Welcome to My Blog
Here is a masonry blog layout with no sidebarFrance’s biggest insurer dumps German power giant over coal
“By turning away one of Europe’s biggest utilities because they are too dependent on coal, AXA has set an important precedent for itself and other insurers,” said Peter Bosshard, finance program director at environmental nonprofit the Sunrise Project, adding that RWE must be an account worth millions of dollars a year in insurance.
Govt developing dedicated portal for facilitation of domestic investors
“In order to further strengthen efforts to promote domestic investments, the Department for Promotion of Industry and Internal Trade (DPIIT) is in the process of finalising a dedicated digital portal – Atmanirbhar Niveshak Mitra – for hand holding, information dissemination, and facilitation of domestic investors,” it said.
The special features of the portal will be daily updates on policies and new initiatives by central and state governments; information about approvals, licences, clearances and different schemes and incentives; information on manufacturing clusters and land availability; and applicable taxation system.
Harsh Vardhan inaugurates ‘green crematoria’ to mitigate air pollution
”Air Pollution has become a grave problem in India with more than 120+ cities falling under non-attainment category as per the National Green Tribunal. In the recently announced General Budget 2021, a lot of emphasis has been given to allocate resource to mitigate the growing ambient air pollution related problem in India,” Union Health Minister Harsh Vardhan said.
‘Peak twins?’: Scientists say IVF means more being born now than ever before
Irdai slaps Rs 1 cr penalty on Chola MS General for undue payments to MSIPs
Irdai said the insurer violated guidelines with regard to payment, directly or indirectly, to MISP or any of its associate company.
The insurer made indirect payments to MISPs, automotive dealers and designated persons on the name of “advertisement” and “professional charges”, read the order.
“It is found that the engagement with and payments for ‘display of advertisement material’ made by the insurer to TVS, A M Motors, Indus, ERAM and Nippon during the period from November 2, 2017, to December 31, 2019, are in contravention of MISPs guidelines.
India reports 22,854 new coronavirus cases, 126 deaths in last 24 hrs
Maharashtra, Kerala, Punjab, Karnataka, Gujarat and Tamil Nadu continue to report a high number of fresh COVID-19 cases and together account for 85.91 per cent of the new cases of the coronavirus infection reported in the country in a span of 24 hours, the Union health ministry said on Thursday.Meanwhile, the nationwide COVID-19 vaccination has reported 2,52,89,693 crore coverage, as per the information shared by the union health ministry yesterday.
Passenger vehicle sales in India up 18% in February, shows SIAM data
India’s drug regulator panel eases use condition for home-grown vaccine
BENGALURU: An expert panel of India’s drug regulator has recommended relaxing norms for the use of a government-backed coronavirus vaccine after it was found to be highly effective in a late-stage trial, the regulator said on its website on Thursday....
Under Ayushman Bharat, 3 crore women screened for Cancer
“In the past two years, under the Ayushman Bharat Yojana alone, three crore women from poor and rural families got themselves screened for cervical and breast cancer. It means the woman who would have never spoken about the diseases now have support from the government and she utilised the policy and under that she got herself screened, which means she is prepared for a medical challenge and she has prepared herself for solutions,” the union minister said.
Only private doctors on Covid-19 duty covered by government insurance: Bombay High Court
Govt approves creation of PM Swasthya Suraksha Nidhi as single non-lapsable reserve fund for health
Pradhan Mantri Swasthya Suraksha Nidhi (PMSSN) is a non-lapsable reserve fund for health in the public account and proceeds of share of health in the health and education cess will be credited into PMSSN, the statement said.
The accruals into the PMSSN will be utilised for the flagship schemes of the health ministry such as Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), Ayushman Bharat – Health and Wellness Centres (AB-HWCs), National Health Mission, Pradhan Mantri Swasthya Suraksha Yojana (PMSSY), Emergency and disaster preparedness and responses during health emergencies and any future programme/scheme that targets to achieve progress towards SDGs and the targets set out in the National Health Policy (NHP) 2017.
Not right time for ‘vaccine passports’: WHO
Addressing a press conference this week, WHO emergencies chief Michael Ryan said that “at the present time the use of certification of vaccination as a requirement for travel is not advised because quite simply vaccination is just not available enough around the world and is not available certainly on an equitable basis.”
Warren Buffett becomes sixth member of $100 billion club
Surpassing $100 billion is all the more notable considering how much the Omaha billionaire has given away. A co-founder of the Giving Pledge, a campaign to encourage billionaire philanthropy, Buffett has donated more than $37 billion in Berkshire stock since 2006. Without those gifts, which have cut his holdings of Berkshire Class A shares nearly in half, he’d be worth more than $192 billion.
HSBC toughens stance on fossil fuel funding after shareholder heat
Europe’s sustainable assets surge in 2020, more to come – EFAMA
The surge in ESG assets has been driven by stimulus-driven market recovery and investors increasingly looking for resilient investments, as well as a push from governments to encourage environmentally-friendly investments.
The first part of the European Union’s Sustainable Finance Disclosure Regulation (SFDR) was rolled out on Wednesday, aiming to make the ESG market more standardised and transparent. read more
Most economies won’t return to pre-Covid activity levels by 2022: Moody’s
Policy actions will continue to support economic activity and financial markets after the pandemic has eased, it added. Policymakers will continue to support economic activity long after the pandemic has faded, in some cases for years, Moody’s said.
Moody’s expects the incidence and prevalence of the pandemic to gradually decline over the course of this year, as vaccination numbers rise. In turn, this will allow governments to gradually ease lockdown measures.
US selects compensation experts to oversee Boeing 737 MAX victim fund
Greensill, Gupta and the fragile tower of money and metal
The crisis began at Bond & Credit Company, the Sydney unit of insurance giant Tokio Marine Holdings Inc. last summer. It decided not to extend policies covering the loans Greensill made, and has fired a manager who had a key role in signing off on that business. Compounding Greensill’s problems, around the same time, the German regulator BaFin started a probe into his fast-growing bank in Bremen.
BaFin was concerned that too many of the assets of Greensill Bank were tied to the same source: Gupta. The investigation found irregularities, including that the bank had booked claims for transactions by Gupta that hadn’t yet occurred but which were accounted for as if they had. During this slow buildup of pressure, in late 2020 Softbank wrote down its investment in Greensill, though this only came to light in recent weeks.