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RBI holds rates, shifts stance to ‘neutral’ signalling rate cuts ahead
Shaktikant Das,Governor,Reserve Bank of India Annual retail...
24-hour hospitalisation clause for mediclaim to be interpreted harmoniously Delhi consumer forum
The commission, comprising its president Inder Jeet Singh and...
Google claims new IT rules not applicable to its search engine, HC seeks Centre’s stand
The single judge’s decision had come while dealing with a matter in which a woman’s photographs were uploaded on a pornographic website by some miscreants and despite court orders the content could not be removed in entirety from the World Wide Web and “errant parties merrily continued” to re-post and redirect it to other sites.
Swiss financial watchdog requires banks, insurers to disclose climate risks
FINMA’s updated circular on the new obligations, to take effect on July 1, follows similar moves by the European Central Bank, which last year announced plans to ask lenders in the 19-country currency union to disclose their climate-related risks.
AM Best maintains negative outlook on India non-life insurance
However, in fiscal year 2021, despite India’s GDP contracting by approximately 8%, the non-life insurance market achieved a positive, albeit muted, growth rate of over 5%. Prospectively, AM Best expects the trajectory of non-life insurance premiums in India to continue to be one of growth over the long term with rising consumer awareness and accessibility of insurance products.
Factors that could lead AM Best to revise its segment outlook to stable from negative include evidence of sustainable improvement in underwriting performance, supported by better pricing discipline, as well as an improved balance of overall earnings and stabilised economic indicators.
Monsoon likely to be normal in north and south, above-normal in central India: IMD
“Quantitatively, the monsoon seasonal (June to September) rainfall over the country as a whole is likely to be 101 per cent of the Long Period Average (LPA) with a model error of plus or minus 4 per cent,” said Mrutunjay Mohapatra,India Meteorological Department (IMD) Director General said.
Covid-19: HC notice to Centre, ICMR, Delhi Govt on advisory barring repeat RTPCR tests
On May 4, ICMR had issued an advisory stating that RT PCR test must not be repeated in any individual.
2.21 lakh hectare of crops damaged in Cyclone Yaas in Bengal, says Mamata
”Around 2.21 lakh hectare of crops and 71,560 hectare of horticulture have been damaged in West Bengal by Cyclone Yaas. The state has incurred a total loss of more than Rs 20,000 crore,” she told reporters at the secretariat.
Banerjee on May 28 submitted a report to Prime Minister Narendra Modi on the damages caused by the cyclone, and sought a Rs 20,000-crore package for redevelopment of the worst-affected areas.
X-Ray Setu plans to on-board 10K doctors for COVID detection in rural areas
”We are planning to create a strong network of 10,000 doctors in the next 15 days who are trained in leveraging XraySetu, so that when the third COVID wave comes, we are ready with solutions that can reach doctors in rural areas,” said non-profit organisation Artpark CEO Umakant Soni.
He said that India had 5,335 rural community health centres (CHCs) as of March 31, 2019 that can be used and private estimates indicate that two-third of them have a working X-Ray machine and a technician to operate it.
By July or early August, will have enough COVID-19 vaccine to inoculate 1 cr people a day: Centre
“Mixing of vaccine is not the protocol yet, same vaccines (Covishield and Covaxin) are to be administered for both doses. Stick to the SOP. There’s international research underway on the mixing of vaccines as the possibility of a positive effect is also plausible but a harmful reaction cannot be ruled out either. It is an unresolved scientific question, science will settle it,” said NITI Aayog’s V K Paul at the press briefing.
Netherlands lifts ban on passenger flights from India starting June 1
“As per the Dutch Government ban on passenger flights from India that had come into force on April 26, 2021, has been lifted w.e.f 01 June 2021,” the India embassy here tweeted. However, there is still a European Union ban on non-EU travelers from countries where the coronavirus situation is considered very high risk.
Vaccines boost natural immunity against Covid-19: Study
Researchers at the Rockefeller University in the US analysed antibodies present in the blood of Covid patients, tracking the evolution of these molecules.