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2nd Chinese Manufacturer Makes Tainted, Carcinogenic Heart Drug: EU

by AIP Online Bureau | Aug 12, 2018 | Health, International News

  The European Medicines Agency (EMA) said on Friday that a second Chinese contract manufacturer, Zhejiang Tianyu, had produced a common blood pressure and heart drug with an impurity that could cause cancer.   The alarm over the valsartan drug was first...

Global commercial insurance prices rise for 3rd consecutive quarter: Marsh

by AIP Online Bureau | Aug 12, 2018 | International News

    Globally, property insurance prices increased 2.3 percent, on average, during the second quarter, which was slightly less than that observed in the previous two quarters, said Marsh’s “Global Insurance Market Index,”  report  ...

China’s new silk road may lead to USSR-like collapse

by AIP Online Bureau | Aug 12, 2018 | International News

  What causes empires to fall? According to one influential view, it’s ultimately a question of investment. Great powers are the nations that best harness their economic potential to build up military strength. When they become over-extended, the splurge of...

PM Modi may push financial inclusion drive in I-Day speech

by AIP Online Bureau | Aug 12, 2018 | Indian News

  New Delhi: Prime Minister Narendra Modi is expected to announce benefits for about 32 crore Jan Dhan account holders in his Independence Day address this week to provide a boost to the government's financial inclusion drive, official sources said. There...

UIDAI plans Aadhaar crash course on risks

by AIP Online Bureau | Aug 12, 2018 | Indian News, Policy, Risk Management

  New Delhi: After TRAI chief's Aadhaar dare ignited a debate on public display of the 12-digit number, the UIDAI is planning a user outreach to sensitise people about the dos and don'ts of sharing their biometric identifier.   The Unique...

FPIs invest Rs 8,500 crore in just 8 sessions in August

by AIP Online Bureau | Aug 12, 2018 | Data

  Mumbai: FPIs infuse Rs 85 bn in capital markets in just 8 trading sessions have pumped in over Rs 85 billion into the Indian capital markets in the last eight trading sessions on improvement in crude oil prices, stabilising rupee and better corporate earnings....

Govt okays water aerodromes; paves way for operation of amphibious planes

by AIP Online Bureau | Aug 12, 2018 | Indian News

  New Delhi: The Civil Aviation Ministry has approved a proposal for setting up of water aerodromes in the country, withChilika Lake in Odisha, Sardar Sarovar Dam andSabarmati River Front in Gujarat being identified in the first phase for development of such...

No more free insurance for train travel, opt out or pay up: Railways

by AIP Online Bureau | Aug 11, 2018 | Indian News

New Delhi: The Indian Railways will not provide free travel insurance to its passengers starting September 1, an official said on Saturday.   A senior Railway Ministry official said that the Indian Railways Catering and Tourism Corporation (IRCTC) has decided to...

718 dead in rains, floods in 7 states during monsoon: Home Ministry

by AIP Online Bureau | Aug 11, 2018 | Indian News

  New Delhi: As many as 718 people have lost their lives in incidents related to floods and rains in seven states during the monsoon season so far, the Home Ministry said on Friday.   According to the ministry's National Emergency Response Centre (NERC),...

SBI to sell up to 4% stake in general insurance arm

by AIP Online Bureau | Aug 10, 2018 | Indian News

  Mumbai:  The State Bank of India (SBI) will start the process of selling up to 4 per cent of its stake in joint venture SBI General Insurance Co, which is planning an initial public offering.   The lender’s move follows the green signal to...
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