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Govt finalises rules under 4 labour codes, reform to be a reality soon

by AIP Online Bureau | Feb 14, 2021 | Eco/Invest/Demography, Health, Indian News, Pension & Social Security, Workplace/Employee Benefits

  New Delhi: The Ministry of Labour and Employment has finalised rules under the four labour codes paving the way for making reforms a reality by notifying those for implementation soon. The four broad codes on wages, industrial relations, social security and...

FinMin to infuse Rs 3,000 cr in general insurance companies this quarter

by AIP Online Bureau | Feb 14, 2021 | Indian News, Non-Life, Policy

  New Delhi: FinMin to infuse Rs 3,000 cr in general insurance companies this quarterNew Delhi, Feb 14 (PTI) The Finance Ministry will infuse Rs 3,000 crore capital into state-owned general insurance companies during the current quarter in a bid to improve their...

Bihar’s Covid data fudge: CM Nitish Kumar accepts negligence in testing

by AIP Online Bureau | Feb 14, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic, Risk Management

  Patna: After fake data entry pertaining to Covid-19 appeared in Bihar, Chief Minister Nitish Kumar said that the investigation has completed in 22 districts of the state and irresponsibility has emerged at one place. "We have directed the Principal...

FPIs invest Rs 22,038 cr in Feb so far amid post-Budget cheer

by AIP Online Bureau | Feb 14, 2021 | Disaster & Management, Indian News

  New Delhi: Continuing their buying trend, foreign portfolio investors (FPIs) have pumped in a net Rs 22,038 crore into the Indian markets in February so far amid positive sentiments around the Union Budget. According to depositories data, overseas investors...

Road crashes in India increase household poverty and debt:World Bank

by AIP Online Bureau | Feb 14, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Risk Management

  NEW DELHI: More than 75 percent of poor households in India reported a decline in their income as a result of a road traffic crash. The financial loss for the poor amounted to more than seven month’s household income, while it was equivalent to less than...

Tesla to set up electric car manufacturing unit in Karnataka

by AIP Online Bureau | Feb 14, 2021 | Eco/Invest/Demography, Indian News, Technology

BENGALURU: Billionaire Elon Musk’s Tesla Inc will set up an electric-car manufacturing unit in the southern Indian state of Karnataka, according to a government document seen by Reuters on Saturday. “The U.S. firm Tesla will be opening an electric car...

Oxford University to test COVID-19 vaccine response among children for first time

by AIP Online Bureau | Feb 14, 2021 | Eco/Invest/Demography, Facts

The University of Oxford has launched a study to assess the safety and immune response of the COVID-19 vaccine it has developed with AstraZeneca Plc in children for the first time, it said on Saturday. The new mid-stage trial will determine whether the vaccine is...

Fully vaccinated people will no longer be required to quarantine after Covid exposure

by AIP Online Bureau | Feb 14, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

  The U.S. Centers for Disease Control and Prevention (CDC) said on Wednesday people who have been given full doses of the coronavirus vaccine no longer need to quarantine after an exposure to someone with the Covid-19 disease. "Fully vaccinated persons who...

Which Covid-19 tests are required for international travel?

by AIP Online Bureau | Feb 14, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

  It depends on where you're going. In an effort to limit the spread of new coronavirus variants, many countries are requiring incoming travelers to show a recent negative test. The U.S., for example, will accept results from either a test that detects the...

Indian drugmaker to pay $50mn in fine for destroying records before FDA inspection

by AIP Online Bureau | Feb 14, 2021 | Eco/Invest/Demography, Health, Indian News

  Washington: An Indian drug manufacturer has agreed to plead guilty to concealing and destroying records prior to a 2013 US Food and Drug Administration's inspection of its plant and pay USD 50 million in fines and forfeiture, the Department of Justice has...
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