Shaktikanta Das,Governor,RBI Das said taking into account the...
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Pharma majors face disruptions in ops due to Sikkim flash floods
No major disruption is expected in supply chain as the...
The six weeks following flooding event critical for public health monitoring, new decadal study suggests
These flood-and-death associations varied with local climate types...
Boeing Creates $50M Crash Victims’ Fund
Boeing reiterated on Wednesday that the money distributed through the fund would be independent from the outcome of any lawsuits. The company is facing a slew of litigation from the families of victims of both crashes.
WHO updates global guidance on medicines and diagnostic tests
“Around the world, more than 150 countries use WHO’s Essential Medicines List to guide decisions about which medicines represent the best value for money, based on evidence and health impact,” said WHO Director-General Dr Tedros Adhanom Ghebreyesus. “The inclusion in this list of some of the newest and most advanced cancer drugs is a strong statement that everyone deserves access to these life-saving medicines, not just those who can afford them.”
Freak weather poses new risk to India’s renewables goals
It’s not just unpredictable rainfall but also solar radiation in India that can no more be taken for granted. Over the last 6-8 months radiation has been lower by 4% to 6%, hurting power generation, according to Vinay Rustagi, managing director at renewable energy consultancy Bridge to India Energy Pvt.
Government to prepare national data on unorganised sector
There is no separate published data for unorganised sector as a whole. “However, the shrinking of unorganised sector is a positive indicator of development,” Labour and Employment Minister Santosh Kumar Gangwar said
Shipping firms begin hiring unarmed guards for voyages in Middle East Gulf
-Jim Hilton, managing director with maritime security company PVI, said while a ship’s crew were able to carry out functions including increased watches and regular walk-rounds of the vessel, external support could provide “psychological comfort.”
-Additional insurance premiums are up tenfold, adding as much as $100,000 in costs for a supertanker sailing on a seven-day trip, ship insurers added
Financial world’s blockchain euphoria gives way to pragmatism as projects stall
The euphoria that surrounded the early days of Wall Street’s interest in blockchain is giving way to pragmatism, as companies realize that it will likely take years before it takes off in a substantial way.
Indo-UK partnership to focus on insurance,fintech, green finance and infrastructure investment
As the most recent budget announced by the new Indian Finance Minister shows, there’s a lot of opportunity for collaboration. Whether it is developments in the insurance sector, raising capital from external markets or infrastructure expertise – the City is well placed to help, he said.
EU braces for No-Deal Brexit if Johnson becomes UK Prime Minister
A no-deal Brexit could tip Britain into recession, undermine sluggish euro zone growth and weaken London’s claim to be the world’s pre-eminent international financial center.
Govt plans to tweak PMFBY; to make crop insurance voluntary to all farmers
The agriculture ministry has also proposed setting up of State Level Corpus Fund, and migration of savings to a National-level Insurance Risk Pool to quell public perception that insurance companies are making profits from the scheme, the official said.
Motor Vehicles (Amendment) Bill introduced in Lok Sabha
The Union Minister said that every year around 1.5 lakh people die in road accidents and the Bill would a step ahead to save these lives.”Around 30 per cent driving licences in the country are bogus. Getting licences in India is most easy. People have no fear of law and they do not care of the fines of Rs 50 or 100,” he said.