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Tokyo Olympics cost USD 15.4 billion. What else could that buy?

by AIP Online Bureau | Aug 6, 2021 | Eco/Invest/Demography, Facts, Non-Life

The official price tag for the Tokyo Olympics is USD 15.4 billion, which a University of Oxford study says is the most expensive on record. What else could those billions buy? The ballpark figure for building a 300-bed hospital in Japan is USD 55 million. So you could...

South Korea to compensate nurse paralysed after Covid-19 shot

by AIP Online Bureau | Aug 6, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

SEOUL: For the first time in South Korea, a nursing assistant who was paralysed after receiving a Covid-19 vaccine was recognised as a victim of an industrial accident, making her eligible for government benefits and compensation. The nursing assistant, who has not...

Sebi board agrees in principle to ‘controlling shareholders’ concept

by AIP Online Bureau | Aug 6, 2021 | Eco/Invest/Demography, Indian News, Regulation

  Mumbai: Markets regulator Sebi on Friday agreed ''in-principle'' to a proposal to move from the concept of the promoter to ''controlling shareholders'', and decided to reduce the minimum lock-in period for promoters post an IPO....

No work, no food: Pandemic deepens global hunger

by AIP Online Bureau | Aug 6, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

The economic catastrophe set off by Covid-19, now deep into its second year, has battered millions of people. In South Africa and many other countries, far more have been pushed over the edge. An estimated 270 million people are expected to face potentially...

Downbeat Indian consumers withhold spending amid pandemic, says RBI survey

by AIP Online Bureau | Aug 6, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  Mumbai: Consumer sentiment in India stayed put near a record low in July, weighed down by lower income and higher cost of living, according to a Reserve Bank of India survey. The current situation index was at 48.6 in July from 48.5 in May, showed the...
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