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Here is a masonry blog layout with no sidebarPressure mounts on U.S. insurers to pay pandemic business loss claims
India’s chaotic cities turn eerily silent as coronavirus fears grow
But millions more are still stuck as all railway movement across the country has been halted. The government announced an US$22 billion (S$31 billion) relief package on Thursday, but the terror is palpable as families sit huddled under flyovers and near bus stops unsure of what happens next. Local media have reported thousands of people are simply walking hundreds of kilometres toward their villages, clutching their children and meagre belongings.
As U.S. virus cases exceed 100,000, doctors decry scarcity of drugs and equipment
US President Donald Trump on Friday invoked wartime Defense Production Act to force auto giant General Motors to manufacture ventilators, amid a supply shortage of the life-saving medical equipment in view of the mounting coronavirus cases. Price negotiations with the car company was taking time, Trump said. Trump signed a Presidential Memorandum directing the Secretary of Health and Human Services to use any and all authority available under the Defense Production Act to require General Motors (GM) to accept, perform, and prioritize federal contracts for ventilators.
Bruised Indian economy to be battered further by coronavirus: Reuters Poll
“Just as everywhere else in the world, the Indian economy is bracing for the fallout (from) this unprecedented event. We expect the lockdown to dramatically reduce GDP in … subsequent quarters, while there will be prolonged economic gloom throughout the rest of the year,” said Prakash Sakpal, Asia economist at ING.
India needs at least 38 mn masks to fight Coronavirus
PM announces new fund for people to donate towards govt fight against coronavirus
Test that can detect coronavirus in 5 minutes; courtesy Abbott Labs
The test starts with taking a swab from the nose or the back of the throat, then mixing it with a chemical solution that breaks open the virus and releases its RNA. The mixture is inserted into an ID Now system, a small box weighing just under 7 pounds that has the technology to identify and amplify select sequences of the coronavirus genome and ignore contamination from other viruses.
Caronavirus Pandemic:EMIs put on hold for 3 moths, big-bang interest rate cut as RBI joins fight against coronavirus
Coronavirus Pandemic: DGCA extends ban on international flights till April 14
Coronavirus cases rising, but rate is relatively stable: Health ministry
Lloyd’s gears up to tackle COVID-19 crisis,returns to profitability after 3 yrs
Bruce Carnegie-Brown, Lloyd’s Chairman, said““The beginning of 2020 has proved exceptionally difficult as COVID-19 spreads rapidly around the world with devastating consequences for families, communities and the global economy. Now more than ever, our customers need us to be ready to support them through these challenging times. By focusing on performance management, modernising the market and creating a market culture that will attract the best and brightest talent, we are making the market more resilient, more successful and better placed to meet our customers’ needs.”
U.S. has most coronavirus cases in world, next wave aimed at Louisiana
IRDAI postpones its move to hike 3rd party motor premium from Apr 1
“Validity of premium rates for Motor Third Party Liability Insurance Cover set out for the year 2019-20 stands extended beyond 31st March, 2020 until further notice, Accordingly, all insurers shall continue to charge the rates currently being charged for Motor Third Party Liability Insurance Cover from 1st April, 2020 onwards until further orders.,’’said IRDA in its order on Friday.
Repayment moratorium covers all loans, including credit card dues: RBI
Term loans and working capital facilities include all term loans (including agricultural term loans, retail and crop loans), all commercial banks (including regional rural banks, small finance banks and local area banks), co-operative banks, all-India financial institutions, and NBFCs (including housing finance companies) are permitted to grant a moratorium of three months on payment.
Owners need to provide mobile numbers for vehicle registration-related services:Govt
In this regard, a notification was issued last week for amending various forms, the ministry said in a statement.
“These forms pertain to various aspects relating to motor vehicles like, registration, transfer, register of vehicles, renewal, duplicate copy, grant of NOC, change of address, entry or termination entry for hire / purchase / hypothecation, etc,” it said.