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Wall Street jumps after worst day since 1987 over hopes of fiscal easing

by AIP Online Bureau | Mar 13, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

New York: U.S. stock indexes rebounded on Friday as investors bet on another round of fiscal easing to thwart a looming global recession in the face of the coronavirus pandemic.   After Wall Street's worst daily selloff in more than three decades, indexes...

China non-life insurers see big drop in car accident claims in Coronavirus silver lining

by AIP Online Bureau | Mar 13, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life

  Beijing: Chinese non-life insurers are discovering a silver lining to the cloud spreading over China’s economic performance from the coronavirus outbreak – a sharp drop in car accident claims.   Beijing’s efforts to contain the new...

India needs 1,900 aircraft in 20 years, predicts Airbus

by AIP Online Bureau | Mar 12, 2020 | Eco/Invest/Demography, Indian News, Non-Life

  Hyderabad, Backed by buoyancy in the increase of air travellers, India will require about 1,900 new passenger and cargo aircraft before 2038, president and managing director of Airbus India (South Asia) Anand Stanley said on Thursday.   Of the 1,900...

Coronavirus will continue for a year or may be longer: Singapore PM

by AIP Online Bureau | Mar 12, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  Singapore: Singapore Prime Minister Lee Hsien Loong told Singaporeans on Thursday to expect the coronavirus to continue for a year or may be longer as the city state faces a "serious situation" with a "possible spike" in new cases.  ...

Indices log biggest intra-day recovery after plunging 10%, Nifty reclaims 10,000

by AIP Online Bureau | Mar 12, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

   Mumbai: The Indian equity markets recovered, the biggest-ever intra-day, after hitting 10 per cent lower circuit on Friday.   The S&P BSE Sensex,after hitting the intra-day low of 29,388, was trading around the 34,480 levels, up...
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