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Indian
Punjab govt to cover 8.5 lakh farming families under health insurance scheme
Punjab Mandi Board Chairman Lal Singh. added that the Board would pay the entire premium for the insurance cover of all the farmers, who will get cashless treatment facility up to Rs 5 lakh per annum.
He further said all these farmers and their families will now be covered with effect from August 20, 2021.
Will RBI joining NGFS help in climate finance?
The 22nd Financial Stability Report (FSR22) of the RBI had, about the “climate-related risk” that the value of financial assets/liabilities could be affected either by continuation in climate change (physical risks), or by an adjustment towards a low-carbon economy (transition risks). The manifestation of physical risks could lead to a sharp fall in asset prices and increase in uncertainty, it said.
AIIB provides $125 million funding for Kerala’s climate adaptation and disaster resilience
An estimated 49.6 million people will benefit from the loan, part of a comprehensive $ 530-million package cofinanced by the Government of Kerala, the World Bank Group’s International Bank for Reconstruction and Development and the French Development Agency.
Two key government programs will benefit from the financial injection—the Rebuild Kerala Development Program and the State Health Mission—both of which aim to improve state governments’ institutional resilience.
Automobile retail sales in fast lane in July as COVID restrictions ease across country
”With the entire country now open, July witnessed robust recovery in auto retails as demand across all categories remained high. Besides, the low base effect also continues to play its part,” Federation of Automobile Dealers Associations (FADA) President Vinkesh Gulati said in a statement
However, long waiting periods due to supply-side constraints continue to persist for the last few months and are becoming a cause of concern for original equipment manufacturers (OEMs), he added.
International
Australian bushfire insurance losses at $431 mn from 6000 insurance claims
Insurers have booked hundreds of hotel and motel rooms and are providing emergency accommodation and financial assistance to many customers. And assessors have been mobilised from all over Australia and New Zealand to help examine properties in fire-affected regions as soon as it’s safe to enter them.
Daimler recalls 744,000 US Mercedes-Benz 2001-2011 cars for faulty sunroofs
Pak military recruits youth for cyber propaganda war on India
Oil prices surge after US strike kills Iranian general
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