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Sebi is looking to create a new asset class, says Madhabi Puri Buch
"We feel there is room for an additional asset class somewhere...
6 crore hospital admissions costing Rs 77,298 cr authorised under AB PM-JAY till Nov 30: Govt to LS
As of December 2, a total of 26,774 hospitals, including 11,733...
Coronavirus likely to trigger Pandemic Bond payouts to poor countries
The bonds were issued to raise money to help poorer countries respond to a pandemic. Boston-based private company AIR Worldwide Corporation determines whether a trigger event has occurred, based on an outbreak meeting a list of criteria in areas such as geographic spread, rate of growth and number of deaths.
In dramatic step, Trump restricts travel from Europe to US to fight coronavirus
After triggering confusion by suggesting that “trade and cargo” from Europe would also be banned, Trump was forced to clarify his statement with a tweet moments after the speech that “trade will in no way be affected” by the travel restriction.
“The restriction stops people not goods,” he said in the tweet.U.S. stock futures ESv1 slid further as the president spoke, down more than 4% and signaling another day of losses awaits Wall Street.
Couple suing Princess Cruise Line over Coronavirus claims improper screening
“Defendant Princess chose to place profits over the safety of its passengers, crew and general public in continuing to operate business as usual, despite their knowledge of the actual risk of injury to plaintiffs, who are elderly with underlying medical conditions,” the complaint said.
U.N. urges Iran to free political prisoners temporarily amid coronavirus
Iran’s judiciary chief said on Monday authorities had temporarily freed about 70,000 prisoners to help limit the spread of coronavirus as officials reported hundreds of new infections and dozens more deaths across the country.
FACTBOX: Latest news on Coronavirus’ health, economic impact
South Korea reported 69 new cases, bringing the country’s total infections to 7,382.
* Bangladesh on Sunday confirmed its first three cases, two of them in people recently returned from Italy.
Asia shares bounce as stimulus hopes stem rout, for now
“Although uncertainty is very high, we now expect similar restrictions will be put in place across Europe in the coming weeks,” warned economists at JPMorgan.
Seguros Unimed partners with dacadoo to provide digital health services in Brazil
Unimed is the largest Brazilian medical work cooperative and health insurance operator. It is considered the largest of its kind in the world, with more than 150,000 affiliated physicians, 386 Unimed branches and around than 18 million beneficiaries. The insurance arm Seguros Unimed is among the largest insurance carriers in Brazil, offering health, life and various other insurance products to its Unimed beneficiaries and affiliates physicians.
Coronavirus: Govt asks CAPFs to prepare over 5,400-bedded quarantine facilities pan-India
Three new cases of coronavirus have been reported in the country, taking the number of cases to 42, Union Health Ministry officials said on Monday.
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Coronavirus outbreak could cost global economy up to $2 trillion UNCTAD
A preliminary downside scenario sees a USD 2 trillion shortfall in global income with a USD 220 billion hit to developing countries (excluding China). The most badly affected economies in this scenario will be oil-exporting countries, but also other commodity exporters, which stand to lose more than one percentage point of growth, as well as those with strong trade linkages to the initially shocked economies.
Coronavirus outbreak: Foreign investors bleed money; sell $9 billion Asian equities so far
Indian equities, which are also hit by a turmoil at private sector lender Yes Bank, saw an outflow of $1.7 billion. Indonesian and Philippine equities witnessed the least amount of foreign fund outflows, with just about $108 million and $65 million, respectively