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Javadekar hints at possible GST cut for vehicles to boost auto sector

by AIP Online Bureau | Sep 4, 2020 | Eco/Invest/Demography, Indian News

  New Delhi: Union Minister Prakash Javadekar on Friday hinted at the possibility of GST rate cut for vehicles and hoped that the automotive industry will soon get some "good news". The Heavy Industries Minister also shared that the proposal for the...

Swiss Re retains top spot in AM Best’s top 50 ranking of global reinsurers

by AIP Online Bureau | Sep 4, 2020 | International News, Life, Non-Life, Reinsurance

OLDWICK, N.J: Swiss Re maintained the top spot in AM Best’s annual ranking of the Top 50 Global Reinsurance groups in 2019 for the second-straight year, and widened its lead over the No. 2-ranked Munich Reinsurance Company, as detailed in the new Best’s Market...

Total expected onshore U.S. insured losses from Hurricane Laura around $9bn – $13bn:RMS

by AIP Online Bureau | Sep 4, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

  Newark, CA: RMS, the world’s leading catastrophe risk solutions company, estimates that total onshore U.S. insured losses from Hurricane Laura will be between US$9.0 and US$13.0 billion. The estimate includes losses to the National Flood Insurance Program...

Over 2,700 Mumbaikars fined for not wearing masks

by AIP Online Bureau | Sep 4, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic

Over 2,700 people have been fined by the Brihanmumbai Municipal Corporation in the last five months for stepping out in public without wearing masks amid the COVID-19 pandemic, an official said on Friday. As per the Union government's guidelines following the...

Select intl passengers can avail COVID-19 tests on arrival at entry airports

by AIP Online Bureau | Sep 4, 2020 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

New Delhi: International passengers who have to take connecting domestic flights after landing in India will have the option of getting themselves tested for COVID-19 at the entry airports, the Civil Aviation Ministry said on Wednesday. If the RT-PCR test result is...
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