Extreme temperatures can also impact economies. People are less...
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After IMD, Skymet predicts bumper monsoon season, to hit Kerala coast on June 1
Unlike last year, there is no active cyclone around the globe, more...
IRDAI forms panel to review performance and enhance efficiency of Insurance Ombudsman
The committee will be headed by Shalini Prasad, former special...
India coronavirus infections rise by 55,722, crosses 75-lakh mark
There are 7,72,055 active cases of coronavirus infection in the country which comprises 10.23 per cent of the total caseload,the data stated
The national recovery rate has improved to 88.26 per cent while the case fatality rate due COVID-19 stands at 1.52 per cent
The country’s cumulative positivity rate stands at 7.94 percent and is on a continuous decline, the ministry said in a statement.
FSSAI”s new food safety compliance platform to become operational across India from Nov
It said since 2011, its online FLRS (Food Licensing and Registration System) is the soul of the licensing ecosystem. It is operational in all states and 70 lakh licences/ registrations have been issued till date while over 40 lakh licensees/ registrants are actively transacting on it.
“FSSAI is launching its cloud based, upgraded new food safety compliance online platform called FoSCoS( URL – https://foscos.fssai.gov.in).
Half of Indians may have had coronavirus by February, government panel estimates
“Our mathematical model estimates that around 30% of the population is currently infected and it could go up to 50% by February,” Manindra Agrawal, a professor at the Indian Institute for Technology in Kanpur and a committee member, told Reuters.
Insures should partner banks to issue Surety Bonds:IRDAI Panel
Instead of Insurance industry handling alone, a mechanism is required wherein the banking sector and the insurance sector could collaborate for sharing of customer information since banks have more experience in managing these types of risks, suggested the panel..
To start with performance bonds / surety bonds can be issued limited to the projects of NHAIs only and not for all the contractors. The rate should be determined by a market agreement, suggested the panel
IRDA forms panel to examine the need for a standard cyber liability cover for Indian market
The General Liability policies available currently in the Indian market do not cover cyber risks and cyber insurance policies currently available are highly customized for clients in a new and quickly growing market. Hence, it is felt that a basic standard product structure is required to provide insurance cover for individuals and establishments to manage their cyber risks, said the IRDAI.
With very high COVID-19 testing, India’s positivity rate fallen below 8%: MoHFW
“India has exponentially scaled up its testing capacity from one in January to more than 9.32 cr at present. The very high testing has resulted in the continuous falling positivity rate. It has now fallen below 8 per cent,” the Ministry tweeted.
Possibility of second wave of coronavirus infections in winter season cannot be ruled out: Expert panel chief V K Paul
“In India, the new coronavirus cases and number of deaths have declined in the last three weeks and the pandemic has stabilised in most of the statesHowever, there are five states (Kerala, Karnataka, Rajasthan, Chhattisgarh and West Bengal) and 3-4 Union Territories (UTs), where there is still a rising trend,” Paul said.
Women beneficiaries comprise maximum number of a/c holders under PMJDY at 55pc
The deposits in these PMJDY accounts witnessed an 8.5 per cent rise till early September of the current fiscal year to nearly Rs 1.30 lakh crore, according to the information provided by the finance ministry. The total balance under the PMJDY accounts on April 1, 2020, was Rs 119,680.86 crore, which grew by 8.5 per cent to Rs 129,811.06 crore by September 9, 2020, the government said in the Right to Information (RTI) query.
COVID-19 prompts workers, corporates to adopt gig economy
Experts believe that gig economy provides a win-win situation for both parties and its reach is slowly expanding from less-skilled services to high-skilled jobs.
“Gig economy has been there for a long time. It’s being embraced like never before, that too in India, due to both economic conditions and COVID-19 situation,” said Kaushik Banerjee, Vice President and Business Head of Teamlease.com and Freshersworld.com.
Covid-19 pandemic could run its course by Feb: Govt panel
The committee including professors from IITs and IISc besides scientists, said that upcoming festival and winter seasons may increase the susceptibility to the infection but all activities can be resumed provided proper safety protocols are followed.