The measure is the latest in a series of moves in Washington to...
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EU parliament to extend new medicine data protection to 7.5 years, document says
The legislation, proposed by the European Commission in April last...
Global child under-5 mortality rate declined in 2022
At current rates, 59 countries will miss the SDG under-5 mortality...
Paytm app back on Google store after removal over policy violations
“We don’t allow online casinos or support any unregulated gambling apps that facilitate sports betting,” Google said in a blog post.
“This includes if an app leads consumers to an external website that allows them to participate in paid tournaments to win real money or cash prizes,” said Alphabet Inc’s Google, in the blog post. “It is a violation of our policies.”
Paytm said on Twitter it was working with Google to restore the Andriod app and assured users that their money was safe.
Russia approves 1st COVID-19 prescription drug for sale In pharmacies
R-Pharm’s announcement is another sign Russia is pushing hard to take a global lead in the race against the virus. It is already exporting its COVID-19 tests and has clinched several international deals for supplies of its Sputnik-V vaccine.
PFRDA wants more players and higher cost structure for NPS fund managers: Chairman
“Hopefully, we will not be restricting the numbers but there will be some entry barriers to see that only very serious players should come,” said Bandyopadhyay on Friday while addressing an virtual Insurance and Pensions Summit hosted by the CII .
Energy transition to have transformative effect on Mining sector:WTW
Environmental Social Governance forms the key theme of the report, highlighting that the transition to a low carbon economy requires a fundamental reappraisal of mining company climate risk
India ranks 116 in World Bank’s Human Capital Index
“The pandemic puts at risk the decade”s progress in building human capital, including the improvements in health, survival rates, school enrollment, and reduced stunting. The economic impact of the pandemic has been particularly deep for women and for the most disadvantaged families, leaving many vulnerable to food insecurity and poverty,” said World Bank Group President David Malpass.
IRDA to unveil standard Term Policy and covers for MSME and small dwellings soon:Khuntia
The guidelines regarding the standard products for term plans, dwelling and MSMEs will be rolled out soon by the regulator, said Subhash C Khuntia, chairman Irdai, while addressing CIIs 22nd Insurance and Pension Summit on Thursday.
The segment regulator is also looking to introduce the risk-based solvency for the insurance companies in next three years.
The regulator also believes that negative growth seen in the new premiums for insurance industry since March, will improve in the months to come.
GIC Re to manage Rs 75k cr Pandemic Pool,mandatory cover & parametric claim payment:IRDA Panel
Pandemic pool,with public-private-government participation, to cater 4 crore MSME workers,around Rs2000 crores of capacity expected from the industry and a substantial capacity coming from government in the form of backstop. Multiple trigger mechanism will be set separately for an epidemic and a pandemic event.Participation will be mandatory for the sectors which have been covered under the pool. This can be provided as a Standalone Product coverage for the event or as an add-on with the existing products.
“We are now putting the report on the formation of Pandemic Pool for the public feed-back and will soon set up the Pool,” said SC Khuntia, chiarman, IRDAI..
Facebook says will no longer show health groups in recommendations
Misleading health content has racked up an estimated 3.8 billion views on Facebook over the past year, peaking during the coronavirus pandemic, advocacy group Avaaz said in a report here last month.
Facebook, under pressure to curb such misinformation on its platform, has made amplifying credible health information a key element of its response. It also removes certain false claims about COVID-19 that it determines could cause imminent harm.
WHO says safety comes first as over 170 nations join COVID-19 vaccine plan
“We already face challenges with vaccine acceptance for many proven vaccines,” WHO chief Tedros Adhanom Ghebreyesus said in pre-recorded comments, as he spoke about the push to rapidly develop vaccines.
“We cannot risk having an effective vaccine for COVID-19 that people refuse because of the perception that it is unsafe.”
Global economic recovery may take five years, World Bank chief economist says
Reinhart said the pandemic-caused recession will last longer in some countries than in others and will exacerbate inequalities as the poorest will be harder hit by the crisis in rich countries and the poorest countries will be harder hit than richer countries.
For the first time in twenty years, global poverty rates will rise following the crisis, she added.