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HC seeks Delhi govt’s reply on plea concerning mental health of students in schools, colleges

Relying on the National Mental Health Survey of India 2015-16, Devina Singh, who has filed a PIL IN Delhi High Court, has contended that children and adolescents are vulnerable to mental disorders and the healthcare system does not prioritize mental health.

Singh has claimed that stress, fear, depression, insomnia, disconnectedness, and lack of self-confidence, are the issues widely prevalent among students but left unattended.

Johnson and Johnson still in discussion with Centre over indemnity issue: Sources

As per the sources, Johnson and Johnson is not going to participate in the trials for the single-dose vaccine in India. They are also having discussions over indemnity with the government.In June, a spokesperson of the company told ANI that as per the recent announcement by the Drugs Controller General of India (DCGI), there is no longer a requirement to conduct bridging clinical studies of COVID-19 vaccines in India.

Insurers settle 17.94 lakh COVID-related health insurance claims for Rs 21,837 crore in 15 months: Govt

replying to a question on cryptocurrency trading, Minister of State for Finance Pankaj Chaudhary said currently, all entities regulated by RBI have been advised to carry out customer due diligence process in line with regulations governing standards for KYC, Anti Money Laundering, Combating of Financing of Terrorism (CFT) and obligations of regulated entities under PMLA.

Lok Sabha passes bill to amend general insurance law without debate

As per the statement of objects and reasons of The General Insurance Business (Nationalisation) Amendment Bill, 2021, it seeks to remove the requirement that the central government should hold not less than 51 percent of the equity capital in a specified insurer.
It aimed at generating required resources from the Indian markets so that public sector general insurers can design innovative products.

Coronavirus likely to lock India’s women out of job market for years

A report by the Centre for Sustainable Employment at Azim Premji University found that 47% of women workers who lost their job between March and December – before the second wave of the virus hit in April – were made permanently redundant. That compared with around 7% of male workers, many of whom were able to either return to their old jobs or take up independent work like selling vegetables.

Shipping losses stay at historic lows, but Asia remains largest global loss hotspot:Allianz

“Overall, the frequency of marine claims has not reduced. We are also seeing an increased cost of hull and machinery claims due to delays in the manufacture and delivery of spare parts, as well as a squeeze on available shipyard space,” says Justus Heinrich, Global Product Leader, Marine Hull, at AGCS.

“Overall, the frequency of marine claims has not reduced. We are also seeing an increased cost of hull and machinery claims due to delays in the manufacture and delivery of spare parts, as well as a squeeze on available shipyard space,” says Justus Heinrich, Global Product Leader, Marine Hull, at AGCS.

The world’s piracy hotspot, the Gulf of Guinea, accounted for over 95% of crew numbers kidnapped worldwide in 2020. Last year, 130 crew were kidnapped in 22 incidents in the region – the highest number ever – and the problem has continued. Vessels are being targeted further away from the shore – over 200 nautical miles (nm) in some cases.

Equity investors richer by Rs 31 trn this fiscal as bull run continues

V K Vijayakumar, chief investment strategist at Geojit Financial Services said, “First, it is important to appreciate the fact that this is a global bull market. Except a few markets like Egypt and Iran, all other markets are experiencing a bull run.

“The major factors powering this rally are: huge liquidity that has been created by the leading central banks of the world, particularly the US Fed, the historically low interest rates and unprecedented retail investor participation. Of this, the huge global liquidity factor is very important.”

Long Covid may qualify as disability under federal law: Biden

“We’re bringing agencies together to make sure Americans with long Covid who have a disability have access to the rights and resources that are due under the disability law, which includes accommodations and services in the workplace and school, and our health care system so they can live their lives in dignity,” Biden said.

Estimated loss worth Rs 632 crores occurred due to rain, cloudburst, landslide in Himachal

While speaking to ANI, State Disaster Management Authority Director Sudesh Kumar Mokhta said, “So far, 211 people and 438 animals have died in incidents related to rain, cloudburst, and landslide in Himachal Pradesh during this monsoon season.”

“109 houses are fully damaged. Estimated loss worth Rs 632 crores has occurred”, said SDMA Director SK Mokhta. This development comes hours after various incidents of floods, landslides following heavy rainfall were reported in the State.

Delhi: Water level in Yamuna rises again; over 100 families moved to safer areas

On Friday, the Delhi administration had sounded a flood alert and expedited efforts to evacuate people from vulnerable areas, as the river in the capital breached the danger mark of 205.33 meters amid heavy rains in the upper catchment areas. The water level was recorded at 205.30 meters at the Old Railway Bridge at 9 am.

Mastercard and American India Foundation (AIF) launch first portable hospital in Jalna

Prof. K. VijayRaghavan, Principal Scientific Adviser, Government of India, said, “Rapidly developing and implementing surge-capacity in our health-care system is an important ongoing effort all over the country. Government efforts are supplemented by partnership with industry and NGOs with an aim to refurbish existing hospital infrastructure to improve critical care. These include facilitating state governments’ systems in a manner uniquely required of them. The initiative by Mastercard and AIF is one such where a few hospitals are being launched and/or commence their functions this month. Keeping up the momentum, learning from these experiences, will be important to accomplish the goals of all such partnerships.”

Leading auto makers post double-digit sales growth in July

Similarly, Honda, Nissan, MG Motor, and Skoda also reported healthy growth in their sales last month leveraging on improved market mood amid prevailing lower coronavirus infection rate, despite supply constraints of semi-conductors.

The country’s largest carmaker Maruti Suzuki India’s (MSI) domestic sales increased by 39 percent to 1,41,238 units last month as against 1,01,307 units in July 2020, the company said in a statement.

FPIs pull out net Rs 6,105 cr from Indian capital mkts so far this fiscal

FPI pulled out net investments worth Rs 11,308 crore from Indian equities in July.the outflow comes after net FPI investment in June stood at Rs 17,215 crore.

”What is encouraging during the first four months is the fact that the number of new investor registrations in India is up 2.5 times year on year as per data released by the NSE,” said S Ranganathan, head of research at LKP Securities.

GOQii plans $ 75-100 mn fundraising; sees sustained interest around preventive healthcare

GOQii is into wearable-based smart-tech-enabled fitness and healthcare, and its platform brings together preventive healthcare ecosystem. The smart health ecosystem integrates tools for personalised coaching, a high-growth health e-commerce store, scheduling health check-ups, a health locker, and the ‘GOQii Cash’ programme where healthy behaviour is rewarded with cash discounts and insurance discounts based on health management data.
GOQii Smart Healthcare’s marquee list of investors include Mitsui, NEA, Megadelta, DSG Consumer Partners, Galaxy Digital, Denlow Investment Trust, Edelweiss, Cheetah Mobile, GWC, and corporate leaders like Ratan Tata, and Vijay Shekhar Sharma.

Businesses can now self-certify GST annual returns, instead of mandatory audit by CA

Under the Goods and Services Tax (GST), filing of annual return — GSTR-9/9A — for 2020-21 is mandatory for all registered businesses, barring those with an aggregate annual turnover of up to Rs 2 crore.

”This will give compliance level relief to thousands of taxpayers, however, would parallelly increase the risk of intentional and unintentional misstatements in the annual filings aggravating the departmental scrutiny,” said AMRG & Associates Senior Partner Rajat Mohan.

China, India miss UN deadline to submit plans for cutting emissions

The world’s two most populous countries are among dozens that failed to provide an update on their targets for curbing the release of planet-warming gases to the UN climate change agency by July 31, they said on Saturday.

China is the country with the world’s highest emissions, while India is third. The United States (US), which submitted its new target in April, is the second-biggest global emitter.