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Delhi hospitals rush for fire safety awareness sessions
Despite the recent spike in fire-related calls, the Delhi Fire...
Odisha govt reassures public amid confusion over Biju Swasthya Kalyan Yojana continuity
The confusion stems from the BJP's announcement to implement the...
IRDAI asks life insurers to maintain 13th month persistency at 90%
Life insurance business expected is to grow by 12 to 15 per cent in the coming years and life insurers will play a crucial role in creating huge employment through agency channel under the “New Normal, said M R Kumar, Chairman, Life Insurance Corporation
Elon Musk surpasses Amazon’s Jeff Bezos as world’s richest person
The milestone caps an extraordinary 12 months for Musk. Over the past year his net worth soared by more than $150 billion in possibly the fastest bout of wealth creation in history. Fueling his rise was an unprecedented rally in Tesla’s share price, which surged 743% last year on the back of consistent profits, inclusion in the S&P 500 Index and enthusiasm from Wall Street and retail investors alike.
The world’s 500 richest people added a record $1.8 trillion to their combined net worth last year, equivalent to a 31% increase. The gains were disproportionately at the top, where five individuals hold fortunes in excess of $100 billion and another 20 are worth at least $50 billion.
Natural disasters cause $210 billion in damage in 2020, insurer says
Losses that were insured rose to $82 billion from $57 billion in 2019, Munich Re said. They add to the burden of the coronavirus pandemic that has hit the insurance industry hard.
“Climate change will play an increasing role in all of these hazards,” said Munich Re board member Torsten Jeworrek, pointing to hurricanes, wildfires and other storms.
“It is time to act,” he said.
Moderna CEO says vaccine likely to protect for ‘couple of years’
“The nightmare scenario that was described in the media in the spring with a vaccine only working a month or two is, I think, out of the window.The antibody decay generated by the vaccine in humans goes down very slowly (…) We believe there will be protection potentially for a couple of years,” Moderna CEO Stephane Bancel said
World food price index rises for seventh month running in Dec -FAO
The Food and Agriculture Organization’s food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 107.5 points last month versus 105.2 in November.
Pfizer/BioNTech vaccine appears effective against mutation in new coronavirus variants -study
The Pfizer/BioNTech vaccine and the one from Moderna Inc, which use synthetic messenger RNA technology, can be quickly tweaked to address new mutations of a virus if necessary. Scientists have suggested the changes could be made in as little as six weeks.
Masks no obstacle for new NEC facial recognition system
The new system went on sale in October and customers include Lufthansa and Swiss International Airlines, Takashima said.
Facial recognition means not having to produce a security card, which can bst or stolen, and also helps prevent the spread of germs from touching surfaces, Takashima said.
Loan repay demand by official is not abetment to suicide: HC
the demand of outstanding loan amount from the person who was in default of payment of loan amount, during the course of employment as a duty, at any stretch of imagination cannot be said to be any intention to aid or to instigate or to abet the deceased to commit suicide,” HC said
There have some cases recently in Telangana of people reportedly ending their lives after they were harassed to pay back loans given in alleged violations of regulatory guidelines to gullible and needy victims facing economic hardships,
Private sector willing to partner with govt for accelerating COVID-19 vaccine administration: FICCI
Private healthcare sector, responsible for almost 70 per cent of healthcare delivery in the country, can adequately supplement the physical and human infrastructure supply in key capacity constrained regions, specifically in urban and semi-urban areas, FICCI noted.
Final industry loss footprint for Australia’s 2019/2020 Bushfires at AUD 1,866m: PERILS
“One year on from the Black Summer bushfires, this release of the final loss report provides a timely reminder of the devastation such an event can cause to local
communities. This was one of several major Cat events to impact Australia in 2020, with the insurance industry playing a critical role in enabling affected communities to rebuild during the year. The detailed data resolution in this updated industry loss footprint can enhance the insurance industry’s understanding of the impact of future bushfire events as there is always more to learn about these devastating losses.”