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Indian
Hospitals beds need to grow by at least 30% to provide equitable healthcare facilities for citizens
It added that the other 50 per cent of the country's population...
Abbott ties up with health tech firms for diabetes care
''Continued research and strategic partnerships have simplified and...
Life insurers’ new premium income up 3 pc to Rs 21,957 cr in January
The country's largest and the only state-owned insurer LIC...
Mahindra Lifespaces woos home buyers with health covers
Home buyers will be provided a health covers between Rs 3 lakh and...
International
17th SIRC postponed to Nov, 2021
To fill the void this November, the Organising Committee is planning a virtual event – tentatively coined ‘SIRC 2020 Re-Mind’ – to mark the dates More details of this virtual event will be announced in mid-October.
All important international events like Monte Carlo Rendezvous,during second week of Sept,Baden-Baden Reinsurance Meet,during 4th week of Oct and East Asian Insurance Congress(EAIC), scheduled during last week of Aug, have been cancelled this year due to Covid-19 pandemic.
Bears are going extinct in US stock market’s $13 trillion rebound
“It looks like all those fund managers over the past quarter went from being bearish and expecting a stock market crash to now bullish,” Shawn Cruz, senior market strategist at TD Ameritrade, said in an interview. “Sentiment’s turned positive about equities in general but also sentiment is turning positive for a return to growth.”
The tide is getting harder to fight with retail investors flocking to unprofitable companies such as Nikola Corp. and Moderna Inc. More money managers are forced to embrace the rally, ignoring this year’s profit contraction and banking on fiscal and monetary stimulus. At 26 times forecast earnings, the S&P 500 was trading at the highest multiple since the dot-com era.
Global coronavirus deaths exceed 800,000
The rate of deaths is holding steady with it taking 17 days to go from 700,000 to 800,000 deaths — the same time it took to go from 600,000 to 700,000.
The U.S. death toll surpassed 170,000 on Sunday, the highest in the world. While the number of new cases is down from a peak in July, the country is still seeing over 360,000 new cases a week.
Porsche launches investigation into suspected engine manipulation
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