According to the Ministry of Earth Sciences, 59 per cent of India's...
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Turkey, Syria deadly earthquake could cost $4 billion in economic losses,Insured losses expected much lower $1 billion: Fitch
Insured losses will be much lower, possibly around $1 billion, due...
Turkey acknowledges earthquake relief problems as death toll passes 12,000
The death toll from both countries was expected to rise as hundreds...
Global CEOs see U-shaped recession, fear death of some brands: Study
Business leaders in the hospitality and restaurant sectors were the most vulnerable with 41% of executives saying their firms were at risk of not surviving, while 30 per cent in aviation and 19 per cent in wholesale and retail sales feared they may go under, the survey found.
Almost two-thirds of business leaders forecast a negative impact on earnings to continue for more than a year, while a quarter expect their workforce to be down by more than 20 per cent a year from now.
COVID-19: Govt proposes tough law to ensure safety of healthcare professionals
The Union Cabinet on Wednesday approved an ordinance, making acts of violence and harassment against healthcare personnel deployed in combating COVID-19 a non-bailable offence with maximum punishment of seven years imprisonment and Rs 5 lakh fine.
US State files lawsuit against China on coronavirus handling
The lawsuit alleges that during the critical weeks of the initial outbreak, the Chinese authorities deceived the public, suppressed crucial information, arrested whistleblowers, denied human-to-human transmission in the face of mounting evidence, destroyed critical medical research, permitted millions of people to be exposed to the virus, and even hoarded personal protective equipment (PPE, causing a global pandemic that was unnecessary and preventable.
EPFO settles 10.02 lakh withdrawal claims including 6.06 lakh COVID-19 advances in last 15 working days
A provision for withdrawal from the EPF Scheme to fight COVID-19 pandemic was announced by the government and an urgent notification issued, providing for non-refundable withdrawal to the extent of basic wages and DA for three months or up to 75 percent of the amount standing to member’s credit in the EPF account, whichever is less.
Virus upends outsourcing as firms ‘Reshore’, Embrace AI
But the bigger lasting change from the pandemic will likely involve the wider use of artificial intelligence to handle tasks currently performed by human beings, experts said.
“AI doesn’t go on strike, it can work 24/7 and throws up fewer complications,” said Michael Czinkota, who teaches international business at Washington’s Georgetown University.
AIR Worldwide launches COVID-19 projection tool: Provides case and death projections worldwide
“We’re providing this complimentary tool to give communities, businesses, governments, and insurers a better understanding of what the near future of the COVID-19 pandemic could look like,” said Doug Fullam, director of life/health modeling at AIR Worldwide. “Additionally, we are making this information publicly available as we feel it’s imperative to leverage our strengths as a trusted data steward to provide services that benefit the greater good.”
HC satisfied with govt measures for emergency treatment to non-COVID patients in hospitals
The court noted that guidelines indicate that the government has declared services for all crucial areas such as maternal, newborn and child health, prevention and management of communicable diseases, treatment for chronic diseases to avoid complications and addressing emergencies, as ‘essential services’.
There is a clear direction that all health services including Ayush would remain functional, such as hospitals, nursing homes, clinics, telemedicine facilities as well as dispensaries, chemists, pharmacies, medical laboratories and collection centres, it said.
Various aspects have been covered in these guidelines which also include measures with respect to illnesses like hypertension, diabetes and mental health and diseases such as tuberculosis, vector borne and viral hepatitis, it noted.
Policyholders can pay health insurance premium in instalments:IRDAI
The premium installment facility may be offered either as a permanent feature or may be offered as a temporary relief for a period of twelve months (one policy year) in respect of all the health insurance policies that are due for renewal up to 31st March, 2021, said IRDAI.
Covid-19 Pandemic:India Inc expects negative impact in the next 6 months, says Willis Towers Watson
Almost half of the respondents expect a negative impact on their business in the next 12 months; 19% expect adverse impact to last over a two-year period.
42% have not taken a decision on salary increment budgets for this year, while 33% indicated that performance appraisals and bonus pay-outs will happen as planned.
83% plan to review their work-from-home policy; 55% have no fixed end-date on their flexible work arrangements.
Global hunger could double due to COVID-19 blow: U.N.
“COVID-19 is potentially catastrophic for millions who are already hanging by a thread,” said Arif Husain, chief economist and director of research, assessment and monitoring at the World Food Programme (WFP).
“We all need to come together to deal with this because if we don’t the cost will be too high – the global cost will be too high: many lost lives and many, many more lost livelihoods,” he told reporters at a virtual briefing in Geneva.