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ADB trims economic growth forecast for developing Asia, equity investors remain bullish

by AIP Online Bureau | Dec 14, 2022 | Eco/Invest/Demography, International News

Monetary policy tightening by central banks globally and in the region, the protracted Russian invasion of Ukraine, and recurring lockdowns in the People’s Republic of China (PRC) are slowing down developing Asia’s recovery from the Covid-19 pandemic, ADB...

Russian insurer Ingosstrakh says no plans to cover new sanctioned clients

by AIP Online Bureau | Dec 13, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“We are not willing and will not provide short-term P&I (Protection and Indemnity) coverage for vessels caught up by the new Turkish regulations at the mouth of the Bosphorus,” Ingosstrakh said Russian insurer Ingosstrakh said on Monday it has no plans to offer...

Auction base price hiked by Rs 1.5K cr to Rs 6.5K cr for Reliance Cap bidders

by AIP Online Bureau | Dec 13, 2022 | Indian News, Life, Non-Life

According to the new rules, the bidders, in the first and second round, will have to increase the bid value by minimum Rs 1,000 crore each. This means the first bid has to be minimum Rs 7,500 crore and the second Rs 8,500 crore. The auction will now take place on...
India is largest ‘connected’ nation with 800 million broadband users: Chandrasekhar

India is largest ‘connected’ nation with 800 million broadband users: Chandrasekhar

by AIP Online Bureau | Dec 13, 2022 | Data, Eco/Invest/Demography, Technology

“5G and the largest rural broadband connectivity network project at BharatNet will have 1.2 billion Indian users constituting the single largest presence of the global internet. He further said that we also expect further technological innovations as well as...

2302 claims of Rs 50 lakh each cleared under insurance scheme for health workers fighting Covid: Govt

by AIP Online Bureau | Dec 13, 2022 | Health, Indian News, Non-Life, Pandemic

Fifty-three claims have been paid to the families of doctors in Bihar, 64 in Uttar Pradesh, 43 in Maharashtra, 38 in Karnataka and 37 each in Tamil Nadu and Andhra Pradesh, Minister of State for Health Bharati Pravin Pawar said in a written reply to a question in...
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