Indian

Almost 90% of people in India’s financial capital have COVID-19 antibodies: survey

Sep 18, 2021

Sero-prevalence was significantly higher in individuals who had received either first or both doses of COVID-19 vaccine as compared to their unvaccinated counterparts, the survey by the Brihanmumbai Municipal Corporation (BMC) noted.

More scientific data required on mixing of Covid-19 vaccine doses: Secretary Department of Biotechnology

Sep 17, 2021

“DCGI has given permission to CMC Vellore to start a trial on the mixing of vaccines. A couple of such studies have been initiated. We need more scientific data to get more clarity,” said Secretary, Department of Biotechnology, Government of India Dr Renu Swarup

Transport Ministry in talks with one foreign firm for Delhi-Jaipur electric highway: Gadkari

Sep 17, 2021

While reviewing the progress of the Delhi-Mumbai Expressway (DME) at Dausa, in Rajasthan, Gadkari said like electric railway engines, buses and trucks will also be powered by electricity.

”It is my dream to build an electric highway from Delhi to Jaipur. It is still a proposed project. We are in discussion with a foreign company,” he said. Gadkari said as a transport minister, he has taken a resolution to bring an end to the use of petrol and diesel in the country.

Govt ropes in global tech firms to transform India’s outmoded agricultural industry

Sep 17, 2021

Prime Minister Narendra Modi’s administration, which is seeking to ensure food security in the world’s second-most populous nation, has signed preliminary agreements with the three U.S. titans and a slew of local businesses starting April to share farm statistics it’s been gathering since coming to power in 2014.

PM Modi is betting the private sector can help farmers boost yields with apps and tools built from information such as crop output, soil quality and land holdings.

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International

EU states step in where trade credit insurers fear to tread

Apr 1, 2020

Without insurance, companies can be reluctant to buy or sell goods or services to others, with a rise in insolvencies expected among European firms forced to halt operations due to lockdowns aimed at slowing the coronavirus pandemic’s spread.

Atradius, which like rivals Coface and Euler Hermes sells protection to companies against the risk of default by their customers, forecasts a 2.1% rise in insolvencies in western Europe this year, compared with a 0.2% fall in 2019.

Apr1 renewals:Indian market sees Covid-19 exclusions,buyers suffer risk losses,says Willis Re

Apr 1, 2020

On the impact of situation triggered by caronavirus pandemic on the renewals in the Indian market, the report says reinsurers showed caution and added the exclusion wording, which was accepted by buyers as primary policies were not exposed, said the report..

Trump says coronavirus guidelines may get tougher; 1 million Americans tested

Mar 31, 2020

President Donald Trump said on Monday that federal social distancing guidelines might be toughened and travel restrictions with China and Europe would stay in place as he urged Americans to help fight the coronavirus with tough measures through April.Trump, speaking to reporters at the White House, said more than 1 million Americans had been tested for the coronavirus, which he called a milestone.

“$35-bn liability in June quarter over COVID-19: Airlines” body

Mar 31, 2020

“On top of unavoidable costs, airlines are faced with refunding sold but unused tickets as a result of massive cancellations resulting from government-imposed restrictions on travel. The second quarter liability for these is a colossal $35 billion. Cash burn will be severe,” the International Air Transport Association (IATA) said on Tuesday.

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Briefs