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Here is a masonry blog layout with no sidebar2021 fifth warmest year in India since 1901: IMD
The India Meteorological Department (IMD) said thunderstorms and lightning reportedly claimed 787 lives in India in 2021, while 759 people died in heavy rainfall and flood-related incidents New Delhi: The year 2021 was the fifth warmest year in India since 1901, with...
Budget session of Parliament to begin on Jan 31
The Union Budget for 2022-23 will be laid in the Rajya Sabha after its presentation in Lok Sabha on Tuesday, February 1 at 11.00 am New Delhi: Budget session of Parliament is set to commence on January 31 and will conclude on April 8. The first half of the budget...
Indian markets gains likely to be muted in 2022; 9% upside for Nifty by Dec: Report
The market rally that began from June 2020 and lasted till October 2021 will not hold this year and the return will be in high single-digit of say up to 9 per cent, Amish Shah, a research analyst at the brokerage, said and expects Nifty at 9,100 by December He also...
Rise in households’ inflation expectations impacts their savings in bank term deposits: RBI paper
Especially in the case of a developing economy, it is desirable for households to save in financial instruments like debt or equity, which can be utilised further into production enhancing activities, the paper said. However, considering the still nascent stage of...
Canada opens probe into Tesla’s heating system on consumer complaints
A number of Tesla owners complained that the heat pumps are failing in extreme cold temperatures, according to Drive Tesla Canada, a Tesla news provider. The report said the heating problems happened even after Tesla early last year replaced faulty sensors in heat...
After six-week surge, Africa’s Omicron-driven fourth pandemic wave flattens: WHO
WHO Director-General Tedros Adhanom Ghebreyesus voiced concern that even though more than 9.4 billion vaccine doses have now been administered globally, 90 countries did not reach the target of vaccinating 40 per cent of their populations by the end of last year, and...
WHO recommends two new drugs to treat patients with COVID-19
According to the WHO Guideline Development Group, it is “strongly recommended” for patients with severe or critical disease in combination with corticosteroids. The group of international experts based their recommendation on “moderate certainty evidence” that it...
Equity-oriented funds drive MF assets to record high in 2021 at Rs 37.7 lakh cr : Report
2021 saw investors put a larger amount of their money in equity-oriented funds, drawn by the strong gains in the underlying equity markets. While equity funds got net inflows of Rs 91,000 crore, passive funds saw Rs 1.14 lakh crore coming in and hybrid funds Rs 1.02...
Money smarts arouse passion in millennials
According to a new survey from buy-now, pay-later company Affirm, millennials see the ability to manage finances as the No. 1 attractive trait in a partner The whipsawing economics of recent years have made millennials keenly aware of financial stability, even more so...
FOCUS-Life insurers adapt pandemic risk models after claims jump
Claims rose most in the United States, India, and South Africa due to the more lethal variants and a rise in fatalities or illnesses among younger and unvaccinated groups The global life insurance industry was hit with reported claims due to COVID-19 of $5.5 billion...
LIC’s mega IPO to hit markets by March
Officials are working on the valuation of the company which manages more than $450 billion of assets, and once that is done they will issue a draft IPO prospectus for investors, a government and two banking sources with direct knowledge of the matter said. New Delhi:...
U.S. business fears never ending liability from ‘take-home’ COVID-19 lawsuits
The Dec. 21 ruling allowed a wrongful death lawsuit to proceed against See's Candies Inc, owned by Berkshire Hathaway, by the family of Arturo Ek of Los Angeles who died in April 2020 at 72 from COVID-19 As COVID-19 cases surge in the United States, businesses say...
Emerging economies learn to manage Covid-19
In India, where the immunization rate is about 45%, antibody surveys suggest that most of the population has already had Covid in the past, which experts believe could lessen the impact of the coming wave Developing nations brought to their knees by earlier waves of...
Renewable energy growth creating increased demand for transition plans:WTW
“The renewable energy industry is transforming at a speed which can be difficult to track. This can be seen in the record growth in solar PV and wind capacity additions - beating previous year’s record, as well as the increasing interest from insurers in offshore wind...
ANALYSIS-India’s new COVID-19 rules aim to free up resources but carry risks
"This new strategy will affect data from rural India or certain states in a disproportionate way," said Bhramar Mukherjee, an epidemiology professor at the University of Michigan. "It will be harder to predict upcoming hotspots and epicenters," she added, which would...
Universal health care bill advances in California Assembly
first step toward abolishing the private health insurance market in the nation’s most populous state and replacing it with a government-run plan that they promised would never deny anyone the care they need SACRAMENTO, Calif: California Democrats on Tuesday took their...
India reports over 2.47 lakh fresh COVID-19 cases, 27 pc higher than y’day
380 COVID-19 infected patients lost lives in India in the last 24 hours, taking the death toll to 4,85,035, the Union Health Ministry said. Of the 69.73 crore total tests conducted so far, a daily positivity rate of 13.11 per cent was reported in the country. Further,...
Maharashtra likely to see rise in COVID-19 hospitalisations by Jan-end or early Feb: Health dept
Maharashtra on Wednesday recorded 46,723 fresh coronavirus cases, a jump of 12,299 infections from a day ago, and 32 fresh fatalities. The new cases included 86 Omicron infections Mumbai:Maharashtra is expected to see a spike in hospitalisation of COVID-19 patients in...