"But this is part of a much deeper story - the uncertainty...
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77 pc employees think work-related stress can induce anxiety, depression: Report
The report further revealed that 82 per cent of the participants...
Climate change much deadlier than cancer in some places, UNDP data shows
The data shows that climate change could increase mortality rates...
Indian court seeks government reply over challenge to mandatory Aarogya Setu app
But mandatory use of the app forces a user to “give away data to a system which he may or may not approve of, thereby attacking his right of informational autonomy,” a member of the opposition Congress party said in a petition to the high court in Kerala.
“Such coercive and forcible extraction of personal information from an individual is unheard of in a democratic and republic setup and it is attribute of a dictatorial system,” said the petition, a copy of which was reviewed by Reuters.
COVID-19 death toll rises to 1,886; cases climb to 56,342
The total of 103 deaths reported since Thursday morning include 43 in Maharashtra; 29 in Gujarat; eight in Madhya Pradesh; seven in West Bengal; five in Rajasthan; two each in Tamil Nadu, Uttar Pradesh and Andhra Pradesh; and one each in Bihar, Delhi, Karnataka, Punjab and Jammu and Kashmir.
Coronavirus pandemic:April US jobs data to show epic losses and soaring unemployment
Companies are still cutting jobs in the midst of a severe downturn, with the economy possibly shrinking at an unheard-of 40% annual rate in the April-June quarter. GE Aviation said it is cutting up to 13,000 jobs. Uber will shed 3,700 positions. Amy Egert, a dental hygienist in Severn, Maryland, was laid off in mid-March. She was told she could return a month later, but she’s still waiting and it’s unclear when she will able to go back. She monitors Maryland statistics on coronavirus cases in hopes that the figures will show enough of a downward trend for her to work again.
Coronavirus pandemic:ICMR approves 21 institutions to conduct clinical trials of plasma therapy
Convalescent plasma therapy is at an experimental procedure for COVID-19 patients. As per the guidelines, hospitals and institutions planning to provide this modality of treatment should do so in a clinical trial with protocols that are cleared by the Institutional Ethics Committee, the ICMR had said earlier while seeking participation in the trial.
Bank of England holds off on fresh stimulus, sees worst slump in 300 years
The BoE said it’s Monetary Policy Committee kept Bank Rate at its all-time low of 0.1 per cent and left its target for bond-buying, most of it British government debt, at 645 billion pounds ($797 billion).
The BoE said it expected a 25 per cent plunge in British gross domestic product in the April-June period with the unemployment rate more than doubling to 9 per cent.
UN appeals for $6.7 billion to fight virus in poor countries
“The specter of multiple famines looms. World Food Program Executive Director David Beasley said the U.N. food agency helps nearly 100 million people on any given day and unless we can keep those essential operations going, the health pandemic will soon be followed by a hunger pandemic.
President Xi warns against complacency as China downgrades COVID-19 risk levels in all regions
Addressing the meeting on Thursday, Xi said the spread of the virus overseas has not been effectively curbed yet and cluster cases were reported in a few areas in China, posing considerable uncertainty to the epidemic control.
India to roll out COVID-19 app for Reliance’s JioPhone in bid to widen use
Within a week, a version of the the Aarogya Setu (Health Bridge) app will be rolled out to more than 100 million users of the $9 JioPhone – a cheap, internet-enabled feature phone that runs on a mobile operating system named KaiOS, a senior government official told Reuters.
Munich Re expects Coronavirus-Related claims in excess of $1 Billion during 2020
Finance chief Christoph Jurecka said, however, he would be “very surprised” if the company failed to post a profit in 2020.“Uncertainty is extremely high,” he told journalists by telephone. “No one knows how this pandemic will develop.”
Forced payouts of Pandemic claims risk insurers’ financial stability: Regulators
Disputes over cover for businesses struggling to stay afloat during coronavirus lockdowns have erupted in countries including Britain and the United States, where eight states have brought in laws which would require insurers to pay claims, mainly to small businesses, despite exclusions.
Where pandemic risks are covered by a policy, insurers should pay out such claims in a prompt and efficient manner, the International Association of Insurance Supervisors (IAIS) said, while cautioning “against initiatives seeking to require insurers to retroactively cover COVID-19 related losses.”