The company also secured the top rank in the marine ports sector on...
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Weakening El Nino conditions raise hopes of ‘bountiful monsoon’ in India
Weather scientists in India, tracking the developments closely,...
In 2050, one-third of global river sub-basins could face water scarcity: Study
“These water scarcity hotspots were mainly distributed in southern...
Shadow of second wave of the virus spoils world leaders’ efforts to restore normality
From Italy to New Zealand, irrespective of how well the virus was contained, governments acknowledge that fresh waves of the deadly coronavirus are likely and that the policy tools to mitigate the damage are limited.The hope is that localizing quarantines to towns, cities and regions will be enough to snuff out bouts of infections as they come.
Commercial vehicle sales may fall by 30% in the current year
“Demand revival could be hastened in case of implementation of long due scrappage policy, reduction in GST rates from the current 28 per cent along with substantial economic measures including government’s push towards additional infrastructure projects,” the report said.
Why COVID-19 is killing U.S.diabetes patients at alarming rates
America’s mortality rates from diabetes have been climbing since 2009 and exceed most other industrialized nations. Blacks and Latinos suffer from diabetes at higher rates than whites and have disproportionately suffered from COVID-19.
“Diabetes was already a slow-moving pandemic. Now COVID-19 has crashed through like a fast-moving wave,” said Elbert Huang, a professor of medicine and director of the University of Chicago’s Center for Chronic Disease Research and Policy.
Record numbers of coronavirus cases in every global region
“We will not be going back to the ‘old normal’. The pandemic has already changed the way we live our lives,” World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus said this week. “We’re asking everyone to treat the decisions about where they go, what they do and who they meet with as life-and-death decisions – because they are.”
Copious monsoon rains spur summer crop sowing in India
India has received 6% above average rainfall since June 1.
The weather office defines average, or normal, rainfall as between 96% and 104% of a 50-year average of 88 cm for the entire four-month season.
Water levels in main reservoirs were at 39% of their storage capacity, against 25% at the same time last year.
Earth’s atmosphere more sensitive to CO2 emissions than thought,study finds
WASHINGTON: Hopes that the rise in average global temperatures by 2100 might be capped below 2.5C can be all but ruled out if greenhouse gas emissions continue at the current rate, new research reassessing the atmosphere’s sensitivity to CO2 suggests.The...
COVID-19 Pandemic:India tally crosses 13 lakh with 48,916 fresh cases;death toll now 31,358
With 48,916 fresh cases, the country’s coronavirus infection tally surged to 13,36,861, while the death toll rose to 31,358 with 757 more people succumbing to the disease in the last 24 hours, data updated by the ministry at 8 am showed.
This is the third consecutive day when COVID-19 cases increased by more than 45,000.
There are currently 4,56,071 active cases of COVID-19 in the country.Thus, around 63.54 percent people have recovered so far.
Insurers explore officer coverage as police reform debate rages in US
U.S. insurers and brokers see a potential market opening up after a New York state lawmaker this month introduced legislation that would require individual officers to carry liability coverage for lawsuits alleging excessive force, abuse or other misconduct.
Currently, most police officers rely on municipalities to cover legal costs and payouts to victims, either from public funds or blanket insurance. Critics say that provides no incentive for officers to check their behavior, often leaving taxpayers on the hook. New York City paid $220 million last year for police department settlements of civil lawsuits, far more than any other of the city’s agencies, public data show.
11 investment bankers in the fray to manage LIC’s mega IPO
These entities include Axis Capital, Citigroup Global Markets, CLSA, Credit Suisse Securities, Deloitte India, Edelweiss Financial Services, IDFC Securities, IIFL Securities, JM Financial, SBI Capital Markets and YES Securities.
LIC’s IPO is expected to be the largest in the domestic capital markets and time line for the IPO is not yet known though Finance Minister Nirmala Sitharaman in her 2020-21 budget speech had announced that the proposed IPO which would contribute majorly in this financial year’s ambitious Rs 2.1-trillion disinvestment target
Lloyd’s approves “Syndicate-in-a-Box”,to insure transport of future COVID-19 Vaccine
Syndicate 1796 has been developed by Parsyl, an insurance technology company and Lloyd’s Lab alumni, in close partnership with Ascot as managing agent, and in cooperation with AXAL XL, McGill and Partners and Gavi, the Vaccine Alliance. The Syndicate forms the foundation of the new Global Health Risk Facility (GHRF) at Lloyd’s, which aims to provide comprehensive insurance and risk mitigation services to support the manufacturing and distribution of COVID-19 vaccine development efforts. It aims to start writing business from 1 October 2020.