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Indian

Facebook rolls out Covid announcement tool to help health depts in India

“The COVID-19 Announcement feature will give health departments the ability to push out timely, credible COVID-19 and vaccine information to people in their local communities/ state jurisdictions. States will be able to issue these alerts statewide or to specific cities within their state,” it added.

269 doctors died due to COVID in second wave of pandemic: Indian Medical Association

Speaking to ANI, IMA president Dr JA Jayalal said, “Mortality among doctors is high as we are exposed to high viral load. We attain hundreds of patients whose infections are high. Also, many people come with symptomatic COVID, even their attendants are positive. So, doctors are exposed to this more.” “The working hours of doctors have been extended because the number of patients has increased. Keeping these all leads to high mortality among doctors. But this is not the case with doctors only, several deaths are occurring among the common public too,” added Dr Jayalal.
State-wise data by IMA shows 22 doctors died due to COVID-19 in Andhra Pradesh, 19 in Telangana, 14 each in Maharashtra and West Bengal, and 11 fatalities were reported in Tamil Nadu. It added that 10 doctors also died in Odisha, eight in Karnataka, and five in Madhya Pradesh.

Demand, employment severely hit by 2nd wave of Covid: RBI

“The biggest toll of the second wave is in terms of a demand shock – loss of mobility, discretionary spending and employment, besides inventory accumulation, while the aggregate supply is less impacted,” it said.

Cyclone kills 19 in India, 127 missing after vessel sinks in

The cyclone Tauktae, which made landfall in the western state of Gujarat late on Monday, has hit power supply in 2,400 villages in the state as a thousand electricity pylons were damaged, Chief Minister Vijay Rupani said in a media address.

Nearly 160 roads have been destroyed, 40,000 trees uprooted and several houses damaged, Rupani added.

“The standing crops would have suffered definite losses, especially in areas of Saurashtra where the cyclone hit the hardest,” said Manish Bhardwaj, principal secretary at the state agriculture department. Before reaching Gujarat, the cyclone left a trail of destruction as it brushed past the coastal states of Kerala, Karnataka, Goa, as well as Maharashtra, home to India’s financial hub of Mumbai, authorities said.

International

China’s State-Run Insurance Funds feel strain of Baby Boom

The cash crunch is the result of a baby drive by Chinese officials worried that a rapidly aging population poses a threat to economic growth. China eliminated the one-child policy in 2016 after almost four decades and since then almost every province has extended terms of maternity leave to encourage women to have more children.

Malaysia Expected to Give Foreign Insurers More Time to Cut Local Stakes

The central bank has been urging overseas insurers to reduce their holdings in Malaysian units to no more than 70 percent as it more strictly enforces ownership limits. The regulator earlier gave these firms until June 30 to cut their stakes, people familiar with the matter said last year

Lloyd’s CEO Inga Beale to leave in 2019

Inga joined Lloyd’s in January 2014. Since then, her commitment to transformation across the market, and within the Corporation, has led to significant cultural change and the adoption of new technology that has accelerated the market’s modernisation and digitalisation.

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