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645 children lost their parents to Covid from Apr-May 28 during second wave: WCD

by AIP Online Bureau | Jul 22, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy

  New Delhi: A total of 645 children lost their parents to COVID-19 from April to May 28 this year during the second wave, the Women and Child Development Ministry said on Thursday. In response to a question in the Rajya Sabha, Women and Child Development...

Based on audacious assumptions: Centre dismisses studies claiming undercounting of India’s COVID deaths

by AIP Online Bureau | Jul 22, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy

  New Delhi: The union health ministry on Thursday slammed news reports that claim India's COVID-19 death count to be much higher than reported by the government, saying that they were based on studies conducted on 'audacious assumptions'. In a...

Death rates soar in Southeast Asia as virus wave spreads

by AIP Online Bureau | Jul 22, 2021 | Eco/Invest/Demography, Health, International News, Life, Non-Life, Pandemic

Indonesia has converted nearly its entire oxygen production to medical use just to meet the demand from COVID-19 patients struggling to breathe. Overflowing hospitals in Malaysia had to resort to treating patients on the floor. And in Myanmar's largest city,...

RBI eyeing ‘phased introduction’ of digital currency: Deputy Governor

by AIP Online Bureau | Jul 22, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation

  Mumbai: The Reserve Bank is working on a phased implementation strategy for its own digital currency and is in the process of launching it in wholesale and retail segments in the near future, RBI Deputy Governor T Rabi Sankar said on Thursday. He said the idea...

ICICI Gen’s Q1 net drops 61 % to Rs 152 crore on higher Covid-19 claims

by AIP Online Bureau | Jul 22, 2021 | Indian News, Non-Life

  Mumbai, July 22: With Rs 602 crore of Covid -19 claim outgo, the net profit of ICICI Lombard General Insurance has plunged by 61 per cent  year on year to Rs 152 crore  in Q1 FY2022 as compared to Rs 398 crore in Q1 FY2021. The largest private sector...
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