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China’s National Bureau of Statistics refuses to reveal number of deaths occurred in December, 2022: Report
The National Bureau of Statistics reported a total of 10.41 million...
First Indian intranasal Covid-19 vaccine to be launched on Jan 26
Earlier, Bharat Biotech had announced that it would sell the...
PETA moves HC for directions to AAP govt to take steps to prevent spread of glanders in the city
The People for Ethical Treatment of Animals (PETA) India, in its application, has also sought implementation of the National Action Plan for Control and Eradication of Glanders and immediate testing of all the horses, mules, ponies, donkeys in Delhi
107-year-old Maharashtra woman beats COVID-19
The centenarian had recently undergone a spine surgery and when she tested positive for the virus, her old age posed a major challenge in her recovery, Jalna district civil surgeon Archana Bhosale said.
Chinese insurance tech firm Waterdrop raises $230 million, plans U.S. IPO
Two sources with knowledge of the fundraising told Reuters that Waterdrop was valued at nearly $2 billion in the funding round. One of them said that Swiss Re itself had invested $100 million.
Swiss Re declined to comment on its investment size, but said the company’s participation in the round was part of its long-term commitment to China.
Bayer to pay $1.6 billion to resolve U.S. claims for Essure birth-control device
Women have claimed in lawsuits that the device, which is implanted in the fallopian tubes to permanently block the passage of eggs to the uterus, could pierce the tubes, and that the device’s metal parts could become dislodged and migrate to other parts of the body.
Indore cleanest city in India for the fourth time, five others rated 5-star
Indore city in Madhya Pradesh emerged as the cleanest city for the fourth time in a row, Surat and Navi Mumbai won the second and third position respectively in the more than 100,000 population category.
Mysuru city in Karnataka had won the award for the cleanest city of India in the first edition of the survey in 2016, while Indore had retained the top position for three consecutive years.
Chhattisgarh won the prestigious title of the cleanest state in the more than hundred urban local bodies category, while Jharkhand was adjudged the winner in the less than hundred urban local bodies category. An additional 117 awards were also handed over by the Minister.
Beijing says residents can go mask-free as China COVID cases hit new lows
Beijing’s municipal Centers for Disease Control first said residents could go without masks in outdoor areas in late April, though the rules were swiftly reversed in June after a new outbreak in a large wholesale market in the city’s south.
Experts say the key to the country’s success in controlling the disease has been the strict enforcement of local rules, including wearing masks, mandatory home quarantine and participating in mass testing.
Russia vaccine roll-out plan prompts virus mutation worries
Sputnik-V’s developers, as well as financial backers and Russian authorities, say the vaccine is safe and that two months of small-scale human trials have shown that it works.
But the results of those trials have not been made public, and many Western scientists are sceptical, warning against its use until all internationally approved testing and regulatory hurdles have been passed.
ICICI Gen acquiers Bharti AXA Gen in an all- stock deal valued at Rs 4,200 crore
AXA and Bharti to combine their non-life operations in India into ICICI Lombard, in exchange of shares, said Axa.
Under the terms of the agreement, AXA and Bharti will receive a total of 35.8 million shares of ICICI Lombard on closing, which would represent Euro 521 million at current market value, and an implied HY 2020 P/BV4 multiple of more than five times. The transactionis expected to result in a one-time positive net income of approximately Euro 0.2 billion in AXA Group’s FY 2021 consolidated financial statements,said AXA..
India’s COVID-19 caseload crosses 28-lakh mark
There are 6,86,395 active cases of coronavirus infection in the country which is 24.20 per cent of the total caseload, the data stated.
India’s COVID-19 tally had crossed the 20-lakh mark on August 7
Insurer AIA’s new business drops 37% in first-half as pandemic hits sales
Insurers across the world have been hit by pandemic-related claims including for travel, business interruption and event cancellation, while economic slowdown and job losses have led to reduced demand for life insurance.
In Asia, insurance firms mainly rely on their army of agents for product sales, which have been dented by lockdown and social distancing measures put in place in various countries to contain the pandemic.