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Indian
Digital cos’ data hegemony may lead to ‘attention economy’, says CCI chief
While noting that rapid changes are happening in markets, which are increasingly shifting towards a digital platform-centric configuration,Competition Commission chief Ashok Kumar Gupta also pointed out that these platform markets are by their very nature “winner-takes-all or winner-takes-most”.
“Network effects, access to large amounts of data, economies of scale and scope, induced behavioural biases among consumers etc., in digital markets, may heighten market concentration and result in the creation of impermeable entry barriers,” Gupta said.
No plans to bring standard products for cyber liability insurance policy as of now: Member Irdai
Ayushman Bharat has transformed healthcare system in country: Mandaviya
”The budget outlay for health has increased 137 per cent since last year to 2.40 lakh crore. Ayushman Bharat has transformed healthcare in the country as poor patients can access non-government treatment facilities earlier reserved for only those who could afford it,” Union Health Minister Mansukh Mandaviya said.
India & US to collaborate on health and to counter ransomware
The White House said both India and the US are committed to continued partnership on cybersecurity, to include efforts to promote critical infrastructure resilience, collaboration to counter cyber-enabled crime such as ransomware, and cooperation to address shared cyber threats, including through workforce development, and exploring common cyber standards and promoting secure software development.
The White House noted that over the 50 years, the US Centers for Disease Control and Prevention (CDC) has successfully collaborated with the Indian government to address India’s public health priorities.
International
French insurers in talks to jointly invest 1 bln euros to help small businesses during coronavirus
Markel International appoints Bo Yu as claims lead for Asia
In this role, Bo will be the first point of contact for all claims arising through Markel’s offices in Singapore, Hong Kong, India and Labuan. He will work closely with the extensive claims team across the Markel group, ensuring the best expertise is always provided to clients throughout the claims process. Bo will also help Markel better engage with its partners across the region by offering specific claims training as and when required.
WHO is investigating reports of recovered COVID patients testing positive again
World Bank forecasts worst economic slump in South Asia in 40 years
Other than India, the World Bank forecast that Sri Lanka, Nepal, Bhutan and Bangladesh will also see sharp falls in economic growth.
Three other countries – Pakistan, Afghanistan and the Maldives – are expected to fall into recession, the World Bank said in the report, which was based on country-level data available as of April 7.
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