Deduction of this expenditure up to 14 per cent of salary from the...
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Govt announces to remove angel tax on startups for all classes of investors
While previously the angel tax -- a tax levied on capital received...
Budget 2024: FM assures financial support for flood mitigation, irrigation projects
Assam, which grapples with annual floods caused by the Brahmaputra...
Oxford University says research not affected after media reports of COVID lab hack
“We have identified and contained the problem and are now investigating further. There has been no impact on any clinical research, as this is not conducted in the affected area,” an Oxford spokesman said, adding that the university was working with the National Cyber Security Centre (NCSC) on the incident.
Govt plans two-day halt in vaccinations for software upgrade to widen campaign
“The countrywide vaccination exercise is being exponentially expanded,” the ministry said in a statement, adding that a new version of its Co-Win digital platform was being rolled out at the weekend.
Co-Win, wrapped into a government mobile telephone app, is being widely used to fix vaccination appointments, allow health authorities to monitor supplies and download proof of immunisation.
Global insurers unite to tackle climate risk with launch of Geneva Association Task Force
Jad Ariss, Geneva Association Managing Director, said: “In 2020 alone, the world witnessed massive wildfires in California and Australia, historic floods in China and a record hurricane season in the Atlantic. The societal impacts of climate change have become ubiquitous, and individuals and institutions must fully commit now to confronting the climate crisis. Insurers are obvious, strong leaders on global climate action, given their core functions – managing risk and investing – and our industry-led initiative demonstrates that they are proactively rising to the occasion.”
Indians allowed to choose vaccination sites as government seeks faster roll-out
But the inoculation campaign has progressed slower than expected due to a reluctance of health and front-line workers to take the home-grown COVAXIN shot that was approved without late-stage efficacy data. Only 11% of vaccinated people have opted for the product developed by Bharat Biotech and the state-run Indian Council of Medical Research.
With the world’s highest tally of infections after the United States, India wants to vaccinate 300 million of its 1.35 billion people by August. The decision to give people a choice of vaccines could now speed up the roll-out, officials believe.
India’s economy exits from recession, recovery seen gathering pace
Gross domestic product grew 0.4% in October-December compared with the same period a year earlier, data released by the National Statistics Office on Friday showed. That compared with revised contractions of 7.3% in July-September and 24.4% in April-June.
Investment recorded its first growth since December 2019, growing at 2.6% compared to a revised 6.8% fall in the previous quarter, while weakness in consumer demand eased.
Risk of human spread of H5N8 bird flu deemed low – WHO
Seven people in Russia were found to be infected with H5N8, but all were asymptomatic following an outbreak on a poultry farm in the southern oblast (region) of Astrakhan, a WHO statement said. The death of 101,000 of the farm’s 900,000 egg-laying hens in December had sparked the investigation, it said.
Boeing to pay $6.6 million to FAA over safety lapses
The new settlement covers FAA allegations that Boeing managers exerted undue pressure on Boeing workers performing certification duties for the FAA at the company’s South Carolina plant. The FAA also alleged Boeing “failed to follow its quality control processes” and “interfered with an airworthiness inspection of a Boeing 787-9.”
Indian Insurance industry has recovered, pays Rs 9,000 crore Covid-19 pandemic claims :IRDAI Chief
While stressing the importance of Customer Data privacy, Khuntia added that the usage of data beyond a point of granularity should be avoided and insurers should not deny a coverage to the people on the ground, which is not under the control of the customers.
He was addressing a seminar on the theme of “Navigating Uncertainty: Insight-Driven Innovation “ organized by National Insurance Academy, in association with Swiss Re, on Friday.
Huge potential of pvt investment in 400 maritime projects worth Rs 2.24 lakh cr: Govt
”These projects will provide investment opportunities across 11 maritime sectors including port infrastructure development, inland waterways transport and coastal shipping, hinterland connectivity and multi-modal logistics,” Secretary, MoPSW, Sanjeev Ranjan said on Friday.
Climate pledges for 2030 put world far off 1.5C goal, UN warns
Only two of the 18 largest emitters – Britain and the European Union – had so far presented an updated “nationally determined contribution” (NDC) containing a “strong increase” in their emissions reduction targets, she noted. “Other major emitters either submitted NDCs presenting a very low increase in their ambition level or have not presented NDCs yet,” she added in a statement.