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March marks yet another record in global heat
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Three govt agencies launch probe in Serum Institute fire causing Rs 1000 cr losses
“The supply of COVID-19 vaccine will not be affected due to the fire. No actual vaccine was being made at that facility. We were lucky that the incident happened in a different building. The extent of the financial damage is more than Rs 1,000 crores,” Poonawalla said while addressing a press conference.
Pay business insurance claims or face enforcement, UK watchdog says
“Where we see that insurers are not meeting the expectations set out here, we will use the full range of our regulatory tools and powers to ensure they do so,” the FCA’s executive director for consumers and competition Sheldon Mills said in a letter to insurers’ chief executives.
The watchdog brought the test case on behalf of policyholders last June, saying it could affect 370,000 policyholders and 60 insurers, paving the way for an estimated 1.2 billion pounds ($1.6 billion) of claims.
COVID-19 vaccination: Nearly 14 lakh beneficiaries inoculated
Senior government functionaries on Friday told a parliamentary standing committee on health and family welfare that India has no plan to vaccinate the entire country against coronavirus as yet and that covering 50% to 60% of the country’s population should be enough to safeguard the population.
Government’s principal scientific adviser, Vijay Raghavan, and AIIMS director, Randeep Guleria, told the panel that India does not see any foreseeable possibility of a vaccine shortage.
Japan coronavirus vaccination uncertainty casts doubts over Olympics
Many Japanese have a vague unease about vaccines, said Dr. Takashi Nakano, a Kawasaki Medical School professor and vaccine expert. If something (negative) happens after inoculation, people tend to think it’s because of the vaccine, and that’s the image stuck in their mind for a long time.
The history of vaccine mistrust in Japan dates back to 1948, when dozens of babies died after getting a faulty diphtheria vaccine. In 1989, cases of aseptic meningitis in children who received a combined vaccination for measles, mumps and rubella, or MMR, prompted lawsuits against the government, forcing it to scrap the mix four years later.
COVID-19: India records 14,545 new cases
The number of people who have recuperated from the disease surged to 1,02,83,708 pushing the national COVID-19 recovery rate of 96.78 per cent,while the COVID-19 case fatality rate stands at 1.44 per cent
The COVID-19 active caseload remained below 2 lakh for the third consecutive day. There are 1,88,688 active coronavirus infections in the country which comprise1.78 per cent of the total caseload,the data stated.
Car crashes in world’s oldest nation spur changes by automakers
Last year, Toyota upgraded its Safety Sense offering. The technology is designed to prevent or mitigate frontal collisions as well as keep drivers within their lane. By using high-resolution cameras on the windscreen and bumper-mounted radars, it can detect oncoming cars or pedestrians — or even bicycles in daylight hours — and give audible and visual alerts. If drivers fail to respond, automatic braking may be deployed. The new software also has intersection functionality to help detect oncoming obstacles if a car is making a turn from a stationary position.
At least five mine workers killed in blast in southern India
Karnataka, home to the tech hub of Bengaluru, has vast mineral deposits and stone quarries, but the safety of mine workers has remained a concern.Karnataka Chief Minister B.S. Yedyurappa said five people were confirmed dead and three people including the owner of the quarry had been detained and an investigation was ongoing.
Insurance firm offers mental health support as UK flood risk surges
“With five million people in England at risk of flooding, and climate change intensifying the frequency and severity of extreme weather, a mental health crisis is looming,” warned David Nichols, Zurich UK’s chief claims officer.
HSBC, Maybank’s Insurance Venture among bidders for AXA Singapore
Chief Executive Officer Thomas Buberl is trying to shift AXA’s focus on property and casualty insurance following its $15.3 billion purchase of XL Group Ltd. in 2018. Since then, the CEO has been reviewing options for smaller businesses across the world, including in the Middle East, to help pay for the XL deal.
U.S. agency orders Ford to recall 3 million vehicles over air bags
The defect, which leads in rare instances to air bag inflators rupturing and sending potentially deadly metal fragments flying – especially after long-term exposure to high humidity – prompted the largest automotive recall in U.S. history of more than 67 million inflators. Worldwide, about 100 million inflators installed by 19 major automakers have been recalled.