"Our target is to open more than 3 crore PMJDY accounts during the...
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Sept 9 GST council meet to discuss rationalisation of tax , final decision later: FM
Nirmala Sitharaman,Finance Minister "The upcoming GST Council...
Allianz Partners India and Pulse Energy announce strategic partnership to improve EV ownership
Akhil Jayaprakash, Co-founder of Pulse Energy strategic...
CEO Mary Barra bets GM can grow beyond cars and trucks
The veteran GM engineer’s Global Innovation team is looking for new enterprises to expand the automaker’s sources of revenue well beyond vehicle sales and is incubating ventures from commercial delivery services to vehicle insurance, to address future markets worth an estimated $1.3 trillion. That doesn’t include flying cars, a market sector that alone could be worth $1.3 trillion, Fletcher told Reuters.
The goal is to become a diversified purveyor of mobility services – the automotive equivalent of Apple, with revenue that rolls in monthly or quarterly from software and services long after the initial product is sold.
India InsurTech Association and Xceedance join hands to promote insurtech sector in India
IIA has joined forces with Xceedance – as the principal sponsor – to forge global partnerships, develop talent, provide insurtech start-up resources, and build its core team. Co-founded by Shwetank Verma, Subhajit Mandal, and Prerak Sethi, IIA bring togethers various India-based insurtech start-ups, re/insurance companies, service providers, and insurance professionals to increase the velocity of digital transformation across the Indian insurance industry.
The association already includes 32 insurtech members, and facilitates networking and focused thought leadership sessions for its diverse constituents.
Indian PM rejects calls to widen vaccine access as infections hit record
“It’s not that you can set up these big vaccine factories overnight,” Modi said addressing chief ministers of states via video conference. “Whatever production we have got, we will have to prioritise.”
Many states including Maharashtra, Gujarat, Chhattisgarh, Punjab have crossed the first wave of peak in terms of COVID-19 cases. This is a serious concern. People have become complacent. In most states administration has also become relaxed,” he said.
WHO rejects SII’s proposal seeking extension of Covishield’s shelf life from 6 to 9 months
The move comes even as India’s drug regulator has extended Covishield’s shelf life from six to nine months from its manufacturing date.
India to review COVID-19 vaccines after blood clot warning – report
The review comes after Europe’s drug regulator said on Wednesday it found a possible link between AstraZeneca’s vaccine and rare blood clotting issues in adults who had received the shot, although it added the vaccine’s advantages still outweighed the risks.
India reports 1,15,736 new COVID-19 cases, highest ever daily record
Registering a steady increase for the 28th day in row, the active cases have increased to 8,43,473 comprising 6.59 per cent of the total infections, while the recovery rate has further dropped to 92.11 per cent, the data stated.
Wearing of mask mandatory even while driving alone: Delhi High Court
Justice Prathiba M Singh also refused to interfere with the Delhi government’s decision to impose challans for not wearing a mask while driving a private vehicle alone and dismissed the pleas challenging the same.
RBI holds rates at record lows amid concerns over rising COVID-19 cases
India’s central bank has slashed the repo rate by a total of 115 basis points (bps) since March 2020 to soften the blow from the pandemic. This follows 135 bps worth of rate cuts since the beginning of 2019.
“The MPC judged that monetary policy should remain accommodative till prospects of sustained recovery are well secured,” Governor Shaktikanta Das said.
We suspect new Covid strain, samples sent to NCDC: Maharashtra Health Min
“New Strains are suspected because we are seeing other behaviours in COVID-19 patients than routine behaviours. Patients are also showing non-routine behaviours after the infection,” Tope said.
“National Institute of Virology (NIV) is doing genomic sequencing of our samples. It is sending its report to National Centre for Disease Control (NCDC). Now, NCDC will guide us about if any new protocol is to be followed for the treatment,” he added.
Climate finance, joint research planned between US and India
According to the International Energy Agency (IEA), India is the third-largest global emitter of carbon dioxide, after China and the US, despite extremely low per capita CO2 emissions and is under pressure to commit itself to net zero emissions by 2050, in line with pledges made by several other countries..