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Indian
Lok Sabha passes dill to promote non-fossil fuels
It also seeks to introduce new concepts such as carbon trading and...
Equity mutual funds’ inflow drops 43% to Rs 8,898 crore in July
The net inflows in July were lower compared to the net inflow of Rs...
General insurers start chasing IRDAI’s premium targets
General insurers posted a 20.82 percent growth in premium...
Drought Risk: Soren seeks special package for J’khand, Bihar MP asks Centre to declare state drought-hit
Hemant Soren,Chief Minister,Jharkhand "This year, the state so far...
International
Dutch Court asks Shell to pay for Nigerian Oil Spills
Shell Nigeria is liable for damages from pipeline leaks in the villages of Oruma and Goi, the Hague Court of Appeals said in a ruling Friday. The amount of compensation will be decided later. The court also ordered the Nigerian unit and its Hague-headquartered parent company to build better warning systems so future leaks can be quickly detected.
U.N. chief urges business to take the lead on COVID-19, climate and global recovery
Mark Zuckerberg defends WhatsApp privacy policy amid India backlash
The WhatsApp policy has now been put on hold till May 15. It aims to share commercial user data with parent Facebook. The Indian government has also written a letter to WhatsApp CEO Will Cathcart to withdraw the policy.
“All of these messages are end-to-end encrypted, which means we can’t see or hear what you say and we never will, unless the person that you message chooses to share it and business messages will only be hosted on our infrastructure if the business chooses to do so,” Zuckerberg said.
Life and health insurance most likely products to see long-term benefits from COVID-19:GlobalData survey
Ben Carey-Evans, Analyst at GlobalData, comments: “Business interruption insurance is another product that could positively be impacted by COVID-19. Businesses around the world would have been scarred by forced closures throughout 2020 and into 2021 were they not able to operate. It is likely that the positive impact to this business line will be felt over time, as business owners would be very interested in policies that include pandemic cover. This product would likely have scored even higher had there not been disputes around whether insurers should pay out on COVID-19-related claims.”
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