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Mahindra Finance & IBM collaborate to drive financial inclusion with Super App
This app will be housing Mahindra Finance’s various vehicle and...
Marine insurers continue to support trade in the Red Sea & Black Sea
The impact on Suez Canal transits and global supply chains are...
Second wave of coronavirus in Asia prompts fresh lockdowns
While much of Asia is reimposing lockdowns and other curbs on movement, India continues to ease restrictions despite a relentless rise in infections. India has a total of 1.4 million cases, behind only the United States and Brazil.
Government launches ‘Mausam’ app for weather forecasts
It will provide current weather information, including temperature, humidity, wind speed and direction, for 200 cities. The information will be updated eight times a day.
The app will provide weather forecast for the next seven days for around 450 cities in India. Weather information of the past 24 hours will also be available on the app.
Increase in AI intensity by 1 unit can lead to 2.5% increase in GDP: ICRIER
“The results find a positive and significant relation between AI using firms and TFP (total factor productivity) growth. The estimates suggest that a unit increase in AI intensity, measured as the ratio of AI investments to total sales, can result in a 2.5 percent increase in India’s GDP in the immediate term,” it said.
Majority consider health insurance cover as a necessity in post-COVID era,says survey
“COVID-19 has brought a paradigm shift in people’s mindset. Coronavirus has led to an increased awareness amongst people about the importance and benefits of health insurance during a pandemic situation like COVID-19. There has been a remarkable shift in the mindset of people before and after COVID-19, as earlier only 10 percent people were interested in purchasing,” as per the survey done by the private sector health insurer.
Travel bans cannot be indefinite,countries must fight virus at home – WHO
“…It is going to be almost impossible for individual countries to keep their borders shut for the foreseeable future. Economies have to open up, people have to work, trade has to resume,” WHO emergencies programme head Mike Ryan said.
AIR Worldwide releases updated Earthquake Model for Australia
“This model has been developed to meet the wide spectrum of earthquake risk management needs of the insurance industry and we took a careful and thoughtful approach in order to deliver this update,” said Dr. Jayanta Guin, executive vice president and chief research officer, AIR Worldwide.
About 84,545 bank fraud cases reported during 2019-2020, says RBI,in reply to RTI
it may be noted that total number of frauds reported to have been committed by staff, as reported by Scheduled commercial banks and Select FIs during FY 2019-20 is 2,668 and amount involved therein is Rs 1,783.22 cr,” the central bank said.
Due to ‘right decisions taken at right time’ India better placed in COVID-19 fight: PM Modi
Prime Minister Modi said it was imperative for the country to develop corona-specific health infrastructure at a fast pace and pointed out that this was the reason that the Centre had announced a package of Rs 15,000 crore at the beginning of the COVID-19 battle
Google working on smart tattoos that turn skin into living touchpad
The project is an effort to create the next generation of wearable technology devices, the CNET reported citing white papers and demo videos,
The researchers at Saarland University in Germany wrote in a white paper that the benefit of using skin as an interface “is tapping into the fine motor skills that human beings naturally have”.
Second COVID-19 wave forces new travel curbs around the globe
Europe has yet to lift bans on travellers from several countries, including the United States, where premature reopenings have led to record numbers of infections and deaths in many states.