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US SEC approves bitcoin ETFs in watershed for crypto market
Standard Chartered analysts this week said the ETFs could draw $50...
Finance Minister Nirmala Sitharaman unveils GIFT city’s financial landscape
Nirmala Sitharaman,Finance Minister GIFT authorities are also...
UK’s Aviva expects COVID-19-related claims of nearly $200 Million
Aviva said on Thursday the “vast majority” of its commercial policies did not cover business interruption claims arising from COVID-19, but it had paid some claims in Britain and Canada where cover was in place.
UK insurers,banks prepare for return to office of the future
And while the 330-year-old Lloyds of London insurance market does not plan to reopen its underwriting floor before August, 40-50 “pathfinders” may start returning from June, its Chief Executive John Neal said.
Spike in cyber crimes amidst lockdown: Maha home minister
He said that there has been “a big rise” in crimes like spreading provocative content, rumours and objectionable posts against women and creating communal divide using social media platforms like WhatsApp, Facebook, Twitter, Instagram and TikTok.
First COVID-19 vaccine human trial finds it is safe, induces immune response
However, the scientists, including those from the Beijing Institute of Biotechnology in China said further research is needed to confirm whether the vaccine protects against SARS-COV-2 infection.
“These results represent an important milestone. The trial demonstrates that a single dose of the new adenovirus type 5 vectored COVID-19 (Ad5-nCoV) vaccine produces virus-specific antibodies and T cells in 14 days,” said study co-author Wei Chen from the Beijing Institute of Biotechnology.
Record jump in COVID-19 cases,137 more deaths
More than 70 percent of the deaths are due to comorbidities, according to the ministry website.
The highest number of confirmed cases in the country are from Maharashtra at 44,582 followed by Tamil Nadu at 14,753, Gujarat at 13,268 and Delhi at 12,319.
AIIMS Rishikesh preparing database of critically ill patients to save them from Coronavirus,says official
“People suffering from critical ailments are more at risk of contracting coronavirus than people in general. We have begun preparing a database of such patients to keep a watch on them in particular and save them from getting infected,” nodal officer for COVID-19 cases at AIIMS, Rishikesh Madhur Uniyal told PTI.Diabetics, people on dialysis, those suffering from coronary disease, lung infection or kidney disease fall into the category named co-morbidity, he said.
Will try to restart international flights before August: Aviation Minister
“I am fully hopeful that before August or September, we will try to start a good percentage of international civil aviation operations, if not complete international operations,” Puri said during a Facebook live session.
“I can’t put a date on it (restarting international flights). But if somebody says can it be done by August or September, my response is why not earlier depending on what is the situation,” he said.
Indian economist appointed to key World Bank position on climate change and disaster management in South Asia
In his capacity as World Bank’s Practice Manager for Climate Change and Disaster Risk Management for South Asia, one of the top priorities of Jha will be to encourage and help the South Asia region (SAR) Disaster Risk Management and Climate Change team to connect and collaborate across Global Practice boundaries, the bank said in a statement on Friday.And also to the World Bank to conceive and deliver innovative and high-quality development solutions to respond to client demands and strengthen disaster risk management and climate action in the region, the statement said.
Lockdown will no longer help in Covid-19 fight: Virologist Shahid Jameel
“We reached community transmission a long time ago. It’s just that the health authorities are not admitting it. Even ICMR’s own study of SARI (severe acute respiratory illness) showed that about 40 per cent of those who tested positive for SARS-CoV-2 did not have any history of overseas travel or contact to a known case. If this is not community transmission, then what is?” he posed.
British companies to pay 20-30% of furloughed employees’ wages
in what may come as a major relief to businesses, the Indian government has withdrawn its order directing employers to pay wages to workers, even with units remaining shut during lockdown.
The Ministry of Home Affairs (MHA) had issued a fresh set of guidelines repealing the order dated March 29, 2020 which had talked about compulsory wage payment to workers during lockdown.