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Allianz Partners expands its Digital Health Assistant to ten markets in Asia-Pacific

by | Sep 16, 2021 | , , ,

“We are very excited to bring Digital Health Assistant to our customers and partners in the Asia-Pacific region. Allianz Partners’ focus on accelerating its Digital Access to Care initiatives comes at a time of increasing demand for telehealth solutions and comprehensive digital health services particularly in the context of the ongoing Pandemic. We’ve reached a new milestone in bringing peace of mind and reassurance to our customers with this all-in-one platform. Allianz Partners will continue to invest in bringing market leading health and mental wellbeing solutions to support our customers and communities,” comments Vinay Surana, CEO Asia Pacific, Allianz Partners.

Govt guarantee of Rs 30,600 cr to NARCL for acquiring stressed assets: FM

by | Sep 16, 2021 | , , ,

”It will incentivise quicker action on resolving stressed assets thereby helping in better value realization. India Debt Resolution Company Limited (IDRCL) will engage market expertise for value enhancement. This approach will also permit freeing up of personnel in banks to focus on increasing business and credit growth,” Finance Minister Nirmala Sitharaman said.

As the holders of these stressed assets and SRs, banks will receive the gains and the guarantee will also enhance liquidity of SRs as such these instruments are tradable, she added.

Fake vaccination certificates for India available on Telegram for $75 each: Check Point

by | Sep 16, 2021 | ,

As a result of the COVID-19 pandemic, in India, various state governments have mandated certain regulations for those undertaking inter-state travel by road or air to mitigate the further spread of the virus.

Travellers are required to have a negative COVID-19 test result (RT-PCR report) or a vaccination certificate to visit some states that see large influx of tourists.

EU launches health crisis body to prepare for future pandemic

by | Sep 16, 2021 | , , , , , ,

The new health emergency preparedness and response authority (HERA) will assess potential health threats, promote research, ensure the availability of critical production and help build stockpiles.

If a new health crisis struck, it would activate emergency funding and help coordinate monitoring, procurement and purchase of medical equipment or treatments.

The authority is partly designed to avoid a repeat of the ad hoc measures taken by individual EU countries at the start of the COVID-19 pandemic, some of them inefficient, others coming at the expense of other EU members.

Unvaccinated children suffering Covid-19 impact, Americas health agency warn

by | Sep 16, 2021 | , , ,

So far, the only vaccine approved by the WHO for adolescents is the Pfizer Inc shot, while Moderna Inc has asked for emergency use approval of its vaccine for 12-15-year-olds, according to PAHO Assistant Director Jarbas Barbosa.

He said China’s Sinovac Biotech and Sinopharm have also requested WHO approval or the use of their vaccines for adolescents and children from 3 to 17 years old.

LIC may be valued around $109-bn for its mega IPO

by | Sep 15, 2021 | ,

The government is considering selling a 5%-10% stake in the company, which could raise between Rs 40,000 crore and Rs 1 trillion, according to people with knowledge of the matter, who asked not to be identified as the matter is private.

The potential valuation is based on preliminary talks and may change after further discussions, due diligence and an official valuation report, the people said. A spokesperson for the finance ministry declined to comment.

Cabinet clears auto PLI scheme for EVs, hydrogen fuel cell vehicles

by | Sep 15, 2021 | , , ,

This PLI scheme for automotive sector along with the already launched PLI scheme for Advanced Chemistry Cell (Rs 18,100 crore) and Faster Adaption of Manufacturing of Electric Vehicles (Rs 10,000 crore) will enable India to leapfrog from traditional fossil fuel-based automobile transportation system to environmentally cleaner, sustainable, advanced and more efficient Electric Vehicles (EV) based system.

India top source of social media misinformation on COVID-19: Study

by | Sep 15, 2021 | , , , ,

The study, “Prevalence and Source Analysis of COVID-19 Misinformation in 138 Countries”, was published in Sage’s International Federation of Library Associations and Institutions journal.
“Social media (84.94 per cent) produces the largest amount of misinformation, and the internet (90.5 per cent) as a whole is responsible for most of the COVID-19 misinformation. Moreover, Facebook alone produces 66.87 per cent of the misinformation among all social media platforms,” it stated.

Earlier, the World Health Organisation had also warned that false information on COVID-19 is spreading and putting people in danger.

Yellen, Harris to push childcare investments as boost for overall economy

by | Sep 15, 2021 | , , ,

Congress is considering a $3.5 trillion package of measures that would include free preschool for all 3- and 4-year olds; boost pay for childcare workers, 95% of whom are women; cut the costs of such care in half for most families; and make permanent a child and dependent care tax credit.
“A well-funded child care sector will help parents remain in the labor force, work the number of hours and schedule that are best for their career and family, earn a living and join in our shared economic prosperity,” it said.