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He urged the leading economic members of G20 to establish an emergency task force to bring together “the pharmaceutical companies and key industry and logistics actors”.
“To better understand this pandemic and prepare for the next one, all countries must make available all data from the earliest days of any outbreak. And going forward, all countries should participate in a transparent and robust process for preventing and responding to health emergencies, so the world learns as much as possible as soon as possible.”
Increase in public grievances from 2 lakh to 21 lakh shows people’s trust in govt: Jitendra Singh
It is further sought to develop and enhance the scale and agility of responsiveness of governance mechanisms by using new and emerging digital technologies, create less paper secretariats and provide a meaningful and transparent government to all people, he said.
On these lines, the Centralised Public Grievances Redress and Monitoring System (CPGRAMS) 7.0 version has been launched and implemented in 9 ministries and departments by mapping the last mile grievance officers, and reduction in time and improving quality of disposal, the statement said.
India’s domestic air passenger traffic down 40% to 7.7 million in Jan
The load factor of six major domestic airlines–IndiGo, SpiceJet, Air India, GoAir, Vistara and AirAsia India — stood between 70 per cent and 64.9 per cent in January, as per data.
“Passengers carried by domestic airlines during January 2021 were 7.73 million against 12.7 million during the corresponding period of previous year, thereby registering annual growth of -39.60 per cent,” it said.
Covid-19 Pandemic:Tracking an Unprecedented Year for Businesses
Nearly every business in the world has been affected by COVID-19—in different ways. While one-fourth of the companies saw sales falling 50 percent in the last quarter, a third of firms said their sales increased or stayed the same in the period.
To capture the impact of the pandemic on firms’ performance, the World Bank launched ongoing surveys with more than 120,000 firms in over 60 countries. The assessment is expected to help inform recovery efforts.
Developing countries have introduced multiple support programs, but businesses most affected by the shock—small firms and those in poorer countries—were the least likely to receive government support.
Crises are nothing new to small enterprises in developing countries.
India to multiply vaccinations amid coverage concerns
India will begin immunising the public from next month, starting with those over 50 or with medical conditions.
The country has covered 60% of its nearly 10 million healthcare workers since starting the drive on Jan. 16, though as many as 11 of its 36 states or federally controlled territories have not even reached the halfway mark.
Rising Risk of Cyber-attack on Industrial Sector:Lloyd’s Report
Cyber-attack risks have previously been considered unlikely to materially impact the physical market, with cyber perils traditionally emerging in the form of non-physical losses. However, the report looks at how physical risks have become a rapidly growing concern for industrial businesses as shown by recent high-profile breaches. As bridges are increasingly being built between information technology (IT) and operational technology (OT), along with increases in automation and sophistication of threat actors, it is paramount that (re)insurers carefully consider where major losses may occur.
“Significant improvement in climate-related disclosure of Insurers”
Bronwyn Claire, Senior Programme Manager for ClimateWise said,“We’ve seen significant progress being made by members in the incorporation of climate change considerations into investment and underwriting strategies demonstrating growing strategic commitment to corporate and societal resilience to climate change.”
No COVID-19 deaths in last 24 hours in 18 states, UTs: Health ministry
The ministry said no case of serious or severe AEFI (adverse event following immunisation) or death is attributable to vaccination till date. The administration of second dose of COVID-19 vaccination started on February 13 for the beneficiaries who had completed 28 days after receipt of the first dose. As on day 32 (February 16) of the vaccination drive , a total of 2,76,943 doses were given across 7,001 sessions.
Reining in high fiscal deficits key to India keeping investment grade rating – S&P
“We will be watching the balance between the economy and the fiscal settings in India very closely going forward because in our opinion higher growth rates over the next few years are going to be critical to contain, maintain and finance the government’s higher fiscal deficits and debt stock,” Andrew Wood, director Asia-Pacific Sovereign Ratings at S&P Global Ratings, said during a webinar.
ICICI Lombard partners with Flipkart to offer Hospicash insurance to consumers
Compared to the standard indemnity health insurance policies, Hospicash is a benefit offering that allows consumers to avail a fixed amount for each day of hospitalization. The fixed daily amount enables consumers to pay for incidental medical or emergency expenses. The insurance is affordably priced, paperless, and flexible, covering both accidental hospitalizations or planned surgeries/ treatment.
Plan to reduce 50% of road related deaths by 2025, says Gadkari
He said the Ministry has already rectified 2,500 of the identified 6,000 black spots
“We are in the process (to rectify the remaining).already the World Bank and ADB Bank have sanctioned a loan of Rs 14,000 crore and we are making improvements on the roads, particularly in removing the black spots”, he said.
India, UK reiterate commitment to climate action ahead of COP26 summit
Earlier, Union Minister of Environment, Forest and Climate Change, Prakash Javadekar also met Alok Sharma and discussed important issues, for negotiations to be held in Glasgow later this year.
“I showcased him and told about various initiatives taken by India on renewables, disaster-resilient infrastructure, adaptation, electrical buses, on metro expansion, our reduction of emission intensity and increasing tree cover. It was a very fruitful meeting,” said Javadekar.
India’s COVID-19 ‘human barricade’ to keep cases under control, say experts
“India suffered through a lot and because it suffered through a lot, it’s reached the other shore now,” said Ramanan Laxminarayan, an epidemiologist at the Center for Disease Dynamics, Economics & Policy, a research firm based in Washington, D.C. and New Delhi. “I don’t see the prospect of a second wave in India. If it does happen, it will likely be a modest one.”
Arctic blast: 100 million Americans brace for more cold, ice and snow
Jaguar cars to go all-electric by 2025 as JLR plans full range of e-models by 2030
Luxury car brand Bentley Motors, owned by Germany’s Volkswagen, said in November its model range will be fully electric by 2030, and last month General Motors Co said it aimed to have a zero-emission lineup by 2035.
A number of countries have also announced bans on new fossil-fuel vehicle sales. In the United Kingdom, that ban should take effect in 2030.
NTPC to pay Rs 20 lakh as compensation to kin of workers killed at its Tapovan project
Details of the procedure for payment of the amount to the next of kin of labourers killed in the calamity is being worked out, NTPC’s spokesman RP Jayada told reporters here.
A workforce has been set up at the plant to coordinate with the administration and gather all required information about every missing worker, he said.
COVID-19: New cases fall below 10,000 for fourth time in February
The number of people who have recuperated from the disease surged to 1,06,33, 025 which translates to a national COVID-19 recovery rate of 97.32 per cent, while the COVID-19 case fatality rate stands at 1.43 per cent
There are 1,36,872 active coronavirus infections in the country which comprise 1.25 per cent of the total caseload, the data stated
Africa Specialty Risks Group partners with GIC Re & Peak Re to launch new capacity for African region
ASR has secured additional multi-year binder capacity of up to $25 million per risk through a partnership with India’s GIC Re and annual capacity from Hong Kong based Peak Re.
Mikir Shah, CEO,ASR, said “ Securing additional capacity could not come at a more meaningful time for ASR. Following our launch mid-Pandemic in September 2020, we have seen a reduction in available capacity as traditional underwriters withdraw from emerging markets to focus on their more developed domestic markets”