Welcome to My Blog
Here is a masonry blog layout with no sidebarIMF says India will reclaim status of world’s fastest-growing economy, projects 11.5 pc growth
In its latest World Economic Outlook update released on Tuesday, the IMF predicted that India’s gross domestic product (GDP) will grow at the pace of 11.5 per cent in 2021. IMF projections show that India’s economy will grow much better than China which is predicted to grow at 8.1 per cent, followed by Spain (5.9 per cent), France (5.5 per cent) and United States (5.1 per cent).
IRDAI extends CKYCR to legal entities
Indian startups attract $10.14 billion in funding in 2020: Report
In terms of sectors, e-commerce attracted the highest investment with $3 billion, followed by fintech at $2.37 billion and edtech at $1.52 billion.
The report said Bengaluru, Delhi NCR and Mumbai accounted for 90 per cent of the startup investments in the country, signalling concentration of angel investors and appetite in these regions.
Bengaluru led with $4.3 billion in startup investments, followed by Delhi NCR ($3 billion) and Mumbai ($2 billion).Globally, startups raised over $308 billion in funding, with the US garnering $165 billion.
Governments, insurers should work together on global risks-executives
“Public-private partnerships are the only way to tackle climate risk,” insurance broker Willis Towers Watson CEO John Haley said at a virtual meeting of the World Economic Forum.
Zurich Insurance CEO Mario Greco said insurers did not have the capacity to tackle climate and cyber risks alone, but neither should such problems be outsourced wholly to governments.Governments and insurers in Europe and the United States are considering state-backed reinsurance programmes for future pandemics, though some insurance sources have said progress has been slow, as governments focus their attention on dealing with the current crisis.
Cyber Insurance- a must for Enterprises
A cyber insurance cover is a must especially for corporates as it is designed to help an organization mitigate risk exposure by offsetting costs involved with recovery after a cyber-related security breach or similar event.
Currently, insurance covers are designed to protect against a number of cyber exposures that can impact businesses including direct costs to the corporates as well as claims/losses from third parties.
Aon and Willis Towers Watson establish ‘One Firm’ Vision, Name Executive Committee for proposed combination
IT minister to launch ‘Work from Anywhere’ portal, Tejas Virtual Intelligence tool at NICSI event
Prasad would also launch the ‘Work from Anywhere’ portal, a virtual environment that enables employees to ”access routine applications like e-office, calendar, mail, and other departmental applications and communicate across through VC ensuring safety during this pandemic with social distancing and work assurance from anywhere”.
Fresh Covid-19 rules: Swimming pools for all, more can watch films in halls
According to these new guidelines, to be effective for February 1, there shall be no restriction on inter-state and intra-state movement of people and goods including those for cross land-border trade under treaties with neighbouring countries.
Social, religious, sports, entertainment, educational, cultural, religious gatherings have already been permitted up to a maximum of 50 per cent of the hall capacity, with a ceiling of 200 people in closed spaces; and keeping of the size of the ground or space in view, in open spaces.
India’s unusual Covid vaccine problem: Plenty of shots, but few takers
“Vaccine hesitancy among health workers should end — I am pleading on behalf of the government, that please adopt it, because no one knows how this pandemic will take shape in the future,” said V. K. Paul, a member of the planning body Niti Aayog, noting that he’s taken the Covaxin shot without any adverse effects.
China, India’s COVID-19 vaccinations to stretch to late 2022: study
Augmented automated underwriting ushers in new-age technology in life insurance:Munich Re
Sitharaman likely to announce sale of IDBI bank, stake in LIC
In India, over 139 million women and girls now use modern methods of contraception: Report
Air pollution can permanently harm eyes, may result in irreversible blindness
The researchers, including those from the University College London, UK, noted that AMD is the leading cause of irreversible blindness among the over 50s in high-income countries, with the numbers of those affected projected to reach 300 million by 2040.
Known risk factors include older age, smoking, and genetic make-up, they said.
Two-thirds of world see ‘climate emergency’: UN survey
“Concern about the climate emergency is far more widespread than we knew before,” Stephen Fisher, a sociologist at Oxford who helped design the survey and process the data, told AFP in an interview.
“And the large majority of those who do recognise a climate emergency want urgent and comprehensive action.”
Biden to reopen online health insurance marketplace, ease Medicaid rules
India records 9,102 fresh COVID-19 cases, 117 fatalities in a day
According to the health ministry, 1,03,45,985 people have recuperated from the disease so far pushing the national COVID-19 recovery rate to 96.90 per cent. The case fatality rate stood at 1.44 per cent.
There are 1,77,266 active cases of coronavirus infections in the country which comprises 1.66 per cent of the total cases reported so far. It was for the seventh consecutive day that the active caseload remaind below 2 lakh.
RBI says it is open to exploring possibility of digital version of fiat currency
“In India, the regulators and governments have been sceptical about these currencies and are apprehensive about the associated risks.”Nevertheless, the RBI is exploring the possibility as to whether there is a need for a digital version of fiat currency and in case there is, then how to operationalise it,” the RBI said in its booklet on ‘Payment Systems in India — Journey in the Second Decade of the Millennium’.