Indian

IMD reports new cyclone formation, Yaas, at Bay of Bengal

May 19, 2021

“Low pressure of the new cyclonic storm is expected to start forming in the Bay of Bengal by May 22. May 23 should mark depression stage, and the final cyclonic storm is expected to hit by May 24-25,” he told ANI.

The cyclone Yaas will hit the coasts of Odisha and West Bengal on May 26. Meanwhile, both the states will experience heavy rainfall from May 22 to 26.

PFRDA subscriber base jumps over 23% to 42.7 million by April 2021

May 19, 2021

The assets under management (AUM) of these two schemes jumped by more than 36 per cent to Rs 5.90 lakh crore by the end of first month of the current fiscal year 2021-22. Of this, the AUM of APY scheme moved up by 47.4 per cent to Rs 16,136 crore.

Need for greater collaboration between countries on various health issues:Harsh Vardhan

May 19, 2021

India’s federal structure and subsequent public health system posed various challenges due to the wide diversity that prevails throughout the length and breadth of the country, he said.

57.25 lakh domestic air passengers in April, 26.8 pc lower than March: DGCA

May 19, 2021

According to the Directorate General of Civil Aviation (DGCA), 78.27 lakh people travelled by air within the country in February. The drop in domestic air traffic in April is due to the second wave of the pandemic that has badly hit India and its aviation sector.

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International

Climate Change:Swiss Re stops covers for businesses with 30% thermal coal exposure

Jul 2, 2018

It is a further step in refining Swiss Re’s approach to managing carbon-related sustainability risks and supporting the transition to a low-carbon economy.The thermal coal policy applies to both existing and new thermal coal mines and power plants, and is implemented across all lines of business and Swiss Re’s global scope of operations.

Chinese tech firms seek to shake up state-Run health sector with AI and Big Data

Jun 30, 2018

Alibaba’s push into healthcare reflects a wider trend in China, where technology firms are racing to shake up a creaking state-run health sector and take a slice of spending that McKinsey & Co estimates will hit $1 trillion by 2020.

EU Will Not Ease Post-Brexit Market Access for UK Insurers, Banks: Official

Jun 30, 2018

City of London institutions have already scaled back expectations of continued full access to the EU from Britain once any transition period ends, or that a novel, bespoke trade deal can be agreed.

Amazon to Buy Online Pharmacy Startup PillPack as Entry Into Health Care

Jun 29, 2018

The pact follows months of speculation about Amazon’s plans to get into the pharmacy or drug-distribution business. Despite the retailer’s vast reach, getting into prescription drugs presented a daunting logistical challenge in terms of licensing and dealing with a range of private and government payers.

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