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No decision to discontinue printing of Rs 2,000 banknotes: MoS Finance Thakur

by AIP Online Bureau | Mar 17, 2020 | Eco/Invest/Demography, Indian News, Policy

  New Delhi:  The government on Monday said no decision has been taken to discontinue printing of Rs 2,000 banknotes, and state-owned SBI and Indian Bank are reconfiguring ATMs for Rs 500 and Rs 200 notes.   "No indent was placed with the presses...

All private laboratories to offer Covid-19 diagnosis free of cost:ICMR

by AIP Online Bureau | Mar 17, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: There are 72 functional Indian Council of Medical Research (ICMR) laboratories conducting tests for coronavirus and private NABL-accredited labs will soon be operationalised across the country, ICMR Director General Balram Bhargava on Tuesday said....

Alamelu Panel recommends reduction of tax rates from 40% to 25 % for Indian FRBs

by AIP Online Bureau | Mar 17, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance

  Hyderabad: Even as global reinsurers are expanding their business, since they set up their operations two years ago in India, an high-level panel headed by TR Alamelu,member(Non-life), IRDAI, among other things, has recommended bringing down the tax...

British insurers suspend sale of Travel Insurance to new customers

by AIP Online Bureau | Mar 17, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life

  London: British insurers Admiral, Aviva and Direct Line are no longer offering travel insurance to new customers, they said on their websites on Friday.   “The ongoing global situation with coronavirus means there’s much greater likelihood of...

Europe’s Soccer Clubs may face $1B Bill if Coronavirus forces season cancellation

by AIP Online Bureau | Mar 16, 2020 | Disaster & Management, Eco/Invest/Demography, Health

If the coronavirus forces Europe’s soccer leagues to cancel the rest of the season, TV networks may be able to demand more than $1 billion in compensation.   The move to suspend international games and competitions in England, Spain and Italy has got media...
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