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Facebook users affected by data breach eligible for compensation, German court says
Thousands of Facebook users in Germany are demanding compensation...
Life insurance drives global premium growth as interest rates remain higher for longer, says Swiss Re
Insurance premium growth forecast in real terms...
India’s COVID death rate hit record in June after calls for better data
“The Delta variant is both the most contagious variant and among the most dangerous variants in terms of infection fatality rates,” said Christophe Z Guilmoto, a demographer at the French Institute of Research for Development in New Delhi, who has studied COVID-19 mortality in India. “It did play an increasing role at the end of India’s second wave, and this may explain why the daily count of deaths in India isn’t coming down as fast as we expected/hoped.”
Delhi govt launches financial assistance scheme for families of Covid victims
”Each family in which a death has occurred due to Covid will be provided an ex gratia of Rs 50,000.”
”We are launching a portal through which such people can apply for financial assistance. Our representatives will also visit such families and get applications filled up,” he added.
The chief minister said such representatives will not reject claims of families in case any document is missing and will only facilitate the process.
There is no income criterion to apply for financial assistance under the scheme.
New Zealand gov’t to establish consumer data right
“Any data shared through the consumer data right will only take place with a person’s informed consent and would be strictly used for the reasons agreed upon. For example, if a person was seeking financial advice, they could ask their bank to share data, such as transaction information, with their chosen adviser,” New Zealand, Commerce and Consumer Affairs Minister David Clark said.
Job openings for permanent staffers to be adversely affected due to 2nd wave of COVID-19: Survey
”At the beginning of the year, India was witnessing a steady economic recovery and an upward curve in hiring. But the overwhelming situation due to the second wave of COVID-19 had a huge impact on the employment rate and hiring process in the country. Restrictions in mobility also resulted in job losses in many sectors,” Genius Consultants CMD R P Yadav said.
Demographic Drag:China may not be able to overtake US economy
Over the long haul, three factors determine an economy’s growth rate. The first is the size of the workforce. The second is the capital stock—everything from factories to transport infrastructure to communication networks. Finally there’s productivity, or how effectively those first two can be combined.
In each of these areas, China faces an uncertain future.
73 districts reported over 10 pc Covid positivity rate in June 29-July 5 week: Govt
Addressing a press conference, Joint Secretary in the health ministry Lav Agarwal said these 73 districts include Arunachal Pradesh (18), Rajasthan (10), Manipur (9), Kerala (7), Meghalaya (6), Tripura (4), Sikkim (4), Odisha (3), Nagaland (3), Assam (2) and Mizoram (1).
Ayurveda practitioners to discuss devplt, adopting uniform treatment protocol for covid-19 in kids
Last month, the Ayush ministry released detailed guidelines to deal with COVID cases in children, stressing the need for preventive treatment (Prophylaxes) as the most effective approach to protect children from this deadly virus.
Twitter loses immunity over user-generated content in India
India’s IT ministry told the High Court in New Delhi that Twitter’s non-compliance amounted to a breach of the provisions of the IT Act, causing the U.S. firm to lose its immunity, according to the filing dated July 5. The filing came in a case filed by a Twitter user who wanted to complain about some allegedly defamatory tweets on the platform, and said the company was not complying with the new law that requires appointment of certain new executives.
Cyber insurance industry to exceed $20bn by 2025, says GlobalData
The market recorded growth of 33.5 per cent in 2020 as businesses around the world realized the increased threat COVID-19 and staff working from home posed. The growth rate is set to remain high throughout the forecast period, with GlobalData projecting a rate of 27.3 per cent growth in 2021, said GlobalData .
Public, not polluters, too often pay to clean up environment, EU auditors say
“Polluters need to pay for the environmental damage they cause,” said report author Viorel Stefan. “Up to now, though, European taxpayers have far too often been forced to bear the costs that polluters should have paid.”
The auditors looked at a sample of 42 environmental clean-up projects, backed by 180 million euros ($214 million) of EU funds, to fix issues like industrial pollution and contaminated landfill sites in Italy, Poland and Portugal.