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Indian
Amazon app seeks share of India’s farm market, offers advice on crops
The Seattle-headquartered giant has begun offering real-time advice and information through a dedicated mobile app to help farmers make decisions on crops and even deploy machine learning technology. The program–which Amazon dubs Reactive and Proactive Crop plans–promises to provide growers with cutting-edge technology and insights.
Madras HC puts order on `bumper-to-bumper cover’ for new vehicles on hold
Atal Pension Yojana subscriber count cross 33 mn-mark, says PFRDA
A guaranteed pension scheme of the government, APY ensures Rs 1,000 to Rs 5,000 per month pension, depending upon the contribution made, to a subscriber from the retirement age of 60 years.
Public sector banks accounted for the highest number of APY subscribers at over 2.33 crore, as per PFRDA data.
Axis Bank raises $600 mn through ESG-compliant AT1 bonds sale overseas
International
Parametric insurance could offer hotels relief from Coronavirus cancellations
Coronavirus may force companies to rethink global supply chains: OECD Economist
The sprawling, continent-crossing supply chains of corporations have already come under pressure from trade tensions and climate concerns, and may face further stress as countries change global taxation rules. If and when the dust settles from the coronavirus, OECD’s chief economist Laurence Boone said firms will likely pause to reconsider what they do.
Half of world’s sandy beaches May Disappear, Say Climate Researchers
-Some countries will be more affected than others, the researchers said. Gambia and Guinea-Bissau in West Africa could lose more than 60% of their beaches, while predictions for Iraq, Pakistan, the island of Jersey in the English Channel and the Pacific island of Palau are similarly dire.
-Australia would be hardest-hit in terms of total beach coastline lost, with over 12,000 kilometers (7,500 miles) at risk. The United States, Canada, Mexico, China, Iran, Argentina and Chile would also lose thousands of kilometers (miles) of beach, according to the study.
Fed cuts rates to blunt coronavirus impact, markets drop
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