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Household debt may have declined to 34% in Q1 FY22: SBI report

by AIP Online Bureau | Sep 15, 2021 | Eco/Invest/Demography, Indian News

  New Delhi,Sept 15: Household debt may have declined to 34% in Q1 FY22: SBI reporthe household debt as a percentage of gross domestic product (GDP) may have declined to 34 per cent in the first quarter of 2021-22, according to an estimate by the State Bank of...

Depression crosses Odisha, hits over 20 lakh people and leaves 4 dead

by AIP Online Bureau | Sep 15, 2021 | Disaster & Management, Eco/Invest/Demography, Indian News

Bhubaneswar: The deep depression that wrecked havoc in Odisha for the past two days has crossed the state and entered neighbouring Chhatisgarh on Tuesday but not before claiming four human lives, affecting over 20 lakh people and causing destruction. The depression...

Six feet distance may not be enough to prevent viral transmission indoors: Study

by AIP Online Bureau | Sep 15, 2021 | Facts, Health, Pandemic

Sept 15: The physical distancing of two meters — about six and a half feet — may not be enough to sufficiently prevent transmission of virus-carrying airborne aerosols indoors, according to a study. The results, published in the journal Sustainable Cities...

Indian law firms want higher fees to advise on LIC’s mega IPO

by AIP Online Bureau | Sep 15, 2021 | Indian News, Life, Policy

  New Delhi, Sept 15: India’s plan to list the state-run life insurance company (LIC) runs into an unusual problem: domestic law firms are reluctant to advise the government, deterred by the low fees offered to the government. moment of a lucrative stock...

LIC may be valued around $109-bn for its mega IPO

by AIP Online Bureau | Sep 15, 2021 | Eco/Invest/Demography, Indian News

  New Delhi, Sept 15: The government is seeking a valuation of between Rs 8 trillion ($109 billion) and Rs 10 trillion for state-backed Life Insurance Corp. in what’s slated to be the nation’s biggest initial public offering. The government is...
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