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Eco/Invest/Demography

Possible third Covid wave unlikely to affect children, WHO-AIIMS survey reveals

The SARS-CoV-2 sero-positivity rate among children was high and were comparable to the adult population in the survey, which was conducted in five selected states with a total sample size of 10,000. Data of 4,500 participants were taken for the results of the time of midterm analysis from four states of India and more results are likely to come in the next two to three months.

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Committee on energy efficiency, low carbon technologies to be set up: Power Minister

“A Committee/Group to be set up having members from all relevant Ministries for implementation of the Roadmap on Energy Efficiency and low carbon technologies,” he said.

The minister said a concerted push for renewables is already underway and a detailed action plan will be developed to identify potential areas. Singh directed to keep the focus on sectors with the highest emissions intensity such as Transport, MSMEs and Power plants.

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GM boosts spending on electric vehicles, to add two new U.S. battery plants

“EV adoption is increasing and reaching an inflection point,” GM Chief Financial Officer Paul Jacobson told reporters on a conference call. “We want to be ready to be able to produce the capacity that we need to meet demand over time.”The No. 1 U.S. automaker said it will now spend $35 billion through 2025 on EVs, an increase of 75% from March 2020 before the COVID-19 pandemic shut down the industry.

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Alibaba victim of huge data leak by consultant: Chinese Court

A central Chinese court ruled that an employee of a consultant that helps merchants on Alibaba’s Taobao online mall was guilty of dredging up more than a billion data items on Taobao users since 2019, using that to serve clients. The court imposed jail terms of more than three years on the staffer and his employer, alongside fines totaling 450,000 yuan ($70,260).

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