by AIP Online Bureau | Sep 8, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
Washington: India, a global hub for generic drugs, has launched a new scheme to boost production of active pharmaceutical ingredients that are greatly dependent on the Chinese supply chain, according to NITI Aayog CEO Amitabh Kant. Speaking at the 14th Annual...
by AIP Online Bureau | Sep 8, 2020 | Eco/Invest/Demography, Indian News
New Delhi: India is witnessing the weakest hiring sentiment in 15 years with just 3 per cent companies planning to add staff in the next three months, a survey of over 800 employers said on Tuesday. According to the ManpowerGroup Employment Outlook Survey, that...
by AIP Online Bureau | Sep 8, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi, India's COVID-19 caseload rose to 42,80,422 on Tuesday with 75,809 instances of the viral infection recorded in the last 24 hours, while a record 1,133 fatalities took the death toll to 72,775, the Union health ministry data showed. However, the...
by AIP Online Bureau | Sep 8, 2020 | Indian News, Non-Life, Pandemic, Reinsurance
Mumbai: With reduced premium,investment income and higher underwriting losses, state owned GIC Re suffered a loss of Rs 557.47 crore in Q1 Fy 2020-21 as compared to profit after tax of ₹ 108.60 crore for corresponding quarter of the previous...
by AIP Online Bureau | Sep 8, 2020 | International News, Non-Life, Pandemic, Reinsurance, Technology
Zurich: Following rate improvements in many markets, and particularly in loss-affected segments, Swiss Re expects further rate hardening across all lines of business. At the same time, the reliance on underwriting profits increases in the low interest rate...
