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Over 3.8 lakh cos struck off under companies law in 3 years: Govt

“It normally refers to a company without active business operation or significant assets, which in some cases are used for illegal purpose such as tax evasion, money laundering, obscuring ownership, benami properties etc,” he noted.

The Special Task Force set up by the government to look into the issue of shell companies has recommended the use of certain red flag indicators as alerts for identification of shell companies.

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U.S. nears grim milestone of 200,000 COVID-19 deaths

The University of Washington’s health institute is forecasting coronavirus fatalities reaching 378,000 by the end of 2020, with the daily death toll skyrocketing to 3,000 per day in December.

Over 70% of those in the United States who have lost their lives to the virus were over the age of 65, according to CDC data.

The southern states of Texas and Florida contributed the most deaths in the United States in the past two weeks and were closely followed by California.

California, Texas and Florida – the three most populous U.S. states – have recorded the most coronavirus infections and have long surpassed the state of New York, which was the epicenter of the outbreak in early 2020. The country as a whole is reporting over 40,000 new infections on average each day and saw cases last week rise on a weekly basis after falling for eight weeks in a row.

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86,961 new COVID-19 cases in India, tally reaches 54,87,580

The COVID-19 case fatality rate due to coronavirus has further declined to 1.6 per cent. There are 10,03,299 active cases in the country as of now, which comprises 18.28 per cent of the total caseload, the data stated.

According to the Indian Council of Medical Research (ICMR), a cumulative total of 6,43,92,594 samples have been tested up to September 20, with 7,31,534 samples being tested on Monday.

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Toyota Insurance Services to join Swiss Re ADAS risk platform

The ADAS risk score was launched by Swiss Re and BMW Group in 2019 with the aim of solving this issue and developing a vehicle-specific insurance rating that primary insurers worldwide can use to calculate insurance premiums, taking safety-relevant driver assistance systems into account.
On the journey towards autonomous vehicles, cars are increasingly equipped with advanced driving assistance systems (ADAS) that actively support the driver in avoiding accidents. Insurers face the challenge of knowing which ADAS features are installed in a vehicle, what their impact on safety is, and to what extent drivers use them.

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Carbon emissions of richest 1% more than double the emissions of the poorest half of humanity:Oxfam

The report assesses the consumption emissions of different income groups between 1990 and 2015 – 25 years when humanity doubled the amount of carbon dioxide in the atmosphere. It found:   

The richest 10 percent accounted for over half (52 percent) of the emissions added to the atmosphere between 1990 and 2015. The richest one percent were responsible for 15 percent of emissions during this time – more than all the citizens of the EU and more than twice that of the poorest half of humanity (7 percent).

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