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Here is a masonry blog layout with no sidebarEven with vaccines, airport testing Is here for the long haul
There’s data to support the idea that testing could reestablish consumer confidence. In a study published by the Global Business Travel Association (GBTA) in October, 76% of respondents said that rapid testing prior to departure—with waived quarantining requirements for those who test negative—would be the best way to open up international travel.
COVID-19 caseload surges to 95.71 lakh; recoveries cross 90 lakh
The number of people who have recuperated from the disease surged to 90,16,289 pushing the national recovery rate to 94.20 per cent, while the COVID-19 case fatality rate stands at 1.45 per cent.
The active COVID-19 caseload continued to remain below 5 lakh.There are 4,16,082 active coronavirus infections in the country which comprises 4.35 per cent of the total caseload, the data stated.
RBI keeps key rates steady, Sensex hits 45,000 for the first-time
GDP estimated to contract by 7.5% for FY21
Das said the economy was rebounding faster than expected from a coronavirus-induced slump earlier in the year but warned signs of recovery were far from being broad based.
RTGS system to be made 24X7 in next few days, said RBI..
From January onwards, the limit for contactless card transaction will be upped from Rs 2,000 to Rs 5,000 per transaction.
A proposal was made to issue RBI digital payment security control directions for regulated entities.A detailed regime for enhanced disclosure of customer complaints, monetary compensation for any kind of delay in redressal was also announced.
WHO looks at possible ‘e-vaccination certificates’ for travel
Artificial intelligence alone can add USD 500 billion to economy: Google India
Global reinsurance sector outlook stable on hardening market:Fitch
Changes in reinsurance terms and conditions, notably the exclusion of pandemic cover in new and renewed contracts, should progressively reduce the potential for future property and casualty reinsurance claims stemming from the pandemic. Nevertheless, the uncertainty around ultimate losses from the pandemic remains high.
Re/Insurance firm Vantage announces launch
Hendrick said, “2020 has reinforced the riskier nature of our world and the re/insurance markets. Risk changes constantly, and we in the insurance industry must demonstrate our ability to evolve with it, to offer clients coverage that meets their current challenges. To do that, we brought together some of the brightest, most experienced minds in re/insurance to approach the new world of risk in a fresh way — with curiosity at its core and creativity as its engine. At Vantage, we will address the risks others avoid with smart technology and robust analytics.”
Millions of bad bots attacks on e-commerce sites detected
Cybercriminals have been using different ways to spoof good “User-Agents” to conduct the attacks.
With the holiday shopping season expected to continue in full swing till the New Year, e-commerce teams should start taking necessary steps to safeguard their applications against bad bots, Barracuda Networks said
Pfizer says supply chain challenges contributed to slashed target for COVID-19 vaccine doses in 2020
They don’t need me now’: COVID impact forcing Britons to food banks
“If you look at what’s happened over the last seven months, the queues have got significantly longer, the nature of the guests who are queuing up … it’s changed to families as well as those who were living on the streets,” said Alexander Shahid Khan, a banker who volunteers at a food bank in London.
“So you can definitely see that the effects of COVID has meant there’s a lot of people suffering from income and food poverty at the moment.”
Pandemic,Cyber-attack and Data Fraud remain top risk concerns for India Inc:Marsh/RIMs Study
“Cyber attacks, fraud, weather-related risks and, even, pandemics, have long been identified and prioritized by risk professionals.However, risk professionals’ work must go beyond identifying the impacts of these uncertainties. It is incumbent upon us to highlight opportunities and solutions that support shifts in strategy, strengthen organizational resilience and empower business leaders to make strategic-decisions with confidence. We are proud to present these findings with Marsh and provide the global risk management community with the insight to help elevate their programs.”said Laura Langone,President, RIMS 2020
WHO hopes to have 500 million vaccine doses via COVAX scheme in first-quarter 2021 – chief scientist
IMA calls for strike on Dec 11 over ayurveda surgery move
Stating that the notification by the Central Council of Indian Medicine to allow the legal practice of surgeries by Ayurveda practitioners and the formation of four committees by Niti Aayog for the integration of all systems of medicine will only lead to “mixopathy”, the IMA demanded an immediate withdrawal of both.
The Union government told the Supreme Court that Ayurveda, unani and homoeopathy practitioners can prescribe drugs for prevention of Covid-19 by boosting immunity but cannot claim that their medicines can cure such patients.
Mental health in the workplace, saved by bots and apps?
Seven in 10 employees say this has been the most stressful year of their working lives, according to a report from Workplace Intelligence and Oracle.
For companies, that means the mental-health issues of employees have rocketed from a secondary concern in years past, to a primary one. But making help available, quickly and at scale, is no easy task.
And 68% say that they would prefer interacting with a robot on issues like stress and anxiety, as opposed to a human manager.
On World AIDS Day, South Africa finds hope in new treatment
In her World AIDS Day message, UNAIDS executive director Winnie Byanyima lamented the fact that more than 12 million people are still waiting to get on HIV treatment, while 1.7 million people were infected with HIV in 2019 because of lack of access.
She called on companies to “openly share their technology and know-how and to waive their intellectual property rights” so that the world can produce vaccines, including for Covid-19, at the scale required. There is no vaccine for HIV.
Paytm quashes reports of stake sale by Ant Financial
While reports claimed that Ant Financial is planning to sell its stake in the company, both Paytm and Ant denied them as rumours and called the reports ‘false’ and ‘misleading’.
It has launched new insurance and wealth products which are getting adopted by its users as more people are transacting digitally in India. The progress has helped in instilling more confidence in all its investors and they expect expansion of these services going forward.
Reliance General Insurance and Reliance Nippon Life Insurance put on block, see large PE bidders
For Reliance General Insurance, which is owned 100 per cent by RCAP, there are 18 bidders and prominent among them are, Chryscap, J.C. Flower, Blackstone, KKR, CVC Capital Partners, and Bain Capital.
For Reliance Nippon Life Insurance, in which RCAP owns 51 per cent controlling stake, has received 16 bids, including Bain Capital, NIIF, Arpwood Partners, Dabur Investments, Bandhan Bank, and Multiples Asset Management among others.
COVID-19 caseload breaches 95-lakh mark,death toll climbs to 1,38,648 with 526 new fatalities
The number of people who have recuperated from the disease surged to 89,73,373 pushing the national recovery rate to 94.11 per cent, while the COVID-19 case fatality rate stands at 1.45 per cent.
The active COVID-19 caseload continued to remain below 5 lakh.There are 4,22,943 active coronavirus infections in the country which comprises 4.44 per cent of the total caseload, the data stated.