Supreme Court Advocate and chairman of the International Commission...
Category:
Eco/Invest/Demography
Latest
India to remain fastest-growing major economy in 2024
''After a couple of difficult years, the economic environment is...
2023: AI becomes hashtag, goes mainstream; India sets guardrails for data privacy, user safety
India’s resolve to safeguard netizens from new kinds of user harms...
Business optimism for April-June for Q2 falls to record low, worse than 2009 financial crisis: Report
“The index has dropped 7 per cent more than it did during the 2009 financial crisis. The near halt in almost all non-essential activities in the industrial and services sectors due to the nation-wide lockdown has led to a fall in the optimism levels for net sales and new orders to the lowest level in 18 years,” Dun & Bradstreet Chief Economist Arun Singh said.
RIMS urges Congress to create a Pandemic Risk Insurance Programme
According to RIMS’ letter, a pandemic risk insurance program would provide greater access to capital from lenders and establish a viable insurance market with sufficient, affordable capacity. Additionally, it would create certainty for businesses and organizations of all sizes across the United States and ensure that businesses can meet future pandemic events with greater resilience.
UK insurers in talks with Govt about creating trade credit backstop
Britain has already extended its government export insurance scheme to a broader range of countries, as commercial insurers pull out.
For example Tradelock, a unit of trade credit insurer Euler Hermes focusing on British SMEs, has stopped offering cover to new customers.
Coronavirus heightens risk environment for cargo shippers and transportation companies: Allianz
“The current pandemic situation has impacted the global supply chain in an unprecedented manner and risks to cargo in storage and transit, especially to high-value and temperature- sensitive goods have significantly increased,” says Captain Rahul Khanna, Global Head of Marine Risk Consulting at AGCS.
“Locked down and unmanned facilities means not only an increased risk of theft and fire to the cargo but also risk of damage to goods due to extended storage periods. Transit disruptions to cargo due to closed borders, delayed customs clearances or simply due to lack of personnel can mean long delays to delivery times or even cargo being abandoned. Companies should do all that they possibly can to implement robust planning of cargo shipments and ensure they have back-up plans in place because of the last minute shutdowns we are seeing around the world.”
Centre objects to Kerala easing lockdown restrictions
Such additional activities allowed by the government of Kerala, include opening of local workshops, barber shops, restaurants, book stores, MSMEs in municipal limits, bus travel in cities and towns for shorter distance (upto 60 km), two passengers in the back seat of four wheeler and pillion riding on scooters
Some nutrition tips while you’re working from home
Nutritionist Pooja Makhija suggested that trigger foods like junk and chocolate that tempt one to snack or over-indulge should be cleared from the cupboards. “Stock up your pantry with healthy foods like fruits, vegetables, dry fruits, rich in fibre foods, healthy fats, etc…”
“You might be tempted to continue working through your lunch break especially while working from home. Dont do it.
China says India’s new FDI rules violate WTO principles, hopes for revision
On Saturday, India stepped up scrutiny of investments from companies based in neighbouring countries, in what is widely seen as a move to stave off takeovers by Chinese firms during the coronavirus outbreak.
Flight bookings only after Govt decison on lockdown
“Airlines are advised to open their bookings only after a decision in this regard has been taken by the government,” the minister added.Earlier on Saturday, Air India said it has opened bookings on select domestic flights from May 4 and on select international flights from June 1.
Postal employees to get Rs 10 lakh compensation in case they succumb to COVID-19
“In the context of COVID-19 situation, it has been decided to extend payment of compensation of Rs 10 lakh to all postal employees, including Gramin Dak Sevaks (GDS), succumbing to the disease while brought on duty. The guidelines will come into effect immediately and continue for the entire period till the crisis of COVID-19 is over,” the Ministry of Communications said in a statement.
AUM under National Pension Scheme, Atal Pension Yojana touch Rs 4.17 lakh cr: PFRDA data
“The pension assets accumulated under NPS through monthly contributions by central government employees have reached Rs 1.38 lakh crore and state government employees have touched Rs 2.11 lakh crore, respectively,” PFRDA data showed.