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Here is a masonry blog layout with no sidebarIndia’s coronavirus cases surge to 3.1 million
Validity of motor vehicle documents extended till Dec 30
SugarCRM Inc acquiers AI platform for leveraging CRM data
Making sense of data is a perennial issue for companies. Deep learning models are limited by the quality and quantity of input data, which historically has been inaccurate or incomplete in real-life CRM implementations. Node’s deep learning models identify signals with up to 81% greater accuracy than heuristic-based approaches to deliver the tangible benefits of heightened performance and true predictability.
Axis Bank cuts stake purchase in Max Life to 17%
LIC launches new Annuity Plan
More than 60 survivors pulled from collapsed building in India
The cause of the accident was not clear. But building collapses are common in India, usually due to shoddy construction, substandard materials and disregard of regulations.
Every year, heavy downpours during the June to September monsoon season bring down rain-sodden small and large structures deemed too dangerous to live in.
More than 1,200 people were killed in 1,161 building collapses across India in 2017, according to latest data from the National Crime Records Bureau.
India’s COVID-19 tally rises to 31,67, 323; death toll climbs to 58,390
China vows support for Hong Kong as Financial Hub
Global dividend plunge to be worst since financial crisis
Global dividend payments plunged $108 billion to $382 billion in the second quarter of the year, fund manager Janus Henderson has calculated, equating to a 22% year-on-year drop which will be the worst since at least 2009.
All regions saw lower payouts except North America, where Canadian payments proved to be resilient. Worldwide, 27% of firms cut their dividends, while worst affected Europe saw more than half do so and two thirds of those cancel them outright.
“2020 will see the worst outcome for global dividends since the global financial crisis,” Janus Henderson said in a report published on Monday.
Hedge Fund collects $3 billion as wildfire insurance claims
The payout yielded Baupost’s biggest profit generator last month and represented a sizable markup from what the firm had anticipated, it told investors Thursday. The fund bought $6.8 billion of subrogation claims against PG&E.
In a subrogation claim, an insurer sells the right to sue to recoup damages suffered by policyholders. Insurers offer the claims at a discount to investors in return for the certainty of being paid upfront.
Bears are going extinct in US stock market’s $13 trillion rebound
“It looks like all those fund managers over the past quarter went from being bearish and expecting a stock market crash to now bullish,” Shawn Cruz, senior market strategist at TD Ameritrade, said in an interview. “Sentiment’s turned positive about equities in general but also sentiment is turning positive for a return to growth.”
The tide is getting harder to fight with retail investors flocking to unprofitable companies such as Nikola Corp. and Moderna Inc. More money managers are forced to embrace the rally, ignoring this year’s profit contraction and banking on fiscal and monetary stimulus. At 26 times forecast earnings, the S&P 500 was trading at the highest multiple since the dot-com era.
Europe’s Covid surge looks less deadly as rise in testing keep deaths low
Many of the infections stem from younger people traveling and partying during the summer holidays, and some of those cases have been asymptomatic. Better treatment of the disease and improved procedures for identifying Covid-related deaths also help lower the death toll, John Ford, a lecturer in public health at the University of Cambridge.said.
Global coronavirus deaths exceed 800,000
The rate of deaths is holding steady with it taking 17 days to go from 700,000 to 800,000 deaths — the same time it took to go from 600,000 to 700,000.
The U.S. death toll surpassed 170,000 on Sunday, the highest in the world. While the number of new cases is down from a peak in July, the country is still seeing over 360,000 new cases a week.
WHO says children aged 12 and over should wear masks like adults
Studies suggest older children potentially play a more active role in transmission of the new coronavirus than younger children, the WHO and UNICEF said, adding more data was needed to better understand the role of children and adolescents in the transmission of the virus, which causes COVID-19.
The WHO first advised people to wear masks in public on June 5 to help reduce the spread of the disease, but had previously not issued specific guidance for children.
Porsche launches investigation into suspected engine manipulation
412 infra projects show cost overruns of Rs 4.11 lakh crore
“Total original cost of implementation of the 1,683 projects was Rs 20,65,336.20 crore and their anticipated completion cost is likely to be Rs 24,77,167.67 crore, which reflects overall cost overruns of Rs 4,11,831.47 crore (19.94 per cent of original cost),” the ministry”s latest report for June 2020 said.
New antibody tests offer a better snapshot of coronavirus immunity
Antibodies are markers of infection, and testing for them helps health officials see how widely the virus has spread. Until now, most tests could tell only whether they’re present. The newer ones go a step further, measuring the quantity of these proteins, which are raised by the immune system to disable viral invaders.
Covishield vaccine to be sold only after successful trial: Serum Institute
SII issued this clarification after reports in the media began appearing which claimed that Covishield- Oxford University’s vaccine candidate, will be commercialised in a little over two months.
The phase three trials for the Oxford vaccine candidate are being conducted by SII in India.
Serum Institute of India clarifies that the current claims over Covishield’s availability, in the media are completely false and conjectural. Presently, the government has granted us permission to only manufacture the vaccine and stockpile it for future use,” SII said.