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Show cause notices issued to 143 pharma firms after inspections

Show cause notices issued to 143 pharma firms after inspections

by AIP Online Bureau | Aug 8, 2023 | Health, Indian News, Policy, Regulation

Union Health Minister Mansukh Mandaviya said that the Directorate General of Foreign Trade, Department of Commerce, Ministry of Commerce and Industry issued a notification on May 22 for amendment in export policy of cough syrups, making it compulsory for cough syrup...

Unclaimed deposits worth Rs 48,461.44 cr transferred by the banks Depositor Education & Awareness Fund

by AIP Online Bureau | Aug 8, 2023 | Data, Eco/Invest/Demography, Policy

Ministry of Corporate Affairs has informed that the amount lying with Investor Education and Protection Fund, as on March 31, 2023, is Rs 5,714.51 crore, Minister of State for Finance Bhagwat Karad said in a written reply in Rajya Sabha New Delhi: Unclaimed deposits...

Heatwaves and high temperatures threatening young lives in South Asia: UNICEF

by AIP Online Bureau | Aug 8, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life

UNICEF estimates that 76 per cent of children under 18 in the region – 460 million – are exposed to extreme high temperatures where 83 or more days in a year exceed 35° Celsius UN News: Three-quarters of children in South Asia are already exposed to...
Govt says crop insurance claims worth Rs 2,761.10 cr pending under PMFBY till 2021-22

Govt says crop insurance claims worth Rs 2,761.10 cr pending under PMFBY till 2021-22

by AIP Online Bureau | Aug 8, 2023 | Indian News, Non-Life, Reinsurance

Narendra Singh Tomar, Union Agriculture Minister Out of the pendency of claims, the maximum was in Rajasthan (Rs 1,387.34 crore), followed by Maharashtra (Rs 336.22 crore), Gujarat (Rs 258.87 crore), Karnataka (Rs 132.25 crore) and Jharkhand (Rs 128.24 crore), the...
AB-PMJAY: BAGI wins Gujarat, RGI bags Meghalaya, NIC retains Jharkand

AB-PMJAY: BAGI wins Gujarat, RGI bags Meghalaya, NIC retains Jharkand

by AIP Online Bureau | Aug 8, 2023 | Eco/Invest/Demography, Health, Indian News, Non-Life, Reinsurance

Bajaj Allianz General Insurance has outbid Oriental Insurance Company to win the mandate for Gujarat and Reliance General Insurance has pushed out National Insurance Company(NIC) for Meghalaya in competitive bidding Reliance General Insurance will be earning a premium...

Air pollution could be driving antibiotic resistance: New Lancet study

by AIP Online Bureau | Aug 8, 2023 | Eco/Invest/Demography, Facts, Health, Risk Management

The association between PM2.5 air pollution and increase in antibiotic resistance has strengthened over time, with enhances in PM2.5 levels leading to larger increases in antibiotic resistance in more recent years, the analysis found using data for 116 countries from...

Ukraine’s drone attack yet to jolt insurance for Black Sea oil carriers

by AIP Online Bureau | Aug 8, 2023 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance

As of Monday, the extra insurance premium ships pay when entering risky areas was stable compared with levels prior to the weekend attack, according to two people familiar with the market. The figure is closely watched by traders and shipowners alike for whether it...

Britain to create new regime to deal with insurance failures

by AIP Online Bureau | Aug 8, 2023 | International News, Policy, Regulation

In Britain, insurance company collapses currently come under modified UK company insolvency arrangements, which the finance ministry said may be less effective for an industry with 2.7 trillion pounds ($3.45 trillion) in assets London: Britain said on Wednesday it...

Domestic investors holding declined in June quarter

by AIP Online Bureau | Aug 8, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

According to Pranav Haldea, Managing Director, Prime Database Group, this was on account of profit booking by LIC, mutual funds as also retail and HNI investors with markets reaching all-time highs. Net inflows from DIIs stood at just Rs 3,368 crore during the quarter...

Fire safety audit ordered four days before AIIMS-Delhi blaze

by AIP Online Bureau | Aug 7, 2023 | Indian News, Policy, Risk Management

The order by the Department of Security at AIIMS said the Union Health Ministry’s National Guidelines for Fire Safety in Healthcare facilities mandates hospitals to undertake comprehensive fire safety audits involving a third party. New Delhi: Days before a fire...
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