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India to spend $27 billion over 5 years to boost manufacturing

by AIP Online Bureau | Nov 11, 2020 | Eco/Invest/Demography, Indian News

NEW DELHI: India’s cabinet on Wednesday approved a proposal to provide production-linked incentives of about 2 trillion rupees ($27 billion) over five years to create jobs and boost manufacturing in the country, the finance minister said. The incentives will be...

Nepal COVID-19 cases cross 200,000 amid fears of health catastrophe

by AIP Online Bureau | Nov 11, 2020 | Eco/Invest/Demography, Health, International News, Pandemic

KATHMANDU: Total coronavirus infections in Nepal crossed 200,000 on Wednesday, as health workers say the Himalayan nation was facing a “catastrophic” situation.In the last 24 hours there were 2,569 new cases and 26 deaths, according to government data...

Bank employees to get 15 % salary hike, PLI scheme introduced for banks

by AIP Online Bureau | Nov 11, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News

   Mumbai: The Indian Banks'' Association (IBA) on Wednesday announced the conclusion of the 11th Bipartite Wage Negotiations with bank unions and officers'' associations. After three years of intense negotiations, bank employees''...

Russia says its Sputnik V COVID-19 vaccine is 92% effective

by AIP Online Bureau | Nov 11, 2020 | Eco/Invest/Demography, Health, International News, Pandemic

  MOSCOW: Russia’s Sputnik V vaccine is 92% effective at protecting people from COVID-19 according to interim trial results, the country’s sovereign wealth fund said on Wednesday, as Moscow rushes to keep pace with Western drugmakers in the race for a...

Pfizer vaccine trial success signals breakthrough in pandemic battle

by AIP Online Bureau | Nov 11, 2020 | Eco/Invest/Demography, Health, International News, Pandemic

  Pfizer Inc's  experimental COVID-19 vaccine is more than 90% effective based on initial trial results, the drugmaker said on Monday, a major victory in the war against a virus that has killed over a million people and battered the world's...
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