Taking cognisance of a news report showing about 10.81 per cent...
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GoM report on GST on health insurance to be placed before Council when received FinMin
Minister of State for Finance Pankaj Chaudhary informed the House...
RBI approves Central Bank buying stakes of Generali group’s Indian companies
The Reserve Bank of India (RBI) has approved state owned Central...
Lloyd’s forms partnership to deliver faster claims service through geospatial technology
The GEO platform will provide the Lloyd’s market with real-time analysis of global perils including storms, wildfires and flooding. The data, which includes innovative resolution drone imagery, allows Lloyd’s market insurers to instantly assess damages at a time when physical access to the risk location may be limited following a natural catastrophe.
Satellite imaging combined with other intelligence data sources is an innovative way of assessing damage to insured infrastructure and businesses. The technology will help insurers support customers around the world during periods of crisis, whilst reducing operational costs and the carbon footprint of insurers.
”Indian aviation mkt to be ”very large” by FY30; to accommodate both Indian, Middle East carriers”
In a post-webinar presentation, CAPA Advisory projected that by 2029-30 India”s international traffic is estimated to increase by 50-60 million annual passengers from pre-COVID levels to reach 115-125 million.
Hosted by CAPA, the webinar was on ”India-Middle East Aviation Dialogue: A Win-Win Outcome is Feasible and Likely”.
It said more than 30 per cent of the country”s international origin destination traffic is on long- and ultra-long haul routes. The domestic carriers are expected to add just around 70 wide-body planes by FY30, which is likely to address only half of the incremental long-haul demand, it added.
UN health agency sees virus cases leveling off
The assessment released Tuesday says there were about 68,000 new deaths reported globally, with Europe and the Americas registering increases of about 10 per cent.
he countries with the highest numbers of new cases were the United States, Iran, India, Britain and Brazil.
WHO also noted several recent studies that show licensed vaccines still provide protection against severe coronavirus disease, but that there is some evidence to show the shots are less effective at preventing people from becoming infected with the more contagious delta variant.
India logs 44,658 new COVID-19 infections, Kerala reports 30,007 cases
As a part of the ongoing nationwide vaccination drive, the country has administered 61.22 crore vaccine doses till date. Yesterday, the health ministry informed that 50 per cent of the eligible population has been administered with the first dose of COVID-19 vaccine under the world’s largest vaccination drive. India’s COVID vaccination drive commenced on January 16 this year.
China’s coming data laws puzzles firms with more questions than answers
The data security law, which goes into effect on Sept. 1, requires all companies in China to classify the data they handle into several categories and governs how such data is stored and transferred to other parties.
Key categories include “national core data” and “important data”, for which mishandling could carry a penalties of up to 10 million yuan or even a criminal charge. But the government has not yet provided definitions for these or given further details on what type of data may fall into which category, lawyers say.
‘Vax protection against Covid-19 wanes in 6 mths’
Under a worst-case future scenario, protection could fall below 50% for older people and health workers by the winter, Tim Spector, ZOE co-founder and principal investigator, said.
High blood pressure driven by obesity, poverty – WHO study
Hypertension can be easily diagnosed by monitoring blood pressure, and treated with low-cost drugs, but half of affected people are unaware of their condition which is left untreated, the WHO and Imperial College London said in a joint study published in The Lancet.
While hypertension rates have changed little in 30 years, the caseload has shifted to lower-income countries as wealthy nations have brought it largely under control, the study said.
The world economy’s supply chain problem keeps getting worse
The cost of sending a container from Asia to Europe is about 10 times higher than in May 2020, while the cost from Shanghai to Los Angeles has grown more than sixfold, according to the Drewry World Container Index. The global supply chain has become so fragile that a single, small accident “could easily have its effects compounded,” HSBC Holdings PLC. said in a note.
Tech companies pledge billions in cybersecurity investments
Google has committed to invest $10 billion in cybersecurity over the next five years, money aimed at helping secure the software supply chain and expand zero-trust programmes.
China’s BRI project causing environmental degradation in South Asia, says report
South Asia is amongst the main regions likely to be hit severely by the negative environmental impact of climate change. BRI announced by Beijing in 2013, will exacerbate these trends, reported European Foundation for South Asian Studies (EFSAS).
The Environmental Kuznets Curve (EKC) report said the environmental trends in South Asia generally correspond to the development trajectory, that causes pollution through growing industrialisation, which has become one of the key environmental characteristics of South Asia, says EFSAS.