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Here is a masonry blog layout with no sidebarSecond Covid wave could spark greater economic uncertainty: Niti Aayog VC
“Apart from their direct impact on some sectors like the services sector, the second wave will increase the uncertainty in the economic environment which can have wider indirect effects on economic activities. So, we need to prepare for greater uncertainty, both in consumer and investor sentiments,” Kumar told PTI.
Need of 3rd booster dose based more upon conjecture than data: Experts
Pfizer and Moderna recently announced that people who have received both doses of the Pfizer-BioNTech or Moderna coronavirus vaccines will probably need a booster shot this year and might need an annual shot thereafter.
Earlier this month, an expert panel of the Drugs Controller General of India (DCGI)had permitted Bharat Biotech to give a third dose of its COVID-19 vaccine Covaxin to a few volunteers in its clinical trials.
FPIs pull out Rs 4,615 cr from Indian markets in Apr so far
Fears of vaccine exclusion as India uses digital ID, facial recognition
But a requirement to register for appointments on a mobile app using Aadhaar is excluding millions of people who do not have an Aadhaar ID, said Anushka Jain, an associate counsel at the Internet Freedom Foundation in Delhi.
Using facial recognition at vaccine centres risks further marginalising vulnerable people who may be misidentified and refused the vaccine, and raises fears the controversial technology could become the norm at all centres, she added.
Young Covid survivors not safe from reinfection: Lancet
India daily increase of record 234,692 COVID-19 infections
Customer privacy, data protection non-negotiable: RBI deputy governor
“We must generate trust amongst the customers that their data is safe and secure in all their financial relationships with regulated entities and for that – innovation and regulation should go hand-in-hand,” he said while speaking at a webinar on Open Banking organised by Tata Consultancy Services (TCS) in association with the Embassy of India in Brazil on April 14. RBI posted the speech on Friday.
How the Kremlin provides a safe harbor for ransomware
On Thursday, as the U.S. slapped sanctions on Russia for malign activities including state-backed hacking, the Treasury Department said Russian intelligence has enabled ransomware attacks by cultivating and co-opting criminal hackers and giving them safe harbor. With ransomware damages now well into the tens of billions of dollars, former British intelligence cyber chief Marcus Willett recently deemed the scourge “arguably more strategically damaging than state cyber-spying.”
Finmin widens scope of ECLGS, includes healthcare sector
“In recognition of the continuing adverse impact of COVID-19 pandemic on certain service sectors, the government has now extended the scope of ECLGS through introduction of ECLGS 3.0 to cover business enterprises in Hospitality, Travel & Tourism, Leisure & Sporting sectors which had, as on February 29, 2020, total credit outstanding not exceeding Rs 500 crore and overdues, if any, were for 60 days or less, on that date,” the statement issued last month had said.
US lawmakers welcome India”s move to increase FDI in insurance sector to 74 %
Washington: Two influential US lawmakers have applauded the Indian government''s move to increase foreign direct investment in the insurance sector from the existing 49 per cent to 74 per cent, saying it will further deepen bilateral trade and...
Covid-19 pushes India’s middle class toward poverty
Now a second wave of Covid-19 has struck India, and the middle class dreams of tens of millions of people face even greater peril. Already, about 32 million people in India were driven into poverty by the pandemic last year, according to the Pew Research Center, accounting for a majority of the 54 million who slipped out of the middle class worldwide.
India has a double mutant Coronavirus variant. Should we be worried?
The new variant, which has a so-called double mutation, is thought to be fueling India’s deadlier new wave of infections that has made it the world’s second worst-hit country, surpassing Brazil, and has already begun to overwhelm its hospitals and crematoriums. The Asian nation has reported more than 14 million Covid cases so far and more than 174,300 fatalities.
Global Covid-19 caseload tops 139.6 mn, death toll surge past 2.99 million
City of London Brexit hit worse than expected, says study
Some 7,400 jobs have moved from Britain or been created at new hubs in the EU, the study said. Bankers have told Reuters that some staff moves have been delayed due to COVID-19 travel restrictions.
The total of 440 relocations is higher than anticipated and well above the 269 in New Financial’s 2019 survey. New Financial believes the real number is well over 500.
Climate scientists swap fieldwork for high-paid finance jobs
White House blames Russian spy agency SVR for SolarWinds hack: statement
While some national security experts say the SolarWinds hacking operation could be viewed as a traditional espionage activity that is not uncommon between government hackers, the Treasury Department in its statement said the “scope and scale of this compromise combined with Russia’s history of carrying out reckless and disruptive cyber operations makes it a national security concern.”
The British want to clean up outer space
John Auburn, Astroscale’s managing director and group chief commercial officer in the UK, says that not only could this make space safer, but it could also reinvigorate his country’s space sector. “What the UK industry is pushing now is a complete end-to-end debris removal mission,” he says. “This would be the ultimate post-Brexit space mission.”
ICICI Lombard’s net profit rises 23 % to Rs 346 crore in Q4 FY 21,combined ratio at 101.8 %
Among the business segments, motor, marine and health portfolio saw an underwriting loss in Q4 Fy 2020-21. The insurer had a munderwriting losses stood at Rs 207.97 crore, marine underwriting loss at Rs 10.18 crore, health (retail) underwriting loss was at Rs 8.77 crore and health (corporate) underwriting loss at Rs 23.4 crore.
It has paid claims of over Rs 100 crore on account of natural catastrophe in Fy 2020-21, mainly for Cyclone Amphan that had triggered a total insurable losses of over Rs 1500 crore.