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Bombay HC issues notice to Central govt, Bill Gates, Serum Institute over plea on alleged Covid vaccine death
Dilip Lunawat in his petition, "blamed the Government and others...
Bima Lokpal settles 40,527 complaints in FY22
Sounding alert,Sudhir Krishna, Insurance Ombudsman, said consumers...
Global coronavirus cases surpass one million, death toll 52,000
The United States had the most confirmed cases of any country, more than 240,000, the data showed.Since the virus was first recorded in China late last year, the pandemic has spread around the world, prompting governments to close businesses, ground airlines and order hundreds of millions of people to stay at home to try to slow the contagion.
Caronavirus Pandemic:Nationwide lockdown to cost Indian economy $4.64 bn every day: Acuite Ratings
Sankar Chakraborti, CEO, Acuite Ratings & Research, said: “Acuite Ratings estimates that every single day of the nation-wide lockdown will cost the Indian economy almost USD 4.64 billion. Consequently, the 21-day lockdown will result in a loss of GDP of almost USD 98 billion.”
In such a lockdown scenario, the sectors that are most severely impacted are transport, hotel, restaurant, and real estate activities.
Coronavirus Pandemic: World Bank approves $1-bn emergency fund for India
“In India, $1 billion emergency financing will support better screening, contact tracing, and laboratory diagnostics; procure personal protective equipment; and set up new isolation wards,” the World Bank said after its Board of Executive Directors approved the first set of emergency support operations for developing countries around the world, using a dedicated, fast-track facility for COVID-19 response.
Aarogya Setu: All you need to know about govt’s Covid-19 tracker app
It calculates the user’s risk of infection based on recency and proximity of COVID-19 patient.”We understand the nature and sensitivity of the topic and have taken strong measures to ensure that your data is not compromised. Your data will be shared only with the Government of India. The app does not allow your name and number to be disclosed to the public at large at any time,” said the app.
For 90% workers in India’s informal economy, there’s no shelter from COVID-19
From Southeast Asia to South America, the world’s 2 billion informal workers are suffering some of the earliest and most devastating effects of the coronavirus and social distancing. Yet public aid packages have so far been largely directed at formal businesses and employees. If governments like India’s want to manage Covid-19 and its economic fallout, they’ll need to act quickly to secure the health and safety of their informal workforces.Roughly 60% of the world’s working population is employed in informal enterprises. In emerging markets, such work often constitutes the bulk of economic output, including production, distribution and sales.
China is concealing extent of coronavirus outbreak, says US intel repo
China isn’t the only country with suspect public reporting. Western officials have pointed to Iran, Russia, Indonesia and especially North Korea, which has not reported a single case of the disease, as probable under-counts. Others including Saudi Arabia and Egypt may also be playing down their numbers.
Pandemic fears curb stocks as markets wait on U.S. jobs test next
White House medical advisers now forecast that even if Americans follow unprecedented stay-at-home orders, some 100,000 to 240,000 people could die from the respiratory disease.
29 insurers launch new standard health products, to cover Covid-19 treatment costs
Besides newly launched ‘Arogya Sanjeevani’ IRDAI has already clarified to the public, that the existing indemnity based health insurance products, that cover the treatment costs of hospitalization offered by all general and health insurance companies,also cover the costs of hospitalization treatment on account of COVID -19.
Germany, credit insurers agree plan to keep trade flowing
Under the plan, the government would guarantee up to 30 billion euros ($32.8 billion) for the commercial credit insurance industry, the sources said.
Caronavirus Pandemic:Govt extends health,motor vehicle insurance validity till April 21
From its side IRDAI has said that the policyholders will be required to pay the renewal premium for the entire period of 12 months from the date it was due, on or before 21st April, 2020.