irdai slaps Rs 1 cr penalty on Chola MS General for undue payments to MSIPs

by AIP Online Bureau | Mar 11, 2021 | Indian News, Non-Life, Regulation

Hyderabad: Insurance sector regulator Irdai has imposed a fine of Rs 1 crore on Chola MS General Insurance Company Ltd for violating the guidelines on motor insurance service providers (MISPs). The Insurance Regulatory and Development Authority of India (Irdai) had...

Cabinet clears amendments to Insurance Act for raising FDI to 74%

by AIP Online Bureau | Mar 10, 2021 | Eco/Invest/Demography, Indian News

New Delhi: The Union Cabinet on Wednesday has given its nod for amendments in the Insurance Act, paving way for 74 per cent foreign direct investment in the sector. Currently, the permissible FDI limit in the life and general insurance stands at 49 per cent with...
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