During this period, a total amount of nearly Rs 31,139 crore was...
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India needs investments in geriatric care:Smriti Irani
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Jeff Bezos overtakes Elon Musk as world’s richest person
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UN chief urges Japan, others to meet goals on climate change
Clean energy delivers more jobs, cleaner air, better health and stronger economic growth,” U.N. Secretary-General Antonio Guterres said.
It makes no sense economically to burn money on coal plants that will soon become stranded assets,” he added. There is simply no rational case for coal power in any investment plan.”
SC protect accounts, which were not declared NPA till Aug 31
While referring to the grievance raised by the petitioners, the bench said, We are concerned with interest on the interest .
The arguments in the matter remained inconclusive and would continue on September 10.
Do you need mask if driving or cycling alone? Health Ministry official says no such guidelines
if someone is exercising, cycling or jogging in a group, they should wear masks and maintain social distancing so as not to infect each other, Secretary in the Union Health Ministry Rajesh Bhushan said at a press briefing.
Amazon bets on Insurance and Gold to make India centre of fintech push
It began offering auto insurance in July and gold investment products in August – both a first for Amazon
Everyone could be a carrier: Covering coronavirus pandemic in rural India
Infections in India now total over 3.5 million, rising from two million in just over three weeks – the third highest number of coronavirus infections in the world. The disease is rampant in rural India, where people often have to rely on the most basic health facilities.
India leads global rise in new weekly COVID-19 cases,while deaths down: WHO
Overall global new deaths in the past seven days fell by 3% compared to the previous week, the WHO reported, adding that overall new infections around the world rose by 1.8 million.
The respiratory disease is also spreading in the Americas, which continues to account for more than half of reported cases and deaths worldwide, although there have been slight decreases in some areas, WHO said in its latest update.
Peru, Mexico, Colombia and Argentina have seen “increasing trends”, it said.
Pandemic brings hard times for farmers, worsening hunger
The U.N. Food and Agricultural Organization forecasts that the number of undernourished people will increase by up to 132 million in this year, while the number of acutely malnourished children will rise by 6.7 billion worldwide due to the pandemic.
“We are facing two pandemics. COVID-19, which beyond its health toll is crushing livelihoods, and hunger, a scourge the international community pledged to eradicate by the end of this decade,” Qu Dongyu, the FAO’s director-general said in a commentary ahead of the virtual meeting.
78,357 new cases take India’s COVID-19 tally past 37 lakh, death toll rises to 66,333
The death toll climbed to 66,333 with 1,045 more fatalities reported in 24 hours. India has so far reported 37,69,523 cases of the viral disease, according to the data updated at 8 am.
The total number of COVID-19 recoveries in the country has surged to 29,01,908, while the fatality rate has further declined to 1.76 per cent. There are 8,01,282, active cases in the country which comprises 21.26 per cent of the total caseload, the data stated.
COVID-19 antibodies present in patients four months after recovery – study
An editorial that accompanied the study cautioned that it is unclear if recovered patients’ antibodies will protect them from reinfection.
However, it suggested that antibody tests may be a cost-effective alternative to infection testing alone, and may work better in surveying populations as countries look to safely reopen their economies and schools.
Global reinsurers maintain equilibrium through COVID-19 turbulence:AM Best
The global reinsurance composite has produced a five-year (2015-2019) average combined ratio of 99.6% and a return on equity of 5.7%. The report notes, however, that 3-4 percentage points of that combined ratio performance is attributable to favorable loss reserve development. This benefit continues to diminish, and without prompt, corrective action, will create a drag on earnings.
Companies’ individual abilities to take advantage of the hardening market conditions are likely to be influenced by a flight to quality. After three years of significant industry losses, those companies with a solid financial strength, robust reputation and market position, as well as stable, consistent and transparent results, should be best-positioned to optimize their underwriting risk portfolio and continue to attract and deploy capital. In the medium term,
Swiss Re Ltd. retained the top spot as the world’s largest reinsurer, as measured by reinsurance gross premium written, in AM Best’s highly regarded annual ranking of the Top 50 Global Reinsurance Groups. Munich Reinsurance Company again was No. 2 in this latest ranking as the top 10 remained largely stable from last year.