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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...

Pfizer wants to make vaccine in India if faster clearance, export freedom assured -sources

by AIP Online Bureau | Mar 10, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic, Policy, Regulation

  Pfizer Inc has told the Indian government it wants to produce its coronavirus vaccine locally if assured of faster regulatory clearance and freedom on pricing and exports, two sources with direct knowledge of the matter told Reuters. The U.S. company pulled an...

IFSCA to soon come up with SPAC regulatory framework: Injeti Srinivas

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

  New Delhi: International Financial Services Centres Authority (IFSCA) chairman Injeti Srinivas on Wednesday said the regulator will soon come up with Special Purpose Acquisition Companies (SPAC) regulatory framework to facilitate startups raise capital through...

Food systems account for over one-third of global greenhouse gas emissions

by AIP Online Bureau | Mar 10, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts

  Food system emissions were estimated at 18 billion tonnes of carbon dioxide equivalent in 2015, or 34 per cent, though down from 44 per cent in 1990, indicating gradual decline even as these emissions kept increasing.  The report was co-authored by...

5 hacking groups targeting Microsoft’s email servers

by AIP Online Bureau | Mar 10, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology

  San Francisco: At least five different hacking groups, including one from China, are currently attacking vulnerabilities in Microsoft's email servers — described by the US government as "widespread domestic and international exploitation"...

84% of Indians prefer firms that protect personal data

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

  New Delhi, About 84 per cent of Indian consumers would pay more to do business with an organisation that is committed to protecting their data privacy, surpassing the UK (49 per cent), Germany (41 per cent), Spain (36 per cent) and France (17 per cent), said a...

Intranasal Covid vaccine candidate in early clinical stage of development in India: Govt

by AIP Online Bureau | Mar 10, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: An intranasal vaccine candidate (BBV154), being developed by Bharat Biotech, is in early clinical stage of development in India, Minister of State for Health Ashwini Choubey told the Rajya Sabha on Tuesday. Choubey was responding to a question on the...

Delhi government to open special women mohalla clinics

by AIP Online Bureau | Mar 10, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life

  New Delhi: The Delhi government on Tuesday announced that special women mohalla clinics will be opened across the city in the next financial year to offer free gynaecological and other medical care services to them within walking distance from their homes....

India reports 17,921 new coronavirus cases, 133 deaths in last 24 hrs

by AIP Online Bureau | Mar 10, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

New Delhi: India reported 17,921 new COVID-19 cases, 20,652 recoveries, and 133 deaths in the last 24 hours, the Union Health Ministry informed on Wednesday. The cumulative cases in the country reached 1,12,62,707 including 1,84,598 active infections and 1,09,20,046...

 Over 100 liver transplantations done in 10 years: ILBS

by AIP Online Bureau | Mar 9, 2021 | Eco/Invest/Demography, Health, Indian News

  New Delhi: The Institute of Liver and Biliary Sciences (ILBS) claimed on Tuesday to have become the "only government institute" to perform more than 100 pediatric liver transplantations over a period of 10 years. The ILBS, which treats liver-related...
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