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Shipping: Losses hit all-time low despite increasing risks for the sector: Allianz Report
The number of shipping incidents reported globally declined...
RCap administrator seeks 90-day extension from NCLT to implement resolution plan
The deadline for the implementation of the approved resolution plan...
Google’s earthquake alerts system to be made available in more countries
The tech giant announced that the earthquake alerts will now be available in two more locations. Android users in Greece and New Zealand will now receive automatic notifications about earthquakes in the regions. Google stated that it chose these countries because they lack early warning system alerts. Users can turn these notifications off if they like.
Markel Singapore appoints financial lines underwriter
Joe will underwrite a range of financial lines products, including Cyber, Commercial D&O, Professional Indemnity, Financial institutions, and Financial technology.
COVID-19: India records 3,780 fresh fatalities, 3,82,315 cases in single day
Registering a steady increase, the active cases have increased to 34,87,229 comprising 16.87 per cent of the total infections, while the national COVID-19 recovery rate was recorded at 82.03 per cent, the data updated at 8 am showed.
Govt to set up temporary hospitals with 10,000 oxygenated beds near industrial units
The strategy being used is to identify industrial units which produce gaseous oxygen of requisite purity, shortlist those which are closer to cities, dense areas and demand centres and establish temporary COVID care establishments with oxygenated beds near that source.
PIL for capping price of HRCT tests for COVID-19; HC seeks Delhi govt stand
A bench of Chief Justice D N Patel and Justice Jasmeet Singh issued notice to the Delhi government and sought its stand on the plea by Shivleen Pasricha, a lawyer, who has claimed that for detection of COVID-19 amongst suspected/ probable patients, the most widely recommended test is RT-PCR.
Bajaj Allianz General net soars 33.2% to Rs 1,330 cr in FY21
The company said that Rs 237 crore of the Rs 1,330 crore net income is underwriting profit, the key measure of an insurance company. But for the fourth quarter, the same plunged to a mere Rs 6 crore from Rs 159 crore in last year. In FY20, the company had an underwriting loss of Rs 11 crore, he said.
Aaditya Thackeray suggests creating paediatric Covid care ward anticipating next wave
“Along with paediatric covid care centre, another aspect we are now focussed on is to create a network of creches for those parents who may have to be in covid care centres and may not have support to look after their children, that aren’t infected by covid,” he added. He further said that Mumbai saw a massive spike last month and sustained it because of the constant increase in beds and facilities.
4,68 lakh dedicated beds for COVID-19 patients in 2,084 hospitals, Centre to SC’
“It is common knowledge that a large number of medical, nursing and pharmacy students, who graduated in 2020 and would be in the process of graduating in 2021, would be available to augment the workforce in the health sector. The Central Government should, we feel, look into this aspect, and ensure the optimal manner of utilization of their services, regard being had, of course, to their safety and well-being,” it said.
The Central Government should also consider using health care workforce available with the armed forces and para military forces for the purpose of vaccination, it suggested.
Warren Buffett says Greg Abel is his likely successor at Berkshire Hathaway
He also said that if anything happened to Abel, it would be Ajit Jain, who oversees Berkshire’s insurance businesses, would become chief executive, but Jain is about a decade older.
Could not predict exact nature of 2nd wave: Scientists working on mathematical models
”Clearly, the model predictions in this instance were incorrect because of the reasons below,” they said, listing reasons why. A mathematical model, they said, can only predict the future with some certainty so long as virus dynamics and its transmissibility do not change substantially over time. Mathematical models can also provide a mechanism to predicting alternate scenarios corresponding to various policy decisions such as non-pharmaceutical interventions, they added.