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Sitharaman may announce the merger of 3 PSU gen insurers in Budget 2020

by AIP Online Bureau | Jan 26, 2020 | Indian News, Non-Life, Risk Management

  New Delhi: After seeking the approvals of the boards of three PSU general insurance companies –United India Insurance(UII),Oriental Insurance Company)OIC) and National Insurance Company(NIC)-whose merger into one company was announced by former finance...

Eyeing leadership position in electric vehicle segment: Tata Motors

by AIP Online Bureau | Jan 26, 2020 | Eco/Invest/Demography, Indian News, Non-Life

  Mumbai: Tata Motors aims to establish itself as the leader in the electric vehicle (EV) market in the country as it looks to roll out new products for both private and fleet segments, a senior company official said.   The company, which sells its Tigor EV...

Epidemics and equities: What the coronavirous means for markets

by AIP Online Bureau | Jan 26, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance, Risk Management

  A rapidly spreading viral outbreak is disrupting travel and business in China, which took unprecedented steps to lock down cities with a combined 40 million people around the epicenter in Wuhan to try to slow its progress.   For global corporations, Wuhan...

With Wuhan virus genetic code in hand, scientists begin work on a vaccine

by AIP Online Bureau | Jan 26, 2020 | Eco/Invest/Demography, Facts, Health

  When a newly organized vaccine research group at the US National Institutes of Health (NIH) met for the first time this week, its members had expected to be able to ease into their work.   But their mandate is to conduct human trials for emerging health...

Budget 2020: Govt unlikely to offer relief in income tax, here’s why

by AIP Online Bureau | Jan 26, 2020 | Eco/Invest/Demography, Indian News

  New Delhi: Tax collections in the current fiscal may fall short of targets by as much as Rs 2 trillion on faltering economy, leaving a very little room for Finance Minister Nirmala Sitharaman for offering any meaningful reduction in personal income tax rates....
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