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Argenta to withdraw from Lloyd’s China Platform
Andrew Annandale, Managing Director of ASML and Chief Executive Officer of ASML’s parent, Argenta Holdings Limited, commented:“The decision to withdraw our support from the Lloyd’s China platform has not been taken lightly and will enable us to simplify operations and...
Indian vaccine makers bank on boosters as demand crashes
Vaccination for those under the age of 18 in India has not started yet, a market most of the companies are targeting next New Delhi: Indian COVID-19 vaccine makers are lobbying the government to authorise boosters as supplies have so outstripped demand that one...
Omicron reported in 57 countries, hospitalisations set to rise, says WHO
The WHO, in its weekly epidemiological report, said more data was needed to assess the severity of disease caused by the Omicron variant and whether its mutations might reduce protection from vaccine-derived immunity "Even if the severity is equal or potentially even...
Cyber security, frauds main concerns with digital currency: RBI
"Main concern comes from the angle of cybersecurity and possibility of digital frauds. We have to be very careful about that," said RBI governor Das Mumbai: As the RBI moves ahead for the launch of the central bank digital currency (CBDC), Governor Shaktikanta Das on...
UP, Delhi, Karnataka leading states in EV sales: Govt
Uttar Pradesh (255,700) has the highest registered electric vehicles, followed by Delhi (125,347) and Karnataka (72,544) come in that order. The fourth and fifth spots are grabbed by Bihar (58,014) and Maharashtra ( 52,506). New Delhi: Uttar Pradesh, Delhi and...
Star Health cuts IPO size to about $848 mln after tepid subscription
Investors will be closely watching the listing which is likely on Friday after Paytm's dismal debut in November cast doubts on the big ticket IPOs and sparked concerns about overvaluation in the domestic equity market BENGALURU: India's largest private health insurer...
Munich Re to digitalise Tokio Marine’s NEW BUSINESS in Malaysia
“Before COVID-19, we conducted most of our business face to face. However, the onset of the pandemic made it necessary to shift into a different way of doing, and thinking about, business. Munich Re’s ALLFINANZ SPARK will help to utilize more digitally advanced...
Plastics in soil threaten food security, health, and environment: FAO
Of the estimated 6.3 billion tonnes of plastics produced before 2015, almost 80 per cent had never been properly disposed of Asia was estimated to be the largest user of plastics in agricultural production, accounting for almost half of global usage. Moreover, without...
COVID contributed to 69,000 malaria deaths WHO finds, though ‘doomsday scenario’ averted
According to the analysis, moderate disruptions in the delivery of malaria services contributed to 14 million malaria cases and 69,000 deaths Two thirds (or 47,000) of the additional malaria deaths, were due to disruptions in the provision of malaria prevention,...
Internet Governance Forum promotes inclusive digital future for all
COVID-19 saw Internet user ranks grow from 4.1 billion in 2019 to 4.9 billion two years later, data from the International Telecommunication Union (ITU), a UN agency, has revealed. The additional 782 million people who came online during this period, represents more...
Investor wealth surges over Rs 3.96 lakh cr as market rally continues
With reports that the new COVID variant Omicron is unlikely to be more severe than the Delta variant, an overall positive sentiment persisted in the global markets Mumbai: Investors saw their wealth rise by more than Rs 3.96 lakh crore on Wednesday as stocks continued...
RBI leaves rates unchanged,continues accommodative stance
Shaktikanta Das, governor, RBI The RBI's monetary policy committee held the lending rate, or the repo rate, at 4%. The reverse repo rate, or the key borrowing rate, was also maintained at 3.35% RBI governor Das said that the Indian economy is relatively...
Countries with regulations against industrially produced trans fats tripled over the past year
UN: Forty countries now have best-practice trans fat elimination policies in effect, protecting 1.4 billion people from this deadly food compound, according to a report released on Tuesday by the World Health Organization (WHO). Around 940 million people living in...
India among most unequal nations; top 1 pc of population holds 22 pc of national income: Report
According to the report, average household wealth in India stands at Rs 983,010 New Delhi: India stands out as a poor and very unequal country, with the top 1 per cent of the population holding more than one-fifth of the total national income in 2021 and the bottom...
Australia releases of draft Reinsurance Pool Bill
Insurers will now need to investigate and test how the model will operate to drive down premiums and improve availability for cyclone and cyclone-related flood and we look forward to further engagement with Government over the next two weeks of consultation on the...
New data shows GSK-Vir drug works against all Omicron mutations
The data, yet to be published in a peer-reviewed medical journal, shows that the companies' treatment, sotrovimab, is effective against all 37 identified mutations to date in the spike protein, GSK said in a statement London: British drugmaker GSK said on Tuesday its...
Panel orders immediate closure of NCR industries not using cleaner fuels
"Despite the measures taken in different sectors towards improvement of air quality in Delhi-NCR, the air quality still remains in the 'very poor' to 'severe' category," the Commission for Air Quality Management said. NEW DELHI:In a stern action against industries,...
Property Cat Reinsurance Rates to Rise Double-Digit at 2022 Renewals:Fitch
``We expect 2022 to be the fifth successive year of price rises, although we expect growth to be slower than in 2021 as non-loss-affected lines of business are likely to show a broadly stable price development,''said the rating agency.. Attractive rates and healthy...