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Indian
Covid destroyed lives, heart-wrenching to see survival of kids at stake: SC
“We are glad that the UoI (Union of India) and the state governments/Union Territories have announced schemes to provide succour to the children in need. We have no doubt that the authorities concerned would leave no stone unturned to attend to the immediate basic needs of the crestfallen children, said a bench of justices L Nageswara Rao and Aniruddha Bose.
The top court, which was hearing a suo motu matter on ‘Contagion of COVID-19 on children protection homes’, noted in its order that over one lakh children have lost either or both parents during the pandemic.
Pent-up demand to push auto dealer volumes up by 10-15% in FY22: CRISIL
Dealers of two-wheelers, passenger vehicles and commercial vehicles expect sales to increase 10-15 per cent this fiscal on a low base of last fiscal, driven by new model launches, pent-up demand, and festive season sales, the survey revealed.
However, a possible third wave of COVID-19, spurt in fuel prices and supply constraints of original equipment manufacturers (OEMs) are seen among factors that could slow the sector down, CRISIL said on Monday.
After July, August too set to record less than normal rainfall: IMD
Ez4EV to soon launch on-demand mobile charging stations for EVs
The transition from IC (internal combustion) engines to e-mobility requires efficient charging infrastructure. The Ez4EV plans to solve the problem of inadequate infrastructure by deploying a network of autonomous EzUrja charging stations. With this, the company aims to become a key player in the innovative charging infrastructure market by providing ‘Infra-as-a-Service’ for the Indian EV sector.
International
Six coronavirus deaths in US, 91 confirmed cases: Pence
Meru Health and dacadoo join forces to streamline access to effective mental healthcare
Use of non-derivative financial instruments to insurance contracts with direct participation features now allowed:IASB
Ralph Ovsec, Senior Director, Insurance Consulting and Technology, at Willis Towers Watson, said: “All stakeholders will welcome the conclusion of deliberations on changes to IFRS 17, even if some of the decisions reached do not reflect the wishes of some in the industry. With regard to the determination of the acquisition date of reinsurance contracts, ceding companies should be mindful in assessing potential unintended consequences related to the ability to take reinsurance relief on onerous contracts offered by reinsurance.
Trump imposes travel restrictions, state of emergency after first coronavirus death in US
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