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Flight and voice data boxes extracted from crashed Brazilian plane
The airline VoePass, which operates a small fleet of planes made by...
Hiscox unveils GenAI-enhanced lead underwriting platform
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Britain turns into test case for Covid-19 endgame
After inoculating a larger proportion of people than any other major economy, Britain is emerging as a test case in Europe as it attempts to draw a line under Covid-19. Levels of infections are now back to their highest since February and the pound is taking a hit on concern a recovery may be slipping further into the future.
United Kingdom has recorded 11,007 new Covid-19 cases in 24 hours, with the emergence of the Delta variant pushing the figure above 10,000 for the first time since late February.
EU adds another rare blood condition as side effect of AstraZeneca shot
People who had previously sustained the condition, where fluids leak from the smallest blood vessels causing swelling and a drop in blood pressure, should not receive the shot, the EMA added.
India records 60,753 new COVID-19 cases,1,647 deaths in last 24 hrs
With the new cases, the country’s tally has climbed to 2,98,23,546 including 7,60,019 active cases. As many as 3,85,137 people have succumbed to the COVID infection so far, while the cumulative recoveries reached 2,86,78,390.
Go for “carefully calibrated” reopening, Centre tells states & UTs
“With a decline in the number of active cases, many states and UTs have started relaxing restrictions. I would like to highlight that the decision to impose or ease restrictions has to be taken, based on the assessment of the situation at the ground level,” he said.
IDFC FIRST Bank offers four times annual CTC, salary continuation for two years to corona affected employees’ families: MD
“The bank’s employees are usually young people. Their families will be taken by shock. So we put together a composite programme covering all angles. We are giving four times the annual CTC as compensation plus continuing the salary for two more years so that the family can get the time to economically recover,” V Vaidyanathan, Managing Director and CEO, IDFC FIRST Bank, told PTI.
CCI clears proposed deal to acquire stake in Magma HDI General Insurance by 2 entities
Acting through SPV, the combination-India Advantage Fund S4 I & Dynamic India Fund S4 US I, and NHPEA Trisul Holding B.V.- contemplates an acquisition of an effective combined interest of less than 25 per cent, on a fully diluted basis, of the share capital of Magma HDI .
Besides, NTH would buy an effective combined interest of less than 10 per cent, on a fully diluted basis, of the company’s share capital, as per a notice filed with CCI.
Working towards preparing 1 lakh frontline Corona Warriors to support healthcare system: PM Modi
Under the special training program of frontline workers, candidates will get free training, a Skill India certificate, food and accommodation facility, stipend along with on-the-job training and accident insurance of Rs 2 lakh for certified candidates.
The programme has been designed as a special programme under the Central Component of Pradhan Mantri Kaushal Vikas Yojana 3.0, with total financial outlay of Rs. 276 crore, the PMO said. The programme will create skilled non-medical healthcare workers to fill the present and future needs of manpower in the health sector.
8 global reinsurers to provide £650 million cover to Lloyd’s Central Fund for 5 yrs
The £650 million protection has been structured and placed by Aon. It is a layered structure supported by newly created cell company Constellation IC Limited** – financed by investment bank J.P. Morgan – as well as a panel of eight well-regarded and respected reinsurers, namely Arch, Berkshire Hathaway, Everest Re, Hannover Re, Munich Re, RenaissanceRe, Scor and Swiss Re.
Govt explores crowd funding for treatment of rare diseases
Union Health Minister Harsh Vardhan appealed to the corporate associations and PSUs to contribute generously to the cause of treatment of patients with rare diseases under CSR initiatives.
Rare disease committees have been constituted, nodal officers appointed and Rare Disease Fund Accounts have also been created at notified eight Centres of Excellence (COEs). Nidan Kendras in UMMID programme have been opened for genetic screening, he said.
Globally, eight percent of the population suffers from rare diseases. Seventy five percent of the survivors are children which makes parents run from pillar to post for their treatment, exhausting their resources and emotionally draining themselves in the process,” the minister was quoted as saying in the statement.
China’s worse-than-Suez ship congestion set to widen global trade chaos
“There are bottlenecks in ports all over the world because of Covid outbreaks — people are not going to work in the same numbers and aren’t working at the same speed as they did before the pandemic,” says Bjorn Hojgaard, CEO of Anglo-Eastern Univan Group, a company that manages operations for a fleet of 700 ships globally, including everything from tankers to bulk to container ships.