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Phailin to Amphan A look at deadliest cyclones that hit India in last 10 years
India, with a total coastal area of 7,516 km, is exposed to around...
Sitharaman chairs meeting of banks, insurance firms; reviews preparedness for cyclone ‘Biparjoy’
Niramala Sitharaman,Union Finance Minister ''MDs from the banks...
Total global Covid-19 cases may reach 50 million,644,000 deaths expected in next 4 weeks:AIR Worldwide
“Underreporting is driven by the fact that as much as 60-80 per cent of people infected with COVID-19 may exhibit no symptoms or only mild symptoms and, most likely, do not get tested. The cases of COVID-19 that are reported, therefore, represent at best only 20-40 per cent of the total population. Therefore, in all likelihood, underreporting is substantively higher. Testing more widely in the general population would lead to more accurate numbers of cases and deaths being reported. The projections from the Verisk COVID-19 Projection Tool account for underreporting,”Doug Fullam, director of life and health modeling, Verisk.
Ayushman Bharat scheme crosses 1 crore beneficiaries,treatment worth around Rs 13,412 cr provided for free
Over one crore people have availed treatment worth around Rs 13,412 crore for free in hospitals across the country under the Ayushman Bharat since its launch in September 2018.
WHO states agree to independent probe of UN agency’s coronavirus response
Countries taking part in the WHO’s annual assembly, being held virtually for the first time, adopted a resolution by consensus urging a joint response to the crisis.
The resolution, tabled by the European Union, called for an “impartial, independent and comprehensive evaluation” of the international response to the pandemic, which has so far infected more than 4.8 million people and killed over 318,000.
Global CO2 emissions could fall by up to 7% this year amid pandemic: research
China saw the largest drop in emissions in April, followed by the United States, Europe and India.
In the countries with the strictest lockdown restrictions, emissions from aviation plunged 75% in early April, while emissions from land transport fell by 50% and from power generation by 15%.Emissions from industry declined by around 35%, with a lack of data causing some uncertainty. Emissions from residential buildings, however, increased by 5%, the study said.
Johnson & Johnson to stop selling talc-based baby powder in U.S. and Canada
J&J faces more than 16,000 lawsuits from consumers claiming its talc products, including Johnson’s Baby Powder, caused their cancer. The majority are pending before a U.S. district judge in New Jersey.
The lawsuits allege that the company’s talc products have been contaminated with asbestos, a known carcinogen. J&J said it “remains steadfastly confident in the safety of talc-based Johnson’s Baby Powder,” citing “decades of scientific studies.”In April, a New Jersey judge ruled that thousands of plaintiffs who allege that J&J’s talc products caused cancer can go forward with their claims, but face limits on what expert testimony will be allowed in trials.
UK’s Covid-19 Support Fund by insurers aims to raise £100 million
The fund is supported by members of the ABI (Association of British Insurers), The British Insurance Brokers’ Association (BIBA), Lloyd’s, and The London Market Group (LMG).
IRDA to extend renewal payment date for motor & health policies till June 1st week
IRDAI forthcoming decision will also include continuation of cover, Standard Fire and Special Perils Policy(commonly known as property policy)- by the general insurers to the “unoccupied properties’’.for more than one month
Citigroup launches new ESG investment banking group
“The current Covid crisis will elevate the importance of ESG to our clients, as they increasingly focus on more sustainable and resilient strategies and on recovery plans that help drive the just transition to a net-zero emissions future,” global BCMA heads Tyler Dickson and Manolo Falcó said in a memo to bankers sent on Tuesday.
Companies have become more focused on environmental, social and governance (ESG) factors in recent years as activists and investors put pressure on them and companies that put these considerations at the forefront are rewarded.
Coronavirus impact:Foreign investors look to exit India, withdraw $6.4 billion in March quarter
Cumulatively for the March quarter, FPIs were net sellers in the Indian equity markets to the tune of USD 6.4 billion, which is in sharp contrast to the previous quarter, when they bought net assets worth USD 6.3 billion.
World Bank says COVID-19 to push 60 million into poverty; announces $160 billion assistance to 100 countries
“To return to growth, our goal must be rapid, flexible responses to tackle the health emergency, provide cash and other expandable support to protect the poor, maintain the private sector, and strengthen economic resilience and recovery,” Malpass said.