IRDAI Press Release on Bima Vitarak Manthan
It was highlighted that the readiness of distribution channels to embrace technology could bring about explosion in the distribution space which can result in reduction of distribution costs benefiting the policyholders. Detailed discussions were held on leveraging proposed insurance e-marketplace – Bima Sugam in taking the insurance to the last mile.
IBBI discussion paper on “Strengthening the process of issuance of record of default by Information Utility”
This paper seeks to attain the objective of enhancing the effectiveness and acceptability of the record of default issued by an IU; speed up the process of admission application to initiate corporate insolvency resolution process. Further, aforementioned proposals aim to ensure that authentication process being followed by IU are robust, standardized, and rigorous.
SEBI has mandated Certification for key investment team of manager of AIF
At least one key personnel, amongst the associated persons functioning in the key investment team of the Manager of an Alternative Investment Fund, shall obtain certification from the National Institute of Securities Market by passing the NISM.
“Protecting Outdoor Workers: Kerala’s Response to Sun Exposure”
In compliance with the recent directive under the Kerala Minimum Wages Rules, 1958, aimed at safeguarding outdoor workers from sun exposure, adjustments to working hours have been made. From February 17th to April 30th, 2024, employees toiling under the sun will now benefit from a mandatory rest period between 12:00 noon and 3:00 p.m., with their daily shift spanning from 7:00 a.m. to 7:00 p.m.
Crucial Update: Preventive Actions for Heat Wave in Delhi
As the scorching sun beats down on Delhi, with temperatures soaring beyond 42 degrees Celsius, the Labour Department issues vital guidelines for workplaces. Ensuring the well-being of employees is paramount during this severe heat wave.
MedTech Stackathon Invokes Collaborative Push for Indian Medical Device Growth
The STACKATHON will delve into eight key areas, including cancer therapy, imaging, and critical care devices. Each group will have specific tasks, such as identifying crucial medical devices within their segment and assessing import-export dynamics.
Timely Detection and Prevention Key to Combating Thalassemia
The Health Secretary advocated for including mandatory Thalassemia testing within the National Health Mission’s (NHM) existing reproductive and child health (RCH) programs. This approach, already adopted by some states, has the potential to significantly reduce disease prevalence.
Measures Ensure Adequate Power Supply In The Summer
To cater to the projected peak demand of 235-240 GW during May and June, the government has taken further actions to ensure smooth power supply. These measures include boost in gas power, hydropower optimization, thermal plant efficiency and increase in wind power.
Government Unveils Standards, Portal, and Reports On Green Hydrogen
The workshop featured five panel discussions with experts from leading institutions, regulators, and industry participants. A dedicated online portal for the National Green Hydrogen Mission was launched, providing a one-stop shop for information on the mission and the development of India’s green hydrogen ecosystem.
Supreme Court Now Mandates Service Providers To Prove “Commercial Purpose”
This judgment empowers consumers by making it easier for them to seek redressal under the CPA. It removes the initial burden of proving they are not using the service commercially.
