August 3, 2020 Dose 27

The Capsule

Great things happen in a Capsule… SpaceX’s Dragon Capsule carrying two NASA astronauts landed successfully back to Earth in a historic development, paving the way for commercial space flights

TOP STORIES

Home Minister Amit Shah tested positive for COVID-19. He attended a cabinet meeting on Wednesday

Insurance Regulatory Development Authority of India (IRDAI) made it mandatory for health insurers to offer Corona Kavach and Corona Rakshak


Digging Deeper: These are short-term health insurance plans on which one need not pay lifetime premiums. The key differences between the two plans are:

Corona Kavach - A standard indemnity based policy. It compensates actual hospitalization expenses given the person has been hospitalized for at least 24 hours. It covers up to Rs 5 lakh with a 5% discount for health workers.

Corona Rakshak - A benefit plan under which a person who has been hospitalized for at least 72h will be reimbursed the entire sum regardless of personal expenses, i.e., a person who received free treatment at a hospital will also get paid, unlike the first policy. It insures up to Rs 2.5 lakh.

Both have a waiting period of 15 days with varying lengths of coverage (3.5, 6.5, or 9.5 months).

H1-B Visa application fee will rise to $555 - a 21% increase

Lowest COVID-19 cases and tests in 3 months following Eid

Norway will provide $1.5 million to enhance safety in the ship recycling industry

World Bank announced $202 million for food security of 4.5 million households

Cleaning of major storm-water drains in Karachi will begin from today

16th parliamentary elections will take place in August 5 with strict health guidelines

Valued at Rs 2.36 billion in the FY 2014-15, footwear exports declined by ~68% to Rs 767 million this year

MARKET INDEX

SOUTH ASIA

TODAY

1-DAY

YTD

DSEX

4,214

+1.03%

-5.36%

SENSEX

37,607

-0.034%

-9.05%

KSE100

27,559

+0.81%

-33.43%

CSE

5,124

+0.71%

-16.05%

GLOBAL

S&P

3,271

+0.77%

+0.41%

FTSE

5,898

-1.54%

-22.44%

OIL

43

-0.78%

-34.64%

GOLD

1,976

+0.95%

+30.08%

TECHNOLOGY AND STARTUPS

Microsoft eyeing a purchase of TikTok's U.S. operations

Facebook introduced official music videos to India

Apple announced a stock split

So what? After reporting strong earnings, Apple said it would enact a 4-for-1 stock split - each share owned by an investor today will turn into four shares. Likewise, the price will be quartered from about $425 now to $106. This does not affect its market value but appeals to a broader base of investors, as it is more accessible to more people (you can buy a piece of the company for ~$100 instead of ~$400). Currently the highest-priced stock in the Dow, the split will mean that AAPL will have a lower impact on the index if the stock price moves going forward.

A startup you should follow: Botany plants lately? With all this time at home, Plant Affairs wants you to say 'aloe' to some new friends in Dhaka. They handpick your green friends, pot 'em, and send 'em right to your doorstep. Think Uber Eats, but for some new cute green friends.

SPORTS CORNER

IPL 2020 will take place from September 19 to November 10 in the UAE


Aubameyang brought FA cup glory to Arsenal

PROFESSIONAL DEVELOPMENT

LinkedIn is a great tool, but we do not recommend relying on the platform to reach out to or follow up with recruiters/ hiring managers. Instead, we suggest you email them (we are biased). 

 

You can use the Clearbit Connect extension on Google Chrome to help you find the contact information of top-level executives at your dream company. Email the people who will be reading your application directly to show a personal interest in a particular job or to gauge job openings within a certain branch before anyone else does.

KEEP IT SHARP

You have four identical pills. 2 for your fever, and 2 for your cold. You need to take two pills.1 for cold, 1 for fever. Which 2 do you take?

HERE'S SOMETHING INTERESTING

The social stigma of pursuing certain career paths still prevail -- culinary arts are no exception. During the lockdown, more people have grown fond of cooking, and more online catering/baking businesses have emerged. Be it lil chef Kobe flooding the internet with his cuteness or teenagers flaunting their culinary skills on Tiktok, the culinary industry is on the rise.

 

For example, in the early 2000s, Pooja Dhingra gave up on Law school to pursue hospitality and management in Switzerland before joining the esteemed Le Cordon Bleu in Paris, where she tasted her first macaron. It was love at first bite. She went on to open India's first macaron store and is currently the owner of a bakery chain Le15 patisserie

 

Similarly, Elma Arifeen is an Economics graduate from Bangladesh who followed her passion for baking and did a diploma in patisserie at the Gastronomicom culinary school in France. She interned at a Michelin starred restaurant before starting the much loved online bakery called Pastryarchy.

 

Culinary schools have grown across South Asia, namely the Culinary Academy of India in Hyderabad, Colombo International Hotel School in Sri Lanka, National Institute of Hotel Management Bangladesh in Dhaka, College of Hotel Management, and Tourist Lahore in Pakistan are some of the prominent schools offering culinary courses.

 

If cooking (or anything else for that matter) is your passion, then don't hold back. 

OF ART AND ARTISTS

Introducing Bengali rap/hiphop by Bhanga Bangla! We recommend Jhamela Nai, but don’t blame us if it gets stuck in your head for a while. The trio of Bengali-American musketeers create 'East meets West' music, incorporating traditional Bengali wear into their music videos with a unique twist on Bengali rap.

ANSWER

You take half of each...

"Strength does not come from physical capacity, but from an indomitable will."

Mahatma Gandhi

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