"Cumulatively for Kharif 2023 season, the agriculture and...
Category:
Eco/Invest/Demography
Latest
FPIs infuse over Rs 38,000 cr in equities in March so far amid strong domestic economic outlook
Further, the influx of FPIs can be attributed to robust GDP growth...
Tata Group will move to 70% green energy by 2030: Chairman Chandrasekaran
Tata Sons Chairman N Chandrasekaran said the priorities of the...
UK regulator, insurers, brace for Supreme Court battle over COVID-19 case
The Financial Conduct Authority (FCA) had set a late Wednesday deadline for talks with insurers, such as QBE and RSA, to ensure eligible business interruption (BI) claims would be paid speedily, after the High Court ruled that thousands had been wrongly rejected.
Over 7,500 finance jobs have left UK for Europe
The EU has said it will only offer selective access for the City of London’s range of financial services under its “equivalence” system, under which access is only allowed if Britain’s finance regulations are equivalent to the EU’s.
“The time has now passed for firms to rely on short term equivalence assessments that would align to EU rules, and the sector’s attention is increasingly focused on the longer-term outlook,” Ali said.
White Mountains to acquire majority stake in Lloyd’s insurer Ark
Ark is a leading Lloyd’s platform well positioned to take advantage of the hardening market in property & casualty insurance. Founded in 2007 by Ian Beaton and Nick Bonnar, Ark manages the underwriting of syndicates 4020 and 3902 at Lloyd’s. The syndicates underwrite a diversified and balanced portfolio of reinsurance and insurance, including property, accident & health, energy, marine and political risks.
COVID-19 vaccine rollout unlikely before fall 2021, experts say
“Experts in our survey offered forecasts on vaccine development that were generally less optimistic than the timeline of early 2021 offered by US public officials,” Jonathan Kimmelman, a professor at McGill University, said in a statement.
“In general they seem to believe that a publicly available vaccine next summer is the best-case scenario with the possibility that it may take until 2022,” said Kimmelman, the senior author on the paper published in the Journal of General Internal Medicine.
COVID-19 controls turn Asia into global surveillance hotspot, analysts say
“Asia as a region risks sleep-walking into serious privacy breaches if there isn’t transparency when it comes to data use with respect to COVID-19 surveillance measures,” said Sofia Nazalya, a human rights analyst at Verisk Maplecroft.
No clear link between school opening and COVID surge, study finds
IfE found that 52 countries that sent students back to school in August and September – including France and Spain – saw infection rates rise during the vacation compared to when they were closed.
In Britain and Hungary, however, infection levels dropped after initial school closures, remained low during the holidays, and began rising after reopening.
The vast majority – 92% – of countries that are through their first wave of COVID-19 infections have started to reopen school systems, even as some are seeing a second surge.
Supreme Court orders airlines to refund bookings during coronavirus lockdown
The Supreme Court told airlines to refund the money within three weeks in a decision that will add to the burden on cash-strapped Indian carriers whose revenues have been hit by coronavirus restrictions on air travel.
India open to launching own app store as start-ups criticise Google – government source
India already runs a mobile app store that lists over 1200 mainly government-backed applications, but also Paytm, and the government could also consider expanding that instead of starting from scratch, the official added.
Push to bring coronavirus vaccines to the poor faces trouble
In one of the biggest obstacles, rich countries have locked up most of the world’s potential vaccine supply through 2021, and the U.S. and others have refused to join the project, called Covax.
The supply of vaccines is not going to be there in the near term, and the money also isn’t there, warned Rohit Malpani, a public health consultant who previously worked for Doctors Without Borders.
Risk aversion sets in after Trump tests positive for coronavirus
Taking to Twitter, he wrote, “Tonight, @FLOTUS and I tested positive for Covid-19. We will begin our quarantine and recovery process immediately. We will get through this together.