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Indian

Investments via P-notes stand at Rs 97,744 crore till August

The assets under custody (AUC) of FPI’s have almost touched 52 lakh crore in August 2021, which is a record high. It was at Rs 48.36 lakh crore in the preceding month.

Meanwhile, FPIs infused a net sum of Rs 2,083 crore in equities last month and Rs 12,144 crore in the debt market.

India becoming destination country for healthy food, says Tomar at G-20 Agriculture Ministers’ meeting

“The Government of India has emphasised on re-introducing traditional food items including millet, other nutritious cereals, fruits and vegetables, fish, dairy and organic products in the diet of the people. Their production has been phenomenal in India in recent years and India is becoming a destination country for healthy food items,” said Tomar during the second day’s session of the G-20 Agriculture Ministers’ meeting.

C-DOT developing tech to tap all media for broadcasting disaster alerts

The Centre for Development of Telematics (C-DOT) is developing the system for National Disaster Management Authority (NDMA) and expects it to be ready in 18 months, CDOT chairman and executive director Rajkumar Upadhyay told PTI.

”We are developing a pan-India integrated alert system which can send out alerts across all mediums at one go in an emergency situation. It will be deployed by NDMA. Once the system is deployed, the department concerned will have to just mark the area on the map by pen and the alert will go across all mediums in that area in the local language,” Upadhyay said.

International

Insurers fret as company bosses face coronavirus legal claims

“An uptick in litigation targeting directors and officers across industry sectors is one likely, and unwelcome, consequence” of the coronavirus pandemic, said James Whitaker, partner at law firm Mayer Brown.

“We are starting to see insurers looking at the potential for specific COVID-19 exclusions going forward,” said Beth Thurston, head of management liability, UK & Ireland, for broker Marsh.

Donald Trump casts doubt on Chinese coronavirus figures

China has publicly reported 82,394 confirmed cases and 3,316 deaths as of Thursday, according to a rolling tracker by Johns Hopkins University.That compares to 216,722 cases and 5.137 deaths in the United States, the country with the world’s largest reported outbreak.

Coronavirus pandemic: Over 95% who died in Europe were over 60: WHO

The U.N. health agency says 10% to 15% of people under 50 with the disease have moderate or severe infection.

“Severe cases of the disease have been seen in people in their teens or 20s with many requiring intensive care and some unfortunately passing away,” Kluge said.

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