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Indian
Unfolding global developments poses risks to Indian economy, says RBI
Even though India is making steady progress on the domestic front,...
Cyclone brewing in Bay of Bengal, A&N Islands to get heavy rains
“If the forecast materialises, tropical cyclone Asani will become...
Generali gets CCI’s nod for increasing stake in Future Generali to 74 pc
Italy’s biggest insurer agreed in January to buy a 25% stake in...
Adani adds $49 bn wealth in 2021, higher than Jeff Bezos, Elon Musk
Gautam Adani 'Over the last 10 years, Indian billionaires added...
International
White Mountains to acquire majority stake in Lloyd’s insurer Ark
Ark is a leading Lloyd’s platform well positioned to take advantage of the hardening market in property & casualty insurance. Founded in 2007 by Ian Beaton and Nick Bonnar, Ark manages the underwriting of syndicates 4020 and 3902 at Lloyd’s. The syndicates underwrite a diversified and balanced portfolio of reinsurance and insurance, including property, accident & health, energy, marine and political risks.
COVID-19 vaccine rollout unlikely before fall 2021, experts say
“Experts in our survey offered forecasts on vaccine development that were generally less optimistic than the timeline of early 2021 offered by US public officials,” Jonathan Kimmelman, a professor at McGill University, said in a statement.
“In general they seem to believe that a publicly available vaccine next summer is the best-case scenario with the possibility that it may take until 2022,” said Kimmelman, the senior author on the paper published in the Journal of General Internal Medicine.
New global lab network will compare COVID-19 vaccines head-to-head
IFAD becomes first UN fund to receive a credit rating, providing a boost to the world’s poorest people
This sets the stage for increased investments in food security, employment, and rural economic growth, and is an important step towards the achievement of the Sustainable Development Goals (SDGs).
IFAD-supported projects and programmes are funded through contributions from its 177 Member States, investment income and reflows, as well as cofinancing from other sources.
With Official Development Assistance (ODA) under pressure in recent years, IFAD has been exploring new funding models to help it double its impact on reducing poverty and hunger by 2030, and meet the changing needs of borrowing countries.
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