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US, UK, 3 other courts confirm $1.4 bn arbitration award against India

by AIP Online Bureau | Mar 8, 2021 | Uncategorized

  New Delhi: Courts in five countries including the US and the UK have given recognition to an arbitration award that asked India to return USD 1.4 billion to Cairn Energy plc – a step that now opens the possibility of the British firm seizing Indian assets...

Number of vehicles per thousand population rose considerably in Delhi: Eco survey

by AIP Online Bureau | Mar 8, 2021 | Eco/Invest/Demography, Indian News, Non-Life

New Delhi: The count of vehicles in the national capital more than doubled to 643 per thousand population in 2019-20 from 317 in 2005-06, even as the annual growth rate for the vehicle sales almost halved to 4.4 per cent in this period, according to the Delhi Economic...

Covid-19 travel insurance becoming a vacation staple

by AIP Online Bureau | Mar 8, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance, Risk Management

Covid-19 insurance policies are increasingly joining passports and sunscreen as vacation staples, creating opportunities for insurers as more countries require mandatory coverage in case visitors fall ill from the coronavirus. Airline bookings are on the rise in some...

India at forefront in fighting Covid-19, stands out in terms of vaccine policy: Gita Gopinath

by AIP Online Bureau | Mar 8, 2021 | Eco/Invest/Demography, Indian News

  India has been at the forefront in fighting the coronavirus pandemic and "really stands out” in terms of its vaccine policy, chief economist of the International Monetary Fund (IMF) Gita Gopinath said, as she hailed the country for playing a very...

10,113 cos voluntarily shuttered operations during Apr 2020-Feb 2021 period: Govt data

by AIP Online Bureau | Mar 8, 2021 | Uncategorized

New Delhi, Over 10,000 companies were shut down voluntarily in the country from April 2020 till February this year, also a period when the coronavirus pandemic and subsequent lockdowns had significantly disrupted economic activities. The latest data available with the...
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