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SC to revisit its order making PUC certificate mandatory for Motor TP cover
“Prima facie, we are of the view that a right balance will have to...
Catastrophe models underestimate climate risks, find out investors
Catastrophe bonds and other insurance-linked securities, which...
Explain basis for approving insurance policies excluding mental illnesses from full coverage: HC to IRDA
The direction to the Insurance Regulatory and Development Authority of India (IRDAI) by the court came on a plea of a man whose claim for reimbursement of costs in the treatment of his mental illness was restricted to Rs 50,000 by the insurance provider – Max Bupa Health Insurance Company Ltd.
The court issued notice to IRDA and Max Bupa seeking their stand within two weeks, saying a large number of insured persons would be affected by such an insurance policy.
Delhi locks down as COVID chokes Indian health system
“Delhi’s health system is unable to take more patients in big numbers,” Chief Minister Arvind Kejriwal told a virtual press briefing on Monday. “If a lockdown isn’t implemented now the situation will go beyond control.”
India reports 2,61,500 new COVID-19 cases, 1,501 deaths
Five states — Maharashtra, Chhattisgarh, Uttar Pradesh, Karnataka and Kerala — account for65.02 per cent of India’s the active cases.
The active number of cases in the country stands at 18,01,316. In the last 24 hours, 1,38,423 people recovered from the disease. With this, the total recoveries reached 1,28,09,643.
8 Indian states highly vulnerable to climate change: Report
The report, titled ‘Climate Vulnerability Assessment for Adaptation Planning in India Using a Common Framework’, which identifies the most vulnerable states and districts in India with respect to current climate risk and key drivers of vulnerability, was released by the Department of Science and Technology (DST) Secretary Ashutosh Sharma.
Himachal Pradesh, Telangana, Sikkim and Punjab have been categorized as lower-middle vulnerable states. Uttarakhand, Haryana, Tamil Nadu, Kerala, Nagaland, Goa and Maharashtra have been categorized as states with low vulnerability.
COVID-19 hits passenger vehicle exports; shipments tumble 39 pc in FY21
”While the exports of passenger vehicles had dropped by a whopping 58 per cent in the first half of FY21 due to the pandemic and resultant lockdowns, marginal improvement due to multitude of efforts by the OEMs in the second half of FY21 led to the year closing with an overall decline in exports of passenger vehicles by 39 per cent,” SIAM Director General Rajesh Menon told PTI.
Covid-19 will leave deep scars in world economy even after recovery
While $26 trillion worth of crisis support and the arrival of vaccines have fueled a faster recovery than many anticipated, the legacies of stunted education, the destruction of jobs, war-era levels of debt and widening inequalities between races, genders, generations and geographies will leave lasting scars, most of them in the poorest nations.
Need of 3rd booster dose based more upon conjecture than data: Experts
Pfizer and Moderna recently announced that people who have received both doses of the Pfizer-BioNTech or Moderna coronavirus vaccines will probably need a booster shot this year and might need an annual shot thereafter.
Earlier this month, an expert panel of the Drugs Controller General of India (DCGI)had permitted Bharat Biotech to give a third dose of its COVID-19 vaccine Covaxin to a few volunteers in its clinical trials.
India has a double mutant Coronavirus variant. Should we be worried?
The new variant, which has a so-called double mutation, is thought to be fueling India’s deadlier new wave of infections that has made it the world’s second worst-hit country, surpassing Brazil, and has already begun to overwhelm its hospitals and crematoriums. The Asian nation has reported more than 14 million Covid cases so far and more than 174,300 fatalities.
Global Covid-19 caseload tops 139.6 mn, death toll surge past 2.99 million
The US is the worst-hit country with the world’s highest number of cases and deaths at 31,575,138 and 566,212, respectively, according to the CSSE.
In terms of infections, India follows in the second place with 14,291,917 cases.
Climate scientists swap fieldwork for high-paid finance jobs
Asset manager Schroders said it has more than 10 staff with scientific backgrounds in its insurance-linked securities team, including people with PhDs in climatology. Its sustainable investing team has grown by four people to 22 in the last year and is planning further expansion.