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RBI’s Rs 50K cr liquidity facility can augment hospital bed capacity by 20%: Crisil

”Increased availability of funds at low cost will incentivise hospitals to augment beds, oxygen storage, ICUs and critical medical equipment,” its chief ratings officer Subodh Rai said.

If half of the Rs 50,000 crore window is utilised by augmenting hospital beds, the number of beds will go up by 15-20 per cent of the current capacity, he added.

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Bees in the Netherlands trained to detect COVID-19 infections

It can take hours or days to get a COVID-19 test result, but the response from the bees is immediate. The method is also cheap, potentially making it useful for countries where tests are scarce, they said.

But Dirk de Graaf, a professor who studies bees, insects and animal immunology at Ghent University in Belgium, said he did not see the technique replacing more conventional forms of COVID-19 testing in the near future.

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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..

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