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Unilever to introduce mouthwash formulation in India, claims to reduce 99.9 pc corona after rinsing

by | Nov 21, 2020 | , , ,

Unilever Oral Care Research and Development Head Glyn Roberts said, “While we are clear that this is not a cure or proven way to prevent the transmission of coronavirus, our results are promising.”
This technology will be brought to India by Hindustan Unilever Ltd (HUL), Unilever”s arm, in Pepsodent Germicheck Mouth Rinse Liquid, which will be launched in India in December 2020, the company said.

Fisheries sector can attract USD 9 billion investment in 5 years: Official

by | Nov 21, 2020 | , ,

“Government is targeting investments to the tune of USD 9 billion in the fisheries sector over the next five years,” Union Fisheries Secretary Rajeev Ranjan said at an e- conference of Indian Chamber of Commerce.
The central government has also envisaged to improve the quality of life in coastal communities and diversification of the coastal economy through sustainable livelihood opportunities and inclusive development in an integrated manner, and Rs 750 crore has been allocated toward the same, he said.

COVID-19 caseload in India breaches 90-lakh mark

by | Nov 20, 2020 | , , , ,

The COVID-19 case fatality rate has further declined to 1.46 per cent.There are 4,43,794 active cases of coronavirus infection in the country which comprises 4.92 per cent of the total caseload, the data stated

According to the ICMR, a cumulative total of 12,95,91,786 samples have been tested up to November 20 with 10,83,397 samples being tested on Thursday

Aon develops $70mn in alternative capital capacity to transfer systemic cyber risk

by | Nov 20, 2020 | , , , , , ,

The cover allows for limits of up to USD 70 million and will protect against increasing cyber loss aggregations on re/insurers’ balance sheets. The product is structured to protect the cedent from the effects of catastrophic cyber market losses stemming from events such as self-propagating malware or wiperware, distributed denial of service, a significant cloud outage or certificate revocation.

MPs to buttress post-Brexit Britain as a financial centre

by | Nov 20, 2020 | ,

Britain left the EU last January and full access to the bloc under transition arrangements ends on Dec. 31, with 7,500 jobs and assets worth around a trillion pounds having already left the City of London for new EU financial hubs.

The inquiry will build on reforms already outlined by Britain’s finance minister Rishi Sunak last week that include making UK listings rules more attractive, amending insurance capital rules, and a sales tax break worth 800 million pounds on financial exports to the EU.

RBI committee recommends reshaping domestic banking industry

by | Nov 20, 2020 | , , ,

In a report made public on Friday, the committee recommended that banking regulations be amended to allow large industrial houses to act as so-called bank promoters, meaning they could take a significant stake in a lender, something the central bank has strongly resisted in the past.
Bajaj Group, Piramal Group and Reliance Industries are well-positioned to expand into banking, said an investment banker who did not wish to be named.