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1 dead from Nipah virus in Kerala, 60 identified as high-risk
Nipah, which comes from fruit bats and animals such as pigs, can...
LIC stock gives highest return among top 10 firms by market cap in last one year
LIC, nation’s biggest insurer has given the highest returns of 74...
NGT junks Punjab govt plea to recover penalty from defaulting farmers for burning crop residue
The plea sought to recover the amount of environmental compensation (pending dues and future liabilities) from the payment of sale proceeds of food grains of the defaulting farmers who have burnt paddy residue.
The NGT had in 2015 directed state governments to take coercive and punitive action against persistent defaulters of its crop residue burning order and asked them to withdraw the assistance provided to those farmers.
Competition Comm rejects complaint against GIC Re on unfair business practices
One of the primary grievance in the complaint filed by the Automotive Tyres Manufacturers Association was about alleged increase in reinsurance premium charged to general insurance companies.
“Setting of premium rates for reinsurance polices would be based on many factors and without proper evidence being furnished before the Commission, the allegations of ‘excessive pricing/ unfair pricing’ cannot be analysed. Therefore, no case is made out against GIC Re on this count,” it said.
COVID-19: India records 18,855 fresh cases, 163 more fatalities; recovery rate surges to 96.96 pc
The number of people who have recuperated from the disease has surged to 1,03,94,352, pushing the national COVID-19 recovery rate to 96.96 per cent, while the case fatality rate stands at 1.44 per cent.
The number of active COVID-19 cases in the country remained below two lakh for the 10th consecutive day.
Reliance signs $15 million deal with an Israeli firm to distribute Covid-19 breath test kit
Preliminary results from clinical trials it is conducting with Israeli hospitals Hadassah Medical Center and the Sheba Medical Center at Tel HaShomer have shown a success rate of 98 per cent compared to the standard PCR test authorised by global medical organisations.
COVID-19: India records 11,666 new cases, 147 districts record no new COVID-19 infections in last 7 days
The number of people who have recuperated from the disease surged to 1,03,73,606 pushing the national COVID-19 recovery rate to 96.94 per cent. The COVID-19 case fatality rate stands at 1.44 per cent.
“We have completed 42,674 sessions of vaccinations all over the country. As many as 23,55,979 people have been administered the COVID-19 vaccines so far and 3,26,499 health workers have received the vaccines in the last 24 hours,.”said Harsh Vardhan, Union Minister of Health and Family Welfare.
ICICI Prudential quarterly net profit marginally up
“We also have a Rs 100-crore additional provision made for the pandemic claims already. As far as we are concerned claims have already peaked in September-October,” the company’s Managing Director and Chief Executive N S Kannan told PTI.
India turns to artificial intelligence for better and faster economic data
The Ministry of Statistics is ramping up use of artificial intelligence for collecting, analyzing and reporting data to better monitor the economy. The measures include a $60 million program with World Bank help using an information portal that collates real-time data.
“Because of the changing landscape, there’s a growing need for more and more data, faster data and also more refined data products,” Statistics Secretary Kshatrapati Shivaji said in an interview. With end-to-end computerization, “this type of automation will enhance the quality, credibility and timeliness of data.”
Kerala govt makes masks, social distancing mandatory amid Covid surge
As per a study by the Community Medicine department of the Thiruvananthapuram Medical college hospital, 56 per cent of people get infected from inside their homes.
Those coming home from outside infect family members and 20 per cent of people get infected from markets, malls and restaurants, it said.
Many more COVID-19 vaccines will be made available from India to help world fight pandemic swiftly: PM
He also referred to a new initiative to provide a unique health ID to 1.3 billion citizens for easy access to healthcare. ”I assure you that every success of India will help the world to succeed. Our Aatmanirbhar Bharat mission is fully committed to global good and global supply chain,” he said.
Modi also talked about Aadhaar, UPI transactions and data privacy laws.
IMF says India will reclaim status of world’s fastest-growing economy, projects 11.5 pc growth
In its latest World Economic Outlook update released on Tuesday, the IMF predicted that India’s gross domestic product (GDP) will grow at the pace of 11.5 per cent in 2021. IMF projections show that India’s economy will grow much better than China which is predicted to grow at 8.1 per cent, followed by Spain (5.9 per cent), France (5.5 per cent) and United States (5.1 per cent).