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G20 agrees debt framework to help poor countries hit by COVID

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

G20 finance ministers have agreed for the first time on a new joint framework for restructuring government debt, in anticipation that the coronavirus crisis will leave some poor countries in need of deep relief. The COVID-19 pandemic is straining the finances of some...

In first for Fed, U.S. central bank says climate poses stability risks

by AIP Online Bureau | Nov 14, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

The U.S. Federal Reserve for the first time called out climate change among risks enumerated in its biannual financial stability report, and warned about the potential for abrupt changes in asset values in response to a warming planet. “Acute hazards, such as...

COVID-19: 44,684 new cases take India’s virus tally to 87,73,479

by AIP Online Bureau | Nov 13, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: India's COVID-19 tally of cases climbed to 87.73 lakh with 44,684 new infections in a day, while 81,63,572 people have recuperated from the disease so far, bringing the national recovery rate to 93.04 per cent on Saturday, according to the Union...

IRDA proposes standard policy for treatment of vector-borne diseases like dengue, malaria 

by AIP Online Bureau | Nov 13, 2020 | Health, Indian News, Non-Life

  Mumbai: Health and general insurers will soon be permitted to offer a standard insurance cover to the public for treatment of vector-borne diseases like dengue, malaria and chikungunya. Regulator IRDAI on Friday came out with an exposure draft on Standard...

GIC Re turns profitable, records a profit of Rs 230 cr in Sep Qtr

by AIP Online Bureau | Nov 13, 2020 | Indian News, Reinsurance

  Mumbai: Backed by a handsome investment income,amidst Covid-19 Pandemic, state owned GIC Re has turned profitable in Q2 FY 2021 by recording profit of Rs 230 .06 crore during the period against a loss of Rs 595.44 crore in the year-ago period.  Despite...
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