Extreme weather events featured in the G20’s top five risks, as the...
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US Healthcare industry rethinks risk after murder of UnitedHealth exec
Before the shooting, most risk assessment efforts were conducted...
Fitch revises global reinsurance sector outlook to ‘Neutral’
``Given the sector’s abundance of capital, we expect a moderately...
From locusts to cyclones: the human cost of interlinked disasters
The huge locust swarm which hit the Horn of Africa in the Spring of 2020, and Cyclone Amphan, which struck the border region of India and Bangladesh in May that year, might not seem, on the face of it, to be connected, but a report released on Wednesday by UN University, the academic and research arm of the UN, shows that there were connected underlying causes: greenhouse gas emissions from human activity, which are affecting the environment in unpredictable ways, and a lack of sufficient disaster risk management.
India to post strong GDP growth in coming quarters: S&P
”The second wave of the pandemic has been pretty costly to economic activity. Households have been affected …. households are going to be repairing their balance sheets and withholding from spending which means activity will remain below trend once the recovery gets underway”.
India Inc resorted to salary cuts in Q1, will be drag on economic recovery: Report
The “weak” wage growth will prove to be a drag on the overall economic recovery in the medium term as it will affect household consumption, the report by India Ratings and Research said.
An environment of pandemic-led uncertainty and elevated inflation could impact the level of spending and hence the overall demand. Resuscitating wages will be critical for a revival of the overall economy and Capex cycle, which has been languishing even before the COVID-19 outbreak, it said., it said.
In a world first, Cuba to give Covid jabs to anyone over 2
Several other countries in the world are vaccinating children from the age of 12, and some are conducting trials in younger kids. Countries such as China, the UAE and Venezuela have announced they plan to vaccinate younger children, but Cuba is the first to do so. Chile on Monday approved the Sinovac vaccines for kids between six and 12.
‘It’s connected to you’: Shared causes fuel surge in disasters
From Arctic heat and wildfires to Texas cold-weather power outages and Amazon deforestation, threats around the world that may seem unrelated are increasingly compounding each other, United Nations researchers said in a report released Wednesday.
The underlying causes of the rising risks – from climate change to lack of cooperation among governments and ignoring the value of nature in economic decision-making – are common across many of them, researchers said.
Hyundai to go electric for its new commercial vehicle by 2028
Further underscoring its pioneering commitment to clean sustainable energy for all types of mobility, the Group unveiled unprecedented plans that will see the electrification of all new commercial vehicle models – featuring fuel cell electric or battery electric powertrains, as well as the application of fuel cell systems – to all models by 2028. The daring strategy will put the Group at the vanguard of the commercial vehicle sector, in the process helping to reshape the industry and realize a sustainable clean future.
G20 health ministers agree vaccine confidence measures
The member nations India, the United Kingdom, the United States, Argentina, Australia, Brazil, Canada, China, France, Germany, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey and the European Union agreed to work together to enhance timely global access to safe, affordable and effective COVID-19 vaccines, therapeutics and diagnostics.
Merkel says vaccinated aren’t ‘guinea pigs’
Vice Chancellor Olaf Scholz, whose center-left Social Democrats Party currently leads polls ahead of Germany’s September 26 elections, recently said that fully vaccinated people have been the guinea pigs for those who so far have held off. He added that he was vaccinated and others should follow.
Merkel, however, did not appear to agree with her deputy’s messaging in her Tuesday speech.
ICMR should act actions against private pathology laboratories for violating norm: Delhi HC
The high court was hearing a plea seeking contempt action against the authorities for not adhering to the Delhi High Court’s earlier direction to take action against online health service aggregators which are operating illegally and collecting samples for COVID-19 tests.
FADA warns of lacklustre festive season for passenger vehicles due to semiconductor shortage
”Auto dealers are facing the most challenging phase of their business career as COVID-19 after-effect continues to play spoil-sport. Until last year, when demand was a challenge, supply is becoming a bigger problem currently due to shortage of semiconductors, even though there is high demand for passenger vehicles,” FADA President Vinkesh Gulati said in a statement.