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Rising Bond Yields Threaten Financial Market Stability

There is a growing recognition in financial circles that price inflation will increase significantly in the near future, and official estimates that it will be a temporary phenomenon limited to an average of 2% are overly optimistic. There is, therefore, increasing speculation about the need for interest rates to rise. The bond yield on 10-year US Treasuries has already more than doubled over the last year. It is in the nature of market cycles for equity and other financial assets to continue...
United States City Of United Kingdom John Law Alan Greenspan Paul Volcker

Coronavirus | Delhi High Court asks Centre to hold meeting with Roche to ensure immediate supply of Tocilizumab

Coronavirus | Delhi High Court asks Centre to hold meeting with Roche to ensure immediate supply of Tocilizumab Updated: Updated: May 07, 2021 18:38 IST A direction was also issued to Roche to file an affidavit confirming that it would be importing in India 50,000 and 25,000 vials of the medicine in mid-May and mid-June, respectively. Share Article AAA A direction was also issued to Roche to file an affidavit confirming that it would be importing in India 50,000 and 25,000 vials of the medicin...
Anurag Ahluwalia Justice Prathibam Singh Department Of Pharmaceuticals Cipla Ltd Union Health Ministry Delhi High Court

NATCO: Covid drug: Natco eyes patent waiver - The Economic Times

Making its case, Natcos application said Olumiant is not manufactured in India — less than 9,000 tablets were imported in 2019 and 2020, at an average cost of Rs 3,230 per tablet. Citing the pricing as a significant barrier, it said a 14-day regimen (one tablet a day) works out to approximately Rs 45,220 per patient, which most Indians can ill-afford.
South Africa Andhra Pradesh Manmohan Singh Eli Lilly Leena Menghaney World Trade Organization

Covid drug: Natco eyes patent waiver - Times of India

Hyderabad/Mumbai: In the first instance of a pharma company taking the compulsory licensing (CL) route to launch a Covid drug in India, Hyderabad-based Natco Pharma has filed for a waiver of patent rights to manufacture rheumatoid arthritis drug Baricitinib. The CL, if granted, will help in improving the accessibility and affordability of the drug, bringing its price down substantially. The USFDA had last November granted emergency authorisation for Baricitinib in combination with Remdesivir. ...
South Africa Manmohan Singh Eli Lilly Leena Menghaney Natco Pharma World Trade Organization

Pensioners alert! Govt extends payment of provisional pension up to 1 year period

Decision in view of the pandemic situation. New Delhi: Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh said that Government has decided to extend the payment of provisional pension up to a period of one year from the date of retirement in view of the pandemic situation. At a meeting held online with senior officers of the Department of Pension and DARPG, the Mini...
New Delhi Jitendra Singh Atomic Energy Payment Bank Department Of Pension Development Of North Eastern Region Do
Source: india.com

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Rules for provisional pension liberalised and timeline extended for ease of beneficiaries due to pandemic: Jitendra Singh

Rules for provisional pension liberalised and timeline extended for ease of beneficiaries due to pandemic: Jitendra Singh NEW DELHI: Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh today said that Government has decided to extend the payment of provisional pensionup to a period of one year from the date of retirement in view of the pandemic situation. At a meetin...
Jitendra Singh Atomic Energy Payment Bank Department Of Pension Development Of North Eastern Region Do Pay Accounts Office

Provisional pension payment period extended up to 1 year Jitendra Singh

Union minister Jitendra Singh on Wednesday said that the government has decided to extend the payment of provisional pension up to a period of one year from the date of retirement of an employee in view of the COVID-19 situation.
National Pension Scheme Department Of Administrative Reforms Department Of Pension Accounting Office Personnel Ministry Central Pension Processing Centre

Government Extends Payment Of Provisional Pension Upto 1 Year

Government Extends Payment Of Provisional Pension Upto 1 Year Union minister Jitendra Singh on Wednesday said that the government has decided to extend the payment of provisional pension up to a period of one year from the date of retirement of employee Updated: May 05, 2021 9:17 pm IST Union minister Jitendra Singh on Wednesday said that the government has decided to extend the payment of provisional pension up to a period of one year from the date of retirement of an employee in view of t...
National Pension Scheme Department Of Administrative Reforms Department Of Pension Personnel Ministry Central Pension Accounting Office Central Pension Processing Centre
Source: ndtv.com

Again, FG warns against attacks on firefighters, appliances

Vanguard News Again, FG warns against attacks on firefighters, appliances On By Omeiza Ajayi, ABUJA Peeved by the growing wave of attacks on firefighters and firefighting appliances, the federal government has again warned Nigerians against such practices, urging them to instead appreciate the difficult environment in which the personnel operate. Controller General of the Federal Fire Service FFS, Dr Liman Alhaji Ibrahim gave the warning on Tuesday in Abuja while felicitating with all firefigh...
Abuja Federal Capital Territory Federal Capital Territory Omeiza Ajayi Liman Alhaji Ibrahim International Firefighter Day Fire Service

Standing Together Against a Common Foe

In this report, Adedayo Akinwale and Udora Orizu, dissect last week’s resolution by both chambers of the National Assembly following the recent killing spree witnessed across the country That Nigerians are now endangered species in their own country is the lowest ebb the citizens have reached under the administration of President Muhammadu Buhari. Security agencies and theirpersonnel that were supposed to be the shoulder to lean on are now targets forelimination by non-state actors. The lack ...
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