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FPIs in selloff mode for 2nd straight month, pull out Rs 15,403 cr in April

by AIP Online Bureau | May 3, 2020 | Eco/Invest/Demography, Indian News

New Delhi: Foreign portfolio investors (FPIs) continued their selling spree for the second straight month, withdrawing a net Rs 15,403 crore from the Indian capital markets in April amid the coronavirus crisis.   As per the depositories data, FPIs pulled out a...

Online car sales may gain traction post COVID-19, auto retail needs to become virtual: EY

by AIP Online Bureau | May 3, 2020 | Eco/Invest/Demography, Facts, Non-Life, Technology

  New Delhi:  Post the COVID-19 crisis, online car sales are likely to gain traction as customers would lean further towards contactless modes of purchasing, according to a report by consultancy firm EY.   With the fear of infection and lack of hygiene...

All domestic, international flight operations suspended till 17 May

by AIP Online Bureau | May 3, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: The Directorate General of Civil Aviation (DGCA), on Saturday, approved the suspension of domestic and international commercial flights till May 17.The DGCA issued circular after the government extended the lockdown for another two weeks.  The...

UK doctor alerts Indians to poor diet link with COVID-19 deaths

by AIP Online Bureau | May 3, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

 London: Poor diet is a major cause behind the COVID-19 deaths and the Indians must urgently cut down on ultra-processed food to build resilience against the deadly virus, a leading Indian-origin cardiologist in the UK has cautioned.  Dr Aseem Malhotra, who...

Warren Buffett says the coronavirus cannot stop America, or Berkshire Hathaway

by AIP Online Bureau | May 2, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

  Billionaire investor Warren Buffett, whose Berkshire Hathaway Inc is being hit hard by the coronavirus pandemic, posting a record quarterly net loss of nearly $50 billion on Saturday said the United States’ capacity to withstand crises provides a...
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