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Indian

Insurers pay Rs18,600 crore for settling 15.40 lakh Covid-19 claims :IRDAI

“Over 19.11 lakh covid health claims have been reported as on 22nd June as far as medical insurance or hospitalisation is concerned. While in terms of death claims, which is handled by the life insurers, about 55,276 claims have been intimated and nearly 88 per cent i.e., 48,484 claims amounting to Rs 3,593 crore have already been settled,” informed while inaugurating 13th Global Insurance E-Summit & Awards organised by ASSOCHAM.
She added that the repudiated claim for health is just about 4 per cent and in life it is just about 0.66 per cent, which is negligible.

Thackeray instructs health dept to prepare for possible COVID third wave

The tail of the second wave is yet to come. You are not completely out of it,” added Thackeray. Meanwhile, An IIT Kanpur study by Prof. Rajesh Ranjan and Mahendra Verma, along with their team, on Monday said the third wave peak of COVID could be around September – October this year

FM calls for re-thinking financing and development priorities for inclusive, resilient infra

The Finance Minister highlighted setting up of National Bank for Financing Infrastructure and Development, National Infrastructure Pipeline, National Monetisation Pipeline, liberalised FDI, development of GIFT City to promote Infrastructure Development, incentivise private partners and innovation.
Adopted in 2015, SDGs are the world”s shared plan to end extreme poverty, reduce inequality, and protect the planet by 2030.

Moody’s cuts India growth forecast for 2021 to 9.6 pc

“Mobility and economic activity will likely accelerate in the second half of the year as the pace of vaccinations pick up. The government recently announced a strategy to centralise vaccine procurement in order to boost vaccinations, which if successful, will support the economic recovery,” it added.

International

Zuckerberg calls for global internet regulations to address harmful content

The Facebook chief’s statement was in keeping with his efforts this year to frame the company’s more critical problems as part of broader issues for the internet at large. Zuckerberg’s willingness to embrace regulation could pave the way toward taking the thorniest problems about speech and privacy out of Facebook’s hands — or at least give the company more time to solve them.

AT&T is using models to prepare for natural disaster costs

Of the 30 largest publicly traded U.S. companies by market capitalisation, 20 say they have identified “inherent climate-related risks with the potential to have a substantial financial or strategic impact” on their businesses, according to reports provided to CDP, a U.K. nonprofit.

Diseases cost the African Region $2.4 trillion a year, says WHO

To achieve the health-related SDG targets, countries must invest adequately in the development of resilient national and local health systems to effectively, affordably and efficiently deliver the integrated packages of proven cost-effective interventions contained in relevant programmatic global strategies and plans to target populations in need.

US Judge allows suit against Nestle over its claim on Poland Spring Water

According to the amended complaint, Nestle Waters sells 1 billion gallons of Poland Spring a year in the United States, and “not one drop” of its water “emanates from a water source that qualifies as a genuine legal ‘natural spring.’”The actual Poland Spring in Maine, which the defendant’s labels said is a source of Poland Spring water, “commercially ran dry” nearly 50 years ago, the complaint said.

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