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Jan 16 will be celebrated as “National Start-up Day”:PM Modi
Modi said that India is continuously strengthening its image as the world's largest millennial market lnvestments into the startups have increased from USD 11 billion to USD 36 billion 46 startups along with 1 incubator and 1 accelerator with the National Startup...
First Indian study provides evidence of Omicron’s community transmission
The study states that around 60.9 per cent of COVID-19 infected people showed a community spread It stated that most of the Omicron cases were asymptomatic and did not require any hospitalizations Most of the Omicron variant infected patients of COVID-19 during the...
Deadly Delta wave stole 2.4 lakh lives in India, ‘similar episodes’ could take place in near term: UN report
“In India, a deadly wave of infection with the Delta variant stole 240,000 lives between April and June and disrupted economic recovery. Similar episodes could take place in the near term,” said the report The report noted that South Asia faces major downside risks...
Facebook faces $3.2 bn lawsuit in UK over exploiting market dominance
The lawsuit, which will be heard by London's Competition Appeal Tribubal, alleges Facebook made billions of pounds by imposing unfair terms and conditions that demanded consumers surrender valuable personal data to access the network Social media giant Facebook, now...
Scientists: Duck is 1st wild bird flu case in US in 5 years
The flu poses a low risk to people but can spread quickly through chicken houses and other poultry businesses The US Department of Agriculture alerted global health officials. Scattered Eurasian H5 infections have been detected in 2022 from Portugal to Bulgaria and in...
India reports over 2.68 lakh fresh COVID-19 cases, 402 fatalities in last 24 hours
Active cases account for 3.85 per cent of the total cases. Of the total infections reported till date, 6,041 cases of Omicron variant of COVID-19 have been detected so far which is an increase of 5.01 per cent since yesterday. India recorded 2,68,833 fresh COVID-19...
CDC encourages more Americans to consider N95 masks
The latest CDC guidance notes that there is a special category of “surgical N95'' masks, that are specially designed for protection against blood splashes and other operating room hazards. Those are not generally available for sale to the public, and should continue...
Emissions set to rise with global power demand – IEA
South East Asia is expected to see the strongest electricity demand, growing by an average 5% between 2022 and 2024, followed by the Asia Pacific region, which includes China, at around 4% over that period, slightly below pre-pandemic levels. Demand in North America...
Collision between India-bound planes averted in Dubai, DGCA asks UAE to share probe report
EK-524 Dubai to Hyderabad was scheduled for take-off at 9:45 PM and EK-568 Dubai to Bengaluru Emirates flight was also scheduled to take off for its destination. Unfortunately, the two aircraft that were scheduled for take-off came on one runway Hundreds of lives were...
Aurizon and Anglo American look to hydrogen-powered trains in Australia
As part of its commitment to carbon neutral mines by 2040, Anglo American has taken a global lead in the development of green hydrogen solutions for its ultra-class 290 tonne payload mine haul trucking fleet. As part of its commitment to carbon neutral mines by 2040,...
Nokia and Schweizer Electronics deploy first ever AI-based video analytics to improve railroad crossing safety
Karsten Oberle, Head of Rail at Nokia, said: “As the first deployment of its kind in Europe, this project with Schweizer Electronics and BLT enabled us to address many of the level crossing safety issues which are at the top of priority lists for rail operators. It is...
For BP, car chargers to overtake pumps in profitability race
"If I think about a tank of fuel versus a fast charge, we are nearing a place where the business fundamentals on the fast charge are better than they are on the fuel," BP's head of customers and products Emma Delaney told Reuters BP says its fast electric vehicle...
Minimum 6 airbags to be made mandatory in vehicles that can carry up to 8 passengers: Gadkari
According to Gadkari, this will ultimately ensure the safety of passengers across all segments, irrespective of the cost/variant of the vehicle The latest government data show, there were total 1,16,496 road accidents occurred on national highways (NHs), including...
SCOR and Swedish pension fund Alecta enter a strategic partnership through the Atlas Gotland sidecar
With this investment, Alecta will benefit from the performance of SCOR Global P&C’s diversified portfolio of property catastrophe reinsurance through a multi-year agreement Paris: SCOR announces that it has secured a USD 200 Million investment by the Swedish...
Lloyd’s and London market insurers tap DXC Technology to transform the world’s largest insurance marketplace
John Neal, CEO of Lloyd’s said: “With the respective commitments of DXC, Lloyd’s and the entire London market, we have the capabilities to transition to a single platform solution that will provide automated processing and accounting for the market, a substantial...
New life reinsurer “Martello Re” launched, funded by MassMutual, Centerbridge Partners and Brown Brothers Harriman
The company will initially focus on providing MassMutual and its subsidiaries with reinsurance capacity on current product offerings, after which it will offer its services selectively to other top insurers in the life and annuity space HAMILTON, Bermuda and...
‘Significant discipline’ at Jan. 1 reinsurance renewals may set tone for ’22:S&P
Retrocession capacity is becoming scarcer and more expensive, particularly at lower coverage layers and where it is offering protection against loss frequency. This is because capital markets investors who finance a large part of the market have grown weary of...
Passenger vehicle sales in India dip 13 pc in December: SIAM
As per the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler sales also fell 11 per cent to 10,06,062 units, compared to 11,27,917 vehicles in December 2020 New Delhi: Passenger vehicle wholesales in India declined 13 per cent to...