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Indian
ICICI Gen’s net profit jumps 80% to Rs 349 crore in Q1FY2023
It had a combined ratio of 104.1 per cent in Q1 FY2023 as against...
HDFC Life’s net profit rises 21% to Rs 365 crore in Q1FY2023, to set up an IFSC Insurance Office (IIO) at GIFT city
Vibha Padalkar, MD & CEO, HDFC Life, The life insurer’s Indian...
Russia defaults on LNG supplies to India
Moscow has in recent months imposed sanctions on 31 companies,...
DGCA’s spot checks detect insufficient staff certifying planes
Before each departure, an aircraft is checked and certified by an...
International
Toyota settles US probe into delayed emissions defect reports for $180 million
The government said the settlement resolved Toyota’s “systematic, longstanding violations of Clean Air Act emission-related defect reporting requirements, which require manufacturers to report potential defects and recalls affecting vehicle components designed to control emissions.”
Acting U.S. Attorney Audrey Strauss in New York said: “Toyota shut its eyes to the noncompliance, failing to provide proper training, attention, and oversight to its Clean Air Act reporting obligations.”
Ebola vaccines stockpiled against future outbreaks
In a statement, WHO, Doctors Without Borders, UNICEF and the International Federation of Red Cross and Red Crescent Societies said they were establishing an emergency reserve of about 500,000 doses; nearly 7,000 are available now and more will be added throughout the year and beyond. Financial support for the vaccine stockpile was provided by the vaccines alliance GAVI.
China-backed AIIB to support COVID-19 vaccine rollout, expects steady lending this year
COVID-19 spurs calls to boost protections for millions of homeworkers
“Homeworkers have been invisible for too long. But the explosion in homeworking during the pandemic has highlighted the poor working conditions experienced by millions worldwide,” ILO economist Janine Berg told the Thomson Reuters Foundation.
Homeworkers earn on average 13% less than non-homeworkers in Britain, 22% less in the United States, 25% less in South Africa and about 50% less in Argentina, India and Mexico, the ILO said in a report.
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