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FPIs invest Rs 32,365 cr in equities in July on continued policy reforms
According to the data with the depositories, Foreign Portfolio...
Affordable medicines save Rs 28,000 crore under Janaushadhi Scheme
Launched by the Department of Pharmaceuticals, these initiatives...
Centre says Covid vaccine wastage is 6.5%, calls for optimal use of shots
On March 15, 8.34 million COVID-19 vaccine doses were administered worldwide, of which India alone administered 36 per cent of doses, he said.
Bhushan said COVID-19 vaccine wastage in five states — Telangana, Andhra Pradesh, Uttar Pradesh, Karnataka and Jammu and Kashmir is higher than 6.5 per cent, which is the national average.
Uber to give UK drivers minimum wage, pension, holiday pay
Uber said it’s extending the benefits immediately to its more than 70,000 drivers in the U.K. Drivers will earn at least the minimum wage, which currently stands at 8.72 pounds ($12.12), after accepting a trip request and expenses, and will still be able to earn more.
Drivers will also get holiday pay equal to about 12% of their earnings, paid every two weeks. And they’ll be enrolled in a pension plan that both they and the company will pay into.
7.8 mn domestic air passengers in Feb, 36.71% lower than last year: DGCA
The occupancy rate or load factor of the six major Indian airlines was between 67.9 per cent and 78.9 per cent in February, it stated.
“The passenger load factor in the month of Feb 2021 has shown increasing trend compared to previous month primarily due to beginning of tourist season,” the DGCA said.
EU regulator: Astra jab benefits outweigh risks
The European Medicines Agency (EMA) said it was investigating reports of 30 cases of unusual blood disorders out of 5 million recipients of the AstraZeneca vaccine. In total, 45 million Covid shots have been delivered across the region.
The EU regulator will release its findings on Thursday but its head, Emer Cooke, said she saw no reason to change its recommendation of AstraZeneca — one of four vaccines that it has approved for use.
‘Green’ funds shown to herd less, cutting climate shock risk: EU watchdog
ESMA published what it described as a first attempt to assess vulnerabilities to climate-related financial risks using data from 23,965 EU-based funds worth 10.7 trillion euros ($12.7 trillion).
“Within the European financial sector, investment funds are more exposed to climate-sensitive economic sectors than banks, insurers and pension funds. However, few investment fund climate-related financial risk assessments have been conducted,” ESMA said in its latest summary of market risks.
Coronavirus variants likely evolved inside people with weak immune systems
If true, the idea has implications for vaccination programs, particularly in countries that have not yet begun to immunize their populations. People with compromised immune systems — such as cancer patients — should be among the first to be vaccinated, said Dr. Adam Lauring, a virus expert and infectious disease physician at the University of Michigan. The faster that group is protected, the lower the risk that their bodies turn into incubators for the world’s next supercharged mutant.
Auto cos to be fined up to Rs 1 cr on mandatory recall orders for defective vehicles: Govt
In case of vehicles carrying over nine passengers and heavy good vehicles, a maximum penalty of Rs 1 crore will be levied if more than 50,000 vehicles are recalled.
Facebook to help 50 million people get vaccines, to add labels to fake posts
One of the new tools announced by the company will show you when and where you can get vaccinated, and gives you a link to make an appointment. The new tool will be available in the Covid Information Centre, that Facebook will show right in your News Feed.
With 28,903 new cases, India records highest daily spike this year
The death toll increased to 1,59,044 with 188 new fatalities, the highest in around two months, the Union Health Ministry data showed.The health ministry stressed that more than 70 per cent of the deaths occurred due to comorbidities.
Buffett’s Berkshire opposes shareholders’ climate change, diversity proposals
Berkshire also said Buffett’s compensation in 2020 totaled $380,328, comprising his usual $100,000 salary plus $280,328 for personal and home security.
Though Buffett’s salary is low for a chief executive of a major company, his 16.2% stake in Berkshire was worth about $98.2 billion as of Friday.
Citing its decentralized model, Berkshire said the climate proposal from the California Public Employees’ Retirement System, Federated Hermes and Caisse de Dépôt et Placement du Québec was unnecessary, and that many businesses’ climate decisions already made “great sense” for the environment.