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Health Insurance: Key developments poised to redefine the sector
Krishnan Ramachandran, MD & CEO at Niva Bupa In a bid to...
Facebook invests $5.7 billion in Reliance unit to reach small Indian grocers
Facebook co-founder and CEO Mark Zuckerberg said, “India is home to the largest communities on Facebook and WhatsApp, and a lot of talented entrepreneurs. The country is in the middle of a major digital transformation and organizations like Jio have played a big part in getting hundreds of millions of Indian people and small businesses online.”
Death toll due to COVID-19 touches 645; cases rise to 20,178,government plans countrywide survey
In addition to keeping a track of all citizens with the Arogya Setu app, the Indian government has now decided it will call up every mobile number in the country and conduct a survey regarding the pandemic. Details about the nature of the survey are not immediately clear
Caronavirus Pandemic:Over 154 crore students severely impacted by closure of educational institutions across the world
“Particularly for women and girls in countries where limited social protection measures are in place, economic hardships caused by the crisis will have spill-over effects as families consider the financial and opportunity costs of educating their daughters. While many girls will continue with their education once the school gates reopen, others will never return to school,” Stefania Giannini, UNESCO’s Assistant Director-General for Education said.
Hydroxychloroquine not effective against COVID-19: Study
“Hydroxychloroquine use with or without co-administration of azithromycin did not improve mortality or reduce the need for mechanical ventilation in hospitalised patients,” the scientists wrote in the study.
On the contrary, they said, hydroxychloroquine use alone was associated with an increased risk of death compared to standard care alone.
Global CEOs see U-shaped recession, fear death of some brands: Study
Business leaders in the hospitality and restaurant sectors were the most vulnerable with 41% of executives saying their firms were at risk of not surviving, while 30 per cent in aviation and 19 per cent in wholesale and retail sales feared they may go under, the survey found.
Almost two-thirds of business leaders forecast a negative impact on earnings to continue for more than a year, while a quarter expect their workforce to be down by more than 20 per cent a year from now.
COVID-19: Govt proposes tough law to ensure safety of healthcare professionals
The Union Cabinet on Wednesday approved an ordinance, making acts of violence and harassment against healthcare personnel deployed in combating COVID-19 a non-bailable offence with maximum punishment of seven years imprisonment and Rs 5 lakh fine.
US State files lawsuit against China on coronavirus handling
The lawsuit alleges that during the critical weeks of the initial outbreak, the Chinese authorities deceived the public, suppressed crucial information, arrested whistleblowers, denied human-to-human transmission in the face of mounting evidence, destroyed critical medical research, permitted millions of people to be exposed to the virus, and even hoarded personal protective equipment (PPE, causing a global pandemic that was unnecessary and preventable.
EPFO settles 10.02 lakh withdrawal claims including 6.06 lakh COVID-19 advances in last 15 working days
A provision for withdrawal from the EPF Scheme to fight COVID-19 pandemic was announced by the government and an urgent notification issued, providing for non-refundable withdrawal to the extent of basic wages and DA for three months or up to 75 percent of the amount standing to member’s credit in the EPF account, whichever is less.
Covid-19 Pandemic:Trump says he will suspend all immigration into U.S. over coronavirus
“In light of the attack from the Invisible Enemy, as well as the need to protect the jobs of our GREAT American Citizens, I will be signing an Executive Order to temporarily suspend immigration into the United States,” Trump said in a tweet.
Virus upends outsourcing as firms ‘Reshore’, Embrace AI
But the bigger lasting change from the pandemic will likely involve the wider use of artificial intelligence to handle tasks currently performed by human beings, experts said.
“AI doesn’t go on strike, it can work 24/7 and throws up fewer complications,” said Michael Czinkota, who teaches international business at Washington’s Georgetown University.