Shaktikanta Das,Governor,Reserve Bank of India His remarks come...
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‘Heavy fuel’ leaked from power station in Manipur spills into streams
The Chief Minister's Office (CMO) directed the departments...
Nearly 10,000 died from COVID-19 last month, Fueled by holiday gatherings and new variant, WHO Says
Tedros Adhanom Ghebreyesus, director general, WHO, said nearly...
No evidence to show COVID-19 spreads through corpses HC
The bench added the corporation and other authorities concerned shall have to follow the guidelines prescribed by the Government of India and the World Health Organisation (WHO) for safe disposal of bodies infected with COVID-19.There is no scientific data to show that COVID-19 can spread through a dead body, the bench said while dismissing the petitions.
IRDA asks insurers to settle Amphan claims expeditiously
There is an urgent need for the insurance industry to take immediate steps to mitigate the hardships of the affected insured population by ensuring immediate registration and settlement of eligible claims, said IRDAI
Lancet study finds no benefit for hydroxychloroquine in Covid-19 patients
The scientists said these drugs should not be used to treat Covid-19 patients outside of clinical trials until results from randomised clinical trials are available to confirm their safety and efficacy for Covid-19 patients.
French court orders AXA to pay restaurant’s COVID-19 Business Interruption Losses;AXA to appeal
The court said that the administrative decision to close the restaurant qualified for insurance cover as a business interruption loss.
“This means that all companies with the same clause can appeal to their insurers,” Anais Sauvagnac, lawyer of Stephane Manigold, who owns four restaurants in Paris, said.
Australia clamps down on litigation funders following surge in class action lawsuits
Litigation funders provide financing for lawsuits in exchange for a share of any settlement or judgment. If the litigant loses, it does not have to repay the financial investor.
RBI slashes repo rate by 40 bps,says GDP growth in negative territory in 2020-21
The RBI also extended the moratorium on payment of loans by another three months till August to provide much-needed relief to borrowers whose income has been hit due to the coronavirus crisis.
Maha fixes price cap on pvt hospitals treating COVID-19 cases
Non-government health care providers in Maharashtra have been asked to accommodate maximum number of patients with 80 per cent of the operational bed capacity to be regulated by rates sanctioned by the government.
US class action lawsuit against Infosys & top brass dismissed
“The complaint, which was filed in the Eastern District of New York, was brought on behalf of a class consisting of persons or entities who purchased the company’s publicly traded securities between July 7, 2018 and October 20, 2019, and alleged claims for violations of the US federal securities laws,” Infosys said in a regulatory filing on Friday.
COVID-19 death toll climbs to 3,583 in India
The number of active COVID-19 cases stood at 66,330, while 48,533 people have recovered and one patient has migrated, it said.
Over 50% of urban Indians feel COVID-19 situation getting worse
When asked about their concerns regarding the COVID-19 outbreak, a large majority (73 per cent) are very or fairly worried about the pandemic”s long-lasting negative impact on the society and its severe impact on their finances (71 per cent), it added.