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Eco/Invest/Demography

TCS launches 10 cyber threat management centres globally

These are located in Bloomington, US, Manchester, UK, Madrid, Spain, as well as at major Indian cities in the last four months, the statement said, adding that TCS plans to open more such centres in other regions.

These centres will focus on providing cyber security solutions and services, including managed detection and response services, incident management and breach support, on-demand cyber vigilance services, digital forensics and regulatory compliance.

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Focusing on protecting people, health of population remain a priority for India: IMF

“What needs to be done? Well, clearly protecting the most vulnerable people, well-targeted support, protecting small and medium sized enterprises/firms so they do not collapse, and using what the government is now aiming to do, a further injection of support in a way that gives a better chance to turn a corner,” Managing Director of the International Monetary Fund Kristalina Georgieva said.

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World experiencing worst recessions since Great Depression due to Covid: WB

Malpass said that the world was currently experiencing a K-shaped recovery.
For the developing countries, and especially the poorest developing countries, that downward leg in the K is an increasingly desperate recession or depression that is facing people in the poorest countries because of the loss of jobs, the loss of income, and also the loss of remittances coming from workers, working outside the country, Malpass said.

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Digital health ID can get Indian economy moving again, NHA chief 

Analysis of Big Data on health “will lead to better planning, budgeting and implementation for states and health programs, which should be a big cost optimizer,” said Indu Bhushan, chief executive officer of the National Health Authority, who compared the gains produced by the “new digital highway” to those from building physical infrastructure such as roads

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India’s peak holiday season set to send COVID-19 cases surging

“We will probably have more deaths out of starvation if the rural migratory population who flock to cities during the pujas and earn some money during the festivity are deprived of the opportunity,” said Subrata Mukherjee, a cabinet minister in the fourth-most populous state of West Bengal, which has one of India’s highest coronavirus caseloads.

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Life insures have to mandatorily launch standard term life product from Jan 21:IRDAI

The minimum sum assured of the product should be at Rs 5 lakh while maximum sum assured can be Rs 25 lakh. Insurers have the option of offering sum assured beyond Rs 25 lakh under Saral Jeevan Bima with all other terms and conditions remaining the same, said the IRDA.
The following  words shall be prominently displayed in BOLD, on the welcome letter of policy document as well as on the first page of Sales Literature.

“This policy will cover death due to accident only during the waiting period of 45 days from the date of commencement of risk.In case of death of the life assured other than due to accident during the waiting period, an amount equal to 100% of all premiums received excluding taxes, if any, will be paid and the sum assured will not be paid;;

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