Category

Eyes in the sky: Investors reach for new tools to gauge climate change risk

Articles       Jul 02, 2020

In the twilight years of past civilisations, astrologers would scour the heavens for signs of impending calamity. In an era where climate change is eroding age-old certainties, a new cast of characters is searching for answers in the sky.   A small but growing network of...

Jeffrey Preston Bezos, founder, CEO, and president Amazon

Jeff Bezos's wealth soars to $171.6 billion to top pre-divorce record

Facts       Jul 02, 2020

  Jeff Bezos’s net worth has smashed through its previous peak, even after he relinquished a quarter of his stake in Amazon.com Inc. as part of a divorce settlement last year.   Shares of the Seattle-based retailer surged 4.4% to a record $2,878.70 Wednesday, boosting the founder’s...

FWD completes MetLife Hong Kong acquisition

International News       Jul 02, 2020

  HONG KONG: FWD Management Holdings Limited, the Hong Kong registered business of FWD Group, announced it has completed the acquisition of MetLife Limited and Metropolitan Life Insurance Company of Hong Kong Limited from MetLife, Inc. (NYSE: MET).   The acquisition further strengthens FWD's presence, market share,...

India's COVID-19 tally zooms past six lakh cases,5 days after crossing 5-lakh mark

Indian News       Jul 02, 2020

  New Delhi: India''s COVID-19 tally zoomed past six lakh cases on Thursday with a single-day increase of 19,148 cases, just five days after it crossed the five-lakh mark, while the death toll rose to 17,834, according to the Union health ministry data.    The COVID-19 case...

Goa opens to domestic tourists from July 2:state tourism minister

Facts       Jul 02, 2020

  Panjim: Goa Tourism Minister Manohar Ajgaonkar on Wednesday announced that the coastal state will be open to tourists starting July 2, as 250 hotels have been granted permission to resume operations.   Goa, one of the country's most popular tourist destinations, has remained shut for travellers...

Musk says Tesla is building 'RNA microfactories' for CureVac

International News       Jul 02, 2020

Tesla Inc  is building “RNA microfactories” for coronavirus vaccine developer CureVac in Germany, the electric carmaker’s chief executive officer, Elon Musk, tweeted on Wednesday. CureVac, an unlisted German company, has said it is developing transportable, automated mRNA production units that it calls printers. They will...

AIIMS partners IIT-Delhi to launch app for patients needing plasma therapy

Facts       Jul 02, 2020

  New Delhi: Resident doctors of AIIMS with the help of IIT-Delhi students have developed a mobile application to track real-time COVID-19 patients in the hospital, who can become potential plasma donors 28 days after recovery along with those who have been discharged.   The app named...

Another COVID-19 wave in 2nd half of 2020 could result in loss of 340 mln full-time jobs: ILO

International News       Jul 02, 2020

  Geneva: The ILO has warned that if another COVID-19 wave hits in the second half of 2020, there would be global working-hour loss of 11.9 per cent - equivalent to the loss of 340 million full-time jobs.   According to the 5th edition of International Labour...

June gold imports plunge 86% y-o-y to 11 tonnes due to lockdown: Report

Data       Jul 02, 2020

  India's gold imports plunged 86 per cent year-on-year in June due to record high prices and as international air travel was banned and many jewellery shops were closed amid a nationwide lockdown to curb the spread of coronavirus, a government source said.   The world's second-biggest...

Coronil: Patanjali can sell its drug, but not as a cure for Covid-19

Facts       Jul 02, 2020

  Haridwar/New Delh: Yoga guru Ramdev's Patanjali Ayurved on Wednesday said there are no AYUSH Ministry restrictions on selling Coronil, a drug the company recently launched as a medicine for Covid-19 but is now calling it a product to manage the disease.   The Union ministry confirmed...

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