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Indian
Aviva India fined $7.5 million by Income Tax authorities for fake invoice scheme
After hearing Aviva's defence, joint tax commissioner Aditya Singh...
India to form Deregulation Commission: PM Modi
Prime Minister Narendra Modi "It is my conviction that there should...
Bima Vahak’s portal is ready for soft launch in April, says IRDAI
The implementation of Bima Sugam is going as planned and is now...
Bima Manthan:IRDAI asks insurers to strictly focus on claim settlement, zero-tolerance to non-compliance of regulations
Debasish Panda, chairman,IRDAI Distribution reforms in the pipeline...
International
Lloyd’s of London extends lease on iconic building until 2035
The deal with landlord Ping An Insurance Group, which came together...
Britain’s National Grid drops China-based supplier over cyber security fears – FT
The decision came in April after the utility sought advice from the...
London marine insurers widen high risk zone in Red Sea as attacks surge
Iranian-backed Houthi militants in Yemen have stepped up attacks on...
US news publisher sues Google for ‘siphoning off’ ad revenue via AI tech
The lawsuit claimed that Google's recent advances in AI-based...
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Facts
Wuhan market had role in virus outbreak, but more research needed – WHO
GENEVA: A wholesale market in the central Chinese city of Wuhan played a role in the outbreak of the novel coronavirus last year, as the source or possibly as an “amplifying setting”, the World Health Organization said on Friday, calling for more...
Coronavirus pandemic:April US jobs data to show epic losses and soaring unemployment
The economic catastrophe caused by the viral outbreak likely sent the U.S. unemployment rate in April to its highest level since the Great Depression and caused a record-shattering loss of jobs. With the economy paralyzed by business closures, the...
Coronavirus pandemic:ICMR approves 21 institutions to conduct clinical trials of plasma therapy
New Delhi: The Indian Council of Medical Research (ICMR) has approved 21 institutions for participating in a randomised controlled study to assess the safety and efficacy of convalescent plasma to limit complications associated with COVID-19. The sample size of...
Bank of England holds off on fresh stimulus, sees worst slump in 300 years
London: The Bank of England held off further stimulus measures but said it was ready to take fresh action to counter the coronavirus hammering which could cause the country's biggest economic slump in over 300 years in 2020 before a bounceback in 2021. The...
Israel isolates coronavirus antibody in ‘significant breakthrough’:Minister
JERUSALEM: Israel has isolated a key coronavirus antibody at its main biological research laboratory, the Israeli defence minister said on Monday, calling the step a "significant breakthrough" toward a possible treatment for the coronavirus pandemic....
