Indian

Intensity of severe cyclonic storms increasing in North Indian Ocean region: Study

Jul 29, 2021

The increasing intensity of severe cyclonic storms with major socioeconomic implications was due to atmospheric parameters like higher relative humidity, especially at mid-atmospheric level, weak vertical wind shear as well as warm sea surface temperature (SST).

This indicates the role of global warming in bringing about this increasing trend, the study suggests.

Space Activities Bill under consideration to promote private players in sector

Jul 29, 2021

The Indian National Space Promotion and Authorization Centre (IN-SPACe) was created as an independent nodal agency under the Department of Space with the mandate of promoting, handholding, licensing, authorization and monitoring of private space activities in India. Access to Department of Space (DOS) facilities and expertise is extended to private entities to support their space activities.

Covid R-value climbing steadily in country; Kerala, NE states top list

Jul 29, 2021

“India’s overall active cases are fluctuating too much to get a reliable estimate, but data is pointing at a value close to 1. It may tip over either way in the coming few days,” said Sitabhra Sinha of the Institute of Mathematical Sciences, who is leading the team.

Guj govt to start evening clinics for labourers, daily wagers in cities

Jul 28, 2021

The clinics will be opened soon in collaboration with municipal corporations, and an honorarium will be given to private doctors who are willing to provide their services, he said.

”The idea is to provide free treatment to poor people near their homes. As labourers and daily wagers leave their homes in the morning for work and are away all day, these clinics will remain open for four to five hours in the evening, when they return home,” the deputy chief minister said.

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International

London market premium rises to £28.4 bn

Oct 11, 2019

Dave Matcham, chief executive of the IUA added: “The data returns for this year’s report cover a period before the implementation of most Brexit contingency plans. Such is the diversity of London Market business models, however, it is already certain that Brexit will impact different firms in quite different ways. London is at the heart of an intricate web of cross-border business which is set to become even more complex.”

Business interruption losses in supply chain can be very severe:Lloyd’s Report

Oct 10, 2019

Physical impacts arising from supply chain failures can also affect intangible assets, notably brand and reputation, noted the report. In addition, the increased frequency and severity of extreme weather can exacerbate risks to infrastructure, manufacturing and distribution networks.

Trade conflicts could cause a loss of $700 bn to global economy:IMF Chief

Oct 9, 2019

“In 2019, we expect slower growth in nearly 90 percent of the world. The global economy is now in a synchronized slowdown,” Georgieva said in a speech ahead of IMF-World Bank autumn meetings next week.

Korean insurer plans to boost overseas investments to escape low-yield trap

Oct 8, 2019

As domestic yields slid, Korean insurers are putting more money offshore. Their holdings of foreign-currency securities almost doubled to 110.9 trillion won ($93 billion) as of July from three years ago, data from the Korea Life Insurance Association show

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