The decision came in April after the utility sought advice from the...
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London marine insurers widen high risk zone in Red Sea as attacks surge
Iranian-backed Houthi militants in Yemen have stepped up attacks on...
Generative AI can add cumulative USD 1.2-1.5 trillion to India’s GDP by FY30: EY
The two primary challenges faced by organisations currently are...
Caronavirus Pandemic:Elderly, differently-abled to get 3 months’ pension in advance
The Centre has decided to give three months pension in advance to all the 2.98-crore beneficiaries by the first week of April, according to the officials.
As per the NSAP, Rs 200 per month is given to senior citizens from 60-79 years of age and Rs 500 per month to 80 years and above.
SC nod to 10-day sale of 10% of BS-IV unsold inventory post lockdown
A bench of Justices Arun Mishra and Deepak Gupta, which heard the matter on Friday through video-conferencing, made it clear however that no BS IV vehicles will be allowed to be sold in Delhi-NCR from April 1, 2020.
Climate and Pandemics
Dr. Sousounis has highlights his observations of climate on historical pandemic outbreaks. He also discusses how climate, if not climate change, may affect the outcome of COVID-19 and future public health crisis’s
Coronavirus cases rise to 873 in India, highest single-day jump in number of cases
New Delh: The number of COVID-19 cases climbed to 873 in India on Saturday with the death toll rising to 19, according to the Union Health Ministry. While, the US surpassed China in Covid-19 cases, global infections have crossed 597,267 mark. As many as...
Maha govt mulls insurance for staff treating COVID-19 patients
In a Facebook live, Maharashtra Health Minister Rajesh Tope said apart from the insurance cover, the government also plans to give monetary incentive to the staff.
Around 84pc working professionals hit by coronavirus outbreak: Report
“A vast majority of urban Indian working professionals claim the Coronavirus has impacted their business. Although cancelled or delayed business trips emerged as the most visible initial impact of the virus, declining sales are expected to be the greatest commercial woe in the future, ” the report highlighted.
21-day lockdown Care Ratings predicts Rs 7.2 lakh crore impact on economy
“Assuming 80 per cent production is lost, and 20 per cent of the economy (that constitutes the essential services and farming) still functions, Rs 35-40000 crore of GDP will be lost every day. Of the 21 days lockout, 14 days spill over to FY21, therefore potential total loss will be in the region of Rs 6.3-7.2 lakh crore assuming 18 working days will be split across the two years,” says the report.
Casino gambles on Coronavirus Business Interruption Lawsuit Against Lloyd’s, AIG, XL
The Chickasaw lawsuit is the second in more than a week in which a business has asked a court to declare that the coronavirus is a type of “direct physical loss or damage” that would require insurers to pay for lost revenue.
As Coronavirus threatens gig workers, Uber presses for new worker classification
Uber Chief Executive Dara Khosrowshahi on Monday urged U.S. legislators to use the current crisis as an opportunity to implement changes to existing employment law by creating what the company calls a “third way” in between employment and contractor status.
Willis Towers Watson develops new feature for tracking pandemic cases against P&C clients’ global assets
“Asia is at a more advanced phase of the COVID-19 pandemic. After months of managing the outbreak and impact of the coronavirus here, there are encouraging indications that some countries in the region are controlling the spread of the virus, whilst others are showing signs that they are commencing the recovery process. This presents an opportunity for organisations to track the receding virus in these geographies and commence planning for the resumption of business operations as soon as it is practical. The new COVID-19 feature in the tool will be beneficial in assisting our clients and facilitate this process,” added Vince Mossfield, Liability Practice Head, Risk & Analytics Asia, Willis Towers Watson.