Indian
Boeing may win order for up to 80 737 Max jets from India’s Akasa
Any transaction would allow Boeing to establish itself firmly in a...
Showers, flooding toss Chennai; 14 killed in rain battered TN
The state government said 14 people were killed so far in...
One nation, one portal to redress public grievances soon: Union minister Jitendra Singh
He said efforts are being made to integrate state grievance portals...
India set to become world’s fastest-growing economy, Finance Ministry report says
The report said, softening retail inflation and adequate liquidity...
International
Covid-19 Pandemic:IASB proposes deferring IAS 1 amendments’ effective date implementation
Tens or 100s of billions? Insurers consult crystal balls on coronavirus costs
Losses could exceed $500 billion if state lawmakers require insurers to cover business-interruption claims for pandemic losses, former CNA Financial Corp Chief Executive Dennis Chookaszian told Reuters. Most policies exclude that risk, but insurers are facing lawsuits over it and eight U.S. states are considering laws to retroactively make insurers pay such claims.
World leaders pledge $8 billion to fight COVID-19 but U.S. steers clear
Trump administration pushing to rip global supply chains from China: officials
“We’ve been working on [reducing the reliance of our supply chains in China] over the last few years but we are now turbo-charging that initiative,” Keith Krach, undersecretary for Economic Growth, Energy and the Environment at the U.S. State Department told Reuters.
The pandemic has highlighted China’s key role in the supply chain for generic drugs here that account for the majority of prescriptions in the United States. It has also shown China’s dominance in goods like here the thermal cameras needed to test workers for fevers, and its importance in food supplies.
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