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Of 90 medicines for cancer, India gives out 42 at cheapest rates: Health Minister Mandaviya

Of 90 medicines for cancer, India gives out 42 at cheapest rates: Health Minister Mandaviya

by AIP Online Bureau | Sep 28, 2023 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

‘We are increasing (the number of) cancer hospitals and tertiary care facilities. Our approach towards the health sector is holistic. We have increased (the number of) MBBS and post-graduate medical seats and colleges, and created medical educational resources....
Prashant Tripathy reappointed as Max Life’s MD & CEO for another 5-yrs

Prashant Tripathy reappointed as Max Life’s MD & CEO for another 5-yrs

by AIP Online Bureau | Sep 28, 2023 | Indian News, Life

Prashant Tripathy, MD and CEO, Max Life Tripathy’s deputy V. Viswanand, deputy managing director at Max Life has decided to move on and has already put in his papers New Delhi: Max Life Insurance has announced the reappointment of Prashant Tripathy as the MD and...
Tax Troubles: General insurers get Rs18,000 crore of demand notices from GST authorities on reinsurance & coinsurance deals

Tax Troubles: General insurers get Rs18,000 crore of demand notices from GST authorities on reinsurance & coinsurance deals

by AIP Online Bureau | Sep 28, 2023 | Indian News, Non-Life, Policy, Regulation, Reinsurance

“The alleged demand and the impugned Show Cause Cum Demand Notice pertains to non-payment of GST on the Co-insurance premium accepted as follower in case of coinsurance transactions and non-payment of GST on re-insurance commission accepted on the reinsurance...

In major blow to TikTok, Indonesia bans e-commerce transactions on social media

by AIP Online Bureau | Sep 28, 2023 | Eco/Invest/Demography, International News, Policy, Regulation

Trade Minister Zulkifli Hasan told reporters the regulation, which takes effect immediately, is intended to ensure “fair and just” business competition, adding it was intended also to ensure data protection of users Jakarta: Indonesia has banned e-commerce...

About 70 pc of premature cancer deaths in 2020 preventable, 30 pc treatable: Lancet study

by AIP Online Bureau | Sep 28, 2023 | Data, Eco/Invest/Demography, Health, Non-Life

Tobacco, alcohol, obesity, and infections accounted for roughly 1.3 million deaths in women across all age groups in 2020, the study reported, acknowledging that the burden of cancer in women due to these risk factors was widely under-recognised. New Delhi: About 70...

Legal fog over central bank digital currencies “unacceptable”, BIS warns

by AIP Online Bureau | Sep 27, 2023 | International News, Risk Management, Technology

Some 11 countries have already launched them and next month the European Central Bank is expected to receive the green light to start work on a digital euro Developing national digital currencies are at risk due to a lack of legal powers to issue them in most of the...

DGCA can act against noncompliance of pilots to aviation rules: Delhi HC

by AIP Online Bureau | Sep 27, 2023 | Indian News, Regulation, Workplace/Employee Benefits

SNV Aviation Private Limited, which flies under the brand name Akasa Air, has sought a direction to the DGCA to take coercive action against pilots who failed to comply with the mandatory notice period requirements in terms of the CAR 2017 New Delhi: The Delhi High...

Govt may propose up to Rs 500 crore fine for violations under Digital India Bill

by AIP Online Bureau | Sep 27, 2023 | Indian News, Policy, Regulation, Risk Management, Technology

Under the proposed bill, the Centre may authorise any government agency to monitor and collect traffic data generated, transmitted, received or stored in any digital system to enhance cyber security. It also aims to identify, analyse and prevent intrusion or spread of...

Govt announces to issue 50 yr g-sec for the first time

by AIP Online Bureau | Sep 27, 2023 | Eco/Invest/Demography, Indian News

‘…the Government of India has decided to borrow the balance amount of Rs 6.55 lakh crore (42.45 per cent of Rs 15.43 lakh crore) in the second half of the fiscal year 2023-24 through dated securities, including Rs 20,000 crore through issuance of Sovereign Green...

Antimicrobial resistance high in India, doctors should prescribe antibiotics only if needed: ICMR scientist

by AIP Online Bureau | Sep 27, 2023 | Facts

A study released by the Indian Council of Medical Research (ICMR) has found abuse of antibodies, antivirals or antifungals has increased drug resistance in the country. According to Dr Kamini Walia, senior scientist, ICMR, OTC drugs taken for diarrhoea like Norflox...
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