SIRC 26
Indian
Reopen schools or disaster looms, experts tell Indian authorities
Northwest, central and south-central India new hotspots of intense heatwave
Heatwaves have emerged as a deadly health hazard, claiming thousands of lives across the globe in recent decades, with episodes strengthening in frequency, intensity and duration in the past half-century in India as well.
This has caused severe impact on health, agriculture, economy and infrastructure. In such a scenario, it is extremely important to identify the most heatwave vulnerable regions of the country to prioritise immediate policy intervention and stringent mitigation and adaptation strategies, the Department of Science and Technology said.
HDFC Life seeks shareholders approval to share issue to Exide Industries
Karnataka govt issues advisory to prevent Nipah virus outbreak
As per the information shared by the state Department of Family and Health Welfare, the advisory instructs the district administrations to monitor the arrivals from Kerala for symptoms like fever, altered mental status, severe weakness, headache, respiratory distress, cough, vomiting, muscle pain, convulsion and diarrhoea.
International
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
Coronavirus time bomb: America’s uninsured and brutal work culture
Coronavirus fuels recession fears: Worst week for global markets since 2008
“The coronavirus now looks like a pandemic. Markets can cope even if there is big risk as long as we can see the end of the tunnel,” said Norihiro Fujito, chief investment strategist at Mitsubishi UFJ Morgan Stanley Securities. “But at the moment, no one can tell how long this will last and how severe it will get.”
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