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India’s COVID-19 tally climbs to 13,85,522,death toll rises to 32,063

“The way we have fought coronavirus is really appreciable. Our fatality rate is much less than most other countries. We were able to save the lives of lakhs of people, but we have to remember that the coronavirus is still as dangerous as it was in the beginning, said Prime Minister Narendra Modi on Sunday. in his monthly radio programme called ‘Mann Ki Baat’.The COVID-19 death toll in the country rose to 32,063 with 705 fatalities being recorded in?a day, the data updated at 8 am showedThere are 4,67,882?active cases of coronavirus infection presently in the country.Thus, around 63.92 per cent people have recovered so far

Debt MFs inflow at Rs 1.1 trn in June qtr, liquid schemes account for 80%

As per the data, inflows into debt mutual funds were at Rs 1.1 trillion in the three months ended June, compared to outflows of Rs 1.13 trillion in the January-March quarter.

Investment into such funds was at Rs 19,690 crore during the quarter ended June 2019.

Nearly 80 per cent of the total inflows during the quarter under review in the fixed-income segment came through liquid funds, where most of the institutional money is parked.

Soon,these 10 intel agencies will have access to your PAN,bank details

The “furnishing and receiving of information to and from” these central agencies will be done through the National Intelligence Grid (NATGRID), a robust mechanism envisaged to track suspects and prevent terrorist attacks with real-time data and access to classified information like immigration, banking, individual taxpayers, air and train travels.

Swiss Re appoints Pasricha as Global Head P&C Solutions

For the last six years,Pranav Pasricha was the CEO of Intellect SEEC,offering data, machine learning and cloud-based solutions to commercial P&C and life insurance clients globally. Earlier, Pasricha was responsible for strategy, technology and operations for QBE Insurance across Australia Asia Pacific, leading the build-up of its eBusiness capabilities and digital transformation of underwriting and claims

COVID-19 Pandemic:India tally crosses 13 lakh with 48,916 fresh cases;death toll now 31,358

With 48,916 fresh cases, the country’s coronavirus infection tally surged to 13,36,861, while the death toll rose to 31,358 with 757 more people succumbing to the disease in the last 24 hours, data updated by the ministry at 8 am showed.
This is the third consecutive day when COVID-19 cases increased by more than 45,000.
There are currently 4,56,071 active cases of COVID-19 in the country.Thus, around 63.54 percent people have recovered so far.

Insurers explore officer coverage as police reform debate rages in US

U.S. insurers and brokers see a potential market opening up after a New York state lawmaker this month introduced legislation that would require individual officers to carry liability coverage for lawsuits alleging excessive force, abuse or other misconduct.
Currently, most police officers rely on municipalities to cover legal costs and payouts to victims, either from public funds or blanket insurance. Critics say that provides no incentive for officers to check their behavior, often leaving taxpayers on the hook. New York City paid $220 million last year for police department settlements of civil lawsuits, far more than any other of the city’s agencies, public data show.

11 investment bankers in the fray to manage LIC’s mega IPO

These entities include Axis Capital, Citigroup Global Markets, CLSA, Credit Suisse Securities, Deloitte India, Edelweiss Financial Services, IDFC Securities, IIFL Securities, JM Financial, SBI Capital Markets and YES Securities.
LIC’s IPO is expected to be the largest in the domestic capital markets and time line for the IPO is not yet known though Finance Minister Nirmala Sitharaman in her 2020-21 budget speech had announced that the proposed IPO which would contribute majorly in this financial year’s ambitious Rs 2.1-trillion disinvestment target

Won’t lift lockdown just to address economic concerns:Maha CM Thackeray

“Many people are opposing lockdown. They say that lockdown is affecting the economy. To such people, I would say that I am ready to lift the lockdown, but if people die due to it, would you take the responsibility?…Even we are concerned about the economy,” Maharashtra Chief Minister Uddhav Thackeray said.

On the restarting of the suburban railway network in Mumbai, he said, “What if families fall ill and their houses are sealed? Therefore, everything would be done step-by-step.”

Shadow of second wave of the virus spoils world leaders’ efforts to restore normality

From Italy to New Zealand, irrespective of how well the virus was contained, governments acknowledge that fresh waves of the deadly coronavirus are likely and that the policy tools to mitigate the damage are limited.The hope is that localizing quarantines to towns, cities and regions will be enough to snuff out bouts of infections as they come.

Why COVID-19 is killing U.S.diabetes patients at alarming rates

America’s mortality rates from diabetes have been climbing since 2009 and exceed most other industrialized nations. Blacks and Latinos suffer from diabetes at higher rates than whites and have disproportionately suffered from COVID-19.

“Diabetes was already a slow-moving pandemic. Now COVID-19 has crashed through like a fast-moving wave,” said Elbert Huang, a professor of medicine and director of the University of Chicago’s Center for Chronic Disease Research and Policy.

Record numbers of coronavirus cases in every global region

“We will not be going back to the ‘old normal’. The pandemic has already changed the way we live our lives,” World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus said this week. “We’re asking everyone to treat the decisions about where they go, what they do and who they meet with as life-and-death decisions – because they are.”