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Indian pharma market expected to hit USD 130 billion by 2030: Sadananda Gowda

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

New Delhi: The Indian pharmaceutical industry has proved to be a dependable supplier of quality drugs in a time of global need on account of the Covid-19 pandemic, and is expected to reach a size of USD 130 billion by 2030, Chemical and Fertiliser Minister D V...

Vaccine passport is the new normal, but it comes with its own problems

by AIP Online Bureau | Feb 9, 2021 | Eco/Invest/Demography, International News

  LONDON: Governments and developers around the world are exploring the potential use of "vaccine passports" as a way of reopening the economy by identifying those protected against the coronavirus. Those developing the technologies however, say such...

Experimental drug can speed up Covid-19 recovery, says new study

by AIP Online Bureau | Feb 8, 2021 | Eco/Invest/Demography, Facts, Health

  TORONTO: Scientists have found that an experimental antiviral drug can significantly speed up recovery in Covid-19 patients who do not need hospitalisation, an advance that may lead to better interventions to treat those infected with the novel coronavirus. The...

India proved wrong all those who raised apprehensions: PM on govt’s handling of Covid-19 pandemic

by AIP Online Bureau | Feb 8, 2021 | Eco/Invest/Demography, Health, Indian News, Policy

NEW DELHI: Prime Minister Narendra Modi on Monday took on the opposition parties for criticising the government's handling of the Covid-19 pandemic, and said India has proved wrong all those who raised apprehensions. Replying to the Motion of Thanks on the...

Health insurance to see higher double-digits growth in medium term: Report

by AIP Online Bureau | Feb 8, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life

  NEW DELHI: The health insurance segment, which has seen strong growth over the last five years, will continue to witness a higher double-digit growth in the medium term helped by low penetration, according to a report. During FY15-FY20, the segment expanded by...

Factbox: What caused the deadly avalanche in the Indian Himalayas?

by AIP Online Bureau | Feb 8, 2021 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Facts, Non-Life

NEW DELHI: An estimated 200 people are missing and 18 are confirmed killed after an avalanche in India’s Himalayan region broke dams, swept away bridges, and left dozens of construction workers trapped in tunnels. Here are answers to some questions on the...

Musk’s Tesla electrifies bitcoin with $1.5 billion bet, car payments pledge

by AIP Online Bureau | Feb 8, 2021 | Eco/Invest/Demography, International News

Elon Musk launched a pair of potential gamechanging shifts for bitcoin on Monday, promising Tesla Inc would take payment for its electric vehicles in the currency soon and revealing it had already bought $1.5 billion worth of it. The announcements, buried deep in...

General insurers allowed `use and file’ way for launching Personal Accident ,Overseas Travel cover 

by AIP Online Bureau | Feb 8, 2021 | Eco/Invest/Demography, Indian News

  Hyderabad: The IRDAI has modified guidelines on product filing procujures for some of the products in the health insurance business. For launching products like Personal Accident insurance,Overseas Travel insurance,Domestic Travel insurance products...

IRDA likely to ask life insurers to launch Index Linked Insurance Products

by AIP Online Bureau | Feb 8, 2021 | Eco/Invest/Demography, Indian News, Regulation

  Hyderabad: Recommending Index Linked Insurance Products (ILIP) in the Indian life insurance market, a working group(WG), constituted by the insurance regulator IRDAI, has said ILIPs could be an apt alternative or complimentary option to the current conventional...

South Africa suspends AstraZeneca vaccine drive

by AIP Online Bureau | Feb 8, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Risk Management

JOHANNESBURG: South Africa has suspended plans to inoculate its front-line health care workers with the Oxford-AstraZeneca vaccine after a small clinical trial suggested that it isn’t effective in preventing mild to moderate illness from the variant dominant in...
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