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Here is a masonry blog layout with no sidebarIndia reports 1,94,720 fresh COVID-19 infections, 442 fatalities
``Plateauing of hospital admissions is an indication that the wave may have peaked. We may see a decline in cases in two to three days.Cases have started declining in Mumbai and Delhi is likely to follow the same trend,'' Delhi Health Minister Satyendra Jain said New...
Goldman Sachs says bitcoin will compete with gold as “store of value”
Citing bitcoin's $700 billion market capitalization, compared to the around $2.6 trillion worth of gold owned as an investment, Goldman Sachs said that the cryptocurrency currently has a 20% share of the "store of value" market The term "store of value" usually...
China’s Omicron Outbreak Is Bad News for the Global Supply Chain
“The reality is that China remains the center of global manufacturing,”said Thomas O’Connor, a supply chain expert at Gartner Inc. in Sydney. “If there was significant manufacturing or logistic shutdowns in China associated with covid-related challenges, that would...
Aspen launches ESG integration initiative ‘Project Leaf’
By 2026, the project aims to see over two thirds (66%) of Aspen’s (Credit and Political Risk) CPR premium originating from transactions with a favorable ESG classification. A favorable classification is determined by exposure that has a positive ESG risk factor, for...
Government may seek Rs 15 trillion valuation for LIC, aims to file prospectus for IPO by Jan end
The government is still awaiting the completed valuation report, the people said, and projected valuations may change based on that. They added that LIC could be valued at as high as five times the so-called embedded value — higher than 3-4 times for most insurers...
No complete ban on cannabis, medical use allowed: Centre to Delhi HC
The petition, which is listed for further hearing in March, has challenged provisions of the Narcotic Drugs and Psychotropic Substances (NDPS) Act which prohibit the use of cannabis and has contended that the drug has medicinal and industrial benefits. New Delhi: The...
Too soon to treat COVID-19 like flu as Omicron spreads – WHO
"At this rate, the Institute for Health Metrics and Evaluation forecasts that more than 50% of the population in the region will be infected with Omicron in the next 6-8 weeks," Kluge said, referring to a research centre at the University of Washington Fifty out of 53...
Government finalises medical insurance for retired Air India employees
Retired employees will get the Central Government Health Scheme facility for their OPD requirement and National Health Insurance Scheme for their hospitalisation requirements," a top government official told the paper. The airline has around 50,000 retired staff in...
Non-life insurance cos register over 7 pc rise in gross premium at Rs 18,953 cr in Dec 2021
The five standalone health insurance companies registered a 31.3 per cent rise in their gross underwritten premium at Rs 1,740.15 crore during the month, against Rs 1,325.03 crore a year ago Hyderabad: The gross direct premium underwritten by non-life insurance...
Contacts of confirmed cases don’t need to get tested unless identified as high risk: Govt advisory
Asyptomatic patients undergoing surgical/non-surgical invasive procedures including pregnant women in/near labour who are hospitalised for delivery should not be tested unless warranted or symptoms develop, the advisory said. New Delhi: Contacts of confirmed Covid...
Equity MFs inflow surges to Rs 25,000-cr in Dec on strong SIP book
Equity schemes have been witnessing net inflow since March 2021 and the segment has received a net inflow of Rs 1.1 lakh crore during this period highlighting the positive sentiments among investors Mumbai: Flows into equity mutual funds more than doubled to Rs 25,000...
In a medical first, US surgeons transplant pig heart into human patient
While it's too soon to know if the operation really will work, it marks a step in the decades-long quest to one day use animal organs for life-saving transplants. Doctors at the University of Maryland Medical Center say the transplant showed that a heart from a...
Climate failure and social crisis top `Global Risks 2022”:WEF Report
The Global Risks Report 2022 explores four areas of emerging risk: cybersecurity; competition in space; a disorderly climate transition; and migration pressures, each requiring global coordination for successful management Geneva: Climate risks dominate global...
7-day home quarantine mandatory for all international arrivals in India, Covid test on 8th: Govt
Contacts of the suspect cases are the co-passengers seated in the same row, three rows in front and three rows behind along with the identified cabin crew, the guidelines said Also, all the community contacts of the travelers who have tested positive (during home...
23.39 pc pay rise for AP govt staff, retirement age up by 2 years
The enhanced retirement age would be applicable from January 1, 2022 The Chief Minister told the employees’ associations that the pending DA instalment arrears would be paid along with the January salary. Also, the pending payments like provident fund, insurance,...
Indian economy to grow 9.2 pc in 2021-22, surpass pre-Covid level: Govt data
The improvement in the economy comes over a GDP contraction of 7.3 per cent during 2020-21 due to the pandemic and resultant lockdown imposed to curb the spread of the deadly coronavirus New Delhi: The Indian economy is estimated to grow at 9.2 per cent in the 2021-22...
Life insurers’ new business premium income nearly flat at Rs 24,466 cr in Dec
On a cumulative basis, the first-year premium of all life insurers during April-December 2021 jumped 7.43 per cent to Rs 2,05,231.86 crore Hyderabad: Life insurers' collective new business premium income stayed nearly flat from a year ago at Rs 24,466.46 crore in...
Study finds employee training pays off with fewer layoffs
"Importantly, these findings provide evidence that the same investments that firms make to support the development of employees' human capital in normal times also offer a buffer to employees' job security in the face of financial precarity," the authors wrote...