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Tesla to halt Shanghai factory production amid COVID curbs, Bloomberg News reports
Tesla's production in the plant will be halted on Monday, the...
Govt mulls dropping pre-call announcements on phones after 2 yrs of Covid
Official sources said the Department of Telecommunications (DoT)...
Coronavirus likely to lock India’s women out of job market for years
A report by the Centre for Sustainable Employment at Azim Premji University found that 47% of women workers who lost their job between March and December – before the second wave of the virus hit in April – were made permanently redundant. That compared with around 7% of male workers, many of whom were able to either return to their old jobs or take up independent work like selling vegetables.
Shipping losses stay at historic lows, but Asia remains largest global loss hotspot:Allianz
“Overall, the frequency of marine claims has not reduced. We are also seeing an increased cost of hull and machinery claims due to delays in the manufacture and delivery of spare parts, as well as a squeeze on available shipyard space,” says Justus Heinrich, Global Product Leader, Marine Hull, at AGCS.
“Overall, the frequency of marine claims has not reduced. We are also seeing an increased cost of hull and machinery claims due to delays in the manufacture and delivery of spare parts, as well as a squeeze on available shipyard space,” says Justus Heinrich, Global Product Leader, Marine Hull, at AGCS.
The world’s piracy hotspot, the Gulf of Guinea, accounted for over 95% of crew numbers kidnapped worldwide in 2020. Last year, 130 crew were kidnapped in 22 incidents in the region – the highest number ever – and the problem has continued. Vessels are being targeted further away from the shore – over 200 nautical miles (nm) in some cases.
India reports 40,134 new COVID cases and 422 deaths
Fresh Covid-19 cases in India registered a week-on-week rise for the first time in 12 weeks since the peak of the second wave in early May, indicating an early sign of another pandemic spike in the country, said experts.
Currently, the surge is mainly restricted to Kerala and, to a much lesser degree, Karnataka and Tamil Nadu.Cumulatively, 47,22,23,639 vaccine doses have been administered through 55,99,690 sessions, as per the provisional report till 7 am today. 17,06,598 vaccine doses were administered in the last 24 hours.
Mastercard and American India Foundation (AIF) launch first portable hospital in Jalna
Prof. K. VijayRaghavan, Principal Scientific Adviser, Government of India, said, “Rapidly developing and implementing surge-capacity in our health-care system is an important ongoing effort all over the country. Government efforts are supplemented by partnership with industry and NGOs with an aim to refurbish existing hospital infrastructure to improve critical care. These include facilitating state governments’ systems in a manner uniquely required of them. The initiative by Mastercard and AIF is one such where a few hospitals are being launched and/or commence their functions this month. Keeping up the momentum, learning from these experiences, will be important to accomplish the goals of all such partnerships.”
‘Corona Kavach, Rakshak policies loss-making products’; insurers urge regulator for re-pricing
”Given that there are such huge underwriting losses, companies have been speaking to the regulator that an increase in the premium will help (them). In life, we have already seen an increase in premiums,” said sources
Forecasters who predicted India’s coronavirus peak see new wave coming
The country may see a worsening of its outbreak as soon as this month, with the next wave peaking in the best-case scenario with less than 100,000 infections a day, or nearly 150,000 in the worst scenario, according to estimates by researchers led by Mathukumalli Vidyasagar and Manindra Agrawal at Indian Institute of Technology in Hyderabad and Kanpur respectively.
States with high Covid rates, such as Kerala and Maharashtra, could “skew the picture,” Vidyasagar told Bloomberg in an email.
GST collection of over Rs 1 lakh cr for July indicates economy recovering at fast pace, says Sitharaman
“With the easing out of Covid restrictions, GST collection for July 2021 has again crossed Rs 1 lakh crore, which clearly indicates that the economy is recovering at a fast pace. The robust GST revenues are likely to continue in the coming months too,” the Finance Ministry said.
Myanmar has the highest coronavirus mortality rate in Southeast Asia
In the last seven days, the death rate per capita in Myanmar has surpassed that in Indonesia and Malaysia and has become the worst in Southeast Asia. The country’s healthcare system was quickly overwhelmed by new COVID-19 patients.
Medical oxygen supplies are dwindling, and the government has restricted its private sales in many places, saying it is trying to prevent backlogs. But this has led to widespread accusations that supplies are being channeled to government supporters and military hospitals.
Centre advises strict curbs as 46 districts see over 10% Covid positivity
Noting that more than 80 per cent of active cases in these states are reported to be in home isolation, it said there is a need to effectively and strictly monitor these cases so that they do not meet other people and spread the infection.
Negative RT-PCR report must for entering Karnataka from Kerala, Maharashtra
The certificate is mandatory for all passengers coming to Karnataka by flight, bus, train and personal transport, the circular said.
It said the certificate is applicable for all the flights originating from Kerala and Maharashtra. “Airlines shall issue boarding passes only to the passengers carrying RT-PCR negative certificate not older than 72 hours,” it said.
Railway authorities shall be responsible for ensuring that all passengers travelling by trains carry the negative RT-PCR certificates, it said.