As per the report's indicators, India, with a large coastline and...
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Global insured losses from natural catastrophes break through USD 100 billion threshold again in 2022: Swiss Re
This reaffirms the trend of a 5–7% average annual increase in...
Odisha approves Rs 6,283 cr outlay to develop cyclone resilient network in coastal areas
Around 70 per cent of the funds shall be invested for the...
COVID-19 Pandemic:“None of us is safe until all”says UN Chief
“Comprehensive, coordinated public health measures are critical to slow transmission and to save lives. But even countries that have taken such steps remain in jeopardy. And the virus is still likely to strike many countries that are least able to cope. In an interconnected world, none of us is safe until all of us are safe,” UN Secretary-General Antonio Guterres said
Researchers double U.S. COVID-19 death forecast, citing eased restrictions
The latest forecast predicts the cumulative number of U.S. deaths from COVID-19 will run from as few as 95,092 to as many as 242,890 by Aug. 4 – with 134,475 lives lost representing the most likely, middle ground.
By comparison, the previous revision issued on April 29 put the middle-case figure at 72,400 deaths, within a range between 59,300 and 114,200 fatalities.
WHO cautions against untested COVID-19 traditional remedies
Madagascar’s president, Andry Rajoelina, is promoting a cure based on the plant. Although the herbal mix has not been scientifically tested yet, the heads of several African countries have announced placing orders, or received consignments of it.
“Even if therapies are derived from traditional practice and natural, establishing their efficacy and safety through rigorous clinical trials is critical,” the sub-Saharan Africa regional office of the WHO said in the statement.
COVID-19 death toll rises to 1,568 in India; cases climb to 46,433
According to the health ministry data updated in the morning, the highest number of confirmed cases in the country are from Maharashtra (14,541), followed by Gujarat (5,804), Delhi (4,898), Tamil Nadu (3,550), Rajasthan (3,061), Madhya Pradesh (2,942) and Uttar Pradesh (2,766)
Coronavirus health fears outweigh concern for economy: global survey
In Canada, the UK and France, 70% or more of the respondents were in favour of prioritising health concerns. In the United States, where anti-lockdown protests in some cases were encouraged by President Donald Trump, the figure was 66%.
Covid-19 Pandemic: RBI may extend moratorium on bank loans by 90 more days
Income stream will not resume due to the continuation of nationwide lockdown, the sources said, adding that so many entities and individuals will be unable to service their debt in this circumstances at the end of the present moratorium period ending on May 31.
So, extension of moratorium by another three months would be a practical approach from the regulator, a senior public sector bank official said.
t will help both borrowers and banks in these difficult times, the official added.
India should put in large enough stimulus package to revive demand: Abhijit Banerjee
The Supreme Court Tuesday refused to entertain senior Congress leader Jairam Ramesh’s plea seeking directions to the Centre and states to ensure universal coverage of food security during the Covid-19 pandemic and asked him to make a representation to the Union government.
Senior advocate Salman Khurshid, appearing for Ramesh, said the issue raised in the petition relates to food security and the petitioner himself was instrumental in the framing of the National Food Security Act of 2013.
COVID-19 general insurance losses seen higher than 9/11 claims: Willis Towers Watson
Willis also said it has modeled an extreme pandemic scenario, which could result in $140 billion of losses
U.S. airlines now requiring masks, promise more safety measures
The industry, through lobby Airlines for America, has also begun discussions with policymakers in Washington on measures such as virus testing and pre-boarding temperature checks, United Chief Communications Officer Josh Earnest said.
Covid-19 Pandemic:IASB proposes deferring IAS 1 amendments’ effective date implementation
The Board is not proposing any changes to the original amendments other than the deferral of the effective date.