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Number of new Covid cases increased 52% globally in past one month: WHO
WHO said over 118,000 new COVID-19 hospitalisations and over 1600 new intensive care unit (ICU) admissions have been recorded, with an overall increase of 23 per cent and 51 per cent, respectively, globally Geneva: The number of new COVID cases increased by 52 per...
32 per cent vehicles in Kerala not insured, says Transport dept
''Putting several lives at huge risk, 32 per cent of the vehicles on the Kerala roads are currently uninsured. In a bid to address this alarming statistic, the Motor Vehicle Department is on an all-out effort to achieve complete insurance coverage for all vehicles,''...
Britain and Switzerland agree wide-ranging financial services trade deal
“It is an agreement based on deference: Swiss firms can operate inside the UK under Swiss rules and UK firms can operate inside Switzerland under UK rules,” UK's Chancellor of the Exchequer Jeremy Hunt said. “This is a light-touch, progressive, future-leaning way of...
Global regulators make tackling non-bank leverage a priority for 2024
The G20’s Financial Stability Board (FSB) and IOSCO, a global grouping of securities markets regulators, on Wednesday issued tougher liquidity management guidance for asset managers of open-ended investment funds, adding to existing guidance for money market funds,...
Special camps to be organised in TN’s 4 districts to settle insurance claims once flood water recedes: FM
As many as 31 people have lost their lives in the four districts while a total of 73,574 hectares of agriculture crop area and 35,796 hectares of horticulture area have been affected due to heavy rainfall during December 16-19 Chennai: Finance Minister Nirmala...
India expected to see 1 cr EV sales annually by 2030, create 5 cr jobs: Gadkari
Union minister Nitin Gadkari said the government has also permitted retrofitting of existing polluting vehicles into hybrid and fully EVs. The regulations have been finalised and technology demonstrations done successfully, he added. He said the government intends to...
Shipping firms impose surcharges as Red Sea attacks hit global trade
In total, Maersk said a standard 20-foot container travelling from China to Northern Europe now faced an extra charge of $700, consisting of a $200 TDS and $500 PSS. Containers bound for the east coast of North America will be charged $500 each, consisting of the $200...
Ayushman Bharat Digital Mission ensures robust patient data security measures: NHA
Vikram Pagaria, joint director of the mission under the National Health Authority, highlighted that around 2,50,000 health facilities have been connected so far under the ABDM run by the NHA. Pagaria said that under this mission, there is no question of the patient's...
New psychological intervention ‘EASE’ to help adolescents affected by distress
1 in 7 adolescents globally experience mental health conditions, which mostly go unseen and untreated. EASE is the first WHO-UNICEF psychological intervention to address the critical shortage of mental health care for adolescents experiencing distress Geneva: The...
India boosts AI in weather forecasts as floods, droughts increase
The India Meteorological Department expects the AI-based climate models and advisories it is developing to help improve forecasts.The weather office has used AI to generate public alerts regarding heatwaves and such diseases as malaria.It plans to increase weather...
Govt grants one-time exemption to LIC to achieve 25 pc MPS in 10 yrs
LIC stock jumped over 7 per cent to reach its 52-week high in morning trade on Friday after getting a one-time exemption to achieve 25 per cent Minimum Public Shareholding (MPS) within 10 years. The stock climbed 7.25 per cent to reach its 52-week high of Rs 820.05 on...
2024: Reforms to keep Indian insurance sector buoyant
Sumit Rai, MD & CEO, Edelweiss Tokio Life Insurance One of the awaited developments of 2024 is that the government will table the Insurance Laws (Amendment) Bill as it has the potential to bring another round of positive reforms and bolster the growth prospects of...
Shipping costs soar as war and climate risks choke key waterways
This week, provisional chartering rates for a Suezmax tanker to move oil from Iraq to the Mediterranean rose above 90 worldscale points, said shipbrokers. That’s a sharp jump from between 75 to 85 points in provisional bookings made in the past week. These points...
No plan to make Covid testing mandatory at airports as of now, say health ministry sources
There is also no increase in hospitalisation rates and COVID-19 is an incidental finding in people hospitalised due to other medical conditions New Delhi:There is no plan so far to make RT-PCR testing for COVID-19 mandatory at airports for travellers, Union health...
Red Sea attacks a risk for Indian exports
New Delhi may consider an alternate route along Africa for shipments of basmati rice if attacks by Yemen's Houthi group persist, which could lift prices by about 15% to 20%, the source added New Delhi: India's exports face a shortfall of about $4 billion to $5 billion...
JN.1 variant is fast spreading; vulnerable for older people with multiple comorbidities: Health expert
"JN.1 is a fast-spreading variant, it could go into the next tier of the population, which is the vulnerable age group, older people and also people with multiple comorbidities. In such individuals, their underlying conditions can destabilise and could result in their...
Wearables: Do you want Big Tech Cos snooping in your closet?
It’s virtually impossible to escape the all-seeing eye of companies like Google and Meta Platforms Inc. when we’re online. Now those companies have an opportunity to watch our real-world lives through wearables, which could make today’s online surveillance business...
SAT upholds Irdai’s decision to cancel TPA E-Meditek’s license
The Irdai order lists 13 charges against E-Meditek. These charges are with respect to empanelment of fake hospitals and payment of claims pertaining to these hospitals, payments and servicing of fictitious and fraudulent insurance claims, unexplained dealing in cash...