'It is clarified that as per section 2(28) of the MV Act, vehicles...
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World bank and Fathom tie-up for free flood data access for 16 climate vulnerable countries
These countries are among the most vulnerable to climate change,...
Japan unexpectedly slips into recession, Germany now world’s third-biggest economy
"What's particularly striking is the sluggishness in consumption...
Americans driving older cars as average age nears 12 Years
The aging U.S. vehicle fleet has been an issue as U.S. lawmakers have debated economic stimulus plans. Proposals to provide government-funded incentives to retire older, more polluting vehicles,or encourage drivers to get new vehicles with more advanced safety technology have so far not gained much traction.
UK sets up $647 million emergency insurance fund for film and TV
As filmmakers try to get back to work, they are finding some insurers have stopped providing the COVID-19 coverage they need to secure financing.
The government said the insurance fund will be available to all productions made by companies where at least half the production budget is spent in the UK, and is estimated to cover more than 70% of the film and TV production market.
California scrutinising Amazon’s treatment of workers during Coronavirus outbreak
The lawsuit alleges unsafe practices such as having workers share equipment such as freezer suits and failing to allow extra time for safe social distancing.
More S.African insurers yield to customer demands to pay COVID BI claims
The FSCA and the Prudential Authority, which oversees the strength of the financial-services industry, last week struck a deal with insurers to consider once-off payments to help keep customers afloat, while courts decide whether insurers are correctly interpreting the terms of contracts.
In Mumbai’s slums,over half of population probably infected with coronavirus,survey says
Suresh Kakani, an official at Mumbai’s civic body, said the results of the serological survey showed that the city may be inching towards herd immunity.
Around 65% of Mumbai’s 12 million people live in the cramped, airless slums, making for easy transmission of the disease. The survey found that only 16% of those living outside the slums had been exposed to the virus, the low proportion likely the result of social distancing and lockdowns.
About 57% of slum-dwellers have tested positive for antibodies for the coronavirus, from a random sample size of 7,000 people, according to the survey jointly conducted by Mumbai’s municipality, government think tank Niti Aayog and the Tata Institute of Fundamental Research.
Unlock 3.0:Metro Rail,Cinema halls,swimming pools,entertainment parks,theatres,bars,auditoriums to remain shut till Aug 31
Schools, colleges and coaching institutions will remain closed till August 31, 2020, said the MHA.
Also there can’t be social/ political/ sports/ entertainment/ academic/ cultural/ religious functions and other large congregations.
S.Africa’s Santam to pay $60 mln as BI claims ti virus-hit firms within months:CEO
Regulator the Financial Services Conduct Authority (FSCA) said last week that the main South African insurers involved would offer clients relief payments to help see them through, though some businesses or their law firms raised concerns including about how long it would take to pay out the money.
Germany prepares “action plan” to reform banks, insurers and payment companies post Wirecard scandal
Financial watchdog BaFin, which reports to Scholz’s ministry, was sued by Wirecard investors who say the regulator turned a blind eye to widespread evidence of an accounting scandal.
Study finds heart inflammations in recently recovered Covid-19 patients
Researchers said the reported symptoms were independent of preexisting conditions, severity and overall course of the acute illness, and time from the original diagnosis.
Active job seekers confident about career progression as economy reboots:Linkedin Survey
This growing confidence comes at a time when the economy continues to reboot, thus sparking hiring prospects across varied industries such as e-commerce, IT services, insurance and gaming.