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Here is a masonry blog layout with no sidebarIndia reports 35,662 new COVID cases in last 24 hrs, over 55.07 Cr samples tested so far
EXPLAINER: Why World Bank is under fire over set of rankings
The report is important to many companies and investors around the world: They use the World Bank’s “Doing Business” report to help decide where to invest money, open manufacturing plants or sell products.
Eager to attract investment, countries around the world, especially developing economies, have sought to improve their rankings in the World Bank’s report.Sometimes, nations would pursue substantive policy changes — by, for example, making it easier for businesses to pay taxes, obtain loans or enforce contracts.
Tech giant Xiaomi patents earthquake monitoring mobile tech
The patent describes a system that is capable of reading/monitoring seismic activity from a mobile equipment. This technology would be used in detecting earthquakes, reports GizmoChina.
The ‘mobile device’ would transfer key data obtained to send it to an earthquake processing center.
The system would also permit the underlying processor to identify and predict earthquake events based on multiple readings, the report added.
India antitrust probe finds Google abused Android dominance, report shows
Alphabet Inc’s Google reduced “the ability and incentive of device manufacturers to develop and sell devices operating on alternative versions of Android,” says the June report by the Competition Commission of India’s (CCI) investigations unit.
The U.S. tech giant told Reuters in a statement it looks forward to working with the CCI to “demonstrate how Android has led to more competition and innovation, not less.”
U’khand High Court seeks replies from Centre, state govt on virtual post-mortem
Biden asks world leaders to cut methane in climate fight
Biden made the remarks during a virtual meeting of the Major Economies Forum (MEF), a follow-up to an Earth Day meeting he hosted in April to unveil new U.S. greenhouse gas emissions reduction targets and press other countries to do more to curb theirs.
The United Kingdom heeded the call, with Prime Minister Boris Johnson pledging to be among the first signatories of the Global Methane Pledge to reduce emissions of the harmful gas.
Argentina, Indonesia, Italy and Mexico also joined the alliance, while Ghana and Iraq signaled interest in joining, according to a White House summary of the meeting, which noted those countries represent six of the top 15 methane emitters globally.
Indianisation of our country’s legal system is need of the hour, says CJI Ramana
“For parties to understand the implication of the judgment they are forced to spend more money. Courts need to be litigant-centric as they are the ultimate beneficiaries. The simplification of justice delivery should be our pressing concern. It is crucial to make justice delivery more transparent, accessible and effective,” he said.
AM Best upgrades GIC Re’s credit rating outlook to stable, co’s balance sheet strength remains strong
GIC Re,with a global premium of $6,481 billion in 2020. is the 10th largest non-life reinsurer in the world and third largest reinsurer in Asia after China Re and Korea Re. The business profile assessment of favourable reflects GIC Re’s position as a leading reinsurer in India, with an approximate 75% market share based on ceded domestic written premium. The company continues to have close relationships with direct insurers in India, and local regulations provide GIC Re with a competitive advantage in obtaining domestic reinsurance placements.
In addition, the company maintains a geographically diversified underwriting portfolio, with over 35% of business sourced outside of India in fiscal year 2021.
PFRDA pension subscriber base rises 24% to 4.53 crore till August
The PFRDA administers two pension schemes — National Pension System (NPS) and Atal Pension Yojana (APY).
“The number of subscribers in various schemes under the National Pension System (NPS) rose to 453.41 lakh by end-August 2021 from 365.47 lakh in August 2020 showing a year-on-year increase of 24.06 per cent,” the PFRDA said in a release.
87% of Indian cos victims of security breach last year: Report
“While organisations are adapting to the hybrid approach thinking about both working from anywhere and application hosting, they continue to experience a high level of network breaches and facing ongoing connectivity and security challenges,” Murali Urs, Country Manager, Barracuda Networks India, said in a statement.
Govt prioritising vaccinating eligible people in UP, Punjab: Report
The cumulative COVID-19 vaccine doses administered in the country crossed 78 crore on Friday. The government said 20 per cent of India’s adult population have received both doses of COVID-19 vaccine and 62 per cent have got at least one dose.
Of all the vaccines used, around 87.8 per cent are Covishield manufactured by Serum Institute, around 12.11 per cent are Bharat Biotech’s Covaxin and less than one per cent Sputnik V.
Adherence to COVID-19-appropriate behaviour during festive season key to prevent 3rd wave: Experts
”Currently, there is a declining trend of COVID-19 cases and we are in a pretty good situation. However, the coming few weeks with the festive season ongoing and with that associated changes of decrease in Covid-appropriate behavior, large gatherings, and super-spreading events can be a deciding factor for the third wave,” AIIMS Director Randeep Guleria said.
He said the next two-three months are crucial in terms of preventive strategies for the country to continue to be in a good position.
LIC unveils app for its development officers
Recently LIC had launched the ANANDA Mobile App which is digital paperless solution which received overwhelming response from its agents.
LIC has been taking lot of customer centric and digital initiatives for ease of operations for its customers and field force
It has also come out with an artificial intelligence technology based app “Jeevan Saakshaya” which enables its annuitants and retired employees to submit life certificate from the comfort of their home instead of visiting LIC office for submitting Life certificate.
IFSCA in process of setting up International Arbitration Centre in GIFT IFSC
Bad for business: World Bank China rigging scandal rattles investors
Economists said such reports – by the World Bank and others – were useful but had long been vulnerable to manipulation. They said some governments, especially in emerging market countries who want to demonstrate progress and attract investment, could become obsessed with their position in the reports, which assess everything from ease of paying taxes to legal rights.
World needs to spend another $100 trln on UN fight against global woes – report
The U.N.’s Sustainable Development Goals set targets on everything from the environment to health and equality and have the support of all member states, yet the supply of finance from governments, investors, banks and companies to help meet them has consistently fallen short.Adding the costs of financing the global transition to a low-carbon economy to limit global warming, and total funding out to 2050 comes in at $200-$220 trillion, the report added. The SDGs are a global “to-do” list addressing such issues as war, hunger, land degradation, gender equality and climate.
Union Health Minister chairs World Patient Day celebrations
Pointing this year’s theme for World Patient Safety Day as “Safety in Maternal and New-born care”, the Union Minister released the Operational Guidelines for Quality Assurance in Public Health Facilities 2021, Quality Darpan which is a six-monthly update on key achievements and learnings under the National Quality Assurance Standards initiative.