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Here is a masonry blog layout with no sidebarNearly 7K applications okayed for Delhi govt’s Covid aid scheme, 6,000 cases get Rs 50K each
Pandemic pushes Chinese tech giants to roll out more courier robots
Researchers at the University of Michigan said fully and partially automated vehicles could cut delivery costs by 10−40% in cities. Alibaba’s last-mile logistics vehicle has delivered over a million orders as of September to more than 200,000 consumers, the company said. It operates over 200 robots and plans to have 1,000 by March and 10,000 over the next three years.
World Bank says Delta variant slowing economic growth in East Asia and Pacific
Economic activity began to slow in the second quarter of 2021, and growth forecasts have been downgraded for most countries in the region, according to the World Bank’s East Asia and Pacific Fall 2021 Economic Update.
While China’s economy is projected to expand by 8.5%, the rest of the region is forecast to grow at 2.5%, nearly 2 percentage points less than forecast in April 2021, the World Bank said.
China encourages mainland insurers to sell catastrophe bonds in Hong Kong
Mainland property and casualty insurance companies and reinsurance companies can set up special-purpose entities in Hong Kong to raise funds from bond sales, according to a statement of the China Banking and Insurance Regulatory Commission (CBIRC).
The arrangement can help diversify insurers’ losses from natural disasters such as earthquakes, floods and typhoons, it said.
LIC seeks to appoint CFO before its mega IPO planned in 2021/22
DCGI allows Serum to enrol 7-11 year olds in Covid vaccine trial
WHO’s emergency use authorisation for Covaxin further delayed: Report
Need to step up efforts to tackle climate change impact on agriculture, entire ecosystem: PM
Modi said, “Not only agriculture, climate change is a big challenge to the entire ecosystem. …Due to climate change, new types of pests, new diseases, epidemics are coming. Due to this, there is a big threat to the health of humans and livestock and crops are also being affected.?
Climate change impact is on fish production and animal health and output. As a result, farmers and fishermen have to bear the losses, he said
AIIMS-Bhubaneswar receives funding for ‘first’ brain bank of Eastern India
National Consumer Court asks NIA to pay Rs 1 lakh health claim linked to alcohol consumption
Clearly, nothing is mentioned in the policy relating to exclusion that treatment expenditure of any disease caused by use of alcohol or arising out of the use of alcohol will not be admissible, said the National Consumer Court..
New India Assurance had rejected the claims saying that disease of of the patient (claimant) was due to the alcohol consumption that IS not covered in the company’s policy.
Data privacy should not be compromised in using fintech: FM
”Data privacy is one of the things which is very important and it is an issue on which there can be a lot of contentious views. However, basic respect for privacy…as the guiding principle is well appreciated.Safeguard of client data, is something which I think is the backbone to bringing trust. Unless my data is safeguarded well I wouldn’t want to get into a scheme of things. So that is the guiding principle,” Sitharaman said at the ‘Global FinTech Fest 2021’.
Fintech firms can check digital frauds: RBI Dy Guv Sankar
Centre extends nationwide COVID-19 containment measures till Oct 31
MS Amlin launches new agriculture reinsurance offering with strategic hire
The agriculture reinsurance offering will be available globally and coverage includes five core products: crop insurance, livestock insurance, aquacultural insurance, forestry and weather index products. The launch comes as part of MS AAG’s wider global diversification strategy, with Bektleuov leading the new offering.
Suspension of scheduled int’l passenger flights extended till Oct 31
“However, international scheduled flights may be allowed on selected routes by the competent authority on a case-to-case basis,” the Directorate General of Civil Aviation added.
Scheduled international passenger services have been suspended in India since March 23, 2020 due to the coronavirus pandemic.
Active COVID-19 cases in country lowest in 194 days
Govt to support 75 startup innovations for healthcare challenges
Biden’s $3.5 trillion climate change plan to eliminate fossil fuel emissions from U.S
Included in the massive legislation is a nationwide clean-electricity program that is intended to eliminate climate-damaging fossil fuel emissions from U.S. power plants by 2035 catching up to requirements already set in some states.
The proposal would spend billions to install 500,000 electric vehicle charging stations and upgrade the power grid to make it more resilient during hurricanes and other extreme weather events that are increasing and intensifying as a result of climate change.