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Air Turbulence: Flights leaving Tokyo dominate roughest long-haul services list
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Travel insurance policies “will likely” cover injuries sustained by aircraft turbulence: ABI
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India reports highest-ever single-day spike with 4,12,262 new COVID-19 cases, 3,980 deaths
As many as 3,980 patients succumbed to the infection during the last 24 hours, taking the total COVID-related death toll to 2,30,168. India registered a total of 3,29,113 recoveries in the last 24 hours. The total number of recoveries in the country now stands at 1,72,80,844.
India’s struggle to track new Covid-19 variants could worsen the crisis
Variants are already outracing vaccination progress in many parts of the world, fueling bigger outbreaks that spread faster. While some rich nations that secured effective vaccines early have seen their epidemics wane, the virus is still spreading like wildfire in developing economies, prolonging the pandemic.
PIL for vaccination centres at RWAs, NGOs offices; HC asks authorities to treat it as representation
A bench of Chief Justice D N Patel and Justice Jasmeet Singh asked the authorities concerned to treat the plea as a representation and take a decision in accordance with the law, rules, regulations and government policy applicable to the case.
‘Human catastrophe’ as India’s Covid-19 surge spreads to Nepal
“What is happening in India right now is a horrifying preview of Nepal’s future if we cannot contain this latest Covid surge that is claiming more lives by the minute,” said Netra Prasad Timsina, chair of the Nepal Red Cross.
US reissues travel advisory urges Americans not to travel to India
“Do not travel to India due to COVID-19. Exercise increased caution due to crime and terrorism,” the State Department said on Wednesday in its latest travel advisory that looked identical to the one issued on April 28.
Both the travel advisory has been marked ‘Level 4’ which is the highest warning level.
Foreign players can invest upto 74% in Indian insurance sector soon:Irda Chief
“We are committed to usher in risk-based capital (RBC) framework, which is more objective and beneficial for insurers that manage risk well. It should be possible to change over in a period of 3 years. We also plan to synchronise with the new accounting standard Ind AS 117 based on IFRS-17,” explained said Subhash Khuntia, chairman, IRDAI in an interview with Asia Insurance Post..
India’s fiscal response to COVID conservative, need large stimulus: Report
Azim Premji University’s .report, ‘State of Working India 2021: One Year of Covid-19,’ said the impacts of the second wave are still unfolding and may be as large, or larger than the first one.
Further, coming as it does on the back of depleted savings, debt, and reduced fallback options, the second wave can lead to potentially larger impacts on work, incomes, food security, health and education, the report said.
COVID-19 resurgence bringing renewed challenges for India; GDP growth seen at 9.5 pc: Fitch
With 8.5 hospital beds per 10,000 population and eight physicians per 10,000, the country’s healthcare sector is not equipped for such a crisis. Hospitals across the country have filled to capacity and in addition to oxygen running out, intensive care units are operating at full capacity and nearly all in the country ventilators are in use.
“Presence of a health regulator would have ensured treatment protocols, reasonability of charges and quality of service in hospitals”
In an interview with Asia Insurance Post, Subhash Chandra Khuntia, who, on Thursday. will be completing his three year term as the chairman, IRDAI , highlights some of the burning issues of Indian insurance industry and how the regulator is addressing them
Aon forms EMEA M&A and Transaction Solutions Advisory Board to support growth and expansion of M&A practice
The new advisory board will support the growth and development of Aon’s M&A practice across the UK and EMEA, as it continues to expand its client offerings to include solutions for intellectual property, cyber security and digital performance, retirement, benefits, talent and compensation, structured credit, tax and litigation risks, ESG and more.