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Here is a masonry blog layout with no sidebarFPIs remain net buyers in first week of August; pump in Rs 8,327 crore
FPIs have been net buyers in the past two months. They invested Rs 3,301 crore in July and Rs 24,053 crore in June on net basis.
Harsh Jain, co-founder and COO at Groww, said that India’s biggest companies have posted better than expected results despite lockdowns and the rising number of COVID-19 cases and FPIs’ investment preferences have also evolved accordingly. “The popularity of bluechip stocks has increased while small and mid-cap stocks are losing favour,” he added.
Cabinet likely to take up proposal for Credit Guarantee Enhancement Corp soon
India requires an investment of whopping Rs 111 lakh crore in infrastructure over the next five years to sustain a healthy economic growth, according to the report of the Task Force on National Infrastructure Pipeline (NIP).
To meet the huge funding requirement, Credit Guarantee Enhancement Corporation would be one of the tools for mobilising funds for infrastructure development, sources said.
Why the Coronavirus Is More Likely to ‘Superspread’ Than the Flu
“There’s this small percentage of people who appear to infect a lot of people,” said Dr. Joshua Schiffer, a physician and mathematical modeling expert who studies infectious diseases at the Fred Hutchinson Cancer Research Center in Seattle. Estimates vary from population to population, but they consistently show a striking skew: Between 10 and 20 percent of coronavirus cases may seed 80 percent of new infections. Other respiratory diseases, like the flu, are far more egalitarian in their spread.
“Millennial buyers and the maturity of digital tools will bring about profound change in insurance distribution models”
Though markets are very different across Asia, almost life insurers now have a digital transformation programs in place in the region, says Alby Van Wyk, Executive Vice President, Asia, Munich Re Automation Solutions. In an exclusive e-mail interview with Asia Insurance Post, he explains how the requirement and demand for IT systems that enables faster delivery and greater agility, will only continue to grow in Asian markets
LIC launches month-long `Special Revival Campaign” for its policyholders
In view of the prevailing circumstances, no concessions are being offered in medical requirements and the same are limited to late fee only; under plans other than term assurance and other high risk plans
Up to Rs.1,00,000, a policy holder can avail 20 per cent (maximum Rs 1500) concession on late fee
– From Rs 1,00,001 to Rs 3,00,000,25 per cent (maximum Rs. 2000) concession on late fee
– From 3,00,001 and above, 30 per cent( maximum of Rs 2500) concession on late fee
Insured losses from Beirut blast seen around $3 billion: sources
20GB Intel data with key chip secrets leaked, probe on
The folder which is circulating wildly on social media has been billed as “Intel exconfidential Lake Platform Release ;)” and was originally posted on the mobile messaging platform Telegram.
“The information appears to come from the Intel Resource and Design Center, which hosts information for use by our customers, partners and other external parties who have registered for access. We believe an individual with access downloaded and shared this data,” the company was quoted as saying in the report.
Global AI market revenues to reach $156 billion in 2020: IDC
“AI applications continue to be at the forefront of digital transformation (DX) initiatives, driving both innovation and improvement to business operations,” Ritu Jyoti, programme Vice President, Artificial Intelligence Research at IDC, said in a statement.
Customer relationship management (CRM) AI applications and enterprise relationship management (ERM) AI Applications are the two largest segments with 20 per cent and 17 per cent share of the AI applications market.
World’s three hottest Julys happened in the last five years
In the Arctic, which has been warming at more than twice the global rate in recent decades, the expanse of sea ice shrank to its lowest level recorded for any July since 1979. The data service said satellite images reveal ice-free conditions “almost everywhere” along the Siberian coastline – a shipping route that, until a few years ago, could be crossed only with an ice-breaking vessel.
Australia to spend US$1.2b on cyber security for private sector after rise in attacks
Cyber attacks on businesses and households are costing about A$29 billion $20.83 billion) or 1.5% of Australia’s gross domestic product (GDP), Morrison told reporters in Canberra.
Much of Australia’s cyber policy to date has focused on bolstering the defenses of government agencies after an attack on the parliament in 2019, but malicious cyber activity is increasing against small and medium businesses, universities and households,Australian Prime Minister Scott Morrison said.
Fauci warns COVID-19 vaccine may be only partially effective, public health measures still needed
Rare syndrome linked to COVID-19 found in nearly 600 U.S. children -CDC
Multisystem inflammatory syndrome (MIS-C) is a rare but severe condition that shares symptoms with toxic shock and Kawasaki disease, including fever, rashes, swollen glands and, in severe cases, heart inflammation.
It has been reported in children and adolescent patients about two to four weeks after the onset of COVID-19.With rising COVID-19 cases, there could be an increased occurrence of MIS-C, but this might not be apparent immediately because of the delay in development of symptoms, said the report’s authors, including those from the CDC’s COVID-19 response team.
UN reports sharp increase in cybercrime during pandemic
We know that terrorists are exploiting the significant disruption and economic hardships caused by COVID-19 to spread fear, hate and division and radicalise and recruit new followers, the UN counterterrorism chief Vladimir Voronkov said.
The increase in internet usage and cybercrime during the pandemic further compounds the problem.
Supply Chain risk grows as weary crews halt ships and clog ports
According to the International Chamber of Shipping, about 250,000 seafarers are stuck at sea at increasing risk of physical and mental exhaustion. This could have an impact on safety as fatigue raises the risk of human error and accidents, said Ralph Leszczynski, head of research at shipbroker Banchero Costa & Co.
IMA says nearly 200 doctors in India have succumbed to Covid-19
“As per the latest data collected by the IMA, our nation has lost 196 doctors, out of which 170 of them are above the age of 50 years, with general practitioners attributing to around 40 per cent of it,” the IMA said expressing concerns over the safety of doctors losing their lives in the fight against the Covid-19 crisis.
While an increasing number of doctors are getting infected and losing their lives every day, substantial number of them have been found to be general practitioners.
61,537 new COVID cases in India,933 deaths
Covid’s spreading fast because billions don’t have water to wash
Underprivileged people in cities are particularly vulnerable as they often live in densely populated areas where social distancing is hard, especially if they have to share a water source. Transmission in the Americas has been tougher to contain in poor urban areas that have limited access to water, sanitation and public health services, said Carissa Etienne, director of the Pan American Health Organization.