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Indian
Indian govt has no plans manadate 2-child norm:Mos for Health
Bharati Pravin Pawar,Union Minister of State for Health In response...
Govt accords financial sanction for new nuclear power projects totaling to 9000 MW: Jitendra Singh
On progressive completion of the projects under construction and...
17 States/UTs have ‘Over-exploited’ ground water resources:Govt
Central Ground Water Board is implementing a nationwide programme...
income, investments, insurance and institutional credit to drive financial inclusion:PM Modi
Prime Minister Narendra Modi “When income grows, investment becomes...
International
Pandemic to nearly wipe out growth in developing Asia in 2020 – ADB
Developing Asia, a group of 45 countries in the Asia-Pacific region, is expected to post growth of just 0.1% in 2020, the ADB said in a supplement to its Asian Development Outlook report issued in April, the slowest pace since 1961, before growing 6.2% next year.The updated forecasts show more damage to economies in developing Asia than estimates it released it April, which predicted 2.2% growth for the region in 2020.
Former head of China insurance regulator jailed for 11 yrs on bribe conviction
Xiang Junbo was accused of taking kickbacks worth 18.6 million yuan ($2.6 million) in exchange for help securing project contracts and other tasks, the Xinhua news agency reported.
The bribes he accepted are to be recovered and turned over to state coffers, Xinhua reported, adding that Xiang would not be appealing the verdict.
Nigeria’s Swiss Re backed life insurer sees sales surge as Pandemic take hold
“Health workers are demanding it, other state governments and municipalities that didn’t have it before are now looking at it differently,” Leadway Assurance Co. Ltd. Chief Executive Officer Tunde Hassan-Odukale said in an interview in Lagos. “People who were not doing group life insurance before, are now looking at it on a corporate basis.”
Sales of group life policies have jumped 10% this year and the trend is expected to continue with COVID-19 cases in Nigeria still on the rise, he said. This may help to counteract pressure on the firm’s retail business, where individual life policies could be hit by a slowdown in economic activity because of lockdown measures to curb the spread of the disease.
Cargo ship calls at Singapore hub plummet to 27-year low, marine fuel sales fall
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