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S&P expects India’s economy to contract 9% in fiscal 2021

by AIP Online Bureau | Sep 14, 2020 | Eco/Invest/Demography, Indian News, Pandemic

BENGALURU: S&P Global Ratings said on Monday that it was expecting India’s economy to shrink by 9% in the fiscal year ending March 31, 2021, larger than its previous estimate of a 5% contraction, as the country reels under the impact of the COVID-19...

Hannover Re anticipates significant price increases in property and casualty reinsurance

by AIP Online Bureau | Sep 14, 2020 | International News, Non-Life

  Hannover: Germany major Hannover Re expects to see significant price increases spanning the various lines of property and casualty reinsurance in the treaty renewals as at 1 January 2021. The key drivers here are the strains incurred by primary insurers and...

WHO head urges rich nations to join vaccine scheme by Friday deadline

by AIP Online Bureau | Sep 14, 2020 | Eco/Invest/Demography, Health, International News, Pandemic

Zurich/London Countries should join the World Health Organization’s (WHO) COVAX vaccine facility by a Friday deadline to help ensure that immunizations are fairly and efficiently distributed, WHO Director General Tedros Adhanom Ghebreyesus said on Monday. So...

Asia offers more flu shots to head off COVID-19 complications

by AIP Online Bureau | Sep 14, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

  TOKYO/SEOUL/BEIJING: Some Asian countries are rolling out early and more aggressive influenza vaccination programs this year, seeking to reduce the potential of people contracting the flu and COVID-19 simultaneously, crippling healthcare systems. With a second...

COVID-19 tally in India breaches 48-lakh mark; death toll climbs 79,722

by AIP Online Bureau | Sep 14, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: India's COVID-19 case tally crossed 48 lakh with 92,071 new infections being reported in a day, while over 37.8 lakh people have recuperated taking the national recovery rate to 78 per cent on Monday, according to the Union Health Ministry data....
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