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March-May period likely to be warmer than normal: IMD

by AIP Online Bureau | Feb 28, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

  New Delhi:  The months of March, April and May are "likely to be warmer than normal" over northwest, west, central and parts of south India, the India Meteorological Department (IMD) said on Friday in its summer forecast.   Above normal heat...

Oriental Insurance needs Rs 3000 cr capital: CMD

by AIP Online Bureau | Feb 28, 2020 | Indian News, Non-Life

  New Delhi: Public non-life insurer Oriental Insurance Company requires Rs 3000 crore as capital for the next financial year for growth, its CMD A V Girijakumar said on Friday.   He said that the board of the company will meet on March 18, 2020, to examine...

Sensex nosedives 1,448 pts,Investors lose Rs 5.50lakh crore

by AIP Online Bureau | Feb 28, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi/Mumbai: Indian shares sank on Friday for a sixth straight session, capping their worst week in more than a decade, over fears that the fast-spreading coronavirus outbreak could trigger a global recession.   The Sensex ended the week with a 7 per...

Coronavirus spread puts densely populated India on high alert

by AIP Online Bureau | Feb 28, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  Mumbai: As the novel coronavirus spreads from China around the globe, India appears especially at risk because of its dense population, patchy health-care system and high rate of migration.   The nation has confirmed just three cases, while the Indian...

Raghurmam Rajan’s advice to govts: Fight virus first, worry about stimulus later

by AIP Online Bureau | Feb 28, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  The best economic tonic for the coronavirus shock is to contain its spread and worry about stimulus later, said Raghuram Rajan, former head of the Reserve Bank of India.   There’s little central banks can do, and while more government spending would...
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