SIRC 26
Indian
Govt to procure 660 mn more doses of Covishield, Covaxin at revised rates
According to the revised guidelines which came into effect from June 21, vaccine doses provided free of cost by the Centre will be allocated to states/UTs based on criteria such as population, disease burden and the progress of vaccination, and all above the age of 18 will be eligible for the free jabs.
Any wastage of vaccine will affect the allocation negatively.
Crop sowing lags in India, raising concerns over food grain output
Indian farmers had planted 61.19 million hectares with summer crops as of July 16, down 11.6% from a year earlier, the Ministry of Agriculture & Farmers’ Welfare said in a statement.
Farmers typically start planting summer-sown crops on June 1, when monsoon rains usually reach India. Planting then continues until early August.
IFSCA forms expert panel to develop a Longevity Finance Hub in GIFT City
Development in medicinal science and technology will support extending of lifespan and longevity of the silver generation. It is estimated that by 2040, there will be more members of the silver generation than people under 20. This demographic change will throw open new challenges and opportunities especially in the areas of wealth management, health, insurance, and other investment products, said the IFSC.
SC asks UP to reconsider its decision to hold even ‘symbolic’ Kanwar Yatra
The top court’s direction came after the Uttar Pradesh government told the bench that it has decided after relevant discussions to hold a symbolic Kanwar Yatra with appropriate Covid restrictions.
Solicitor General Tushar Mehta for the Centre told the top court that states shall not be allowed to hold Kanwar Yatra in view of Covid and arrangements for Ganga water should be made by tankers at specified places.
International
Global insurance prms exceed a record $5 trillion in 2018, to grow by 3% in 2019/20:Swiss Re Study
The non-life sector faces a fundamental structural shift over the next decades,with a possible decline in premiums from motor, the dominant line of business today. This potential decline will come as a result of the ongoing evolution of advanced driver-assistance systems and self-driving car technologies, which are expected to lead to lower claims, and so also lower premium rates and volumes in motor.
Global #MeToo movement provides lots of work for London’s top lawyers
Horacio Bernardes Neto, president of the International Bar Association that represents attorneys, said in May that law firms hired to advise corporations on how to handle harassment allegations needed to get their own hiring and workplace behavior in order because of the risk being called out for hypocrisy, after a global survey found one in three female attorneys has been sexually harassed at work.
Britain’s green finance strategy could mandate corporate Climate Risk disclosure
Vatican defends secrecy of Catholic Confessions amid priest sex scandals
Cardinal Piacenza noted that Francis himself earlier this year called confessional secrecy indispensable, and quoted the pontiff as saying “no human power has jurisdiction” over that secrecy. Piacenza said the tribunal felt it “urgent to recall in the first place the absolute inviolability of the sacramental secrecy, which is based on divine right and admits no exception.”
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