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Govt to extend social security benefits to gig and platform workers: Mandaviya
"Our government is fully committed to the well-being of gig and...
Lenders to Reliance Capital accuse IIHL of using delaying tactics
According to sources, lenders claimed that IIHL's move to seek...
31.13 lakh domestic air passengers in June, 47% higher than in May: DGCA
The drop in domestic air traffic in May was due to the second wave of the COVID-19 pandemic that had badly hit the country and its aviation sector.
China puts controlling stake of revamped Anbang on the block for $5.2 bln
China Insurance Security Fund Co Ltd., the state rescue fund for the insurance sector which is controlled by the Ministry of Finance, aims to auction all of its 98.23% stake in Dajia for 33.38 billion yuan.
South Africa’s riots insurer in spotlight after days of Carnage
While some claims will be assessed by heavyweight insurers such as Old Mutual Group Ltd. and Santam Ltd., the bulk of the burden will fall to one company little known outside the country: Sasria Insurance Ltd.
Sasria, a state-owned firm with 8.5 billion rand ($591 million) in assets under management, was founded shortly after the Soweto uprising of 1976, when at least 176 people died in demonstrations led by school children against the apartheid government. The frequency and scale of political protests that followed prompted private insurers to stop offering cover to vulnerable businesses, and Sasria was crated to fill the void.
Hiring activity witnesses uptick in June for most sectors: Report
Other sectors like insurance, retail, education and FMCG also showed a progress of 12 per cent, 5 per cent, 12.1 per cent and 16 per cent, respectively, it added. Although, hiring in the telecom sector has declined by 8 per cent in June compared to May this year, it noted.
Climate change is driving a large increase in intense, slow-moving storms, a new study has found.
Researchers from the Newcastle University and the UK Met Office Hadley Centre used very detailed climate model simulations and found that slower storm movement acts to increase the amount of rainfall that accumulates locally, increasing the risk of flash floods across Europe beyond what has been expected based on previous studies.
The scientists estimate that these slow-moving storms may be 14 times more frequent across land by the end of the century. It is these slow-moving storms that have the potential for very high precipitation accumulations, with devastating impacts, as currently seen in Germany and Belgium.
Global sustainable debt issuance will crack $1 trillion mark in 2021 -IIF
With corporations and financial institutions under growing pressure from investors to up their environment, social and governance (ESG) game, the issuance of bonds to raise money for climate-related or social projects, or linked to sustainability targets, is an increasingly popular option.
Sustainable debt sales more than doubled year-on-year in the first half of 2021 to over $680 billion, closing in on the $700 billion issued during the whole of last year.
Virus transforms hajj in Mecca and future of the pilgrimage
With no clear or agreed upon standard for a vaccine passport, vaccine inoculation rates vastly uneven and new variants of the virus threatening the progress already made in some nations, it’s unclear when Saudi Arabia will play host again to the millions more Muslim pilgrims it planned to receive in years to come.
Over 300 phone nos of ministers, journos, activists, bizmen in India could have been hacked: Report
The Wire reported that forensic tests conducted as part of the media investigation project on a small cross-section of phones associated with these numbers revealed clear signs of targeting by Pegasus spyware in 37 phones, of which 10 are Indian.
The government, however, dismissed allegations of any kind of surveillance on its part on specific people, saying it ”has no concrete basis or truth associated with it whatsoever”.
Rain fury claims 30 lives as fifth thunderstorm in a month batters Mumbai
Meanwhile, the flooding in the water purification complex at Bhandup affected the water supply in most parts of the metropolis, a BMC official said. The flooding has affected electrical equipment that controls the pumping and filtration processes there, one of the major sites of water supply to the country’s financial capital, following which the BMC asked citizens to boil water before drinking.
Kids aren’t just littler adults – here’s why they need their own clinical trials for a COVID-19 vaccine
Clinical research studies of the mRNA-based vaccines for children under 12 are ongoing, and authorization of a vaccine for this younger age group is still at least several months away. These trials are necessary because children have important differences in physiology and responses to vaccines from those of adults. Conducting separate studies in children under age 12 is a vital step toward ending the pandemic.