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IMF cuts India’s GDP growth forecast to 9.5 pc for FY22

by AIP Online Bureau | Jul 27, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

  Washington: The International Monetary Fund (IMF) on Tuesday cut its economic growth forecast for India to 9.5 per cent for the fiscal year to March 31, 2022 as the onset of a severe second COVID-19 wave cut into recovery momentum. This forecast for 2021-22 is...

Saudi Arabia threatens 3-year travel ban for citizens who visit “red list” states

by AIP Online Bureau | Jul 27, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

London: Saudi Arabia will impose a three-year travel ban on citizens travelling to countries on the kingdom's 'red list' under efforts to curb the spread of coronavirus and its new variants, state news agency SPA said on Tuesday. It cited an unnamed...

Centre asks states for data on Covid deaths due to oxygen shortage: Report

by AIP Online Bureau | Jul 27, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: The Central government has written to States/Union Territories seeking data on deaths due to oxygen shortage during the second wave of COVID-19, according to government sources. This data is likely to be presented in the ongoing Monsoon Session of...

Cairn arbitration: Govt confirms French court order against Indian assets

by AIP Online Bureau | Jul 27, 2021 | Indian News, Policy, Risk Management

  New Delhi: The government on Tuesday confirmed that a French court has ordered the freezing of certain Indian assets in Paris on a petition by Britain's Cairn Energy, which is seeking to recover USD 1.72 billion from New Delhi after winning an arbitration...

Climate change is most critical challenge before humanity: President

by AIP Online Bureau | Jul 27, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

  Srinagar: President Ram Nath Kovind on Tuesday said that climate change is the most critical challenge before humanity and global warming is making its impact everywhere. Addressing the 19th convocation of the Kashmir University here, he also hoped that the...
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