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Hong Kong approves first bitcoin, ethereum spot ETFs
The step comes just three months after the U.S. launched the first...
FADA launches dealer satisfaction study to enhance relations with finance & insurance companies
Manish Raj Singhania, President of FADA, expressed his enthusiasm...
Poor public risk management led to higher Covid-19 Pandemic losses and P&C market exposure:Denis Kessler
Denis Kessler, chairman and chief executive officer of SCOR said that this is the biggest surprise of the crisis because it’s the opposite of what, broadly speaking, had been anticipated and modelled for pandemic risk. While the industry was certainly not unaware of pandemic threat, it failed to accurately anticipate the lines it would impact most severely
U.S. formally exits global climate pact amid election uncertainty
“The U.S. withdrawal will leave a gap in our regime, and the global efforts to achieve the goals and ambitions of the Paris Agreement,” said Patricia Espinosa, executive secretary of the U.N. Framework Convention on Climate Change (UNFCCC).
High recovery keep active COVID-19 cases in India below 6 lakh
The Health ministry further said 76 per cent of the new cases of COVID-19 were from 10 states and UTs, with Kerala and Delhi having contributed the maximum of more than 6,000 cases each. Maharashtra had over 4,000 new cases in a day.
As many as 514 fatalities have been reported in a a day. Of these, nearly 80 per cent were concentrated in 10 states and UTs with Maharashtra reporting the maximum 120 deaths.
India’s COVID-19 fatality rate stands at 1.49 per cent, with 21 states and UTs have deaths per million lower than the national average, the ministry said.
Nearly 2 crore people in Karnataka were COVID-19 infected, says govt survey
The survey also found that the infection fatality rate due to COVID-19 was 0.05 per cent. “Out of 7.07 crore estimated population in Karnataka, the study estimates that 1.93 crore (27.3 per cent) of the people are either currently infected or already had the infection in the past, as of 16 September 2020,” the report said.
Govt issues ordnance to amend arbitration law
As per the latest amendment brought through the ordinance, if the award is being given on the basis of an agreement based on fraud or corruption, then the court will not impose a condition to stay the award and grant an unconditional stay during the pendency of the appeal if it has been challenged under Section 34 of the arbitration law.
Britain prepares for COVID-19 vaccine as Oxford forecasts result this year
The National Health Service (NHS) in England is preparing to start distributing possible COVID-19 vaccines before Christmas in case one is ready by the end of the year.
20 per cent COVID-19 patients only show gastrointestinal symptoms: Study
Those signs include inflammation of the small and large bowel, air within the bowel wall (pneumatosis) and bowel perforation (pneumoperitoneum), the researchers said.
The signs are quite rare, and could indicate patients with advanced disease, they said.
Airlines can operate maximum 60% of pre-COVID domestic flights until February 24 next year:Govt
Scheduled international passenger flights continue to remain suspended in the country since March 23 due to the pandemic. However, special international flights have been operating under the Vande Bharat Mission since May and under bilateral air bubble pacts signed with various countries since July.
Saudi Arabia to remove curbs on foreign workers to attract overseas talent
The new rules will come into effect on March 14 and apply to all foreign workers in the private sector, regardless of salary, he said.
Oct services activity at 54.1, grows for first time in 8 months: PMI
“It’s encouraging to see the Indian service sector joining its manufacturing counterpart and posting a recovery in economic conditions from the steep deteriorations caused by the Covid-19 pandemic earlier in the year,” Pollyanna De Lima, economics associate director at IHS Markit, said in a release.