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Corporate payment delay trend stabilized, but risks and uncertainty remain:Coface Asia Corporate Payment Survey 2021

On economic improvement in 2021,Australian firms were the most optimistic, with 80% of respondents anticipating higher growth, followed by India (76%), China (73%), Malaysia (73%) and Taiwan (71%). In contrast, Japan was the only country where less than two-thirds of respondents (61%) expect an improvement in economic growth during 2021.

By sectors, automotive is the most confident regarding year-ahead sales, with 66% of respondents expecting an improvement. This was followed by energy (64%), metals (64%), paper (63%) and pharmaceutical (61%). The highest proportion of companies anticipating an improvement in cash flows over the next 12 months were found in automotive, agri-food, and pharmaceutical at 55% each, followed by metals (53%), paper (52%), and chemicals (51%).

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Homeless, beggars should work; everything can’t be provided to them by state: HC

“They (homeless persons) should also work for the country. Everyone is working. Everything cannot be provided by the state. You (petitioner) are just increasing the population of this section of the society, the high court said.

The court also raised questions on the petitioner, saying that granting all the prayers sought in the petition would be like an “invitation to people not to work”.

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Delta variant of Covid creates emerging market gap as outperformers hit

“Achievements in terms of vaccination will increasingly be a differentiation factor among emerging markets in the second half,” said Sebastien Barbe, head of emerging-market strategy at Credit Agricole. “The impact of the further spread of the virus variants will vary significantly depending on vaccination rates,” as well as economic and political factors, he added.

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Heatwave claims over 17,000 lives in 50 years in India: Study

Heatwave is one of the extreme weather events (EWE). In 50 years (1971-2019) EWE killed 1,41,308 people. Of this, 17,362 people were killed due to heatwave — a little over 12 percent of the total deaths recorded, the study said.

The maximum heatwave deaths were in Andhra Pradesh, Telangana and Odisha, it added.
The research paper was authored by M Rajeevan, Secretary of Ministry of Earth Science, along with scientists Kamaljit Ray, S S Ray, R K Giri and A P Dimri, earlier this year. Kamaljit Ray is the lead author of the paper.

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Getting athletes to Olympics amid global pandemic a logistics nightmare

Although most athletes have been fully vaccinated and Games organizers require negative Covid tests prior to arrival, there have already been some upsets. Two members of Uganda’s Olympic squad tested positive in Japan last month, despite having been inoculated earlier, and over the weekend, a rower from Serbia tested positive.

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